July 13, 2021
According to the research report titled ‘Global Surfactant Market - Analysis By Type (Anionic, Non-ionic, Cationic, Amphoteric), By Application, By Region, By Country (2020 Edition): Market Insights, COVID-19, Implications, Competition and Forecast (2020-2025)’, available with Market Study Report, global surfactant market had reached USD 38198.5 million in 2019 and is expected to register substantial growth during 2020-2025.
Rising number of cognizant consumer base, increasing awareness regarding healthy lifestyle and aesthetic appeal, growing disposable income, and widespread adoption of skin care, oral care, hair care, and home care products are key factors driving the growth of global surfactant market.
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As per type, the report states that anionic surfactants market segment is predicted to expand significantly during the analysis timeframe. The product is known to provide exceptional emulsifying and dispersing properties and hence is widely used in home care, pharmaceuticals, building & development, oil & gas, and agriculture applications, thereby aiding towards the segmental expansion.
Global surfactant market share from personal care application segment is poised to amass commendable gains by 2025. Rising number of shoppers, growing demand for personal care items such as skincare, creams, gels, haircare, and childcare products, and rising health cognizance are contributing towards the overall market remuneration.
From the regional point of view, Asia-Pacific surfactant market is anticipated to record considerable growth during the forecast period. Growing millennial population, rising per capita income, and escalating expenditure on personal care products are favoring the regional market outlook.
DKS Co. Ltd., Croda International plc, Cepsa, Stepan Company, Galaxy Surfactants Ltd., Clariant AG, Lion Corporation, Evonik Industries AG, The Dow Chemical Company, and Aarti Industries Ltd. are the major companies operating in global surfactant market.