PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1549398
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1549398
The amphoteric surfactants market is poised for significant growth, with a projected value of USD 7.1 billion by 2029, exhibiting a robust CAGR of 4.2% from its 2024 value of USD 5.8 billion. The amphoteric surfactants market is witnessing substantial growth, primarily driven by two key factors. The expansion of consumer good and the increasing focus on personal care products. As industries such as oil and gas, home care & cleaning, and agriculture continue to grow, the need for amphoteric surfactants becomes necessary for personal care product, ensuring safety, and meeting regulatory standards.
Scope of the Report | |
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Years Considered for the Study | 2018-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Value (USD Million) and Volume (Kiloton) |
Segments | Type, Application, and Region |
Regions covered | Asia Pacific, North America, Europe, Middle East & Africa, and South America |
"Amine oxide segment is estimated to be the second fastest-growing type for amphoteric surfactants market during the forecast period 2024 to 2029."
Due to its versatile application and unique properties among the amine oxides, it will be the second-fastest-growing type of amphoteric surfactant that enters the market during 2024-2029. Their appeal in many industries is attributed to their mildness, good foaming, and great cleaning power. They find their uses across household cleaning products, personal care items, such as shampoos and body washes, industrial cleaning agents, etc. Results being an increase in the demand for mild yet effective cleaning products as well as personal care products. More and more consumers and industries demand products that are sustainable and environment friendly; for this reason, amine oxides have gained popularity because of being biodegradable and offering low environmental impact. This growing preference for eco-friendly ingredients will probably help in the sharp market growth of the amine oxide segment in the amphoteric surfactant market over the next few years.
"Agriculture was the third largest segment in amphoteric surfactants market in 2023, in terms of value."
In 2023, agriculture became the third largest application of amphoteric surfactants, underlining the increasing role these fine chemicals have been playing in the agricultural sector. The growing use of amphoteric surfactants nowadays aims to enhance crop-protection products, including pesticides and herbicides, by enriching the functionality of such formulations. This works by way of improving the spread and adhesion of active ingredients onto plant surfaces, hence offering greater coverage and better absorption for increased crop yields. By the increasing use of better and eco-friendlier solutions by farmers and agricultural businesses, demand for amphoteric surfactants is also on the rise. They are preferred not only for their performance but also because of their relative lower toxicity and biodegradability as compared to traditional surfactants.
"South America is estimated to be the second fastest growing segment of amphoteric surfactants market during forecasted year from 2024 to 2029, in terms of value."
South America is expected to be the second-fastest-growing segment of the amphoteric surfactants market from 2024 to 2029. This could be attributed to the rising demand for versatile, eco-friendly products within the region. People have, with improving disposable incomes, been able to spend on personal care and household products that incorporate these amphoteric surfactants, known to be mild and effective. Additionally, this environment sustainability awareness is increasingly felt by the consumer and manufacturer alike, boosting eventually the demand towards biodegradable and harmless cleaning agents. With product innovation going on a spree and the personal care and cleaning products portfolio of companies widening in South America, the amphoteric surfactant market is bound to be on a strong platform, placing the region as one of the main contributors in the global landscape.
The key market players illustrated in the report include Evonik Industries AG (Germany), BASF SE (Germany), Stepan Company (US), Clariant AG (Switzerland), Croda International plc. (UK), Nouryon (Netherlands), The Lubrizol Corporation (US), Libra Speciality Chemicals Ltd. (UK), ADEKA CORPORATION (Japan), and STOCKMEIER Group (Germany).
Research Coverage
This report segments the market for amphoteric surfactants market based on type, application, and region, and provides estimations for the overall value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for amphoteric surfactants.
Reasons to buy this report
This research report is focused on various levels of analysis - industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the amphoteric surfactants market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
surfactants, growing demand for mild and hypoallergenic personal care products), and challenges (volatility in raw material prices).
Increasing consumer expenditure on FMCG products to drive market