NEW YORK, Jan. 9, 2018 – The global surfactant chemical and material market should reach $44.9 billion by 2022 from $36 billion in 2017 at a compound annual growth rate (CAGR) of 4.5%, from 2017 to 2022.
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â€¢ The detergents market of the surfactant chemical and material industry is expected to grow from $19.4 billion in 2017 to $24.6 billion in 2022 at a CAGR of 4.9% for the period 2017-2022.
â€¢ The personal care market of the surfactant chemical and material industry is expected to grow from $4.5 billion in 2017 to $5.8 billion in 2022 at a CAGR of 5.1% for the period 2017-2022.
Chapter 1: Introduction
Surfactants are surface-active substances that are used widely to trim down the surface tension of any liquid. They are ideal for effective cleaning. Detergents are one of the most used and known surfactant. Surfactants are classified as anionic, cationic, nonionic and amphoteric. Anionic surfactants account for the largest market share, while nonionic surfactants are also witnessing demand from various applications owing to their low foaming and effective emulsifying properties. Amphoteric surfactants are key ingredients of everyday products, such as detergents, shampoos and other personal care products. They account for a smaller market share.
Cationic surfactants cost more, making them a smaller market share in terms of net worth when compared with anionic and nonionic types. Surfactants are further classified into synthetic and bio-based, depending on substrate. Synthetic surfactants are derived from crude oil, whereas bio-based surfactants are produced from natural sources such as palm oil and animal fats. Restrictive environmental regulations and concerns have increased demand of bio-based surfactants as they are naturally derived and cause less harm to the environment. Applications of the global surfactants market include detergent, personal care, textiles, crop protection, industry and institutional cleaners, elastomers and plastics, oilfield chemicals, food and beverages, and others. Domestic use of detergents and personal care applications are the largest market segments in terms of application. Food and beverage is growing at a CAGR of 3.8% due to growing use of surfactants as biocides to inhibit bacteria, fungi, protozoa and viruses that could interfere in fresh fruits, vegetables, fish and poultry. In addition, surfactants are also gaining attention and technological progression across different and unusual applications, such as for cleaning storage tanks, crude oil transportation, and enhanced oil recovery in the oil and gas industry, as biocides in the agricultural industry and as gene delivery and immunological adjuvant in the healthcare industry. The surfactants market is likely grow to almost $44.9 billion by 2022, from $34.8 billion in 2016, at a CAGR of 4.5% between 2017 and 2022.
The key drivers responsible for the growth of the global surfactants market include growing end-user industries and changing lifestyles in developing economies. However, factors such as volatility in raw material prices, stringent regulations on environmental issues, pollution control laws for manufacturing processes, increasing inclination toward green products and governmental pressure to implement eco-friendly chemical processes will strongly slow down the market's growth. Asia-Pacific is the largest region in the surfactants market, followed by North America and Europe.
The Asia-Pacific region is an amalgamation of vast economies, developing as well as developed. This region has some of the world's richest and developed nations. The region has wide scope of potential and sustained growth; thus, it attracts the major players of this industry. The reasons behind this steady growth are rising populations, and high demand of newer technologies and products from the developing regions. Improved lifestyles and increased cost of living have fostered the adoption of surfactants in various industries, such as personal care, soaps and detergents, and pharmaceutical industry.
The hike in prices of raw materials, stringent environmental regulations and the toxic nature of these chemicals may lead to a downfall in their demand in near future. Therefore, this scenario shows a promising future for bio-based surfactants, which may replace other variants in terms of demand and production in the global market. Key players in global surfactants market include DowDuPont, Evonik Industries AG, Henkel AG and Co. KGaA, Huntsman Corp., Air Products and Chemicals, BASF SE, Clariant, DuPont EI DE Nemours and Co, Kao Corp., and Akzo Nobel N.V. The report provides market revenue for the global market for surfactant chemicals and materials for 2016 and 2017, and forecasts the five-year compound annual growth rate (CAGR) in the market until 2022.
Study Goals and Objectives
This report provides a thorough and comprehensive multi-client study of the worldwide market for surfactant chemicals and materials along with emerging technologies and potential business opportunities in the future. Furthermore, it thoroughly covers the underlying economic issues driving the surfactant market, as well as assessments of new and potential technologies, products and services that companies are developing. This report also provides realistic market data and forecasts for the global surfactant chemicals and materials demand.
This report begins with an overview of the chemistry and physics aspects of surfactants, and the processes used to produce surfactant products; it then moves on to specific applications for surfactant materials. It also gives detailed descriptions of the market's growth, developing technology trends, industry leaders, and applications for these surfactant products in North America, Europe, Asia-Pacific, South America and the Rest of the World (ROW).
Reasons for Doing This Study
The demand for detergent, personal care products, textile application, industrial and institutional cleaning, elastomers and plastics, oilfield chemicals, crop protection and food and beverage industry are rising around the world, especially in the Asia-Pacific, North America and Europe regions, increasing the demand of various types of surfactant chemicals and materials.
Mounting demand from domestic and industrial applications in the Asia-Pacific region are making it the largest market for surfactants. The surfactants market is driven by the demand from increasing populations in countries such as India, China, Indonesia and others. With so much growth and positive prospects, there is an urgent need of a comprehensive study on the global surfactant chemicals and materials industry. This study details the crucial role that surfactants play in enabling technologies that are important for the future. Despite numerous benefits, surfactants can be harmful for the environment and human health. Hence, several regulations are imposed by governments such as the United States Environmental Protection Agency (USEPA) and Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) to report them. These agencies monitor the toxicity levels of surfactants to keep them in the acceptable level. The stringent rules restrict the development of the overall surfactants market, as synthetic surfactants accounted for the major share in 2016, though the market players are steadily shifting to green and bio-based surfactants.
Scope of Report
The scope of this report is extensive as it covers four types of surfactants: anionic, nonionic, cationic and amphoteric. They have marked their presence in the global market, and are classified in terms of their ionic properties and their uses. Anionic surfactants are further broken down into five major types depending on the material used in production. The base production material for surfactants can be linear alkylbenzene sulfonate, secondary alkane sulfonate, alpha olefin sulfonates, methyl ester sulfonate and other anionic surfactants. Nonionic surfactants are divided into four types: alcohol ethoxylates, alkyl phenol ethoxylates, amine oxides and others.
These are further get segregated into various subtypes based on region of use and application. The major applications of surfactants are in detergent, personal care, textile, crop protection, industry and institutional cleaners, elastomers and plastics, oilfield chemicals, food and beverages, and others. The report also covers the applications of each type of surfactant and their market shares. Additional breakdowns based on substrate type, which include synthetic surfactant and bio-based surfactants, their global markets and regional breakdowns are also covered.
Bio-based surfactants come into two variants: chemically synthesized surfactants and bio-surfactants. The report covers their global markets and regional growth as well. The revenue forecasts from 2017 to 2022 are explained for surfactants by type, application and region, as well as each of their applications by region and application by surfactant type. The report also discusses major players across each sub-segment. It explains various aspects of surfactants such as the major market drivers and challenges, the current trends within the industry and major applications for the global surfactant chemicals and materials market. Information
The findings and conclusions of this report are based on information gathered from both primary and secondary research sources. The primary sources of information consist of industry association data, and interviews conducted with surfactant chemicals and materials companies and distributors. Secondary sources were also consulted for the report, comprising of industry journals and publications, product literature, white papers and technical journals, and financial reports for industry suppliers.
The base year for analysis and projection is 2016, and market projections were developed from 2017 to 2022. These projections are based on a combination of a consensus among the primary contacts combined with our understanding of the key market drivers, and their impact from historical and analytical perspectives. The analytical methodologies used to generate the market estimates are described in detail in the market analysis. All dollar projections presented in this report are in 2016 constant dollars.
A descriptive study has been done with a trend analysis for the global market for surfactant chemicals and material with a quantitative and qualitative approach. BCC Research collects data by means of various trusted and reliable primary and secondary sources. The collection is done by a series of interviews with industry vendors, references from white papers, business journals, public financial proceedings and historical market data from the internet. The market data is assessed and validated considering interrelated market attributes and the impact of global economic variables. The value of the market is then obtained through a combination of the bottom-up and top-down approaches using exclusive market modeling tools to generate BCC Research's market data and forecasts. Estimated values used are based on manufacturers' total revenues.
In this report, the geographic regions considered for market analysis include, and only include:
â€¢ United States.
â€¢ From Greenland (Denmark) to Russia and from Norway to Greece.
â€¢ From Afghanistan to Japan and from Mongolia to New Zealand.
â€¢ From Guatemala to Chile.
â€¢ Entire Middle East countries and entire African region.
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