Global Specialty Surfactants Market - Segmented by Type, Application and End-User Industry, and Geography - Trends and Forecasts (2017 - 2022)
The global specialty surfactants market is expected to be valued at USD XX million in 2017. This market is expected to reach USD XX million by 2022, recording a CAGR of XX% during the forecast period (2017-2022).
Specialty surfactants mean surface active agents that are used in cleaning, wetting, dispersing, emulsifying, foaming as anti-foaming agents, in many applications, such as detergents, fabric softeners, paints, adhesives, inks, biocides, cosmetics, etc. Specialty surfactants basically reduce the surface tension between two interfaces such as of liquid-liquid, liquid-gas and liquid-solid. These are more effective than commodity surfactants and each specialty surfactant may have multiple functions. Specialty surfactants are widely consumed by household and personal care industries owing to their cleansing properties. These specialty surfactants in general are of two types - synthetic and bio-based. The demand for bio based specialty surfactants registered healthy growth rates in the near past; thus, further expanding the specialty surfactants market.
The global specialty surfactants market is driven by various factors, such as the growing personal care industry in emerging economies, coupled with the increasing purchasing power of the middle class. However, stringent environmental regulations and some other factors are likely to hinder the market growth of the specialty surfactants market. Factors such as the expansion of the application base for bio-surfactants is likely to act as one of the major opportunities for global specialty surfactants market in the next few years.
This report classifies the global specialty surfactants market by type, into anionic, cationic, amphoteric, non-ionic, and others, with anionic and non-ionic surfactants, together, projected to account for the largest share of the global demand for specialty surfactants in 2016. Furthermore, the market has been segmented by application into wetting agents, emulsifiers, dispersants, foaming agents, stabilizers and others. By end-user industry, the market has been segmented into personal care, house hold, industry & institutional cleaning, food & beverage, oil & gas, agriculture, plastics, paints and coatings, and others. Personal care and household industries were the major consumers of global specialty surfactants in 2016. This was primarily due to the increasing health awareness among people across the globe.
The market is also segmented by geography into five regions - Asia-Pacific, North America, Europe, South America, and Middle East & Africa. Asia-Pacific was the largest market for global specialty surfactants, holding a share of approximately more than 35% in 2016. This is primarily due to the increasing demand from developing nations such as, India and China. This is followed by North America and Europe.
Key players in the global specialty surfactants market are BASF SE, Clariant, Evonik Industries AG, Stepan Company, P&G Chemicals and The Dow Chemical Company.
Key Deliverables in the Study:
• Market analysis for the global specialty surfactants market, with region specific assessments and competition analysis on global scale
• Market definition along with the identification of factors instrumental in changing the market scenarios and prospective opportunities
• Extensively researched competitive landscape section with profiles of major companies along with their market shares
• Identification and analysis of the macro and micro factors that affect the market
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
• Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.