San Francisco, 15 October 2018 , In
2014, the global surfactant market was worth USD 25.60 billion. Development of detergents
market predominantly in Latin America and Asia Pacific as a result of rising
disposable income levels is likely to drive market growth. Moreover, growing
oilfield chemicals demand on account of speedily growing E&P activities in
China and North America is also expected to drive the global surfactants
market.
Surfactants
are used to diminish surface tension between a solid and a liquid or between
two liquids in the form of emulsifiers, wetting agents, foaming agents,
detergents or dispersants. They are used in numerous end-use industries for
instance cosmetics, agrochemicals and pharmaceuticals. Constant progress in
these sectors is projected to assist the major industry participants.
Full Research Report On Surfactant Market Analysis:
Anioinic
surfactants was the largest product type which accounted for over 45% of the
market in 2014. Increasing demand for linear alkyl benzene in cleaners and
detergents on account of profitable characteristics of products led to the high
market share. Amphoteric surfactant type is projected to witness the highest
growth rate, at an estimated CAGR of 4.9% from 2015 to 2022. Amphoteric
surfactants are extensively being used worldwide owing to their various
properties such as conditioning, bio degradability, foaming & foam
stabilization and detergency.
Surfactant
application accounted for the highest market share of over 40% in 2014. Growing
product demand in detergents, household cleaners and soaps accounted for the
huge demand in home care segment. Personal care application is forecasted to
witness the highest growth rate, at an anticipated CAGR of 5.0% from 2015 to
2022. The growing demand for new innovative products such as anti-aging creams
and make-up is expected to drive the demand for personal care application.
Asia Pacific
accounted for over 30% of the global surfactant market in 2014.Increasing
demand for home care and personal care products along with rising awareness
about bio-based products is projected to provide an upper hand over other
regions in the near future.
BASF -
Cognis was the leading company in 2014 contributing over 30%of the total market
share of global surfactants market. Other major companies in the market include
Akzo Nobel, Kao, Stephan, Rhodia, Clariant, Evonik, Croda and Huntsman. The
major industry participants in global surfactants market are developing new
innovative products. In addition, some of the key strategies of the industry
participants include joint ventures, mergers & acquisitions along with
efficient marketing strategies. Media platforms are projected to be utilized on
a large scale for product promotion and differentiation.
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Grand View Research has segmented the
global surfactants market on the basis of product, application and region:
Global
Surfactants Product Outlook (Volume, Kilo Tons; Revenues, USD Million, 2012 -
2022)
·
Cationic surfactant
·
Nonionic surfactant
o
Fatty Al Ethoxylates (AE)
o
Alkyl Phenol Ethoxylates (NPE)
o
Others
·
Anionic surfactant
o
Linear Alkyl Benzene
o
FAI Ether Sulfates
o
Sulfosuccinates
o
Others
·
Amphoteric surfactant
·
Other Surfactants
Global
Surfactants Application Outlook (Volume, Kilo Tons; Revenues, USD Million, 2012
- 2022)
·
Home Care
·
Personal Care
·
Industrial & Institutional Cleaners
·
Food Processing
·
Oilfield Chemicals
·
Agricultural Chemicals
·
Textiles
·
Emulsion Polymerization (Plastics)
·
Paints & Coatings
·
Construction
·
Other Applications
·
Others
Global
Surfactants Regional Outlook (Volume, Kilo Tons; Revenues, USD Million, 2012 -
2022)
·
North America
·
Europe
·
Asia Pacific
·
RoW
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