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31 AUG 2018: Cairn Oil and Gas have plans to invest more than double to its crude oil production in the next three-four years. With an investment of US $2.5 bn, they plan to produce 200,000 barrels of crude oil per day from the Aishwarya, Bhagyam, and Mangala, oil fields in Rajasthan, India.
12 SEP 2018: China National Petroleum Corporation (CNPC) and Gazprom Neft have entered into a technical partnership at the Eastern Economic Forum. One of the key objectives of this partnership is to develop and adopt advanced techniques to increase oil recovery, including polymer and surfactant flooding.
Updated Key Business Players
The key players in the Global Polymeric Surfactant Market into Akzo Nobel N.V (Netherlands), BASF SE (Germany), Croda International PLC (UK), DAI-ICHI (Japan), Dow Chemical Company (USA), Evonik Industries AG (Germany), Huntsman International LLC (USA), Kao Corporation (Japan), Stepan Company (USA), and Unitop Chemicals Pvt. Ltd (India).
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Polymeric Surfactants or surface active polymers are produced with the combination of one or more macromolecular structure possessing hydrophilic and lipophilic monomer unit. Market Research Future (MRFR) has published a research report about the Global Polymeric Surfactants Market that estimates expansion for this market between 2016 and 2023. Analyzing the market structure, this report evaluates the future growth potential of the market. It analyzes the strategies of the key players in the market and follows the competitive developments such as current government regulatory requirements, joint ventures, new product developments, mergers and acquisitions, patents & technologies, research and developments (R & D) in the market.
The key factors driving the Global Polymeric Surfactant Market Include higher disposable income to spend more on luxuries such as expensive personal care products, increase in industrialization, rise in detergent demand for industrial cleaning purpose & for the household purpose, and rise in middle-class population. However, some factors can constrain the growth of a Global Polymeric Surfactants Market that includes strict regulations for personal care products by different government organization such as China Food and Drug Administration (CFFD), Consumer Product Safety Commission, European Commission Cosmetic Directive (ECCD), and Food and Drug Administration (FDA). Another factor that is likely to hurt the market growth is regarding eye irritation and skin irritation caused by increasing usage of Synthetic Surfactant in personal care products.
The Global Polymeric Surfactant Market has been segmented on the basis of Application, Configuration, End Use, Types, and Region. The application-based segmentation segments this market into ceramics & detergent, dyestuffs, emulsions, inks, oilfield chemicals, paper coating, and others. Based on Configuration, the market has been segmented into block and graft. Based on End Use, the market has been segmented into agrochemicals, cosmetics & personal care, food, oil & gas, paints & coatings, pharmaceuticals, and others. By types, the market has been segmented into natural and synthetic.
The regional segmentation of the Global Polymeric Surfactant Market segments the market into regional markets like North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA). During the forecast period, the demand for dispersants, resins, and wetting agents,in emulsion polymerization has been estimated to rise globally. North America is the most technologically advanced market. Many key market players are based in this region. Most of them are operating in the United States of America (USA). Canada is the other most country-specific market in this region.
Europe is big but limited market due to the high density of population; government aided research regarding innovation of eco-friendly products, the presence of many key industry players, and due to strict regulations for personal care products by a different government organization. The cream of market revenue in this regions comes from region-specific markets that are France, Germany, Italy, Spain, and the United Kingdom (UK).
In Latin America, the market is not as big as North America, but it is significant. The key country-specific markets in this region are Argentina and Brazil, followed by the rest of Latin America. In the MEA region, the market is limited. The common factors stunting the market growth in this region are lack of awareness, lack of education, lack of technological development, and political instability. The other important country-specific markets in this region are Bahrain, Israel, North Africa, Oman, Qatar, Saudi Arabia, Turkey, and United Arab Emirates (UAE), followed by the rest of the MEA region.
During the forecast period, Asia Pacific is expected to emerge as the fastest growing market for polymeric surfactants due to rising demand from personal care and home care products. The market is significantly growing in this region because of ongoing enhanced oil recovery projects in China and India. The other important country-specific markets in this region are Australia, Japan, and New Zealand, followed by the rest of the Asia Pacific region. Oil & gas industry has the highest demand for polymeric surfactants in this region. The key drivers driving the Asia Pacific market are growth in urban population, rising consumer awareness regarding health & hygiene, and rising usage of dispersants in agrochemicals, paints and pigments industries.
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