Global Amphoteric Surfactants Market 2019-2023
About this market
Increased focus of vendors on M&A to drive growth in the market. The global amphoteric surfactants market has undergone rapid consolidation due to the increased M&A activities in the past 5-10 years. Technavio’s analysts have predicted that the amphoteric surfactants market will register a CAGR of almost 7% by 2023.
Rising demand from personal care products
The increasing demand for amphoteric surfactants in personal care applications is driven by the rising use of personal care and cosmetic products such as baby care, skin and hair care, facial wash, eye makeup remover, and other luxury cosmetic products.
Availability of substitutes
The presence of substitute surfactants such as anionic, non-ionic, and cationic surfactants exhibiting almost similar characteristics poses a major threat to amphoteric surfactants.
For the detailed list of factors that will drive and challenge the growth of the amphoteric surfactants market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including Huntsman International and Stepan Company the competitive environment is quite intense. Factors such as the increased focus of vendors on M&A and the rising demand from personal care products, will provide considerable growth opportunities to amphoteric surfactants manufactures. Akzo Nobel, Clariant, Croda International, Evonik Industries, Huntsman International, and Stepan Company are some of the major companies covered in this report.