PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1296492
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1296492
In terms of value, the surfactants market is estimated to grow from USD 43.5 billion in 2022 to USD 57.8 billion by 2028, at a CAGR of 4.9%. The rising demand from personal care industry is also driving the demand for surfactants. Manufacturers are incorporating technologies to improve the quality of surfactants.
"Non-ionic surfactants are expected to be the fastest-growing type of the surfactants market, in terms of value, during the forecast period."
The non-ionic surfactants type segment is estimated to behold the fastest growth in terms of value and volume during the forecast period. Synthetic oil have several benefits such as compatibility with wide range of chemicals, more stability than other type of surfactants, excellent emulsification and low toxicity. Therefore, due its benefits these surfactants are widely used in personal care, industrial and food & beverage applications.
"Asia Pacific is largest and projected to be the fastest growing region for surfactants market, in terms of value, during the forecast period
Due to increasing population and improving living standards the need for surfactants in personal care, home care and Industrial & institutional cleaning is increased in the Asia Pacific region. Thus, the surfactants market in Asia Pacific is projected to grow at highest CAGR during the forecast period. Additionally, the accessibility of raw materials and rapid industrialization will promote demand for surfactants market.
The key players profiled in the report include BASF SE (Germany), Stepan Company (US), Evonik Industries AG (Germany), Dow Inc. (US), Nouryon (Netherlands), Solvay S.A. (Belgium), Clariant AG (Switzerland), Indorama Ventures Public Company Limited (Thailand), Kao Corporation (Japan), Ashland Inc. (US), Croda International Plc (UK), and among others.
Research Coverage
This report segments the market for surfactants based on substrate, type, application, and region and provides estimations of volume (kiloton) and value (USD million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, key strategies, associated with the market for surfactants.
Reasons to Buy this Report
This research report is focused on various levels of analysis - industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the surfactants market; high-growth regions; and market drivers, restraints, and opportunities.