Introduction
The abbreviation of surfactants is surface-active agents, which are amphiphilic molecules. It consists of the lyophilic (hydrophilic when in water) and lyophobic (hydrophobic when in water) portion. Both hydrophilic and hydrophobic allow the oil molecule to dissolve in water. Surfactant is used to reduce the surface tension between solid and liquid and liquid and liquid in the form of detergents, emulsifiers, wetting agents, foaming agents. They are also used in some sectors like pharmaceuticals, cosmetics, petroleum, agrochemicals, etc. constant evolution in the sectors is expected to benefit the industry over the coming years. Furthermore, almost every shampoo or soap has a surfactant even if it claims to be sulfate-free has some amount of surfactant in it as surfactant property is to clean, as it acts as a detergent and it form foam it is added in the formulation of the soap or detergent. In addition to this as surfactant is easily available and it is widely used in almost every product from pharmaceuticals to the food industry we can see potential growth in surfactant in the coming year.
Segmentation
Global surfactant market is segmented into type, application and by region. Based on type global surfactant market is categorized into anionic, non-ionic, cationic, and amphoteric. Based on application global surfactant market is characterized into home care, personal care, industrial & institutional cleaning, textile, elastomers & plastics, agrochemicals, and food & beverage. Based on region, global indium market and colors market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Market dynamics and factors
Considering surfactants availability at a low price and its extensive usage from home care to the food sector is the relevant factor to drive the growth of surfactants. In addition to this surfactants are immensely used in household detergents, so increasing the consumption of detergent will ultimately lead to driving the growth of surfactants. Additionally, surfactants are used in cosmetics also, for instance, Stearic acid is the surfactant used in deodorant or antiperspirants, cetrimonium chloride stearalkonium chloride is also a surfactant and it acts as hair conditioners, sodium lauriminodipropionate disodium lauroamphodiacetate is a surfactant and it has mild cleansing agents for sensitive skin and hair, etc. Surfactants are also naturally present in egg and milk which is used to make some foods like salad creams, mayonnaise, dressings, and desserts.
However surfactants are used in different compositions in soap and detergent it can also disturb lipid membranes that protect cells, and this may cause irritation to eyes, skin, and respiratory systems.
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Regional Analysis
North America is expected to dominate the market owing rising in higher usage of surfactants, an rise in expenditure, presence of major key players in the region, and others. Asia Pacific region had the largest laundry detergent market in the world in 2019, so we can consider Asia pacific region to be dominating in the terms of mass. Additionally North America is considered to be dominating region in the terms of value as in 2018, North America held the biggest market share in home and laundry care, valued approximately $23 billion.
Europe is considered to be the next dominating, considering supportive infrastructure and emerging urbanization in countries of European region.
Key Players
Some of the major players of global surfactant market are:
- BASF SE
- Evonik Industries AG
- Nouryon
- Ashland Global Holdings Inc.
- Stepan Company
- The Dow Chemical Company
- And others
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Key Industry Development
June, 2021: Japanese beauty giant has developed new technology to enhance the effectiveness of micellar water. The momentum of new launch was Shiseido’s development of unique state of surfactant the sponge phase. According to Shiseido the sponge phase increase the makeup removal properties of micellars water which traditionally contains almost no oil.
June, 2021: Multinational consumer goods giant Unilever has launched a laundry capsule in China created by recycling carbon emissions. In partnership with carbon recycling company LanzaTech and manufacturer of green technology-based chemicals, India Glycols, British-Dutch Company Unilever has found a way to capture carbon waste from a factory before it reaches the atmosphere and has transformed it into a cleaning ingredient (surfactant) for its new OMO detergent.
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