This Surfactants Market research report contains a complete background analysis of the industry, which includes an assessment of the parental market. All the statistical and numerical that have been forecasted in this report is represented with the help of graphs, charts, or tables which makes this report more user-friendly. This Surfactants Market report contains a thorough description, competitive scenario, wide product portfolio of key vendors, and business strategy adopted by competitors along with their SWOT analysis and porter’s five force analysis. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, this Surfactants Market report will surely help you to a degree.
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In terms of revenue, the global surfactants market was valued at US$ 36813.06 Mn in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. 3M, Arkema S.A., Ashland, BASF SE, Clariant, Croda International Plc, Dow, Evonik Industries AG, Kao Corporation, Lion Specialty Chemicals Co., Ltd., Nouryon, SEPPIC, Solvay, Stepan company and Other Market Participants.
Global Surfactants Market:
- Home Care
- Personal Care & Cosmetics
- Industrial & Institutional Cleaning
- Oilfield Application
- Food Processing
- Textile Processing
- Elastomers & Plastics
- North America
- Rest of North America
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
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Global surfactants market is projected to be driven by increasing demand for cleaning, personal care & cosmetic products on account of unprecedented outbreak of Covid-19 virus. Surfactants are primarily used to reduce tension between the liquids or solids, not only for detergency but also for wetting, emulsification, and softening applications. In the midst of Covid-19 pandemic, the practice of cleaning and sanitation has been improved in terms of frequency and quality which subsequently has increased the product demand. High consumption of surfactants in household cleaning products, especially in surface cleaners and disinfectants has flourished with the trend of extreme hygiene practices.
Moreover, demand for laundry detergents witnessed sluggish growth on account of less usage formal wears, as growing trend of work from home coupled with lack of socialising opportunities hindered the formal apparel usage. However, the market for hand wash products witnessed significant growth on account of high hand washing frequency. For instance, Henkel Corporation reported in association with Canadian survey of hand wash, where frequency of handwashing doubled post pandemic. Such a trend highly contributed in rising the demand for surfactants which subsequently will drive the global surfactants market growth over the forecast period.
Growing consumer awareness pertaining to personal hygiene is projected to play vital role in increasing the demand for personal care & cosmetic products. Also, high demand for dishwashing detergents, carpet cleaners, and floor cleaners among others contributed significantly in driving the product demand. Moreover, rising government regulations inclined toward greener process is further catering for huge demand of biosurfactants. Amid covid-19 pandemic the demand for surfactants has increased. In addition, the raw material supply was hampered for short term due to supply chain disruptions. However, abundant availability of raw materials made surfactant supply chain resilient and is projected to rebound over the forecast period. Thus, as the mature markets remain dynamic with evolving formulations, surfactants market is likely to recover at moderate pace post covid.
Key Questions Answered with this Study
1) What makes Surfactants Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Surfactants market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Surfactants in next few years?
8) What is the impact analysis of various factors in the Surfactants market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Surfactants Market?
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