Surfactants Market size to grow by USD 13.6 billion from 2022 to 2027, Growing demand for personal care products to drive market growth - Technavio
NEW YORK, April 25, 2023 /PRNewswire/ -- The surfactants market size is expected to grow by USD 13.6 billion from 2022 to 2027. The market is estimated to progress at a CAGR of 5.6% during the forecast period, according to the latest research report from Technavio. The growing demand for personal care products drives the market, although factors such as the high manufacturing cost of bio-based surfactants impede the market growth. Make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View a Sample Report!
The surfactants market covers the following areas:
Surfactants Market Sizing
Surfactants Market Forecast
Surfactants Market Analysis
Surfactants Market - Vendor Landscape
The global surfactants market is highly fragmented with the presence of several global and regional vendors. Global vendors established a strong footprint in diversified geographies around the world. They mainly focus on developing high-quality, innovative products for surfactants.
Companies Mentioned
Abitec
Arkema Group
BASF SE
Bo International
Clariant International Ltd.
Croda International Plc
Evonik Industries AG
Galaxy Surfactants Ltd.
Indorama Ventures Public Co. Ltd.
Innospec Inc.
Jiangsu WanQi Biotechnology Co. Ltd.
Kao Corp.
Kensing LLC
KLK Oleo
Lonza Group Ltd.
NutraSkin USA
Pacmoore Products Inc.
PCC Rokita SA
Sirius International BV
Solvay SA
Stepan Co.
What's New? -
Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
Global competitiveness and key competitor positions
Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy Now!
Vendor Offerings
Abitec - The company offers Acconon surfactants, which are designed to improve the bioavailability of poorly water-soluble drugs by direct solubilization.
Arkema Group - The company offers a wide comprehensive range of surfactants and specialty polyols, which are designed for applications related to mining, crop nutrition, infrastructure, and oil field chemicals.
BASF SE - The company offers a broad range of surfactants, co-surfactants, and solvents that are designed to address a large variety of field conditions, thus helping improve the robustness of the chemical slug to minimize performance changes due to compositional variation during the flood.
For market's vendor landscape highlights with a comprehensive list of vendors and their offerings - View a Sample
Surfactants Market - Key Market Segmentation
This report extensively covers market segmentation by product (anionic, non-ionic, cationic, and amphoteric), application (detergents, industrial and institutional cleaning, food processing, personal care, and others), type (synthetic and bio-based), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
The market share growth by the anionic segment will be significant for the market growth during the forecast period. A key factor for the growth is the growing demand for anionic surfactants such as linear alkyl benzene in cleaners and detergents. Owing to their better cleaning properties, anionic-type surfactants are one of the most widely used surfactants in dishwashing liquids, laundering, and shampoos. The hard ions, such as magnesium and calcium in the water can lead to the deactivation of anionic surfactants. To prevent this, other ingredients, such as calcium or magnesium sequestrants, are added to avoid the reaction of surfactants with hard water ions. Hence, such factors are expected to fuel the growth of the anionic product in the global market and drive its growth during the forecast period.
View a Sample Report for more highlights of the market segments.
Regional Market Outlook
APAC is estimated to account for 42% of the global market growth during the forecast period. The growth can be attributed to the growing demand for surfactants from various applications such as detergents, personal care, food processing, and others. Factors such as the growing population and increase in disposable income in the region are expected to increase the demand for surfactants. The growing demand for industrial cleaning to avoid cross-contamination, growth in the food manufacturers across the region, and increasing demand for handwash from residential as well as commercial users to reduce the spread of infectious diseases are some of the major factors fueling the growth of the regional market in APAC during the pandemic. Hence, such factors are expected to drive market growth in the region.
For more key highlights on the regional market share of most of the above-mentioned countries - View a Sample Report
What are the key data covered in this Surfactants Market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the surfactants market between 2023 and 2027
Precise estimation of the size of the surfactants market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the surfactants market across North America, Europe, APAC, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of the surfactants market vendors
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Related Reports:
The natural surfactants market is estimated to grow at a CAGR of 4.84% between 2022 and 2027. The size of the market is forecasted to increase by USD 3,201.64 million. This report extensively covers market segmentation by type (synthetic surfactants and bio-based surfactants), application (detergents, personal care, industrial cleaning, oilfield chemicals, and others), and geography (Europe, North America, APAC, South America, and Middle East and Africa). The increasing generation of industrial waste is notably driving the natural surfactants market growth.
The amphoteric surfactant market size is expected to increase by USD 1.65 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.87%. Furthermore, this report extensively covers market segmentation by application (personal care, home care and industrial cleaning, agrochemicals, and others) and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The rising demand for personal care products is notably driving the amphoteric surfactant market growth.
Surfactants Market Scope | |
Report Coverage | Details |
Base year | 2022 |
Historic period | 2017-2021 |
Forecast period | 2023-2027 |
Growth momentum & CAGR | Accelerate at a CAGR of 5.6% |
Market growth 2023-2027 | USD 13.6 billion |
Market structure | Fragmented |
YoY growth 2022-2023(%) | 4.81 |
Regional analysis | APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution | APAC at 42% |
Key countries | US, Canada, China, Japan, and Germany |
Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled | Abitec, Arkema Group, BASF SE, Bo International, Clariant International Ltd., Croda International Plc, Evonik Industries AG, Galaxy Surfactants Ltd., Indorama Ventures Public Co. Ltd., Innospec Inc., Jiangsu WanQi Biotechnology Co. Ltd., Kao Corp., Kensing LLC, KLK Oleo, Lonza Group Ltd., NutraSkin USA, Pacmoore Products Inc., PCC Rokita SA, Sirius International BV, Solvay SA, and Stepan Co. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Key Topics Covered:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global surfactants market 2017 - 2021
4.2 Product Segment Analysis 2017 - 2021
4.3 Application Segment Analysis 2017 - 2021
4.4 Type Segment Analysis 2017 - 2021
4.5 Geography Segment Analysis 2017 - 2021
4.6 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Product
6.1 Market segments
6.2 Comparison by Product
6.3 Anionic - Market size and forecast 2022-2027
6.4 Non-ionic - Market size and forecast 2022-2027
6.5 Cationic - Market size and forecast 2022-2027
6.6 Amphoteric - Market size and forecast 2022-2027
6.7 Market opportunity by Product
7 Market Segmentation by Application
7.1 Market segments
7.2 Comparison by Application
7.3 Detergents - Market size and forecast 2022-2027
7.4 Industrial and institutional cleaning - Market size and forecast 2022-2027
7.5 Food processing - Market size and forecast 2022-2027
7.6 Personal care - Market size and forecast 2022-2027
7.7 Others - Market size and forecast 2022-2027
7.8 Market opportunity by Application
8 Market Segmentation by Type
8.1 Market segments
8.2 Comparison by Type
8.3 Synthetic - Market size and forecast 2022-2027
8.4 Bio-based - Market size and forecast 2022-2027
8.5 Market opportunity by Type
9 Customer Landscape
9.1 Customer landscape overview
10 Geographic Landscape
10.1 Geographic segmentation
10.2 Geographic comparison
10.3 APAC - Market size and forecast 2022-2027
10.4 North America - Market size and forecast 2022-2027
10.5 Europe - Market size and forecast 2022-2027
10.6 South America - Market size and forecast 2022-2027
10.7 Middle East and Africa - Market size and forecast 2022-2027
10.8 US - Market size and forecast 2022-2027
10.9 China - Market size and forecast 2022-2027
10.10 Germany - Market size and forecast 2022-2027
10.11 Japan - Market size and forecast 2022-2027
10.12 Canada - Market size and forecast 2022-2027
10.13 Market opportunity by geography
11 Drivers, Challenges, and Trends
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
11.4 Market trends
12 Vendor Landscape
12.1 Overview
12.2 Vendor landscape
12.3 Landscape disruption
12.4 Industry risks
13 Vendor Analysis
13.1 Vendors covered
13.2 Market positioning of vendors
13.3 Abitec
13.4 Arkema Group
13.5 BASF SE
13.6 Clariant International Ltd.
13.7 Croda International Plc
13.8 Evonik Industries AG
13.9 Galaxy Surfactants Ltd.
13.10 Indorama Ventures Public Co. Ltd.
13.11 Innospec Inc.
13.12 Jiangsu WanQi Biotechnology Co. Ltd.
13.13 Kao Corp.
13.14 Kensing LLC
13.15 KLK Oleo
13.16 NutraSkin USA
13.17 Pacmoore Products Inc.
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
14.3 Currency conversion rates for US$
14.4 Research methodology
14.5 List of abbreviations
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