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Discovering the Surface Active Agents Market: A Look into its Growth Factors, Key Players, and Future Projection
Surface Active Agents Market
The Business Research Company's Surface Active Agents Global Market Report 2023 identifies the increase in demand for surface-active agents from various end-user industries is the major driver for the surface active agents market's growth in the forecast period. Surfactants in the food industry are used as emulsifiers, which are important for the formation and stabilization of the food structure. Moreover, there is a growing awareness of healthy food, which requires bio-surfactants with high biodegradability and lower toxicity. According to a research study on biosurfactants, production, and application prospects in the food industry in 2020, among biosurfactant-producing microorganisms, some yeasts present no risks of toxicity or pathogenicity, making them ideal for use in food formulations.
The global surface active agents market size will grow from $28.85 billion in 2022 to $30.35 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. 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 market size of global surface active agents is expected to grow from $37.94 billion in 2027 at a CAGR of 5.7%.
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Major competitors in the surface active agents market are BASF SE, Clariant, Akzo Nobel N.V. (The Netherlands), Air Products and Chemicals (U.S.), E. I. DuPont de Nemours & Co. (U.S.), Kao Corporation, Stepan Company.
A key trend in the surface active agents market includes adopting concentrated detergents. Companies are developing concentrated detergents that can save as much as 45 million gallons of water per year and also require less plastic for packaging and make transportation more energy-efficient. For example, Sokalan HP 20 improves the dissolution of the surfactants into the liquid, providing a 30%-50% reduction in cold-water dissolution time.
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The surface active agents market is segmented -
1) By Product Type: Non-Ionic Surfactants, Anionic Surfactants, Amphoteric Surfactants, Cationic Surfactants
2) By Substrate: Synthetic, Bio-Based
3) By Application: Household Detergent, Personal Care, Industrial & Institutional Cleaner, Food Processing, Oilfield Chemical, Agricultural Chemical, Textile, Plastic, Paint & Coating, Adhesive and Other Applications
4) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the surface active agents market.
The Business Research Company's "Global Surface Active Agents 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 Surface Active Agents Market Include:
1. Executive Summary
2. Surface Active Agents Market Characteristic
3. Surface Active Agents Market Trends And Strategies
4. Surface Active Agents Market - Macro Economic Scenario
5. Surface Active Agents Market Size And Growth
……………
27. Surface Active Agents Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Surface Active Agents Market
29. Surface Active Agents Market Future Outlook And Potential Analysis
30. Appendix
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