Global amphoteric surfactant market is expected to grow significantly over the forecast period owing to its increasing demand from personal care and domestic sectors. Amphoteric surfactant demand is increasing on account of its mildness and sulfur free properties. On the basis of types, the global is segmented into betaine, amine oxide, sultaine amphoacetate and amphopropionate. Additionally amphoteric surfactant are largely preferred over conventional surfactants on account of its excellent performance at high pressure, high temperature and in hard water. Its potential to substitute traditional surfactants is expected to have a positive impact on global amphoteric surfactant demand over the forecast horizon. Major applications of amphoteric surfactant include detergents, textiles, soaps, industrial cleaning, agricultural support, shampoo, dish washing liquids, skin products, hair products and baby care products. Personal care products are the fastest growing application segment due to its use as eye makeup remover, bath gel, facial wash, and in children cleansing formulations. Industrial cleaning market is expected to foster global demand over the next seven years. Amphoteric surfactant is highly used in oilfield chemicals. Oil & gas market has witnessed significant growth in the past and is anticipated to grow further over the forecast period, thus providing growth opportunities to the global amphoteric surfactant market. High amphoteric surfactant cost as compared to other conventional surfactants is a major factor restraining the global market growth over the forecast period.
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Asia Pacific is expected to dominate amphoteric surfactant market in the upcoming years. Substantial increase in amphoteric surfactant demand in emerging economies such as China, India and Malaysia particularly in personal care products formulation is further projected to complement Asia Pacific market growth. Additionally, rapid development in Asia Pacific as a result of the growing end use industries has led to amphoteric surfactant market growth. Central & South America amphoteric surfactant market is predicted to grow at a rapid rate over the forecast period. Majority of the demand in the region is expected to be driven by Brazil, which has been witnessing high growth in personal care industry and downstream oil & gas applications.
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Key participants in amphoteric surfactant market includes AirProducts& Chemicals,AKzonobel N.V., Solvay, BASF, Huntsman Corporation, OxitenoSa and Lonza Company.
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