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AkzoNobel (Netherlands), BASF (Germany), Clariant (Switzerland), Croda (UK) and Evonik (Germany) are Leading Players in the Amphoteric Surfactants Market - Report by MarketsandMarketsâ„¢
Browse 90 market data Tables and 44 Figures spread through 119 Pages and in-depth TOC on "Amphoteric Surfactants Market"
https://www.marketsandmarkets.com/Market-Reports/amphoteric-surfactant-market-228852138.html
Based on type, the amine oxide segment of the amphoteric surfactants market is projected to grow at the highest CAGR
Based on type, the amphoteric surfactants market has been segmented into betaine (alkyl betaine, alkyl amido betaine, and others), amine oxide, amphoacetates, amphopropionates, and sultaines. The amine oxide segment of the market is projected to grow at the highest CAGR in terms of both, value and volume during the forecast period. Amine oxide is a mild surfactant, which offers excellent secondary surfactant characteristics. It has the ability to decrease skin irritation in combination with Linear Alkylbenzene Sulfonate (LAS) or alcohol sulfates. Moreover, amine oxide possesses inherent stability and has improved cleansing properties.
Based on application, the personal care segment is projected to lead the amphoteric surfactants market
The personal care segment is projected to lead the amphoteric surfactants market in terms of both, value and volume between 2018 and 2023. Amphoteric surfactants are the mildest surfactants and hence, are commonly used in the formulation of various personal care products. The mildness of amphoteric surfactants can be attributed to their zwitterion nature. The use of these surfactants in the personal care products results in lower skin irritation as compared to other surfactants.
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European region is expected to be the largest market for amphoteric surfactants
The amphoteric surfactants market has been studied for 5 regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America. The European region is projected to be the largest market for amphoteric surfactants during the forecast period due to the strong foothold of manufacturers of personal care products in the region. Amphoteric surfactants are the key compounds used in the formulation of various personal care products. The European region is also home for the leading manufacturers of amphoteric surfactants. The major countries driving the growth of the amphoteric surfactants in the European region are France, Germany, Italy, and Russia.
Leading players in the amphoteric surfactants market include AkzoNobel N.V. (Netherlands), BASF SE (Germany), Clariant AG (Switzerland), Croda (UK), Evonik Industries AG (Germany), Lonza (Switzerland), the Lubrizol Corporation (US), Oxiteno SA (Brazil), Solvay (Belgium), and Stepan Company (US). The strategy of new product launches was adopted by the key players to strengthen their position in the amphoteric surfactants market.
Evonik Industries AG is a leading manufacturer of amphoteric surfactants across the globe. The company is a specialty chemical company. It has a well-established distribution network and brand value fueling its growth in the amphoteric surfactants market. The company provides betaine, amine oxide, and amphoacetates for personal care and home care applications.
Solvay is another leading manufacturer of amphoteric surfactants. It has a strong brand name in the amphoteric surfactants market. Mackam, Miracare, Mirataine, and Miranol are the leading brands of the company that have a vast product line, which caters to a wide range of applications. The company offers amphoteric surfactants for personal care, oil & gas, home care, and Industrial & Institutional (I&I) cleaning applications.
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