Polymeric Surfactants Market is set to expand accruing massive revenues by 2025, registering a robust CAGR during the forecast period (2016-2025).
Growth Drivers and Key Restraints:
The main factors backing the strong growth of the global polymeric surfactant market are the high disposable income used for spending on luxuries like high-priced personal care products, surging industrialization, surmounting demand for detergent for cleaning purposes in industries as well as in household, along with the growth of the middle-class population around the world.
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Considering the crop production environment at present, the need for attaining optimum economic performance from every input has risen to exponential levels. Burgeoning global population around the globe is giving way to the need for producing a higher number of agricultural products. As per reports, the worldwide population has elevated from 7.358 billion in the year 2015 to the value of 7.53 billion in the year 2017. Owing to this, the surfactant technology is progressively being used to develop high-performance pesticides and insecticides. In addition, the market is set to expand at a quick pace in the near future on account of the rising adoption of surfactants in several industries, in addition the industry participants in the process of opening surfactants plants in nations like Saudi Arabia, China etc. in a bid to expand their consumer base.
In contrary, stringent regulations pertaining to the personal care products by various government organizations like Consumer Product Safety Commission and China Food and Drug Administration (CFFD) could leave a debilitating impact on the growth of the global polymeric surfactant market in the coming years.
The top companies operating in the worldwide Polymeric Surfactant Market include:
- Kao Corporation
- Croda International PLC
- BASF SE
- Nobel N.V
- Evonik Industries AG
- Stepan Company
- Unitop Chemicals Pvt. Ltd
- Dow Chemical Company
- Huntsman International LLC
China National Petroleum Corporation (CNPC) has entered into a partnership with Gazprom Neft, with one of the primary objectives being the development and adoption of the latest techniques for increasing oil recovery, such as surfactant and polymer flooding.
The worldwide polymeric surfactant market has been segmented based on application, configuration, end use and types.
The application-dependent segments in the global market are ceramics & detergent, dyestuffs, emulsions, inks, oilfield chemicals, paper coating, and others.
Configuration-wise, the market has been considered for block and graft.
The various end-users in the global market include agrochemicals, cosmetics & personal care, food, oil & gas, paints & coatings, pharmaceuticals, and others.
As per the type, the market caters to natural and synthetic.
Browse key industry insights spread across 140 pages with 59 market data tables & 14 figures & charts from the report, “Global Polymeric Surfactants Market Research Report: By Type (Natural, Synthetic), Grade (Block, Graft), Application (Dispersants, Wetting Agents, Oilfield Chemicals, Dyeing Auxiliaries, Emulsifiers, Viscosity Modifier, Foam Boosters, and others), End-Use Industry (Paints & Coatings, Cosmetics & Personal Care, Oil & Gas, Agrochemicals, Pharmaceuticals, Food, Rubber and others) and Region (North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa) – Forecast till 2025” in detail along with the table of contents @ https://www.marketresearchfuture.com/reports/polymeric-surfactants-market-3901
The regional segments in the global polymeric surfactant market include Latin America, Europe, Asia Pacific, North America, and the Middle East & Africa (MEA).
In the years ahead, the demand for resins, wetting agents and dispersants in the process of emulsion polymerization is set to rise at a significant rate in North America. This factor will help buoy the market position of polymeric surfactants in the region during the review period. Another factor that provides a considerable push to the growth of the market is the fact that the region is considered to be the most technologically developed market among all the regions. Moreover, several well-established players are located in the region, which works in favor of the market expansion. Many of these players are operating in the United States (US), whereas Canada is another strong market expanding in the region.
Europe is another strong market globally owing to the growing density of population; strong support of the government to conduct researches regarding the innovation of eco-friendly products as well as the existence of a number of renowned industry vendors. The primary revenue-generators in the region are countries like Italy, France, Spain, the United Kingdom (UK) and Germany.
Although the growth of the Latin America market is not as much as that of other regions, it is still quite significant, with the country-specific well-established markets being Brazil and Argentina, followed by the rest of Latin America. The growth of the market in the Middle East and Africa will be sluggish on account of the lack of awareness, less level of education, slow technological development, along with political instability. The important smaller markets making up the regional market include Israel, Bahrain, Oman, North Africa, Saudi Arabia, Qatar, United Arab Emirates (UAE), and Turkey, followed by the rest of the region.
Asia Pacific is on track to manifest into the fastest-expanding market for polymeric surfactants as a result of the hike in the demand for home care and personal care products. The regional market is developing at a striking rate due to the ongoing substantial oil recovery projects in the emerging countries like India and China. In addition, Japan, Australia, and New Zealand are other important markets in the region, trailed by the rest of the region. The booming oil & gas industry making the highest demand for polymeric surfactants has given a considerable shove to the growth of the regional market in recent years. On top of that, the burgeoning urban population, growing consumer awareness pertaining to health and hygiene, and the towering growth in the use of dispersants in paints, pigments and agrochemicals industries has worked in favor of the market in the region to a large extent.
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