Surfactants Market - Development in the end-user industries such as household detergents, personal care, and others boosts the growth of the market

The surfactant market was estimated at $43,655 million in 2017 and is expected to reach $64,408 million by 2025, an annual average growth of 5.4% from 2018 to 2025. Asia Pacific is expected to be the highest revenue contributor during the forecast period.

Surfactants, also known as surfactants, are organic chemicals with hydrophilic and hydrophobic ends that, when added to a liquid, change their properties at the surface or interface. They can be classified based on the nature or molecular weight of the charge for the individual polar functional groups.

The global surfactant market is classified by type as cationic surfactants, anionic surfactants, nonionic surfactants and amphoteric surfactants. Anionic surfactants are mainly derived from the carboxylation, sulfuration and condensation of fatty acid and phosphoric acid derivatives. Cationic surfactants are obtained by reaction of tertiary amines with classical alkylating agents, while alkylation processes of betaines and true amphoteric surfactants produce amphoteric surfactants. In 2017, the anionic surfactant and nonionic surfactant segments accounted for two-thirds of the surfactant market.

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The report provides an extensive competitive analysis and profiles of the key market players, such as
• BASF SE
• The Dow Chemical Company
• Stepan Company
• Evonik Industries AG
• Kao Corporation
• The Proctor & Gamble Company
• Clariant
• Lion Specialty Chemicals Co Ltd.
• Solvay S.A.
• Huntsman Corporation

The other players in the value chain (not included in the report) include Galaxy Surfactants, Aarti Industries Ltd., Wacker Chemie AG, and Jiangsu Maysta Chemicals Co. Ltd.

Depending on the application, the surfactant market is divided into household detergents, personal care, industrial and institutional cleaners, food processing, genetic chemicals, pesticides, fibers, plastics, paints and coatings and adhesives. The household detergent and personal care sector accounted for more than two-thirds of the surfactant market in 2017. Higher demand due to changes in lifestyle and market growth as the demand for household detergents increases due to the increase in personal income.

In 2017, North America and Europe accounted for half of the total market, but only Asia Pacific accounted for more than one third of the surfactant market. The price of surfactants is relatively high in Europe due to regulations on registration, evaluation, authorization and regulation of chemicals (REACH). However, US costs are expected to remain moderate, as mineral oil prices are low for both anionic and cationic surfactants.

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Key Findings of the Surfactants Market:
• Asia-Pacific is expected to remain dominant from 2018 to 2025 in terms of revenue, followed by North America.
• The nonionic surfactants market is expected to grow at a CAGR of 5.8% during the forecast period.
• Surfactants for personal care applications is the fastest growing application in terms of revenue in the global surfactants market, with a CAGR of 6.0% from 2018 to 2025.
• China is the fastest developing region in the Asia-Pacific surfactants market, growing at a CAGR of 6.9% from 2018 to 2025.

Asia-Pacific and North America collectively contributed more than two-thirds to the market revenue in 2017. In the same year, Asia-Pacific dominated the market, in terms of revenue, owing to increased demand for surfactants in personal care and household detergent applications.

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