USD 39.99 billion
Report ID: SQMIG15A2077 | Region: Global | Published Date: October, 2022 | Pages: 157 | Tables: 95 | Figures: 76
Global Surfactants Market size was valued at USD 39.99 billion in 2021 and is poised to grow from USD 41.84 billion in 2022 to USD 59.95 billion by 2030, growing at a CAGR of 4.6% in the forecast period (2023-2030).
Surfactants are chemicals that are employed in several cleaning solutions due to their ability to lower water surface tension, essentially making the molecules slipperier, making them less likely to stick together and more likely to interact with oil and grease. The surfactants market is projected to grow considerably due to factors such as cheap pricing, the simple availability of surfactants, and a wide range of applications. In addition, the increasing usage of surfactants in household detergents is projected to drive the surfactants market ahead over the forecast period.
During the forecast period, the demand factors are likely to be hindered by raw material price volatility and environmental concerns regarding surfactants. On the other hand, the ongoing developments in the personal care sector and the use of surfactants in neonatal respiratory distress syndrome are likely to generate a niche demand for future market growth
US Surfactants Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 39.99 billion
Largest Segment
Home Care
Fastest Growth
Personal Care
Growth Rate
4.6% CAGR
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The global surfactants market is segmented based on type, application, origin, and region. Based on type, the market is segmented into anionic surfactants, non-ionic surfactants, cationic surfactants, and amphoteric surfactants. based on application it is categorized into home care, personal care, industrial & institutional cleaning, oilfield chemicals, food & beverage, agrochemicals, textiles, elastomers & plastics. Based on origin it is segmented into synthetic surfactants, bio-based surfactants. Based on the region it is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Surfactants Market Analysis by Application
In 2022, the home care application led the surfactants market. Surfactants are found in a variety of goods, including dishwashing detergents, laundry detergents, laundry, and dishwashing soaps, carpet cleaners, and floor cleaners. They are also used in household cleaning solutions to remove oil, grime, and other undesirable particles from textiles, dishes, and other surfaces.
Regional Insights
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Surfactants Market Driver
Growing Demand for Numerous applications and Rise in Consumption to Boost the Market Growth
Surfactants Market Restraint
Fluctuating costs of raw material and effects of surfactants on environment to impede the market growth
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AkzoNobel N.V., Clariant AG, BASF SE, Kao Corporation, and others are key companies in the business. Companies highlighted are active in capacity expansion, new product development, acquisition, and joint venture, acquiring a worldwide competitive advantage
Surfactants Market Top Player's Company Profiles
Surfactants Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to the global surfactants market report analysis, the increased demand for the product from numerous applications such as home care, textiles, and food & beverage will drive the worldwide market forward. Home care application is one of the primary reasons driving the market, owing to increased consumer hygiene concerns. The product provides great infection prevention and prevents illness transmission. Rising demand for sanitizers, detergents, cleaning products, shampoo, and hand soap will drive market expansion.
Report Metric | Details |
---|---|
Market size value in 2021 | USD 39.99 billion |
Market size value in 2030 | USD 41.84 billion |
Growth Rate | 4.6% |
Base year | 2021 |
Forecast period | 2023-2030 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Surfactants Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Surfactants Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Surfactants Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Surfactants Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Product ID: SQMIG15A2077