The Surfactants market was valued at USD 41.7 Billion in 2020, and it is expected to reach a value of USD 57.1 Billion by 2027, at a CAGR of 4.49% over the forecast period (2020 - 2027).
Surfactants are chemicals that are employed in several cleaning solutions due to their ability to lower water surface tension, essentially making the molecules slipperier, making them less likely to stick together and more likely to interact with oil and grease. The surfactants market is projected to grow considerably due to factors such as cheap pricing, the simple availability of surfactants, and a wide range of applications. In addition, the increasing usage of surfactants in household detergents is projected to drive the surfactants market ahead over the forecast period. During the forecast period, demand expansion will be hindered by raw material price volatility and environmental concerns regarding surfactants. Furthermore, the ongoing development of the personal care sector and the use of surfactants in neonatal respiratory distress syndrome are likely to generate several company expansion possibilities in the future years.
The expansion of end-user industries and shifts in lifestyle in emerging economies are driving the growth of the surfactant market. While the agriculture business is stimulating the pesticide market, it is also stimulating the surfactant market because the product is utilized as a wetting agent in herbicides. Herbicides are frequently utilized to kill weeds in farms by farmers all over the world, producing a steady need for surfactants in the agricultural sector, which offers another revenue stream for vendors in the surfactants industry.
This report provides in-depth analysis of Global Surfactants market. We have analyzed 20+ data points that include product price trends, consumer purchase patterns, company annual sales performance, COVID-19 impact on distribution channels, parent industry performance, regional trends, and technological innovations, for tracking the Global market size and performance in the recent years.
Global Surfactants Market Segmentation
The Global Surfactants market is segmented based on Type, Application, Origin, and Region. Based on Type it is categorized into: Anionic Surfactants, Non-ionic Surfactants, Cationic Surfactants, Amphoteric Surfactants. Based on Application it is categorized into: Home Care, Personal Care, Industrial & Institutional Cleaning, Oilfield Chemicals, Food & Beverage, Agrochemicals, Textiles, Elastomers & Plastics. Based on Origin it is categorized into: Synthetic Surfactants, Bio-based Surfactants. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
