Amphoteric Surfactants Market is estimated to grow at a CAGR of 6% during 2018 to 2023 | Vital Players are Clariant Corporation, BASF SE, Huntsman Corporation, Evonik Industries AG, Akzo Nobel N.V., Lonza Spa, Stepan Company and Lubrizol Corporation

Amphoteric Surfactants Market Size and Growth Rate:
Amphoteric Surfactants Market was going to reach USD 4 billion by 2023 from 3 billion in 2018 and expected to grow at a CAGR of 6% during the forecast period 2018 to 2023.

Surfactants are chemical compounds that reduce surface tension and increase cleaning efficiency. They can act as emulsifiers, dispersants, detergents, foaming agents and wetting agents. Surfactants are manufactured using two different raw materials, namely petrochemicals and natural vegetable oils. Amphoteric surfactants have a better performance in hot and hard water. These surfactants have certain properties such as foaming, biodegradability, good detergency, conditioning, calcareous water compatibility and moderate behavior. Due to these properties, mild amphoteric surfactants are mainly used in secondary surfactants such as bubble baths, shower gels, liquid soaps and shampoos. They are used in personal care and in domestic activities such as foaming, detergency and emulsification. They cause less irritation to eyes and skin.

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Amphoteric Surfactants Market Growth Drivers and Restraints:
The growing demand for innocuous and skin-friendly surfactants in the home care and personal care industries could stimulate the world market for amphoteric surfactants. Because of this, it is able to replace conventional surfactants. Due to the multiplication of applications, amphoteric surfactants are widely adopted in domestic activities. Many manufacturers spend a lot on research and development, which is a key factor responsible for the global market growth. It is expected that a greater awareness of the use of non-sulfur personal care products will support future growth in the global market. The growing demand for affordable, skin-friendly surfactants can affect the growth of the market.

Geographical Analysis of Amphoteric Surfactants Market:
The Asia-Pacific region is expected to become an important market for amphoteric surfactants due to strong demand from South Korea, China and Japan. The increase in disposal revenues in the Asia-Pacific region should support the market growth in this region. In addition, changes in consumer inclination for more skin-friendly surfactants in Vietnam, Thailand, Indonesia and Malaysia could strengthen growth in the global market. North America should follow the same trend as it contributes to the largest share in the global market. Europe is growing at an accelerated pace, just like the emerging economy. On the other hand, it is also expected that the growing demand from South Africa, Brazil, Nigeria, Mexico and Egypt will increase the market for amphoteric surfactants.

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Key Players of Amphoteric Surfactants Market:
Clariant Corporation, BASF SE, Huntsman Corporation, Evonik Industries AG, Akzo Nobel N.V., Lonza Spa, Stepan Company, and Lubrizol Corporation are the major players of the market.

Amphoteric Surfactants Market Key Segmentation:
By Product:
• Betaine
• Amine Oxide
• Amphoacetates
• Amphopropionates

By Application:
• Pharmaceuticals
• Cosmetics
• Household Cleaning

By Region:
• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa

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