Polymeric Surfactants Market is Driven by Growth of End-Use Industries Including Oil & Gas, Detergent and Personal Care
Global Polymeric Surfactant Market Information- By Type (Synthetic, Natural),By Configuration(Block, Graft), By Application (Oilfield Chemicals, Ceramics And Detergent, Emulsions, Dyestuffs, Paper Coating, Inks and others), By End Use Industry and By Region- Forecast Till 2023
Pune, India – October 4, 2017 /MarketersMedia/ —
Polymeric Surfactants or surface active polymers are produced with the combination of one or more macromolecular structure which possess hydrophilic and lipophilic monomer unit. Block and Graft are the two main configurations of polymeric surfactant. Orientation of hydrophilic and lipophilic monomer results in the desired graft or block type polymeric surfactant. In pharmaceuticals industry, polymeric surfactant is used in the formation of biodegradable nanoparticles used in targeted drug delivery. It is used to stabilize nano-emulsions in cosmetic and personal care industry due to its stabilizing properties. Continuous progress in these sectors has encouraged the polymeric surfactant manufactures to spend more on the R&D innovations.
On the basis of region, Polymeric Surfactant Market segmentation includes the current and estimated demand of dispersants, wetting agents, and resins in emulsion polymerization in North America, Europe, APAC, Latin America and Middle East& Africa. Regionally, Asia Pacific is the fastest growing region owing to the rising demand from personal care and home care products. Polymeric Surfactant is growing at a significant rate and ongoing enhanced oil recovery projects in India and China are expected to drive the market in Asia Pacific region.
Market Overview:
Polymeric Surfactants are used in a large variety of applications such as dispersants, wetting agents, foam boosters, emulsifiers, and others. Moreover, major application of polymeric surfactant includes preparation of oil in water (O/W) and water in oil (W/O) emulsions as well as solid liquid dispersion. They are used in various end-use industries such as oil & gas, agrochemicals, paints & coatings, pharmaceuticals, and others. Moreover, due to the capability of formation of biodegradable nanoparticles, they have wide application in pharmaceutical industry.
On the basis of geography, Asia Pacific region is expected to witness high growth rate as compared to developed regions such as North America and Europe. Improvement in oil recovery with the use of polymeric surfactant in enhanced oil recovery process is expected to propel the growth of market in Asia Pacific region. Huge investment in the ongoing R&D projects by the manufacturers and strong acceptance within the end use industries is set to positively influence polymeric surfactants demand.
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Market Segmentation:
Polymeric Surfactant is segmented on the basis of type, configuration, application and end-use. On the basis of type, the market is bifurcated into synthetic and natural. Natural polymeric surfactants are further divided into two types such as globular and fibrilar. Whereas, synthetic surfactants are categorized into homopolymers and block polymers. Key homopolymers include polyvinyl alcohol (PVA), modified polysaccharides and one of the major block polymer is synperonics. Bovine serum albumin (BSA) and Blactoglobulin (BLG) comes under natural polymers. In order to prevent flocculation and crystal growth of nanocrystalline particle, polymeric surfactants are widely used in pharmaceutical applications. They produce a viscoelastic film during the emulsification process, thus making it suitable for use in cosmetic industry. It further plays a vital role in the formulation of paints & coatings and is also used as a stabilizing dispersion. In agrochemical industry, it is extensively utilized for formulation of varied agrochemicals including suspension concentrates (SCs), emulsion concentrate (EWs), suspoemulsion (mixture of suspension and emulsion), and oil based formulations. Naturally occurring polymeric surfactants like proteins and gums are widely used as emulsifiers for various food products as well as beverages.
Regional Analysis:
Asia Pacific emerged as the leading regional market of Polymeric Surfactant due to its wide utilization in oil & gas sector. The rising investments in oil & gas sector coupled with strong growth in Enhanced Oil Recovery (EOR) is driving regional market growth at a significant rate. Polymeric surfactants helps in improving EOR process by providing increase in water viscosity and decrease in interfacial tension, thus benefitting the overall process.
North America and Europe regions are characterized by presence of upgraded technological environment, thus increasing the farm operations and reduced operational cost in agricultural industry. Also, the demand in the maximum utilization of arable land in producing crops to meet the requirement of growing population is rising day by day. These factors are anticipated to drive demand for Polymeric Surfactants in the Middle East & Africa regions.
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Competitive analysis:
Key industry participants for Global Polymeric Surfactant include Kao Corporation (Japan), BASF SE (Germany) ,Huntsman International LLC (USA), Akzo Nobel N.V (Netherlands), Evonik Industries AG (Germany), Croda International Plc (UK), Stepan Company (USA), DAI-ICHI (Japan), Unitop Chemicals Pvt. Ltd (India), Dow Chemical Company (U.S.) and others.
Key Points from Table of Contents:
13. Company Profiles
13.1 KAO Corporation
13.1.1 Company Overview
13.1.2 Product/Business Segment Overview
13.1.3 Financial Updates
13.1.4 Key Developments
13.2 BASF SE
13.2.1 Company Overview
13.2.2 Product/Business Segment Overview
13.2.3 Financial Updates
13.2.4 Key Developments
13.3 Huntsman International LLC
13.3.1 Company Overview
13.3.2 Product/Business Segment Overview
13.3.3 Financial Updates
13.3.4 Key Developments
13.4 Akzo Nobel N.V
13.4.1 Company Overview
13.4.2 Product/Business Segment Overview
13.4.3 Financial Updates
13.4.4 Key Developments
13.5 Evonik Industries AG
13.5.1 Company Overview
13.5.2 Product/Business Segment Overview
13.5.3 Financial Updates
13.5.4 Key Developments
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