Surfactants Market: Competitive Dynamics & Global Outlook 2027
According to the report published by Allied Market Research, the global surfactants market generated $41.3 billion in 2019, and is estimated to reach $58.5 billion by 2027, registering a CAGR of 5.3% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, key player’s performance, major segments, and competitive landscape.
Low prices & easy availability,
wide range of application, and extensive use in household detergents drive the
growth of the global surfactants market. However, unpredictability in raw
material prices hinders the market growth. On the other hand, adoption of
surfactants in neonatal respiratory distress syndrome and fastest growth in
personal care products market create new opportunities in the coming years.
Download Sample Report with Detailed COVID-19 Impact Analysis at:
Covid-19
scenario:
·
During the coronavirus pandemic, the team of
researchers from the U.K. is researching on possible efficacy of biosurfactants
in prevention of the spread of coronavirus.
·
Moreover, the researchers are studying the surfactant
administration therapy for the treatment of Covid-19 related acute respiratory
distress syndrome (ARDS).
·
The manufacturing activities of surfactants have been
disrupted due to the lockdown. In addition, supply chain has been affected.
The report offers a detailed
segmentation of the global surfactants market based on type, application, and
region.
Based on type, the anionic segment contributed
to the largest share in 2019, accounting for nearly half of the total share,
and is estimated to maintain its dominant position during the forecast period.
However, the amphorteric segment is expected to register the highest CAGR of 5.6%
from 2020 to 2027.
Based on application, the household detergents segment accounted for the largest share in 2019, holding more than half of the total share, and is expected to maintain the largest share throughout the forecast period. However, the personal care segment is estimated to portray the highest CAGR of 5.9% during the forecast period.
Based on region, Asia-Pacific contributed
the highest share, accounting for around two-fifths of the total market share
in 2019, and will maintain its dominance throughout the forecast period. Moreover,
the same region is expected to grow at the highest
CAGR of 5.9% from 2020 to 2027. The report also analyzes regions including
Europe, North America, and LAMEA.
Leading market players analyzed in
the research include BASF SE, Croda International Plc, Clariant AG, Stepan
Company, Nouryon, Evonik Industries AG, Huntsman Corporation, Lonza Group,
Indorama Ventures Public Company Limited, and Kao Corporation.
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