Market Research Future published a Half Cooked Research Report on “Global Non Ionic Surfactants Market Research Report – Forecast to 2023”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
3M, Akzo Nobel N.V., Arkema, BASF SE, Clariant, Dow Corning Corporation, Elementis plc, Evonik Industries AG, Huntsman International LLC, Kao Corporation among others are some of the prominent players at the forefront of competition in the Global Non Ionic Surfactants Market and are profiled in MRFR Analysis.
Non Ionic Surfactants Market – Overview
Non Ionic Surfactants are predominantly utilized in number of end use industries such as paints & coatings, oilfield, food & beverages, textiles, personal care, household, and others. Non Ionic Surfactants Market is expected to witness significant growth due to their demand in various end use industries such as paints & coatings, personal care, and household. On the basis of type, alcohol ethoxylates accounted for the largest market share on account of their wide utilization in industry detergents which is further used in industrial and institutional cleaners. Furthermore, their high utilization as stabilizers in personal care items such as shampoos and soap. Among the end use industries segment, household end use segment dominated the market share in terms of volume and value on account of rising laundry business in the developing countries.
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Geographically, Asia Pacific emerged as the largest market for Non-Ionic Surfactants followed by North America and Europe. The North American Non-Ionic Surfactants Market is estimated to witness moderate growth with a constant CAGR over the forecast period on account of continuous growth of personal care & oilfield industries in this region. In North America the market is further categorized into Canada and the U.S., among them the U.S. estimated to hold the largest regional market share of non-ionic surfactants owing to rising investment in innovation as well as research and developments activities and is estimated to retain its dominance over the forecast period in the regional market growth owing to growing spending on personal care products along with rising adoption rate of non-ionic surfactants based detergent in household cleaning. Asia Pacific is expected to witness moderate growth over the review period, 2017 to 2023. The demand for Non-Ionic Surfactants is expected to raise in numerous economies of Asia Pacific such as Singapore, China, India, Japan, Taiwan, Australia, and South Korea due to rising population along with shifting of manufacturing base for many dominant market players. In Europe, Non-Ionic Surfactants Market is estimated to register constant growth owing to rising awareness regarding the benefits associated with the products made from non-ionic surfactants as well as strong presence of personal care and paints & coatings manufacturers specifically in U.K., Germany, Spain, Italy, France, and Russia. Moreover, numerous emerging countries of Latin America and the Middle East & Africa are expected to witness above average growth in non-ionic surfactants owing to growing purchasing power and strong consumer base for textile product and improved personal care sector.
Industry/ Innovation/ Related News:
September 2017– Kolb and Stockmeier announced to strengthen their partnership for the distribution on non-ionic surfactants in Germany. This strategic partnership will improve their market presence and serve as a high quality distribution channel.
December 2017– Kuala Lumpur Kepong Bhd (KLK) made an announcement to acquire Netherland based surfactant manufacturer named as Elementis Specialties Nether B.V. The acquisition amount cost around USD 48 Million. With this acquisition the company enhance their market position in non-ionic surfactant across the globe.
January 2015– Croda International Plc, one of the leading manufacturing of specialty chemical ingredients announced to invest at its Atlas Point production facility located in Delaware, U.S. to manufacture 100% sustainable non-ionic surfactants. This invest will help company to enhance their leading position in the specialty chemical business across the globe.
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The Non Ionic Surfactants Market Report has analysed the level of competition among the major manufacturers as well as sector growth and market scenario. The Global Non-Ionic Surfactants Market includes a large number of suppliers operating in the market which includes large scale and medium scale producers. The important manufacturers and medium level producers which has strong hold in the market have shifted their focus towards growth association specifically by Asia Pacific as small level and medium level suppliers belongs to this region specifically from China, Singapore, South Korea, Bangladesh, India, Indonesia, Thailand, Taiwan, Malaysia, Australia, and Japan. On the other hand, the key operating players of non-ionic surfactants are following various strategic plans to improve their product portfolio by set up research and development centres across the various locations in world, strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the major manufacturers in this market are growing their production capacity of Non-Ionic Surfactants to meet the growing demand for Non-Ionic Surfactants across the globe.
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