The global Surfactants market is forecast to reach USD 59.29 Billion by 2027, according to a new report by Reports and Data. Surfactants are the organic composite of both hydrophobic and hydrophilic groups. It lets oil molecules to dissolve in or mix with water. The properties of surfactants such as emulsion, detergency, wettability, froth/foam, stabilization, and dispersion have a wide empirical approach in various industries.
The growth in the market is mainly attributed to the growing demand from the personal care industry. Surfactants are mainly used for industrial and household purposes. The market is anticipated to grow owing to the rise in environment-friendly products. Strict law on environmental problems, pollution control laws for production procedures, pressure for execution of environment-friendly chemical processes by the government, and rising propensity toward eco-friendly products are the factors that hinder the growth of the market.
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Market Scenario:
The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.
Major Companies:
- AkzoNobel N.V.
- Clariant AG
- BASF SE
- Huntsman Corporation
- Evonik Industries AG
- I. Du Pont De Nemours Co.
- The DOW Chemical Company
- Croda International PLC
- Stepan Company
- Air Products and Chemicals Inc.
Competitive Landscape:
The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.
Key questions addressed in the report:
- What is the expected market size of the global Surfactants market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Surfactants market?
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Surfactants Market Segmentation:
Type Outlook:
- Anionic Surfactants
- Non-Ionic Surfactants
- Cationic Surfactants
- Amphoteric Surfactants
Application Outlook:
- Personal Care
- Detergents
- Industrial Institutional Cleaning
- Textiles
- Oilfield Chemicals
- Food Beverage
- Crop Protection
Regional Outlook:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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