The global surfactants market is expected to reach USD 46.20 billion by
2022, according to a new report by Grand View Research, Inc. Growth of personal
care industry particularly in Asia Pacific, Latin America and Middle East is
expected to remain a key driving factor for the global market. Growing demand
for oilfield chemicals owing increasing drilling activities for unconventional
energy in the U.S. and China is also expected to have a positive influence on
the market growth. Volatile raw material prices and stringent environmental
regulations is expected to pose challenge to growth prospects. Increasing
penetration of biosurfactants is expected to create new avenues for industry
participants.
Anionic surfactant was the leading product
segment with demand share exceeding 45% in 2014. The growth may be attributed
to growing linear alkyl benzene (LAB) demand used for cleaning and personal
care products. Amphoteric surfactants are expected to witness the highest
growth of 6.0% from 2015 to 2022.
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/surfactants-market
Further key findings from the report
suggest:
- Global surfactants market demand was 15.93 million tons in 2014 and is expected to reach 24.19 million tons by 2022, growing at a CAGR of 5.4% from 2015 to 2022.
- Home care application segment accounted for more than 40% of total market in 2014. Increasing disposable income level in BRIC economies is expected to drive this segment over the forecast period. Personal care is expected to witness the highest growth of 6.3% from 2015 to 2022.
- Asia Pacific emerged as the leading surfactants consumer and accounted for 32.5% of total market volume in 2014. Growing demand for personal care products and paints & coatings in China, India, Indonesia and Vietnam is expected to drive the regional growth.
- Developed markets of Europe and North America are characterized by growing consumer awareness regarding benefits offered by biosurfactants. Favorable government policies coupled with stringent regulations for synthetic surfactants are expected to spur growth of biosurfactants in these regions.
- Key industry participants operating in the global surfactants market include BASF, Akzo Nobel, Kao Corporation, Stepan Company, Rhodia, Clariant, Evonik Industries, Croda International and Huntsman Corporation.
Browse All Reports of
this category @ http://www.grandviewresearch.com/industry/personal-care-and-cosmetics
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
- Fatty Al Ethoxylates (AE)
- Alkyl Phenol Ethoxylates (NPE)
- Others
- Anionic surfactant
- Linear Alkyl Benzene
- FAI Ether Sulfates
- Sulfosuccinates
- Others
- Amphoteric surfactant
- Other Surfactants
- Home Care
- Personal Care
- Industrial & Institutional Cleaners
- Food Processing
- Oilfield Chemicals
- Agricultural Chemicals
- Textiles
- Emulsion Polymerization (Plastics)
- Paints & Coatings
- Construction
- Other Applications
- Others
- North America
- Europe
- Asia Pacific
- RoW
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
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James
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Grand
View Research, Inc.
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Phone: 1-415-349-0058
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Email: sales@grandviewresearch.com
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