According to the report by Expert Market Research (EMR), the Global Surfactants Market Size is projected to grow at a CAGR of 5.20% between 2023 and 2028. Aided by the diverse applications of surfactants across multiple industries and the increasing demand for bio-based surfactants, the market is expected to grow significantly by 2028.
Surfactants, or surface-active agents, are organic compounds that possess both hydrophilic and lipophilic properties. This unique characteristic allows them to lower the surface tension of liquids, facilitate the mixing of oil and water, and increase the wetting properties of a liquid. They are commonly used in detergents, cosmetics, pharmaceuticals, agrochemicals, and food processing, among other applications.
The rising demand for surfactants in the detergent and cleaning industry is a significant factor driving the global surfactants market growth. As hygiene and cleanliness become paramount due to rising health awareness among consumers, the consumption of cleaning products has surged, boosting the demand for surfactants. They form a critical ingredient in these products due to their excellent emulsifying, foaming, and dispersing properties.
The growth of the cosmetics and personal care industry is another factor contributing to the rise of the market. Surfactants are extensively used in this industry due to their emollient, solubiliser, and conditioning properties. They find applications in a wide array of products like shampoos, conditioners, body washes, and creams, among others. The escalating demand for such products, especially from the emerging economies, is further driving the growth of this market.
In addition, the expanding applications of surfactants in other sectors, such as agriculture, textiles, and oil and gas, is fuelling the surfactants market expansion. In the agriculture sector, surfactants are used as spreading and wetting agents, enhancing the effectiveness of pesticides and fertilisers. In the oil and gas industry, surfactants are critical for oil recovery processes. They reduce the interfacial tension between oil and water, facilitating the extraction of oil from reservoirs.
The surfactants market growth is also underpinned by the increasing demand for bio-based surfactants. As environmental sustainability becomes a global concern, there is a growing trend towards the use of green and bio-degradable products. This has led to an increase in the demand for bio-based or natural surfactants, which are derived from plant or animal sources, instead of synthetic ones.
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Surfactants Market Segmentation
The market can be divided based on type, end use, and region.
Market Breakup by Type
• Cationic Surfactants
• Anionic Surfactants
o Linear Alkyl Benzene
o Fatty Alcohol Ether Sulphate
o Fatty Alcohol Sulphate
o Others
• Non-ionic Surfactants
o Fatty Alcohol Ethoxylate
o Alkyl Phenol Ethoxylate
o Others
• Amphoteric Surfactants
• Others
Market Breakup by End Use
• Household Detergents
• Personal Care
• Institutional and Industrial Cleaners
• Food Processing
• Plastics
• Paints and Coatings
• Oilfield Chemicals
• Agricultural Chemicals
• Adhesives
• Textile
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global surfactants companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• BASF SE
• Clariant AG
• Croda International Plc
• Dow Inc.
• Indorama Ventures Public Company Limited.
• Kao Corporation
• Lonza Group AG
• Evonik Industries AG
• Others
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