PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1159484
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1159484
Silicone Surfactants Market Forecasts to 2028 - Global Analysis By Application (Wetting Agents, Defoaming Agents, Foaming Agent and Other Applications), By End User (Construction, Personal Care, Paints & Coatings and Other End Users) and Geography
According to Stratistics MRC, the Global Silicone Surfactants Market is accounted for $2.18 billion in 2022 and is expected to reach $3.27 billion by 2028 growing at a CAGR of 7.0% during the forecast period. Silicone surfactants, also known as surface active elements, are primarily organic compounds derived from petrochemical raw materials like benzene and ethylene, as well as oleochemical raw materials like palm oil or coconut oil. Personal care products, coatings and paints, and emulsion polymerization are among the many applications for which they are widely used. Because of their use in the cosmetics industry, silicone surfactants are in high demand. Personal grooming and care have grown in importance in people's lives. This is increasing demand for cosmetics.
According to the Indian Brand Equity Foundation, the total food grain production was pegged at 284.83 million tons in 2018. Growing agricultural production is expected to drive the global silicone surfactant market forward.
Market Dynamics:
Driver:
Increase in Demand from Personal Care Product Manufacturers
The growing demand for personal care product manufacturing is driving up the demand for hair care, grooming, and skincare formulations. Natural products are a major trend in the personal care industry. Cosmetics and personal care products to improve skin condition and give a healthier-looking appearance, as well as increased cosmetics consumption due to consumers' improved lifestyles have increased product demand. Furthermore, as consumers have become more aware of the ingredients in the products they apply to their skin and use in their homes, natural surfactants in cosmetics have improved the integrity and performance of cosmetic formulations. Customers are willing to pay a premium for natural and organic cosmetic and skin care products. This increases demand for these surfactants, driving the market.
Restrain:
High costs associated with silicone surfactants
The high cost of silicone surfactants is a major impediment to the growth of the silicone surfactant market. Because silicone is used in emulsions, the silicone surfactant industry has encountered a number of environmental challenges. The silicone surfactants used in the emulsion also end up in the wash water. Because of their wastewater streams and sewer issues, silicone surfactant emulsion producers struggle to meet environmental standards, putting a damper on the silicone surfactants industry.
Opportunity:
Constant focus on R&D
Manufacturers' constant focus on research and development to create innovative products is assisting in the growth of the global silicone surfactants market. Silicone surfactants have recently been shown to improve the efficiency of microemulsions. Such discoveries were only possible as a result of systematic studies on its phase behaviour, which also provided knowledge of large molecule self-assembly. These findings are expected to be useful in the manufacture of nanostructured materials, which will create revenue opportunities for players during the forecast period in the global market.
Threat:
Availability of Alternatives
The availability of cheaper alternatives is the primary market restraint for the global market. Synthetic surfactants are simple to make and have readily available raw materials. As a result, they are available at lower prices to a variety of end-use industries. Several small and medium-sized personal care manufacturers are expanding. Government approval is a time-consuming and expensive. Furthermore, the manufacturer must consider environmental effects and deforestation as side effects of producing plant-based surfactants, which will have an impact on market growth.
COVID-19 Impact
The COVID-19 pandemic has made a significant impact on the raw material supply chain for silicone manufacturers, resulting in decreased product demand. Furthermore, disruptions in construction activities had an impact on the market, where the product is used as an additive in polyurethane foam, which provides insulation to structures. This shutdown and halt in construction activities resulted in a decrease in polyurethane foam consumption, which led to a decrease in the use of silicone surfactants in this industry. However, rising detergents and the soap industry boosted the silicone surfactants market, as consumers took precautionary measures to keep their homes clean during the lockdown. The use of polyurethane foam for insulation has boosted the healthcare industry.
The Emulsifiers segment is expected to be the largest during the forecast period
During the forecast period, the emulsifiers segment is expected to be the largest due to rising demand for emulsifiers from the personal care, construction, and paints & coatings end-use industries. The increasing use of emulsifiers in cosmetics and personal care products has also aided the growth. Emulsifiers are used to stabilise polyurethane foam; thus, the expansion of the polyurethane foam market is expected to fuel the expansion of emulsifiers in the silicone surfactants market.
The Personal Care segment is expected to have the highest CAGR during the forecast period
During the forecast period, the personal care segment is expected to register the highest CAGR owing to increasing demand for silicone surfactants in applications such as skincare, haircare, and personal hygiene products. Moreover, rising demand for non-hazardous ingredients in personal care products is expected to fuel the growth of silicone surfactants in the personal care industry.
Region with largest share:
During the forecast period, Asia Pacific is expected to register the largest share in the market, owing to an increase in demand for silicone surfactants in the personal care, construction, textile, paints & coatings, and agriculture end-use industries, particularly in China and India. As the region has emerged as a manufacturing hub, Asia Pacific has attracted many international and regional players for FDI. The availability of raw materials and cheap labour has aided in the achievement of cost-effective bulk production in less time. Furthermore, favourable government initiatives and a favourable policy framework are expected to drive regional demand for silicone surfactants.
Region with highest CAGR:
The North America region is expected to grow significantly and is expected to register the highest CAGR growth during the forecast period, owing to well-established end-use industries supported by rapid industrialization and increasing applications such as silicone surfactants in the region's automotive industry. Additionally, rising disposable income in the region is driving product usage in new applications such as agriculture and personal care, fueling market growth.
Key players in the market
Some of the key players profiled in the Silicone Surfactants Market include Wacker Chemie AG, Shin-Etsu Chemical, Supreme Silicones, Siltech Corporation, Evonik Industries AG, Dow Corning Corporation, Momentive Performance Materials Inc., Innospec Inc., ShinEtsu Chemical Co., Ltd., Siltech Corporation, Ele Corporation, Elkem ASA, Silibase Silicone New Material Manufacturer Co., Ltd., Elkay Chemicals Pvt. Ltd. and Harcros Chemicals Inc.
Key Developments:
In March 2022, Dow announced a new product extension of VORASURF Silicone Surfactants to support the growing demand for enhanced energy efficiency and sustainable solutions in the rigid polyurethane foam market, focusing on spray and construction applications
Applications Covered:
- Wetting Agents
- Defoaming Agents
- Foaming Agents
- Emulsifiers
- Dispersants
- Other Applications
End Users Covered:
- Construction
- Personal Care
- Paints & Coatings
- Textile
- Agriculture
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Silicone Surfactants Market, By Application
- 5.1 Introduction
- 5.2 Wetting Agents
- 5.3 Defoaming Agents
- 5.4 Foaming Agents
- 5.5 Emulsifiers
- 5.6 Dispersants
- 5.7 Other Applications
6 Global Silicone Surfactants Market, By End User
- 6.1 Introduction
- 6.2 Construction
- 6.3 Personal Care
- 6.4 Paints & Coatings
- 6.5 Textile
- 6.6 Agriculture
- 6.7 Other End Users
7 Global Silicone Surfactants Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 Wacker Chemie AG
- 9.2 Shin-Etsu Chemical
- 9.3 Supreme Silicones
- 9.4 Siltech Corporation
- 9.5 Evonik Industries AG
- 9.6 Dow Corning Corporation
- 9.7 Momentive Performance Materials Inc.
- 9.8 Innospec Inc.
- 9.9 ShinEtsu Chemical Co., Ltd.
- 9.10 Siltech Corporation
- 9.11 Ele Corporation
- 9.12 Elkem ASA
- 9.13 Silibase Silicone New Material Manufacturer Co., Ltd.
- 9.14 Elkay Chemicals Pvt. Ltd.
- 9.15 Harcros Chemicals Inc.
List of Tables
- Table 1 Global Silicone Surfactants Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Silicone Surfactants Market Outlook, By Application (2020-2028) ($MN)
- Table 3 Global Silicone Surfactants Market Outlook, By Wetting Agents (2020-2028) ($MN)
- Table 4 Global Silicone Surfactants Market Outlook, By Defoaming Agents (2020-2028) ($MN)
- Table 5 Global Silicone Surfactants Market Outlook, By Foaming Agents (2020-2028) ($MN)
- Table 6 Global Silicone Surfactants Market Outlook, By Emulsifiers (2020-2028) ($MN)
- Table 7 Global Silicone Surfactants Market Outlook, By Dispersants (2020-2028) ($MN)
- Table 8 Global Silicone Surfactants Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 9 Global Silicone Surfactants Market Outlook, By End User (2020-2028) ($MN)
- Table 10 Global Silicone Surfactants Market Outlook, By Construction (2020-2028) ($MN)
- Table 11 Global Silicone Surfactants Market Outlook, By Personal Care (2020-2028) ($MN)
- Table 12 Global Silicone Surfactants Market Outlook, By Paints & Coatings (2020-2028) ($MN)
- Table 13 Global Silicone Surfactants Market Outlook, By Textile (2020-2028) ($MN)
- Table 14 Global Silicone Surfactants Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 15 Global Silicone Surfactants Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 16 North America Silicone Surfactants Market Outlook, By Country (2020-2028) ($MN)
- Table 17 North America Silicone Surfactants Market Outlook, By Application (2020-2028) ($MN)
- Table 18 North America Silicone Surfactants Market Outlook, By Wetting Agents (2020-2028) ($MN)
- Table 19 North America Silicone Surfactants Market Outlook, By Defoaming Agents (2020-2028) ($MN)
- Table 20 North America Silicone Surfactants Market Outlook, By Foaming Agents (2020-2028) ($MN)
- Table 21 North America Silicone Surfactants Market Outlook, By Emulsifiers (2020-2028) ($MN)
- Table 22 North America Silicone Surfactants Market Outlook, By Dispersants (2020-2028) ($MN)
- Table 23 North America Silicone Surfactants Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 24 North America Silicone Surfactants Market Outlook, By End User (2020-2028) ($MN)
- Table 25 North America Silicone Surfactants Market Outlook, By Construction (2020-2028) ($MN)
- Table 26 North America Silicone Surfactants Market Outlook, By Personal Care (2020-2028) ($MN)
- Table 27 North America Silicone Surfactants Market Outlook, By Paints & Coatings (2020-2028) ($MN)
- Table 28 North America Silicone Surfactants Market Outlook, By Textile (2020-2028) ($MN)
- Table 29 North America Silicone Surfactants Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 30 North America Silicone Surfactants Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 31 Europe Silicone Surfactants Market Outlook, By Country (2020-2028) ($MN)
- Table 32 Europe Silicone Surfactants Market Outlook, By Application (2020-2028) ($MN)
- Table 33 Europe Silicone Surfactants Market Outlook, By Wetting Agents (2020-2028) ($MN)
- Table 34 Europe Silicone Surfactants Market Outlook, By Defoaming Agents (2020-2028) ($MN)
- Table 35 Europe Silicone Surfactants Market Outlook, By Foaming Agents (2020-2028) ($MN)
- Table 36 Europe Silicone Surfactants Market Outlook, By Emulsifiers (2020-2028) ($MN)
- Table 37 Europe Silicone Surfactants Market Outlook, By Dispersants (2020-2028) ($MN)
- Table 38 Europe Silicone Surfactants Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 39 Europe Silicone Surfactants Market Outlook, By End User (2020-2028) ($MN)
- Table 40 Europe Silicone Surfactants Market Outlook, By Construction (2020-2028) ($MN)
- Table 41 Europe Silicone Surfactants Market Outlook, By Personal Care (2020-2028) ($MN)
- Table 42 Europe Silicone Surfactants Market Outlook, By Paints & Coatings (2020-2028) ($MN)
- Table 43 Europe Silicone Surfactants Market Outlook, By Textile (2020-2028) ($MN)
- Table 44 Europe Silicone Surfactants Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 45 Europe Silicone Surfactants Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 46 Asia Pacific Silicone Surfactants Market Outlook, By Country (2020-2028) ($MN)
- Table 47 Asia Pacific Silicone Surfactants Market Outlook, By Application (2020-2028) ($MN)
- Table 48 Asia Pacific Silicone Surfactants Market Outlook, By Wetting Agents (2020-2028) ($MN)
- Table 49 Asia Pacific Silicone Surfactants Market Outlook, By Defoaming Agents (2020-2028) ($MN)
- Table 50 Asia Pacific Silicone Surfactants Market Outlook, By Foaming Agents (2020-2028) ($MN)
- Table 51 Asia Pacific Silicone Surfactants Market Outlook, By Emulsifiers (2020-2028) ($MN)
- Table 52 Asia Pacific Silicone Surfactants Market Outlook, By Dispersants (2020-2028) ($MN)
- Table 53 Asia Pacific Silicone Surfactants Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 54 Asia Pacific Silicone Surfactants Market Outlook, By End User (2020-2028) ($MN)
- Table 55 Asia Pacific Silicone Surfactants Market Outlook, By Construction (2020-2028) ($MN)
- Table 56 Asia Pacific Silicone Surfactants Market Outlook, By Personal Care (2020-2028) ($MN)
- Table 57 Asia Pacific Silicone Surfactants Market Outlook, By Paints & Coatings (2020-2028) ($MN)
- Table 58 Asia Pacific Silicone Surfactants Market Outlook, By Textile (2020-2028) ($MN)
- Table 59 Asia Pacific Silicone Surfactants Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 60 Asia Pacific Silicone Surfactants Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 61 South America Silicone Surfactants Market Outlook, By Country (2020-2028) ($MN)
- Table 62 South America Silicone Surfactants Market Outlook, By Application (2020-2028) ($MN)
- Table 63 South America Silicone Surfactants Market Outlook, By Wetting Agents (2020-2028) ($MN)
- Table 64 South America Silicone Surfactants Market Outlook, By Defoaming Agents (2020-2028) ($MN)
- Table 65 South America Silicone Surfactants Market Outlook, By Foaming Agents (2020-2028) ($MN)
- Table 66 South America Silicone Surfactants Market Outlook, By Emulsifiers (2020-2028) ($MN)
- Table 67 South America Silicone Surfactants Market Outlook, By Dispersants (2020-2028) ($MN)
- Table 68 South America Silicone Surfactants Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 69 South America Silicone Surfactants Market Outlook, By End User (2020-2028) ($MN)
- Table 70 South America Silicone Surfactants Market Outlook, By Construction (2020-2028) ($MN)
- Table 71 South America Silicone Surfactants Market Outlook, By Personal Care (2020-2028) ($MN)
- Table 72 South America Silicone Surfactants Market Outlook, By Paints & Coatings (2020-2028) ($MN)
- Table 73 South America Silicone Surfactants Market Outlook, By Textile (2020-2028) ($MN)
- Table 74 South America Silicone Surfactants Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 75 South America Silicone Surfactants Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 76 Middle East & Africa Silicone Surfactants Market Outlook, By Country (2020-2028) ($MN)
- Table 77 Middle East & Africa Silicone Surfactants Market Outlook, By Application (2020-2028) ($MN)
- Table 78 Middle East & Africa Silicone Surfactants Market Outlook, By Wetting Agents (2020-2028) ($MN)
- Table 79 Middle East & Africa Silicone Surfactants Market Outlook, By Defoaming Agents (2020-2028) ($MN)
- Table 80 Middle East & Africa Silicone Surfactants Market Outlook, By Foaming Agents (2020-2028) ($MN)
- Table 81 Middle East & Africa Silicone Surfactants Market Outlook, By Emulsifiers (2020-2028) ($MN)
- Table 82 Middle East & Africa Silicone Surfactants Market Outlook, By Dispersants (2020-2028) ($MN)
- Table 83 Middle East & Africa Silicone Surfactants Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 84 Middle East & Africa Silicone Surfactants Market Outlook, By End User (2020-2028) ($MN)
- Table 85 Middle East & Africa Silicone Surfactants Market Outlook, By Construction (2020-2028) ($MN)
- Table 86 Middle East & Africa Silicone Surfactants Market Outlook, By Personal Care (2020-2028) ($MN)
- Table 87 Middle East & Africa Silicone Surfactants Market Outlook, By Paints & Coatings (2020-2028) ($MN)
- Table 88 Middle East & Africa Silicone Surfactants Market Outlook, By Textile (2020-2028) ($MN)
- Table 89 Middle East & Africa Silicone Surfactants Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 90 Middle East & Africa Silicone Surfactants Market Outlook, By Other End Users (2020-2028) ($MN)
