Specialty surfactants Market Outlook

The global Specialty Surfactant Industry is slated to accrue high dividends during the forecast period due to the growth in the personal care sector. The use of these agents in soaps and detergents due to their foaming and viscosity can bode well for the market. Moreover, advantages of cost and synergistic cleaning over conventional products can fuel the market demand over the assessment period. The use of these agents in household cleaning solutions over powder forms due to popularity of liquid detergents can drive the global specialty surfactant market growth. Low prices of synthetic agents, easy accessibility, and high disposable income levels of customers are other major market drivers. The large potential within the food processing sector by enhancing the properties of food additives to be included in baked goods can bolster the market growth.

But regulations on production processes, pollution control, and biodegradability can hamper the market growth. But development of bio-based surfactants can resurge the market effectively.

Competitive Analysis

Huntsman International LLC
Clariant
DowDuPont
BASF SE
Libra Speciality Chemicals Limited
GEO
Evonik Industries AG
Arkema
Innospec
Pilot Chemical Corp.
Akzo Nobel N.V.
Stepan Company
Procter & Gamble
Ashland
and others.

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Segmentation Analysis

The global specialty surfactant market is segmented by type, application, and end-use industry.

By type, it is segmented into anionic surfactants, non-ionic surfactants, amphoteric surfactants, cationic surfactants, and others.

By application, it is segmented into emulsifiers, dispersants, wetting agents foaming agents, stabilizers, and others.

By end-use industry, it is segmented into food & beverage, oil and gas, agriculture, paints and coatings, personal care, and others.

Regional Analysis

Latin America, Asia Pacific (APAC), North America, the Middle East & Africa (MEA), and Europe are regions taken into consideration in the compilation of the global specialty surfactant market report.

The APAC region had the lion’s share of the market in 2017 due to the expansion of the personal care sector. The large population in China and India as well as the large set of people in the enviable demographic between 20-30 years can fuel the demand for specialty surfactants. The scope of detergents, washing powder, and soaps due to increasing awareness of hygiene can work in favor of the market.

North America is a large market for specialty surfactants due to the demand for oleochemicals derived from natural sources. Various applications in the chemical sector and need for bio-based solutions as viable replacements for petroleum-derived products can drive the regional market for specialty surfactants. The need for bio-based surfactants in Mexico, Canada, and the U.S. provide abundant scope for the global market to expand successfully into new ventures.

The Europe Specialty Surfactant Market Value Chain Analysis is likely to expand due to rising awareness of consumers of bio-based surfactants which are less toxic compared to their counterparts. High demand for personal care products can drive the regional demand exponentially.

Latin America is likely to exhibit a stellar growth rate during the forecast period due to positive industrial growth witnessed in Brazil and other neighboring economies. Lastly, the MEA region can register a commendable growth rate due to applications of drilling, acidization, enhanced oil recovery (EOR), and fracturing.

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