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Surfactants Market By Type (Cationic Surfactant, Nonionic Surfactant, Anionic Surfactant, Amphoteric Surfactant), By Application (Home Care, Personal Care, Industrial & Institutional Cleaners, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textiles, Emulsion Polymerization (Plastics), Paints & Coatings, Construction) - Growth, Future Prospects And Competitive Analysis, 2016 –2023

Surfactants are briefly defined as materials used to reduce surface tension between a liquid and a solid or between two liquids when used in very low concentrations. They are used in various end-use applications such as home care, personal care, food processing, and oilfield chemicals, among others.

The growth of the surfactant market is mainly triggered by the rising demand for end-use applications such as personal care, home care, and food processing, among others. However, the implementation of stringent regulations by government agencies is the major factor inhibiting the market growth. Investment in research and development to find new sources of raw materials offers huge market opportunities for the players present in this market.

Owing to the rise in demand for soaps, detergents, and household cleaners, by application, home care accounted for the largest share of the market in 2015 and is projected to maintain its position over the next six years. However, the personal care segment is projected to witness the highest growth rate over the forecast period of 2016 to 2023.

In 2015, anionic surfactants accounted for the lion's share of the market pie. Anionic surfactants are widely used in detergents and cleaners owing to advantageous product characteristics and are projected to boost the market growth. On the other hand, due to the presence of better and cheaper substitutes, the growth rate of nonionic surfactants is projected to be lower over the next six years. Amphoteric surfactants are projected to witness high demand on account of their various properties during the forecast period of 2016–2023.

Due to its large consumer base, Asia Pacific accounted for over 32,000% of the market. The rise in demand for surfactants in this region is primarily due to an increase in demand from household and industrial applications, as well as an increase in disposable income. India, China, and Indonesia are the three major contributors to this growth. Moreover, the retail sector is also getting organized in these countries, which will boost demand for better-quality consumer goods. Asia Pacific was followed by North America and Europe; both of these economies are projected to witness a moderate growth rate over the next six years owing to stagnant demand from end-use applications.

The report titled "Global Surfactants Market: Growth, Future Prospects, and Competitive Analysis, 2016–2023" offers strategic insights into the global surfactants market along with the market size and estimates for the duration of 2013–2023. The said research study covers an in-depth analysis of multiple market segments based on type, application type, and a cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 and 2023. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

The report also includes profiles of the leading surfactant manufacturers, as well as their product portfolios and key developments, to assist strategic decision-makers. The major players profiled in the report are AkzoNobel, BASF SE, Clariant, Croda International Plc, Evonik Industries AG, and Huntsman International LLC, among others.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the surfactant industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2013–2014)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global surfactants market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above-mentioned factors.

Frequently Asked Questions:

The market for Surfactants Market is expected to reach US$ 47.16 Bn By 2023.

The Surfactants Market is expected to see significant CAGR growth over the coming years, at 4.4%.

The report is forecasted from 2016-2023.

The base year of this report is 2015.

AkzoNobel, BASF SE, Clariant, Croda International Plc, Evonik Industries AG, and Huntsman International LLC are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jan 2017
Category:  Chemicals
Report ID:   58306
Report Format:   PDF
Pages:   120
Rating:    4.4 (65)
Delivery Time: 24 Hours to 48 Hours   
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