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Amphoteric Surfactants Market Report 2024: Strategies And Recent Developments
Amphoteric Surfactants Market
The Business Research Company offers in-depth market insights through Amphoteric Surfactants Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The amphoteric surfactants market size has grown strongly in recent years. It will grow from $4.11 billion in 2023 to $4.43 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to growth in personal care industry, rising awareness of sustainable products, increased use in home care products, advancements in formulation chemistry, increase in consumer spending..
The amphoteric surfactants market size is expected to see strong growth in the next few years. It will grow to $6.14 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to rise in demand for green products, growing popularity of natural cosmetics, demand for high-performance textile softeners, focus on sustainable agriculture, expansion of specialty shampoo market.. Major trends in the forecast period include customized formulations for specific applications, focus on biodegradability and sustainability, r&d for improved performance, regulatory compliance and safety standards, partnerships and collaborations..
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Market Segmentation:
The amphoteric surfactants market covered in this report is segmented -
1) By Product: Betaine, Amine Oxide, Amphoacetate, Amphopropionates, Sultaines
2) By Source: Synthetic, Natural
3) By Application: Personal Care, Home Care, Oilfield Chemicals, Agrochemicals
Major Driver - Hygiene Revolution Fueling Global Growth In The Amphoteric Surfactants Market
Rising awareness regarding hygiene and personal health is expected to propel the growth of the amphoteric surfactants market. Personal hygiene refers to how a person cares for their body. The pandemic has raised safety and hygiene concerns, leading to increased consumption of personal care products worldwide and boosting the global demand for amphoteric surfactants. Furthermore, the economy's rise and disposable income are progressing the demand for hygiene and personal care products. For instance, a report from the Centers for Disease Control and Prevention, US national public health organization, estimates that 70% of people worldwide used essential hygiene services in 2020. Additionally, according to a report published by US Centers for Medicare & Medicaid Services (CMS), national health spending is expected to rise at an average annual rate of 5.4% for 2019-2028. Therefore, the rising awareness of hygiene and personal care will drive the amphoteric surfactant market.
Competitive Landscape:
Major companies operating in the amphoteric surfactants market report are BASF SE, Clariant International Ltd., Croda International plc, Evonik Industries AG, Lonza Group Ltd., The Lubrizol Corporation, Stepan Company, Oxiteno S.A. Industria e Comercio, Solvay SA, Pilot Chemical Company, Huntsman Corporation, The Dow Chemical Company, DuPont de Nemours Inc., EOC Group, Kao Corporation, Akzo Nobel N.V., Colonial Chemical Inc., Inolex Inc., Sasol Ltd., NOF Corporation, Kuala Lumpur Kepong Berhad group, Stockmeier Group, Galaxy Surfactants Ltd., Enaspol AS, Jarchem Industries Inc., Miwon Commercial Co. Ltd., Sino-Japan Chemical Co. Ltd., Zschimmer & Schwarz GmbH & Co. KG, Lubrizol Advanced Materials Inc., KCI Limited, Shanghai Fine Chemical Co. Ltd., Guangzhou DX Chemical Co. Ltd.
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Top Trend - Innovative Frontiers The Rise Of Sustainable Bio-Based Amphoteric Surfactants In Market Leadership
Product innovations are a key trend gaining popularity in the amphoteric surfactants market. Major companies operating in the amphoteric substance market are investing in research and development activities to innovate sustainable bio-based surfactants to gain a competitive edge in the market. For instance, in March 2022, BASF, a Germany-based chemical company, launched Plantapon Soy, a bio-based anionic surfactant derived from soy protein that provides sustainability benefits. It is made from non-GMO soybeans and coconut oil and is suitable for vegan formulations and natural cosmetic standards.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Amphoteric Surfactants Market Characteristics
3. Amphoteric Surfactants Market Trends And Strategies
4. Amphoteric Surfactants Market - Macro Economic Scenario
5. Amphoteric Surfactants Market Size And Growth
…..
27. Amphoteric Surfactants Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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