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Natural Surfactants Market market is expected to grow at a CAGR of 6.1% during the forecasted period | Evolve Business Intelligence

11-27-2023 04:52 PM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Natural Surfactants Market market is expected to grow at a CAGR

As per the study initiated by Evolve Business Intelligence, the global Natural Surfactants Market size accounted for USD 23.1 Billion in 2023, growing at a CAGR of 6.1% from 2023 to 2033. Natural surfactants, short for surface-active agents, are compounds that lower the surface tension between two substances, such as a liquid and a solid, or between two liquids. Surfactants play a crucial role in various applications, including cleaning products, personal care items, agricultural formulations, and industrial processes. Natural surfactants are derived from renewable resources and are considered more environmentally friendly than their synthetic counterparts, which are often derived from petrochemicals.

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With increasing awareness of environmental issues, there is a growing demand for sustainable and eco-friendly products. Natural surfactants, derived from plant or animal sources, are seen as a more environmentally responsible alternative to synthetic surfactants. Stringent regulations and increasing scrutiny of the environmental impact of chemicals have led to a shift towards more sustainable and biodegradable alternatives. Natural surfactants often comply with these regulations, making them more attractive to manufacturers. Consumers are becoming more conscious of the products they use, preferring natural and organic ingredients in personal care and household items. This shift in consumer preferences has driven manufacturers to incorporate natural surfactants into their formulations.

Key Players
Some of the major Natural Surfactants Market players holding high market shares include Dora Agri-Tech, Clariant AG., Innospec Inc., and Indorama Corporation Limited. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Croda International Plc, Sanchi Organics Private Limited, Kao Corporation., Lankem Surfactants, Kensing, LLC., BASF SE

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Segmental Analysis
Based on product, the Natural Surfactants market is segmented into Anionic, Nonionic, Cationic, and Amphoteric. The largest segment of the Natural Surfactants market is anionic surfactants. Anionic surfactants are the most common type of surfactant, and they are used in a wide variety of applications, including personal care products, household cleaners, and industrial products. Anionic surfactants are derived from natural sources, such as coconut oil and palm oil. They are biodegradable and have low toxicity, making them a more environmentally friendly option than synthetic surfactants.

Based on application, the Natural Surfactants market is Personal care and cosmetics, Agriculture Chemicals, Pharmaceutical Drugs, and Others. The largest segment of the Natural Surfactants market is personal care and cosmetics. Personal care products are the most common application for natural surfactants, as they are used in a wide variety of products, such as shampoos, conditioners, soaps, lotions, and makeup. Natural surfactants are becoming increasingly popular in personal care products due to their mildness and compatibility with skin and hair. They are also perceived as being more natural and healthier than synthetic surfactants.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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