January 15, 2018
WELLESLEY, Mass., Jan. 15, 2018 – The rise in both research and development activities and investments are growing the global surfactants market, which should gain almost $10 billion from 2016 through 2022. In a new report, Global Markets for Surfactant Chemicals and Materials, BCC Research estimates the global market for surfactants to reach $36.0 billion and $44.9 billion in 2017 and 2020, respectively, indicating a compound annual growth rate (CAGR) of 4.5%.
This comprehensive report provides a multi-client study of the global market for surfactant chemicals and materials, along with emerging technologies and potential business opportunities in the future. The analysis examines the underlying economic issues surrounding the market, and offers assessments of new and potential technologies as well as products and services in development.
Other key market drivers include an increasing number of end-user industries and changing lifestyles in developing economies. However, factors such as volatility in raw material prices, stringent regulations on environmental issues, pollution control laws for manufacturing processes, increasing inclination toward green products and governmental pressure to implement eco-friendly chemical processes, will produce downward pressure on the market growth of surfactant chemicals.
Key companies mentioned in this report include DowDuPont, Evonik Industries AG, Henkel AG and Co. KGaA, Huntsman Corp., Air Products and Chemicals, BASF SE, Clariant, DuPont EI DE Nemours and Co, Kao Corp., and Akzo Nobel N.V., among many others.
“Surfactants are used in a wide range of applications from detergents to elastomers and plastics, oilfield chemicals, other applications such as toxicity and persistence, biological systems, pharmaceutical, paper processing, and many more,” said Aneesh Kumar, BCC Research Analyst and lead author of the report. “Out of these, the personal care, home care and food processing applications have risen in demand, and are expected to see a hike in the forecast period. Tighter laws and regulations will significantly impact market growth across the board.”
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Global Markets for Surfactant Chemicals and Materials( CHM081A )
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