Surfactant Market Global Opportunities, Business Growth, Comprehensive Analysis, Competitive Landscape and Future Prospects 2025: Kao Corporation, Stepan Company, BASF, Huntsman Corporation, Evonik, AkzoNobel, The Dow Chemical

A market report entitled "Surfactant Market – Market Size, Trends, Share & Forecast 2018-2025" puts forward the major insights that are driving the revenue growth of the market. The presented report by data bridge market research market insights also comprises Automotive Service, Maintenance & Repair Market segments, key competitors and geographies that play a major role in market growth.

Rising demand for personal care products and increased usage of surfactant in detergent industry are expected to drive the market. On the other hand Implementation of stringent regulations by government agencies may hinder the growth of the global surfactant market.

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RISING DEMAND FOR PERSONAL CARE PRODUCTS

Surfactants are both hydrophilic and hydrophobic components. Hydrophilic are water-soluble and hydrophobic are water-insoluble (oil-soluble) components. This property allows surfactants to form micelles of oils and water. Hence, break the surface tension between the immiscible liquids. The surfactants are prime components in several personal care products. Personal care is one of the key contributors to end-users for surfactants owing to its applications in a wide variety of personal care products such as shampoos, skin creams, lotions and many more.

Surfactant are used as main ingredients in personal care segment as foaming agents, dispersants, emulsifiers, solubilizing agents, cleansers conditioners and different other products.. The selection of surfactant for different personal care product is a huge task. Specific surfactant can be used for various products such as shampoos, baby lotions, hair gels and others. Its specificity depends whether it’s creating a rich, creamy lather or foam for washing, bathing and shaving products or softening, lubricating and moisturizing for skin products; or creating an attractive protective layer used in cosmetic products.

The skin-compatible surfactants act as emulsifiers and it also stabilize the fine water or oil droplets in creams and thin lotions. The emulsions in skin care cosmetics and sun screens are easily absorbed by the skin and do not cause a shiny, greasy film or leave any grease spots on clothing. The Surfactants also enable the fine dispersion of color pigments in make-up and lipstick. They disperse perfumes in toilet waters, aftershaves and hair lotions and are also used in hair dyes and hair care products as well as shaving creams and toothpastes. According to an article published recently by the “CNBC news” the surfactant market will make revenue of approximately USD 46.20 billion in the year 2022.

The personal care is projected to be highly expanding and diverse market. According to an article published in 2017 by “Bio Verlag” U.S. market for personal care products has grown with the market value of USD 5.7 billion in the year 2016, the growth is of 9.2% as compared to the sales in the year 2015. Various new strategies made by key players are also expected to increase the growth of the market such as establishing new plants, implementing new technologies. For instance, preparation of amino acid soaps derived from dodecenyl succinic anhydride.

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Introducing new products by the key players is likely to boost the growth of the market for example; BASF SE (Germany) along with Solazyme (France) introduced their first commercial microalgae based betaine surfactant. The product is being sold under the brand name Dehyton AO 45. It is useful for the applications in home and personal care products. This product is an alternative to amidopropyl betaine which has its application in various products such as shampoos and liquid soaps.

The growing demand for personal care products all over the world and specifically in U.S. is driving the growth of surfactants market. Personal care products are highly in demand owing to expanding middle class and their increasing disposable income is allowing them to splurge more on luxuries such as expensive personal care products. This, in turn, ensures a steady demand for flourishing personal care products for the surfactants market

IMPLEMENTATION OF STRINGENT REGULATIONS BY GOVERNMENT AGENCIES

The strict legislation laid down in U.S. for the control usage of synthetic surfactants in various applications such as in personal care products is a major restraint for the global surfactants market. The usage of synthetic surfactants in personal care products can cause skin irritation, eye irritation, neurotoxicity, etc. for this various regulation by Food and Drug Administration (FDA) on different products have been imposed on the manufacture of the surfactant. Surfactants that meet the safer choice criteria are acceptable for use in the various products under Safer Choice products which bypass sewage treatment and require approval of the Criteria for Environmental Fate & Toxicity for Chemicals.

The surfactants that are listed on the Safer Chemical Ingredients List such as mixtures with varying chain lengths, degrees of branching, and numbers of ethoxyl (EO) and propoxyl (PO) groups determine the aquatic toxicity and rate of biodegradation of the chemical. The majority of the surfactants used in detergents are made of petrochemicals which remain in the environment for a long period of time and causes harmful effects to the environment. This has triggered imposition of stringent regulation on the manufactures. Various regulations that are imposed by the FDA on the surfactants and related products are as follows

1. Sec. 172.858 for the control usage of Propylene glycol alginate to be used in various food products and skin care products
2. Sec. 172.710 for the controlled use of surfactants Adjuvants for pesticide use dilutions by a grower or applicant prior to application to the growing crop and should not be used in more than 5% of the weight.

Therefore, as various regulations are imposed over theproductio of the surfatants and its application the major player are focusing major problem in the manufacture of surfactant which has hindered the growth of the market

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Key market players

• Akzo Nobel N.V.
• BASF SE
• Clariant
• DowDuPont,
• Evonik Industries AG
• Stepan Company
• Huntsman International LLC
• Solvay
• Wilmar International Ltd.
• Galaxy Surfactants Limited
• Oxiteno
• Kao Corporation
• Aarti Industries Limited
• Sialco Materials LTD
• KLK OLEO
• Unger Fabrikker A.S
• Croda International Plc

Major Points from Table of Content:

1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key Players
10. Future of the Market

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This release was published on openPR.