Global Specialty Surfactants Market, By Origin (Synthetic Surfactants, Bio-Based Surfactants), Type (Anionic Surfactants, Cationic Surfactants, Non-Ionic Surfactants, Amphoteric Surfactants, Silicone Surfactants, Other Types), End-Use Industry (Household Soap and Detergent, Personal Care, Lubricants and Fuel Additives, Industry and Institutional Cleaning, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textile Processing, Others), Application (Wetting Agents, Emulsifiers, Dispersants, Foaming Agents, Stabilizers, Others) – Industry Trends and Forecast to 2029.
Specialty surfactants Market Analysis and Size
The market growth is increasing due to growing demand from end-use industries such as household soap and detergent, personal care, lubricants and fuel additives, industry and institutional cleaning, food processing, oilfield chemicals, and others. The main function of specialty surfactant in household detergents and soaps as a cleansing agent. Moreover, due to the viscosity and foaming properties of specialty surfactant, they are progressively gaining popularity in several applications.
Data Bridge Market Research analyses that the specialty surfactants market was valued at USD 31.78 billion in 2021 and is expected to reach USD 37.53 billion by 2029, registering a CAGR of 2.10% during the forecast period of 2022 to 2029. 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.
Specialty surfactants Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Origin (Synthetic Surfactants, Bio-Based Surfactants), Type (Anionic Surfactants, Cationic Surfactants, Non-Ionic Surfactants, Amphoteric Surfactants, Silicone Surfactants, Other Types), End-Use Industry (Household Soap and Detergent, Personal Care, Lubricants and Fuel Additives, Industry and Institutional Cleaning, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textile Processing, Others), Application (Wetting Agents, Emulsifiers, Dispersants, Foaming Agents, Stabilizers, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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3M (U.S.), Akzo Nobel N.V. (Netherlands), Arkema (France), Ashland Inc. (U.S.), BASF SE (Germany), Clariant (Switzerland), Croda International Plc (U.K.), Dow (U.S.), ELEMENTIS PLC (U.K.), Emery Oleochemicals (U.S.), Evonik Industries AG (Germany), Godrej Industries Limited (India), Huntsman International LLC (U.S.), Innospec (U.S.), Kao Corporation (Japan), KLK OLEO. (Malaysia), Lonza (Switzerland), MITSUI & CO., LTD. (Japan), Sasol (South Africa), Solvay (Belgium), Stepan Company (U.S.), Sumitomo Corporation (Japan)
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Market Opportunities
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Market Definition
Specialty surfactants are surface-active agents which is used in wetting, cleaning, dispersing, emulsifying and foaming. Surface-active agents are produced by using two basic methods, such as synthetic and oleo chemical. Synthetic surfactants are derived from basic petrochemical feedstock, such as benzene and ethylene. Oleo chemicals are derived from natural vegetable oils, such as seed oils of coconut and palm.
Global Specialty surfactants Market Dynamics
Drivers
- Growing demand of household cleaning detergents
Household cleaning detergents hold the largest market share among other end user industries. The household detergent trade includes prespotters, carpet cleaners, laundry detergents, dishwasher detergents, and fabric softeners. Surface-active agents are widely used for wetting surfaces in dishwasher detergents, which help remove soil. The rising demand of household cleaning detergents is anticipated to boost the growth rate of the global specialty surfactants market.
- Rising demand of specialty surfactants in agrochemical sector
Specialty surfactants are also used in the agriculture industry on large scale. The applications include of additives mainly pesticides such as insecticides, herbicides and fungicides. Also, surface-active agents such as ‘glycine technical grade’ are increasingly used in the agricultural practices. ‘glycine technical grade’ aids in chemical synthesis and delivers mineral complexing sites for optimum absorption in agricultural applications, making it the best choice for farmers and the industrial sector.
Opportunities
- Increasing demand of specialty surfactants in food processing
The food processing market is the crucial market of specialty surfactants. The surface-active agent provides multi functionality properties for food additives such as emulsifiers, wetting agents, dispersants, solubilizers and agents in foods. These additives contain oils & fats such as shortenings, salad dressings, dairy foods, baked goods and margarine. The increasing demand of specialty surfactants in food processing is likely to create immense opportunities for the market growth rate.
- Increasing focus on environment friendly products
The specialty surfactant industry is currently focusing on renewable feedstocks to manufacture specialty surfactant products because these products have low toxicity, high biodegradability and less environmental impact. The growing demand for renewable goods which are safe to use and are less hazardous to the environment will generate lucrative opportunities for the market growth rate.
Restraints/ Challenges
- Environmental concern
The increasing focus on environmental regulations and the unfavorable production procedure are some major factors that will expected to hinder the growth of the specialty surfactants market during the mentioned forecast period.
Furthermore, unstable crude oil costs will become the foremost challenge for the growth of the specialty surfactant market.
This specialty surfactants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the specialty surfactants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Specialty Surfactants Market
The COVID-19 outbreak has adversely affected the specialty surfactants industry. As a result of this pandemic, the government has implemented stringent global rules, which has severely affected the growth of the specialty surfactants market. The specialty oleochemicals industry plays a vital role in the production of many products such as pharmaceuticals, personal care & cosmetics, food & beverages, soap & detergents, polymers, and so on. The demand for specialty surfactants increased from the soap & detergents industry during the pandemic. Thus, the ongoing spread of COVID-19 overall the globe is expected to impact the demand of specialty surfactants market.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Specialty Surfactants Market Scope
The specialty surfactants market is segmented on the basis of origin, type, end-use industry and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Origin
- Synthetic Surfactants
- Bio-Based Surfactants
Type
- Anionic Surfactants
- Cationic Surfactants
- Non-Ionic Surfactants
- Amphoteric Surfactants
- Silicone Surfactants
- Other Types
End-Use Industry
- Household Soap and Detergent
- Personal Care
- Lubricants and Fuel Additives
- Industry and Institutional Cleaning
- Food Processing
- Oilfield Chemicals
- Agricultural Chemicals
- Textile Processing
- Others
Application
- Wetting Agents
- Emulsifiers
- Dispersants
- Foaming Agents
- Stabilizers
- Others
Specialty Surfactants Market Regional Analysis/Insights
The specialty surfactants market is analysed and market size insights and trends are provided by country, origin, type, end-use industry and application as referenced above.
The countries covered in the specialty surfactants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the specialty surfactants market in terms of market share and revenue. This is due to the rising demand for specialty surfactants in this region. China dominates the Asia-Pacific specialty surfactants market owing to the growth of the cosmetics sector with increasing applications of the product in soaps and detergents, personal care, food processing industry in this region.
Europe is expected to be the fastest developing region during the forecast period of 2022-2029 due to the increasing preferences towards the bio-based and green products along with increasing concern regarding environmental safety in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Specialty Surfactants Market Share Analysis
The specialty surfactants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to specialty surfactants market.
Some of the major players operating in the specialty surfactants market are:
- 3M (U.S.)
- Akzo Nobel N.V. (Netherlands)
- Arkema (France)
- Ashland Inc. (U.S.)
- BASF SE (Germany)
- Clariant (Switzerland)
- Croda International Plc (U.K.)
- Dow (U.S.)
- ELEMENTIS PLC (U.K.)
- Emery Oleochemicals (U.S.)
- Evonik Industries AG (Germany)
- Godrej Industries Limited (India)
- Huntsman International LLC (U.S.)
- Innospec (U.S.)
- Kao Corporation (Japan)
- KLK OLEO. (Malaysia)
- Lonza (Switzerland)
- MITSUI & CO., LTD. (Japan)
- Sasol (South Africa)
- Solvay (Belgium)
- Stepan Company (U.S.)
- Sumitomo Corporation (Japan)
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