Surfactants Market Overview:
Surfactants are compounds that are used to lower the interfacial tension between liquids, gases, and solids. These compounds also act as wetting agents, emulsifiers, foaming agents, detergents, and dispersants. Surfactants are organic compounds that contain hydrophilic and hydrophobic groups. These compounds are classified mainly into four type’s namely cationic surfactants, non-ionic surfactants, anionic surfactants and amphoteric surfactants. The properties of surfactants such as wettability, emulsion, dispersion, and stabilization among others pave their way into many end-user industries. The growing demand from the end-user industries are major factor contributing to the growth of the market. The major end-user industries include homecare and personal care, oil and gas, agriculture, paints & coatings and construction among others. Moreover, the growing demand for biosurfactants owing to the stringent government regulations is anticipated to be a major opportunity in the growth of the market.
Surfactants are widely used in the applications such as paints and coatings, textiles, institutional cleaners, food processing and agricultural chemicals among others. The global surfactants market is spanned across five regions of the world namely, Latin America, Asia Pacific, North America, Europe and the Middle East & Africa. The Asia Pacific region leads the global market and is projected to continue leading owing to the growing urbanization and industrialization in the developing countries of the region. India and China are major contributors to this growth of the region. The presence of the most populated countries has augmented the construction and automotive sector, which is expected to boost the market growth during the forecast years.
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Surfactants Market Key Players:
Surfactants Market Players are: Akzo Nobel N.V (Netherland), Air Products and Chemicals Inc (U.S.), Clariant AG (Switzerland), E. I. Du Pont De Nemours & Co (U.S.), Evonik Industries AG (Germany), Huntsman Corporation (U.S.), KAO Corporation (Japan), Solvay (Belgium), Stepan Company (U.S.) and Galaxy Surfactants Ltd. (India) among others.
Surfactants Market Segmental Analysis:
Surfactants Market is segmented into product type and application. On the basis of the product type, the market is segregated into cationic surfactants, non-ionic surfactants, anionic surfactants, amphoteric surfactants, and others. The market by the application is further categorized into homecare & personal care, industrial and institutional cleaners, food processing, oil field chemicals, agricultural chemicals, textiles, emulsion polymerization, paints & coatings, building & construction, and others.
Surfactants Market Application:
Surfactants has found numerous application such as in Household detergents, Toiletries/personal care, Industrial and institutional cleaning, Textiles, Pulp and paper and in Others including polymers, paints and coating, leather, oil field chemicals, agro-chemical formulations, etc. Surfactants are gaining huge traction in the current time, owing to its wide range of applicability especially, and its huge demand in the industrial applications. Surfactants value chain and the interplay between oleo chemical and petrochemical routes. Indeed, the prices of fats and oils have also declined in 2015—however, not to the same extent as for crude oil.
Surfactants in 2018 and is estimated to retain its dominance during the assessment years due to growing demand from agriculture, paints & coatings, textiles, and construction sector. In addition, the demand for surfactants is predicted to surge in various countries of Asia Pacific such as China, India, Japan, Vietnam, Malaysia, Thailand, Taiwan, and South Korea because of increasing construction activities as well as high adoption rate from numerous end use industries.
Surfactants are those products which are used to reduce the surface tension between two liquids. These are predominantly utilized in numerous applications such as agriculture, personal & household, textiles, food processing, oilfield chemicals, and others.
Surfactants market has seen a tremendous growth over the past decade due to its huge demand in the industrial applications and it has been anticipated that the global market will retain this position during the forecast period. This market is mainly driven by the increasing demand coming from its application industries.
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Surfactants Market Regional Analysis:
Surfactants market is segmented into five regions: Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa. Among these, Asia Pacific is the leading region of the market and is expected to grow with an encouraging CAGR. Growing population coupled with increasing purchase power parity in the developing nations are primarily driving the growth of the surfactants market. Moreover, the burgeoning retail sector in the region coupled with the penetration of smartphones has made the availability of consumer goods easier, which, in turn, is surging the market growth. The homecare application is the largest applications of surfactants accounted for a market share of over 30%. The growing purchasing power in the region has propelled the demand for home care and personal care products mainly in China and India.
North America is another dominant region in the global market, exhibiting an expanding CAGR. The presence of the developed end-user industries is expected to augment the need for surfactants, especially in Canada and the U.S. Moreover, the recent shale gas boom has augmented the exploration and production activities mainly in the U.S.
The European region is expected to show steady growth during the forecast period. The developed electronics and personal care industry in the region is the major factor driving the growth of the market. Moreover, the developed automobile industry in the region has expected to boost the demand for surfactants owing to its applications in paints and coatings industry. Furthermore, the growing demand for processed food is also expected to contribute to the growth of the market owing to its use as food emulsifiers.
Surfactants Market Table of Content:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain of Global Surfactants Market
5 Industry Overview of Global Surfactants Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
Surfactants Market Table of Content to be Continue…….,
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