(EMAILWIRE.COM, August 23, 2021 ) The Report Surfactants Market by Type(Anionic, Non-Ionic, Cationic, and Amphoteric), Application (Home Care, Personal Care, Industrial & Institutional Cleaning, Textile, Elastomers & Plastics, Agrochemicals, and Food & Beverage), Region-Global Forecast to 2025

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MarketsandMarkets: The surfactantsmarket is projected to reach USD 52.2billion by 2025, at aCAGR of 4.5% from USD 41.9billion in 2020.
Surfactants are surface-active agents that reduce surface tension between two liquids, between a gas and a liquid, or between a liquid and a solid. Surfactants help in increasing the wetting properties of the liquid. They are made from two types of raw materials, namely, petroleum and oleo chemicals. Surfactants are mainly used to separate dirt, oil, and stains from various surfaces. They act as detergents, wetting agents, emulsifiers, foaming agents, anti-static agents, stabilizers, and dispersants. Surfactantsare manufactured using oleochemicals or synthetic/petrochemical-based raw materials. The major factor that is driving the surfactants market isits growing demand from various applications.

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Non-ionic surfactants to be the fastest-growing surfactant type during the forecast period

Non-ionic surfactants are expected to witness the highest growth in the forecast period. This is due to its low foaming and better emulsifying properties, which makes it suitable for industrial applications. In addition, their compatibility with charged molecules allows them to be used in combination with different types of surfactants.They are widely preferred in different application industries, processing technologies, and scientific research due to properties, such as detergency, emulsification, and solubilization.Alcohol Ethoxylates (AEs) ,Alkyl Phenol Ethoxylates (APEs) , Amine oxides, Fatty acid esters , alkyl polyglucosides, ethyleneoxide/propyleneoxide copolymers, polyalcohols, ethoxylated polyalcohols, and thiols (mercaptans) are the common types of non-ionic surfactants.

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Agrochemicals are expected to be fastest-growing application during the forecast period

The agrochemicals segment is expected to be the fastest-growing segment in the forecast period. This is because pesticide efficacy is improved by surfactants. Surfactants, which are used in agrochemicals are anionic, non-ionic, cationic, and amphoteric surfactants. They are used in formulations of agrochemicals that are used for crop protection. They are used as dispersing agents, suspending agents, wetting agents, foaming agents, and penetration aids. Moreover, the use of surfactants helps to enhance the contact of various active ingredients with the crop surface. The products used for crop protection are herbicides, insecticides, and fungicides. The common surfactants used in pesticide formulations are ethoxylated alcohols, alkylphenols, sorbitan, and alkylamines.

In addition, growing population is another factor driving the demand for surfactants in agrochemicals, owing to the increase in demand for agricultural produce.

APAC to be the fastest-growing market for surfactants during the forecast period

APAC is estimated to witness the highest CAGR in the surfactants market during the forecast period. This is owing to growing population and their increasing spending power in home care and personal care products. In addition, increasing industrialization and urbanization are other factors driving its growth in the region.Improved lifestyle, increase in employment rate, rise in disposable income of the people, and increase in foreign investments in various sectors of the economy are some of the factors that make APAC an attractive market for surfactants manufacturers.The presence of major manufacturers, such as Indorama Ventures Limited (Thailand), Kao Corporation (Japan), Galaxy (India), and Aarti Industries Ltd. (India), is expected to further fuel the growth of the surfactants market in APAC.

The key market playersprofiled in the report includeas BASF SE (Germany), Nouryon (North Holland), Evonik Industries AG (Germany), Stepan Company (US), Solvay (Belgium), The Dow Chemical Company (US), Indorama Ventures Public Company Limited (Thailand), Clariant (Switzerland), Ashland Global Holdings Inc. (US), Kao Corporation (Japan), Lonza (Switzerland), and Croda International Plc (UK) , EOC Group (Belgium), Oxiteno (Brazil), Sasol (South Africa), Arkema Group (France), Galaxy Surfactants Ltd. (India), Unger Fabrikker AS (Norway), The Lubrizol Corporation (US), PCC Group (Germany), Aarti Industries Ltd. (India), Taiwan NJC Corp. (Taiwan), Pilot Chemical Corp. (US), KLK Oleo (Malaysia), ADEKA Corporation (Japan), Tokyo Chemical Industries Co., Ltd. (Japan), Colonial Chemical Inc. (US), Lankem (Cheshire), Enaspola.s. (Czech Republic), AK ChemTech Co., Ltd. (Reupblic of Korea), Innospec (US), Sumitomo Chemical Company (Japan), Bayer AG (Germany), Cespa (Madrid), Cargill, Incorporated (US), 3M (US), Sialco Materials Ltd. (Canada), Sanyo Chemical Ltd. (Japan), Alzo International Inc. (US), and Reliance Industries Ltd. (India).

Study Coverage

This report estimates the surfactantsmarket in terms ofvolume and valueand forecasts the market size until2025. The report includes market segmentation based on type,application,and region. It also provides company profiles and competitive strategies adopted by the major players in the surfactantsmarket.The report also coversthe Porter’sFive Forces analysis, market overview, and insights on various drivers, restraints, and opportunities, in the surfactants market.

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