Global Surfactants Market Grow With a Healthy CAGR of 5.38% through to 2025
The global surfactants market size was around $35.426 billion in 2018. Moreover, it is estimated to grow with a CAGR of 5.38% during the forecast period of 2019 to 2025.
Hyderbad, india – August 1, 2019 /MarketersMedia/ —
Global Surfactants Market: Demand Analysis and Growth Forecast
Surfactants are organic compounds that lower the surface tension between different states of matter including solid, liquid, and gas. Surfactants are used in detergents, wetting agents, emulsifier, foaming agents, and dispersants. It is used in the process of emulsification and flocculation due to its high absorption rate in the chemical and textile industries. It is also used in personal care products such as conditioners, anti-aging cream, and cleansers.
As per the findings of a newly published market research report by IndustryARC, the global surfactants market size was around $35.426 billion in 2018. Moreover, it is estimated to grow with a CAGR of 5.38% during the forecast period of 2019 to 2015. The report is titled Surfactants Market: By Type (Anionic, Non-Ionic, Cationic, Amphoteric & Others); By Application (Personal Care, Food & Beverages, Oilfield Chemicals, Agriculture, Textile & Others); & By Geography – Forecast(2019 – 2025),” details Surfactants Market size by Type and applications, Surfactants Market share by top 5 companies and also market share by start-ups during the forecast period.
According to the Organization of the Petroleum Exporting Countries, the global biomass demand was valued to be 28.0 Mb/d in 2015, and due to the population growth and the increase in the number of organic product foreseen in the future, the demand for biomass is estimated to grow with an annual rate of 1.2% pa through to 2040 which translates to the requirement of a whopping 37.3 Mb/d in 2040. Biomass is foreseen as the next revolution in the surfactants marketplace.
View Full Table of Contents of Surfactants Market:
https://www.industryarc.com/Report/15201/surfactants-market.html
Report Price (Single User): US $3850
Global Surfactants Market: Leading Segments
The analyst of IndustryARC report highlights that APAC dominated the demand with a regional share of more than 37% in 2018. Furthermore, the detergent is the leading application segment with a CAGR of 2.5% during the aforementioned forecast period. Increasing disposable income is stroking the personal care industry as well as the demand for pharmaceuticals and oilfield chemicals. These trends are evident mostly in the APAC region and reflecting positively over the surfactants market both in terms of production and demand.
There is a lot of investment influx into the surfactants market too. In a report, the Indian Government anticipated the growth of synthetic detergents to be 17.36% in 2018 with a production of 364 tonnes of detergent intermediates. In a report by WHO, the western Pacific region observed total pharmaceutical expenditure to be $288.1 in 2017 in China. Also, the total pharmaceutical expenditure in Indonesia was valued to be $103.9 as of 2017.
Global Surfactants Market Trends
Eco-friendly feedstock to produce surfactant is necessary to lessen the environmental influence of surfactant production and use in industry.
Surfactant and detergents industry is inclining towards the use of natural-based chemicals to develop new products.
Non-ionic surfactants have the greatest use in industry because of their simple production process from different raw material and relatively inexpensive price.
The outpouring in petrochemical plants in countries including China, India, Japan, and South Korea contributes to the surfactants market growth as it creates easy accessibility of raw materials.
The harmful effects and increasingly stringent regulations of biodegradability from the government have triggered the interest of consumers and use of bio-based surfactants such as sugar surfactants which continue to gain surfactants market share.
Surfactants additives used in paints to improve the shelf life and mechanical stability of the product.
Talk to one of our sales representative about the full report by providing your details in the link below:
https://www.industryarc.com/support.php?id=15201
Global Surfactants Market Competitive Landscape
Some of the key companies identified in the report that are currently holding majority shares in the global surfactants market are BASF SE, The Dow Chemical Company, Stepan Company, Evonik Industries AG,Kao Corporation, The Proctor & Gamble Company, Clariant, Lion Specialty Chemicals Co, Ltd., Solvay S.A., and Huntsman Corporation.
Related Articles
A. Peru Surfactants Market
https://www.industryarc.com/Report/18954/peru-surfactants-market
B. Silicone Surfactants Market
https://www.industryarc.com/Research/Silicone-Surfactants-Market-Research-500042
About IndustryARC:
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.
Contact Info:
Name: Venkat Reddy
Email: Send Email
Organization: IndustryARC
Phone: +1-614-588-8538
Website: https://www.industryarc.com/Domain/4/chemicals-materials-market-research.html
Source: MarketersMedia
Release ID: 88903015
Copyright © 1999-2013 SproutNews.com
