Specialty Surfactants Market Statistics - 2027
Surfactants are chemical compounds that lower the surface tension between two liquids or between a liquid and a solid. Specialty surfactants are surface active agents that are manufactured by using synthetic or oleochemical methods. Surfactants that are derived synthetically are produced from petroleum-based byproducts including benzene and ethylene. On the other hand, oleochemicals are derived from natural sources such as vegetable oils, palm seed oils, and coconut. Specialty surfactants play major role in cleaning, dispersing, emulsifying, foaming, and wetting agent. These chemicals have a wide area of applications in the personal care, home care, agricultural, oil & gas, and several other industries.
COVID-19 scenario analysis:
The outbreak of the COVID-19 pandemic has impacted the global specialty surfactant market to a great extent.
- Since the outbreak of the global pandemic there is a high concern about hygiene and cleanliness among the people. As a result, the demand for products such as detergents and soaps have increased drastically and consequently the demand for specialty surfactants has also increased.
- As a result of the economic slowdown caused by the pandemic, the amount of disposable income among the consumers decreased. This caused a downfall in the demand for cosmetics and personal care products across the globe and thus the demand for specialty surfactants in these industries decreased.
- Specialty surfactants have played a significant role in the production of numerous home care, agrochemical, and other products; however, the disruptions in supply chain caused by the pandemic has severely affected the market by causing a chain effect, which disrupted the usual practices.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The rapid urbanization and economic development across the globe has increased the amount of disposable income among the consumers. As a result, there is a development in the way of living of people across the globe. This has played a major role in the increase in demand for home care and personal care products like soaps and detergents and thereby the usage of specialty surfactants has increased significantly. Moreover, the rise in concerns about using bio-based products have also escalated the demand for specialty surfactants having natural origins in the market. Specialty surfactants also have a wide range of applications in the agricultural sector and are used extensively as additives in insecticides, herbicides, and pesticides. It is also used as food additives in the form of emulsifiers, solubilizing, and wetting agents in the food & beverage industry. However, the stringent regulations regarding the effects of specialty surfactants on the environment limit the market growth.
The market in the Asia-Pacific region accounts for the largest share of the global specialty surfactants market due to the rapid growth of the personal care and home care industry along with the high population density in the emerging economies such as India and China. The market in the North America and Europe regions is also expected to grow at a significant pace owing to the high need of cosmetics and personal care products along with the massive food & beverage industries in the developed economies of the region.
Key benefits of the report:
- This study presents the analytical depiction of the global specialty surfactants industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global specialty surfactants market share.
- The current market is quantitatively analyzed to highlight the global specialty surfactants market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global specialty surfactants market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Specialty Surfactants Market research report:
- What are the leading market players active in the specialty surfactants market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Specialty Surfactants Market, by Origin Report Highlights
| Aspects | Details |
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 Key Market Players | Evonik Industries AG, Arkema, Libra Speciality Chemicals Limited, BASF SE, Clariant, Procter & Gamble, Ashland, DowDuPont, Huntsman International LLC., Innospec, Stepan Company, Pilot Chemical Corp., Akzo Nobel N.V. |
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