Market Research Report
Global Surfactant Market - Analysis By Type (Anionic, Non-ionic, Cationic, Amphoteric), By Application, By Region, By Country (2020 Edition): Market Insights, COVID-19, Implications, Competition and Forecast (2020-2025)
|Published by||Azoth Analytics||Product code||945432|
|Published||Content info||190 Pages
Delivery time: 2-3 business days
|Global Surfactant Market - Analysis By Type (Anionic, Non-ionic, Cationic, Amphoteric), By Application, By Region, By Country (2020 Edition): Market Insights, COVID-19, Implications, Competition and Forecast (2020-2025)|
|Published: June 30, 2020||Content info: 190 Pages||
Global Surfactant Market was valued at USD 38198.5 million in the year 2019. The increase in the number of well-informed customer base, rise in personal hygiene and cleanliness awareness worldwide, changing lifestyle, inclination towards self-grooming, increase in purchasing power, augmented spending on skin care, hair care, oral care and home care products are some of the factors driving the market and anticipated to infuse growth in the market for surfactant during the forecast period of 2020-2025.
Anionic Surfactants are anticipated to grow as it has high foam, dirt removal and excellent dispersing and emulsifying properties due to which it pick up footing because of the substantial upliftment in demand driven by the equal development in end use applications such as home care, building and development, pharmaceuticals, agriculture, oil and gas industry and some more industries. Therefore, anionic surfactants are expected to grow further in the market. Furthermore, the contagion positioned huge awareness and importance of personal hygiene and cleanliness of home care, institutional and industrial cleaning all over the world due to which the demand for detergents, hand wash, soaps, sanitizers have risen tremendously, thereby facilitating market of surfactants.
On the basis of Application, Personal Care segment is anticipated to witness the highest growth owing to entrance of new shoppers in the mass items segments and up-gradation of existing clients from mass to masstige and from masstige to renowned or prestige items that consists of various skin care, hair care and oral care items. In all cases, the demand for the items will enhance and accelerate the market growth of surfactants. Furthermore, the rise in demand for different personal care items, for instance, child care items, haircare, gels, creams, and skincare products are driving the development of the personal care fragment in the worldwide market. Moreover, expanding eco-accommodating individual care items as a result of rising mindfulness among people is additionally a factor supporting the development of this segment. Furthermore, rising grooming awareness in the most populous countries like India and China will be driving the demand for surfactants.
Among the regions, Asia Pacific region is the most attractive region for the growth of surfactants industry owing to large young aspirational population base coupled with increasing disposable income who have begun investing in personal care products due to increased level of emphasis on their physical appearances and longing to look better or appealing.