Pune, India -- (SBWIRE) -- 08/17/2018 -- Market Synopsis:

Surfactants lower the interfacial tension between liquids, gases, and solids and are used as wetting agents, emulsifiers, foaming agents, detergents, and dispersants. Surfactants contain both hydrophilic and hydrophobic groups.

Market Dynamics:

Growing Demand and Prosperity Of End-User Industries Are The Prime Determinants Of The Market

Surfactants find a vast array of applications in end-user industries such as pharmaceuticals, chemicals, paints and varnishes, cosmetics and others as cleaning, wetting, dispersing, emulsifying, and foaming agents. Their primary applications are in production of detergents, fabric softeners, emulsions, shampoos and conditioners, toothpaste, paints, insecticides, adhesives, plasticizer, and others. The growing demand and prosperity of end-user industries such as homecare and personal care, oil and gas, agriculture, and paints & coatings is the primary factor contributing to the growth of the market.

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Industry News

June 2017 - Stepan Company acquired the surfactant production facility of BASF in Ecatepec, Mexico. The facility has a capacity of 50,000 metric tons.

January 2017 - Swiss specialty chemicals maker Clariant AG is expected to acquire Mumbai-based chemical manufacturer Galaxy Surfactants Ltd.

Dec. 30, 2016 - Innospec Inc. completed the acquisition of the European Differentiated Surfactants business from Huntsman.

The Increasing Market Of Anionic And Specialty Surfactants Is Expected To Be the Prime Growth Driver

Surfactants are classified into four type's namely cationic surfactants, nonionic surfactants, anionic surfactants and amphoteric surfactants. The growing environmental concerns coupled with stringent government regulations to weal the market away from the cationic surfactants is driving the growth in favor of nonionic and anionic surfactants. The trend has resulted in growing demand for biosurfactants. The surge in need for anionic surfactant is expected to a market share of above 27 % during the forecast years. Moreover, the amphoteric surfactant segment is supposed to be the fastest growing segment on account of superior properties such as foam stabilization & foaming, detergency, biodegradability, and conditioning. The development of renewable non-ionic surfactants is expected to be a tremendous market opportunity.

Regional Analysis

The Asia Pacific accounts for the most significant share of the market and is expected to grow at the fastest CAGR. Growing population, increasing purchase power and economic growth are the prime drivers of the Asia Pacific region market. What the growing purchasing power and the demand for home care and personal care products in China and India have resulted in homecare application is the most extensive uses of Surfactants accounted for a market share of over 30 %. North America led by the U.S. is the second largest market, and the development of shale gas is expected to augment the demand for Surfactants.

The European region is expected to be led by Germany, France and the U.K. the Middle East and Africa region is dominated by Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.

Dominant Players

Some of the prominent players operating in the Global Surfactants Market are Huntsman Corporation (U.S.), KAO Corporation (Japan), Akzonobel N.V (Netherland), E. I. Du Pont De Nemours & Co (U.S.), Solvay (Belgium), Air Products and Chemicals, Inc (U.S.), Clariant AG (Switzerland), Evonik Industries AG (Germany), Stepan Company (U.S.), Galaxy Surfactants Ltd (India) and others.

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Segmental Analysis

To generate an accurate understanding of the Global Surfactants Market, the report is segmented into Product Type, Applications and Regions.

Based on Product Type, the market is segregated into cationic surfactants, nonionic surfactants, anionic surfactants, amphoteric surfactants, and others.

Based on Applications, the market is categorized into homecare & personal care, industrial and institutional cleaners, food processing, oil field chemicals, agricultural chemicals, textiles, emulsion polymerization, paints & coatings, building & construction, and others.

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa.