The U.S. Surfactant Market is expected to grow with a CAGR of 4.7% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.
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U.S. surfactant market is a highly consolidated market, including a specific number of key players and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players dealing in the U.S. surfactant market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In January 2022, Dow was awarded by the Business Intelligence Group with multiple 2022 BIG Innovation Awards. This honor is awarded to recognize organizations that bring new ideas to life. Dow also received three awards from the same organization in 2021.
DOW is the dominating player in the market, and the other players are 3M, Nouryon, Evonik Industries AG, BASF SE, Arkema, Solvay, Clariant, Ashland, Kao Corporation, and Croda International Plc, among others.
DOW
DOW is headquartered in Michigan, U.S., as public ownership. It was founded in 1897. The company is engaged in sustaining the future for the world through materials science expertise and collaboration. The company has several business segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings, out of which Industrial Intermediates & Infrastructure is a focused business segment. The company offers Additives and Modifiers, Adhesives and Sealants, Amines and Chelates, Conductive Materials, Elastomers and Plastomers, Emulsions, Fluids, Blends and Dispersions, Foam Control Agents, Gels, Encapsulates and Conformal, Polyurethanes Coatings, Intermediates and Feedstock, Lubricants, Heat Transfer and Deicing Fluids, Monomers, Optical Materials, Plastic Additives, Polyethylene, Release Coatings and Agents, Resins, Binders and Film Formers, Silicones, Silicone-Organic, Hybrids, and Silanes, Solvents, and Glycols, Specialty Polymers and Compounds, Surfactants, Emulsifiers, and Polyglycols, Waxes and Powders out of which Surfactants, Emulsifiers, and Polyglycols are market-focused category. The company has a wide global presence in North America, Latin America, Europe, Asia-Pacific, the Middle East, and Africa. The company has various subsidiaries such as Dow Corning (U.S.), Rohm and Haas (U.S.), Dow AgroSciences (U.S.), Dow Italia s.r.l. (Italy), Dow France SAS. (France) among others.
- In January 2022, Dow was awarded by the Business Intelligence Group with multiple 2022 BIG Innovation Awards. This honor is awarded to recognize organizations that bring new ideas to life. Dow also received three awards from the same organization in 2021.
3M
3M is headquartered in Minnesota, U.S. It was founded in 1902 as public ownership. The company is engaged in applying science in collaborative ways to improve daily lives. The company has several business segments: Safety and Industrial, Transportation and Electronics, Health Care, Consumer, out of which, Transportation and Electronics are focused business segments. The company offers Abrasives, Adhesives, Sealants & Fillers, Advanced Materials, Automotive Parts & Hardware, Building Materials, Cleaning Supplies, Coatings, Communications, Compounds & Polishes, Dental & Orthodontics, Electrical, Electronic Components, Films & Sheeting, Filtration & Separation, Home, Insulation, Lab Supplies & Testing, Labels, Lubricants, Medical, Office Supplies, Personal Protective Equipment, Signage & Marking, Tapes, and Tools & Equipment. The company has a presence in the Americas, Asia-Pacific, Europe, and Middle East & Africa. The company have several subsidiaries, which are Kinetic Concepts Corporation (U.S.), 3M India ltd (India), 3M Japan Ltd (Japan), Ivera Medical Corporation (U.S.), Acelity, Inc. (U.S.), among others.
- In November 2021, 3M was committed to combat climate changes in partnership with United Nations Climate Change (UNFCCC) pavilion. Through its established commitments, global manufacturing footprint, and technology solutions, the company will help drive a positive impact on climate change. The company will intensify the impact further and expand and amplify through connections at COP26 and a new partnership with UNFCCC.
Nouryon
Nouryon is headquartered in Amsterdam, the Netherlands, as private ownership and was founded in 2018. The company manufactures everyday products, such as personal care, cleaning goods, paints and coatings, agriculture and food, pharmaceuticals, and building products. The company offers Bleaching and Oxidizing Chemicals and Technologies, Specialty Polymers, Surfactants, and Chelating Agents, Polymer Production and Processing Chemicals, Specialty Chemicals and Intermediates, out of which Surfactants and Chelating Agents are focused product category. The company has a wide global presence across North America, South America, Europe, and Asia-Pacific. The company has subsidiaries which are Nouryon Chemicals Argentina S.A.U. (Argentina), Nouryon Pulp and Performance Indústria Quimica Bahia Ltda (Brazil), Nouryon Pulp and Performance Canada Inc (Canada), Nouryon Functional Chemicals S.A (Chile), among others.
- In March 2021, Nouryon planned to expand production capacity at its Levasil colloidal silica manufacturing facility in Green Bay, Wisconsin, U.S., to meet increasing demand from the construction and packaging end markets. This expansion helped the organization with the key functionalities and sustainability profiles of other products and manufacturing processes.
