Press Release

Mar, 04 2024

Positive Outlook towards the Consumption in Food and Beverages Industry is driving the Growth of the Global Surfactant Market

Surfactants are molecules that exhibit both hydrophilic (water-attracting) and hydrophobic (water-repelling) properties. These compounds play a crucial role in reducing surface tension between liquids and solids or liquids and gases. In various industries, surfactants are employed to stabilize emulsions, enhance the wetting and spreading of liquids, and facilitate the removal of dirt or oil from surfaces. Their ability to alter interfacial properties makes surfactants integral in applications ranging from household cleaning products to pharmaceutical formulations and industrial processes. Overall, surfactants contribute to the efficiency and effectiveness of diverse liquid systems by modifying their surface and interfacial characteristics.

Access Full Report @ https://www.databridgemarketresearch.com/pt/reports/global-surfactant-market

Data Bridge Market Research analyzes that the Global Surfactant Market is expected to reach USD 85.59 billion by 2031 from USD 60.70 billion in 2023, growing with a CAGR of 4.4% in the forecast period of 2024 to 2031.

Key Findings of the Study

Surfactant Market

Rising Demand for Surfactants in Personal Care and Hygienic Products

In the beauty and personal care industry, surfactants have varied applications such as foaming, cleansing, thickening, solubilizing, antimicrobial effects, penetration enhancement, and many other special effects. Their compatibility with oil and water is a key attribute of surfactant molecules that make them highly useful as cosmetic ingredients. The increasing trend towards bio-surfactants for use in personal care products is expected to help in growth in the overall beauty and personal care surfactant market.

The increasing application of surfactants in-home care is expected to impact the market positively. The increasing consumer consciousness toward hygiene owing to the spread of various diseases and viruses has aided the expansion of the market with products in home care, which includes sanitizers, detergents, cleaning products, shampoo, hand wash, and others. The heavy demand for such products is expected to support the development of the market. Thus, the rising demand for surfactants is driving market growth.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion and Volume in Kilo Tons

Segments Covered

Type (Anionic Surfactants, Non-Ionic Surfactants, Cationic Surfactants, Amphoteric Surfactants, Silicone Surfactants, and Others), Substrate (Synthetic Surfactants and Bio-Based Surfactants), Application (Household Soaps and Detergents, Personal Care, Textile Processing, Industrial and Institutional Cleaning, Mining, Pharmaceuticals, Paints & Coatings, Oilfield Chemicals, Food Processing, Agricultural Chemicals, Pulp & Paper, Leather Manufacturing, Emulsion Polymerization, Foaming Agents, Lubricants and Fuel Additives, Plastics and Elastomers, Adhesives, Electroplating, and Others)

Countries Covered

U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Denmark, Sweden, Poland, Norway, Finland, Netherlands, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Australia, New Zealand, Singapore, Philippines, Vietnam, Taiwan, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, South Africa, U.A.E., Egypt, Qatar, Kuwait, Oman, Bahrain, and Rest of Middle East and Africa

Market Players Covered

Dow (U.S.), BASF SE (Germany), Sasol Ltd. (South Africa), Evonik Industries AG (Germany), KLK OLEO (Malaysia), Indorama Ventures Public Company Limited (Thailand), Kao Corporation (Japan), Reliance Industries Limited (India), Arkema (France), Godrej Industries Limited (India), Cargill, Incorporated (U.S.), CLARIANT (Switzerland), China Petrochemical Corporation (China), Stepan Company (U.S.), Lion Corporation (Japan), Aarti Industries Ltd. (India), ADEKA CORPORATION (Japan), Nouryon (Netherlands), The Lubrizol Corporation (U.S.), Lonza (Switzerland), SABIC (Saudi Arabia), Sumitomo Chemical Co., Ltd. (Japan), Cepsa (Spain), Bayer AG (Germany), SANYO CHEMICAL INDUSTRIES, LTD. (Japan), Croda International Plc (U.K.), Zanyu Technology Group (China), Ashland (U.S.), GALAXY (India), EOC Group (Belgium), Lankem (U.K.), DKS Co. Ltd. (Japan), STOCKMEIER Group (Germany), Vantage Leuna GmbH (Germany), TAIWAN NJC CORPORATION (Taiwan), SulfaTrade SA (Argentina), 3M (U.S.), Pilot Chemical Corp. (U.S.), GEO (U.S.), FoglaGroup (India), Goulston (U.S.), Syensqo (Belgium), TENSAC (Argentina), ABITEC (U.S.), and Matangi Industries (India) among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis

The global surfactant market is segmented into three notable segments based on type, substrate, and application.

  • On the basis of type, the global surfactant market is segmented into anionic surfactants, non-ionic surfactants, cationic surfactants, Amphoteric Surfactants silicone surfactants, and others.

In 2024, the anionic surfactants segment is expected to dominate the global surfactant market

In 2024, the anionic surfactants segment is expected to dominate the market with a market share of 38.76% because of their superior cleaning ability, affordability, and widespread use in household and industrial cleaning product.

  • On the basis of substrate, the global surfactant market is segmented into synthetic surfactants and bio-based surfactants

In 2024, the synthetic surfactants segment is expected to dominate the global surfactant market

In 2024, the synthetic surfactants segment is expected to dominate the market with a 50.29% market share as they are engineered to have specific properties, making them suitable for a wide range of applications in industries such as cleaning, personal care, and agriculture.

  • On the basis of application, the global surfactant market is segmented into household soaps and detergents, personal care, textile processing, industrial and institutional cleaning, mining, pharmaceuticals, paints & coatings, oilfield chemicals, food processing, agricultural chemicals, pulp & paper, leather manufacturing, emulstion polymerization, foaming agents, lubricants and fuel additives, plastics and elastomers, adhesives, electroplating, and others. In 2024, the household soaps and detergents segment is expected to dominate the global surfactant market with a 39.30% market share

Major Players

Data Bridge Market Research analyzes Dow (U.S.), BASF SE (Germany), Sasol Ltd. (South Africa), Evonik Industries AG (Germany), and KLK OLEO (Malaysia) as the major players in the global surfactant market.

Surfactant Market

Market Developments

  • In January 2024, Evonik Industries AG won the European Responsible Care Award for their sustainable glycolipid biosurfactants. Evonik received the "Safe and Sustainable Chemicals" award for its revolutionary glycolipid technology. Evonik offers a well-established range of glycolipid biosurfactants and was the first to respond to the growing market need for commercial quantities of sustainable, high-performance rhamnolipid biosurfactants
  • In January 2022, Dow was recognized by the Business Intelligence Group with multiple 2022 BIG Innovation Awards. This honor is awarded to organizations and people who bring new ideas, big or small, to life. Dow also received three awards from the same organization in 2021
  • In October 2023, Sasol Chemicals, a business unit of Sasol Ltd., announced the launch of CARINEX and LIVINEX, two brands that will broaden Sasol's sustainable product portfolio. CARINEX SL and LIVINEX SL, both biosurfactants, are the first products available under these new trademarks
  • In October 2023, Ashland introduced the Easy-Wet substrate wetting agents, a new class of silicone-free, high-performance oligomeric alkyl polyether polyols designed for premium industrial coating applications. This enables the firm to produce game-changing innovations for the coating sector
  • In January 2023, Holiferm Limited and Sasol Chemicals, a commercial company of Sasol Ltd, established a cooperation to develop and market rhamnolipids and mannosylerythritol lipids (MELs). This agreement builds on the partnership established by the two firms in March 2022 to develop and commercialize another biosurfactant product, sophorolipids. Sasol and Holiferm will create and commercialise formulations and uses for the novel compounds

Geographical Analysis

Geographically, the countries covered in the global surfactant market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Denmark, Sweden, Poland, Norway, Finland, Netherlands, rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Australia, New Zealand, Singapore, Philippines, Vietnam, Taiwan, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, South Africa, U.A.E., Egypt, Qatar, Kuwait, Oman, Bahrain, and rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

Asia-Pacific is estimated to be the dominant and fastest-growing region in the Global Surfactant Market

Asia-Pacific is expected to dominate the market due to its competitive advantage in production efficiency and cost-effectiveness. Also, the region is expected to grow due to the rising demand for surfactants in personal care and hygienic products.

For more detailed information about the global surfactant market report, click here – https://www.databridgemarketresearch.com/pt/reports/global-surfactant-market


Client Testimonials