2021 Surfactant Market is expected to expand at a CAGR rate 4.5% and demand value is expected to reach 52.5 Billion USD | Akzonobel, Air Products and Chemicals, BASF SE, Clariant AG

The driving factor for surfactant market growth is driven by the growing population and increasing urbanization in Asia Pacific region. With COVID-19 virus disease spread all over, has led to extra demand of hand sanitizer even in general public. High publicity & awareness for self protection with the help of such product is another factor driving its demand.

The demand for surfactants markets globally has reached to 42.0 Billion in 2020. The demand of surfactants market is expected to expand at a CAGR rate 4.5% and demand value is expected to reach 52.5 Billion USD.

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Home care application is another leading driver of surfactants led market in 2019. Surfactants are used for preparation of various products in Home care such as dishwashing detergents, laundry detergents, laundry and dishwashing soaps, carpet cleaners, and floor cleaners, among others.  They are also used in home care products to remove oil, dirt, and unwanted particles from fabrics, dishes, and other surfaces.

KEY TAKEAWAYS

Behaviors of producers and consumers in an economy.
These forces create pricing signals that result from a change in supply and demand.
The basis of supply-side economics is on the theory that the supply of goods and services is most important in determining economic growth.
Demand-side economics holds that the creation of economic growth is from the high demand for goods and services.
Economic models cannot capture some dynamics which affect markets and increase market volatility, such as human emotion.

Nouryon one of the leading players in the surfactants market. The company focuses on expansion, new product launch, and agreement to remain competitive in the surfactants market. For instance, in March 2019, the company launched a next-generation surfactant used as additive, Ethylan EF-60, which enables formulators to ensure low temperature storage stability of VOC-free water-borne latex paint products.

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Scope of the Report

The Surfactant market report estimates demand of surfactant By Value and By Volume.
The Surfactant Market analyses industry By Type (Anionic Surfactants, Non-ionic Surfactants, Cationic Surfactants, Amphoteric Surfactants).
The Surfactant Market analyses industry By Application (Home Care, Personal Care, Industrial Cleaning, Others).
The Global Surfactant Market has been analyzed By Region (North America, Europe, Asia Pacific) and By Country (US, Canada, UK, Germany, Italy, Netherlands, China, India, Japan, Thailand).
The key insights of the report have been presented through the attractiveness of the market has been presented By Type, Application and Region. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.

The companies analyzed in the report include - Aarti Industries Ltd, The Dow Chemical Company, Evonik Industries AG, Lion Corporation, Clariant, Galaxy Surfactants Ltd., Stepan Company, Cepsa, Croda International plc and DKS Co Ltd. The report presents the analysis of Surfactant market for the historical period of 2015-2019 and the forecast period of 2020-2025.

Key Players In Global Surfactants Market Include:
Akzonobel
Air Products and Chemicals
BASF SE
Clariant AG
DuPont
Evonik Industries
Stepan Company
Huntsman
KAO
DOW
Croda
Solvay
Enaspol
Unger Fabrikker
Aarti Industries
Sialco Materials
Oxiteno
Galaxy Surfactants
ECO Group
KLK OLEO & Others

Market Segmentation, By Product Types:
Anionic
Cationic
Non-Ionic
Amphoteric

Market Segmentation, By Applications:
Detergents
Personal Care
Textile
Elastomers & Plastics
Crop Protection
Food & Beverage

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Market segmentation, by regions:
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium)
Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam)
Middle East & Africa (Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria)
Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru)

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