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Natural Surfactants Market 2023 - Market Size, Growth Analysis, Share, Key Trends And Forecast To 2032
Natural Surfactants Market Analysis
The Business Research Company's Natural Surfactants Global Market Report 2023 identifies increase in demand for personal care products as the major driver for the natural surfactants market's growth in the forecast period. Personal care products refer to the category of self-care products that are used for personal hygiene, cleaning, and grooming. It includes shampoos, skin moisturizers, perfumes, lipsticks, fingernails, hair colours, and others. Natural surfactants in personal care products are used to prepare various skin care products to provide detergency, wetting, emulsifying, solubilizing, and thickening of the products.
The global natural surfactants market size is expected to grow from $17.81 billion in 2022 to $18.96 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The natural surfactants market size is expected to grow to $24.28 billion in 2027 at a CAGR of 6.4%.
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Major competitors in the natural surfactants market are Akzo Nobel N V, BASF SE, The Dow Chemical Company, Croda International PLC., Huntsman Corporation, Clariant AG.
A key trend in the natural surfactants market includes product innovation. Major companies operating in the natural surfactant market are concentrating on research and development for product innovations such as Vita 100% bio-based surfactants and polyethylene glycols (PEGs) to provide low carbon footprint solutions to customers. For instance, in February 2022, Clariant AG, a Switzerland-based multinational company operating in care chemicals, catalysis, natural resources, and plastics & coatings, introduced its innovative new surfactants and PEGs Vita products. These innovative products are 100% bio-ethanol derived from sugar cane or corn to create the ethylene oxide that reduces carbon footprints in manufacturing surfactants. These products have at least 98% Renewable Carbon Index (RCI) and save up to 85% of CO2 emissions by setting new standards in sustainable surfaces and green carbon solutions for helping to restore the earth's carbon balance.
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The natural surfactants market is segmented -
1) By Product Type: Anionic Natural Surfactants (Bio-Based Surfactants), Nonionic Natural Surfactants (Bio-Based Surfactants), Cationic Natural Surfactants (Bio-Based Surfactants), Amphoteric Natural Surfactants (Bio-Based Surfactants)
2) By Application: Detergents, Personal Care, Industrial And Institutional Cleaning, Oilfield Chemicals, Agricultural Chemicals, Other Applications
3) By Sales Channel: Direct Channel, Distribution Channel
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the natural surfactants market.
The Business Research Company's "Global Natural Surfactants Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Natural Surfactants Market Include:
1. Executive Summary
2. Natural Surfactants Market Characteristics
3. Natural Surfactants Market Trends And Strategies
4. Natural Surfactants Market - Macro Economic Scenario
5. Natural Surfactants Market Size And Growth
……
26. Africa Natural Surfactants Market
27. Natural Surfactants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Natural Surfactants Market
29. Natural Surfactants Market Future Outlook and Potential Analysis
30. Appendix
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