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Low Foam Surfactants Market Size, Share, Growth, Trends, Analysis, Industry Statistics, Report and Forecast 2023-2028
Low Foam Surfactants Market
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The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028): 6.0%
The increasing application of low foam surfactants in the textile industry as antistatic and softening agents is driving the market. Low foam surfactants are crucial in textile manufacturing processes such as scouring, lubrication, dyeing. Meanwhile, the increasing demand for low foam surfactants from home and personal care sector owing to the increasing hygienic awareness and rising standards of living is further boosting the market growth.
In terms of region, the Asia Pacific region accounts for a significant share of the market owing to the heavy presence of major manufacturers in the region. In addition, the increasing expansion of the commercial sector is generating a significant demand for the product.
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Low Foam Surfactants Industry Definition and Major Segments
Low foam surfactants are the non-ionic surfactants which are used in mild alkaline cleaners. The level of alkoxylation and alkyl chains are altered in these surfactants and exhibit quick wetting qualities. These surfactants are available in liquid form and are used as cleaning agents in a variety of industries.
On the basis of type, the market can be segmented into:
Non-Ionic
Cationic
Amphoteric
Based on application, the market has been segmented into:
Home and Personal Care
Agrochemicals
Oil Field Chemicals
Textiles
Others
The regional markets for low foam surfactants include:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Low Foam Surfactants Market Trends
The key trends in the low foam surfactants market include the thriving e-commerce industry which is boosting the sales of low foam surfactants. Over the forecast period, the door-step-delivery and attractive discounts on bulk ordering of low foam surfactants are likely to bolster the demand from both industrial and commercial sector.
Meanwhile, the growing research and development activities aimed towards producing superior quality low foam surfactants with improved lubricity and cleaning capabilities, along with innovative fragrances and skin-friendly properties, are anticipated to be the crucial trends in the market. Moreover, the rapid urbanisation and rising disposable income of the working-class population are the key driving trends of the market.
Key Market Players
The major players in the market are Clariant International Ltd, Evonik Industries AG, Croda International PLC, Stepan Company, Huntsman International LLC, and Kao Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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