Global Surfactants Market
Global Surfactants Market was valued at US$ 41,210.35 Mn in 2020, estimated to reach US$ 55,000.35 Mn in 2027, with a CAGR of 3.67% from 2021-2027.
Surfactants are defined as organic chemicals with both hydrophilic & hydrophobic ends, which permit oil molecules to dissolve in water. They are applicable across multiple industries, due to their properties such as wettability, detergency, emulsion, dispersion stabilization, and foam/froth formation. They act as wetting agents, emulsifiers, foaming agents, and dispersants that structure a detergent. Surfactants are used for detergent formulations & for cleaning homes or workplaces, found in most toilet cabinets, cosmetics, pharmaceuticals, and a varied range of important industrial applications.
Market Drivers
The growth of the market is driven by the growing personal care industry in Asia Pacific as well as growing demand for oleochemicals are driving the growth of the global surfactants market over the forecast period. Furthermore, growing population and the increase in urbanization in Asia Pacific will positively influence the growth of global surfactants market.
Moreover, the increase in need for greener& sustainable surfactants is another factor driving its demand. In addition, extensive use of surfactants in household detergents is further accelerating the global surfactants market growth throughout the forecast period.
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Market Restraints
Environmental issues address certain key concerns which include toxicity, biodegradability, eutrophication, and lifecycle analysis. One of the biggest challenges faced by the surfactants industry is the level of the environmental effect caused by the use of its various products like detergents. This is likely to hamper the global surfactants market growth during the forecast period.
Market Segmentation
Global Surfactants Market is segmented into type such as Anionic Surfactants, Non-ionic Surfactants, Cationic Surfactants, Amphoteric Surfactants. Further, market is segmented into application such as Home Care, Personal Care, Industrial & Institutional Cleaning, Oilfield Chemicals, Food & Beverage, Agrochemicals, Textiles, Elastomers & Plastics, and Others.
Regional Analysis
Also, Global Surfactants Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The market in Asia-Pacific is expected to dominate the Surfactants market due to the increasing demand for home care and personal care products from developing countries such as China, Japan, and India. Economic development has led to the improvement in the lifestyle of consumers, causing high demand for personal care products such as shampoo, shaving cream, and hand wash.
Furthermore, North American region is projected to be second largest market of Surfactants globally owing to the region’s rapid industrialization and rising disposable income.
Key Players
Stepan Company, Evonik Industries AG, Solvay, Clariant, Ashland Global Holdings Inc., The Dow Chemical Company, BASF SE, Nouryon, Indorama Ventures Public Company Limited, Kao Corporation, etc.
Key Developments:
In April 2019: The Dow Chemical Company had expanded its alkoxylation capacity at its existing facility in Tarragona, Spain directly benefiting the Europe, India Middle East, and Africa region.
In September 2020, Stepan Completes Acquisition of Surfactant Business and Sulfate Production Equipment in Mexico from Clariant. Stepan Company announced that it has reached an agreement with Clariant (Mexico) S.A. de C.V. through its Mexican subsidiaries to acquire Clariant's anionic surfactant business and associated sulfation equipment in Santa Clara, Mexico.
Market Taxonomy
By Type
By Application
By Region
Key Questions Addressed by the Report
Global Surfactants Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Surfactants Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Surfactants Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Surfactants Market Share Analysis, By Type
5.3 Global Surfactants Market Size and Forecast, By Type
5.3.1 Anionic Surfactants
5.3.2. Non-ionic Surfactants
5.3.3. Cationic Surfactants
5.3.4. Amphoteric Surfactants
6 Global Surfactants Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Surfactants Market Share Analysis, By Application
6.3 Global Surfactants Market Size and Forecast, By Application
6.3.1 Home Care
6.3.2. Personal Care
6.3.3. Industrial & Institutional Cleaning
6.3.4. Oilfield Chemicals
6.3.5 Food & Beverage
6.3.6. Agrochemicals
6.3.7. Textiles
6.3.8. Elastomers & Plastics
6.3.9. Others
7 Global Surfactants Market, By Region
7.1 Global Surfactants Market Share Analysis, By Region
7.2 Global Surfactants Market Share Analysis, By Region
7.3 Global Surfactants Market Size and Forecast, By Region
8 North America Surfactants Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Surfactants Market Share Analysis, By Product
8.3 North America Surfactants Market Size and Forecast, By Application
8.5 North America Surfactants Market Size and Forecast, By Country
8.5.1 U.S.
8.5.2 Canada
8.5.3 Mexico
9 Europe Surfactants Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Surfactants Market Share Analysis, By Product
9.3 Europe Surfactants Market Size and Forecast, By Application
9.5 Europe Surfactants Market Size and Forecast, By Country
9.5.1 Germany
9.5.2 France
9.5.3 UK
9.54. Rest of Europe
10 Asia Pacific Surfactants Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Surfactants Market Share Analysis, By Product
10.3 Asia Pacific Surfactants Market Size and Forecast, By Application
10.5 Asia Pacific Surfactants Market Size and Forecast, By Country
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4. Rest of Asia Pacific
11 Latin America Surfactants Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Surfactants Market Share Analysis, By Product
11.3 Latin America Surfactants Market Size and Forecast, By Application
11.5 Latin America Surfactants Market Size and Forecast, Country
11.5.1. Brazil
11.5.2. Rest of Latin America
12 Middle East Surfactants Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Surfactants Market Share Analysis, By Product
12.3 Middle East Surfactants Market Size and Forecast, By Application
12.5 Middle East Surfactants Market Size and Forecast, By Country
12.65.1. Saudi Arabia
12.5.2. UAE
12.5.3. Egypt
15.5.4. Kuwait
12.5.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Stepan Company
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Evonik Industries AG
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Solvay
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Clariant
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Ashland Global Holdings Inc.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 The Dow Chemical Company
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 BASF SE
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Nouryon
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Indorama Ventures Public Company Limited
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Kao Corporation
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies