Surfactants Global Market – Overview
Surfactants, also called as surface active agents are organic compounds with at least one lyophilic or solvent-loving group and one lyophobic or solvent-fearing group in the molecule. If the solvent in which the surfactant is to be used is water or an aqueous solution, then the respective terms ‘hydrophilic’ and ‘hydrophobic’ are used. In the simplest terms, a surfactant contains at least one non-polar group and one polar (or ionic) group and is represented in a somewhat stylized.
Surfactants has found numerous application such as in Household detergents , Toiletries/personal care, Industrial and institutional cleaning, Textiles, Pulp and paper, and in Others including polymers, paints and coating, leather, oil field chemicals, agro-chemical formulations, etc. Surfactants are gaining huge traction in the current time, owing to its wide range of applicability especially, and its huge demand in the industrial applications.
According to a recent study report published by the Market Research Future, The Global Surfactants Market has increased its market growth in recent years and is expected to grow at a rapid pace during the forecasted period. The global market of Surfactants is forecasted to witness a thriving growth by 2021, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2021).
The global surfactants market has seen a tremendous growth over the past decade due to its huge demand in the industrial applications and it has been anticipated that the global market will retain this position during the forecast period. This market is mainly driven by the increasing demand coming from its application industries. The other major key driver could be considered as availability of broad range of surfactants at lower price, huge demand from household segment, increasing demand for personal care products. However stringent regulations against the use of synthetic surfactants may pose as a challenge to the growth of the overall surfactants market
The low crude oil prices in 2015 could not move the surfactant producers to switch to synthetic. Volatile crude oil prices continue to affect the cost-competitiveness of the surfactants value chain and the interplay between oleochemical and petrochemical routes. Indeed, the prices of fats and oils have also declined in 2015—however, not to the same extent as for crude oil.
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Surfactants Global Market – Key Players
The structure of the surfactant supply industry is stratified and complex. It consists of large surfactant manufacturers that produce surfactant raw materials, surfactant producers without a raw material position that typically modify basic surfactants by sulfonation or ethoxylation, smaller specialty surfactant producers and/or formulators and end users that are often focused on specific industries. As synthetic surfactants account for the major share, the market players are gradually shifting to green and bio-based surfactants.
Major players in global surfactants industry are adopting acquisition, agreement, certification, contract, expansion, investment, joint venture, partnership, product launch, and innovation among others as their key business strategies to sustain in the competitive market. The key strategies adopted by the leading market players are expansion and product launch.
Profiled in MRFR Analysis, some of the leading market players in the global surfactants market include BASF, KAO CORPORATION, CLARIANT, P&G Chemicals, LION Corporation, Evonik Industries, Dow Chemical, Stepan Company, Huntsman Corporation, and Akzo Nobel N.V.
Surfactants Global Market – Synopsis
Surfactant industry’s concern for the environment is ever prevailing. This concern ranges all the way from the impact of crude oil supply and demand to the environmental impact of chemicals, energy usage and conservation of resources. The interest in the numerous uses of products by both governmental organizations and consumers has heightened environmental interests and created a growing trend in more stringent environmental regulations impacting surfactants.
To satisfy requirements for the front loading home laundry machines along with lower wash temperatures, surfactants for laundry detergents will have to demonstrate low foaming in horizontal-axis machines, be more easily rinsed due to cooler wash temperatures, and provide reduced redeposition of soils with lower volumes of water. The biodegradability of any new surfactant also has to be considered. In reformulating detergents for cold water, a product requires a surfactant system that solubilizes oily soils in cold water as well as proteases and carbohydrases (enzymes) that work on insoluble dirt residues in cold water.
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Surfactants Global Market – Regional Analysis
Geographically, Asia-Pacific is expected to be the largest market in terms of consumption followed by North America and Europe. India and China are the largest markets for surfactants in the world.
The U.S. surfactant market is extremely diverse and includes many primary product manufacturing industries and segments which are described in this report. Surfactants are used in formulated products to provide optimum performance.
The largest end use market for surfactants is household cleaning detergents. These are comprised of large volume, lower priced laundry and dishwashing detergent commodity products that account for roughly one-half of the U.S. surfactant market. “Specialty surfactants” are higher-priced, low-volume products used in a broad range of industrial and personal care market applications with an exponential annual demand in the total US surfactant market.
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