Report Code: A10825 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
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Surfactants are chemical compounds that reduce the surface tension between molecules of liquids or gases. Silicone surfactants are organic compounds manufactured from benzene, ethylene, and other oleo-chemical compounds such as palm oil or coconut oil. These chemicals have superior dispersion and emulsification properties and have a wide range of applications in various personal care products and paints and coatings.
COVID-19 scenario analysis:
The outbreak of the COVID-19 pandemic has severely affected the growth of the global silicone surfactants market.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
One of the major factors driving the growth of the silicone surfactants market is its extensive use in the personal care sector. The rapid urbanization across the globe has led to an increase in disposable income among the consumers. This has caused an escalating demand for products such as detergents, soaps, shaving creams, and other personal care products and thereby driving the demand for silicone surfactants as an emulsifying and wetting agent in the market. Moreover, silicone surfactants are also extensively used in the pharmaceutical sector in the formation of tablets and capsules and also in various ointments. Because of its superior dispersion capabilities, silicone surfactants are also used as new varnishes and paints & coatings, which have a wide area of applications in the construction industries. Furthermore, the attractive investments and elaborate research and development by the major companies are expected to drive the growth of the global silicone surfactant market in the near future. However, the stringent government regulations on the harsh environmental effects of silicon surfactants along with the introduction of several bio-surfactants limit the market growth.
The market in the Asia-Pacific region accounts for a significant share of the global silicone surfactants market because of the high population density and the surge in demand for personal care products in the region.
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Questions answered in the Silicone Surfactants Market research report:
Silicone Surfactants Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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By End-use Industry |
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Key Market Players | Jiangsu Maysta Chemical, Momentive Performance Materials, Supreme Silicones, Wacker Chemie AG, Innospec, Dow, Evonik Industries, Silibase Silicone, Siltech Corporation, Shin-Etsu Chemical Co., Ltd |
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