In 2014, the global surfactant market was worth USD 25.60 billion.
Development of detergents market predominantly in Latin America and Asia
Pacific as a result of rising disposable income levels is likely to drive
market growth. Moreover, growing oilfield chemicals demand on account of
speedily growing E&P activities in China and North America is also expected
to drive the global surfactants market.
Surfactants are used to diminish
surface tension between a solid and a liquid or between two liquids in the form
of emulsifiers, wetting agents, foaming agents, detergents or dispersants. They
are used in numerous end-use industries for instance cosmetics, agrochemicals
and pharmaceuticals. Constant progress in these sectors is projected to assist
the major industry participants.
Browse full research report on Surfactants Market: http://www.grandviewresearch.com/industry-analysis/surfactants-market
Anioinic surfactants was the
largest product type which accounted for over 45% of the market in 2014.
Increasing demand for linear alkyl benzene in cleaners and detergents on
account of profitable characteristics of products led to the high market share.
Amphoteric surfactant type is projected to witness the highest growth rate, at
an estimated CAGR of 4.9% from 2015 to 2022. Amphoteric surfactants are
extensively being used worldwide owing to their various properties such as
conditioning, bio degradability, foaming & foam stabilization and
detergency.
Surfactant application accounted
for the highest market share of over 40% in 2014. Growing product demand in
detergents, household cleaners and soaps accounted for the huge demand in home
care segment. Personal care application is forecasted to witness the highest
growth rate, at an anticipated CAGR of 5.0% from 2015 to 2022. The growing
demand for new innovative products such as anti-aging creams and make-up is
expected to drive the demand for personal care application.
Asia Pacific accounted for over
30% of the global surfactant market in 2014.Increasing demand for home care and
personal care products along with rising awareness about bio-based products is
projected to provide an upper hand over other regions in the near future.
BASF - Cognis was the leading
company in 2014 contributing over 30%of the total market share of global
surfactants market. Other major companies in the market include Akzo Nobel,
Kao, Stephan, Rhodia, Clariant, Evonik, Croda and Huntsman. The major industry
participants in global surfactants market are developing new innovative
products. In addition, some of the key strategies of the industry participants
include joint ventures, mergers & acquisitions along with efficient
marketing strategies. Media platforms are projected to be utilized on a large
scale for product promotion and differentiation.
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Research: http://www.grandviewresearch.com/industry/personal-care-and-cosmetics
Grand View Research has segmented the global surfactants
market on the basis of product, application and region:
Global Surfactants Product Outlook (Volume, Kilo Tons;
Revenues, USD Million, 2012 - 2022)
- Cationic
surfactant
- Nonionic
surfactant
- Fatty
Al Ethoxylates (AE)
- Alkyl
Phenol Ethoxylates (NPE)
- Others
- Anionic
surfactant
- Linear
Alkyl Benzene
- FAI
Ether Sulfates
- Sulfosuccinates
- Others
- Amphoteric
surfactant
- Other
Surfactants
Global Surfactants Application Outlook (Volume, Kilo
Tons; Revenues, USD Million, 2012 - 2022)
- Home
Care
- Personal
Care
- Industrial
& Institutional Cleaners
- Food
Processing
- Oilfield
Chemicals
- Agricultural
Chemicals
- Textiles
- Emulsion
Polymerization (Plastics)
- Paints
& Coatings
- Construction
- Other
Applications
- Others
Global Surfactants Regional Outlook (Volume, Kilo Tons;
Revenues, USD Million, 2012 - 2022)
- North
America
- Europe
- Asia
Pacific
- RoW
About Grand View Research
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