Natural Surfactants Market
1. Natural Surfactants Market to Witness Exponential Growth in the Coming Years
The rising preference for natural and eco-friendly products has been a major driving force for the natural surfactants market. Natural surfactants are derived from renewable resources and are biodegradable, which makes them an attractive option for various applications, such as cleaning, personal care, and detergent formulations. In addition, natural surfactants are less toxic and cause less skin irritation than their synthetic counterparts. This is expected to fuel the demand for natural surfactants in the coming years.
The personal care industry is one of the major end-users of natural surfactants. These surfactants are used in a variety of personal care products, such as shampoos, conditioners, soaps, and bubble baths. The rising awareness about the benefits of natural surfactants is expected to boost their demand in the personal care industry.
The global natural surfactants market is segmented on the basis of type, application, and geography.
On the basis of type, the market is classified into anionic, cationic, non-ionic, and amphoteric. The anionic surfactants segment is expected to grow at the highest CAGR during the forecast period. These surfactants are derived from renewable resources, such as fatty acids, and are biodegradable. They find applications in laundry detergents, all-purpose cleaners, and shampoos.
The cationic surfactants segment is expected to grow at a significant CAGR during the forecast period. These surfactants are derived from quaternary ammonium compounds and are biodegradable. They are used in laundry detergents, all-purpose cleaners, and fabric softeners.
On the basis of application, the market is classified into detergents, cleaners, personal care, and others. The detergents segment is expected to grow at the highest CAGR during the forecast period. The rising demand for eco-friendly and biodegradable detergent formulations is expected to fuel the demand for natural surfactants in this application segment.
The cleaners segment is expected to grow at a significant CAGR during the forecast period. The rising preference
2. Key Drivers of the Natural Surfactants Market
The natural surfactants market is expected to grow at a CAGR of 5.8% from 2019 to 2024. The major drivers of this market are the increasing preference for natural and eco-friendly products and the stringent regulations regarding the use of synthetic surfactants.
The natural surfactants market is driven by the increasing preference for natural and eco-friendly products. In recent years, there has been a growing trend of using natural and eco-friendly products, as they are perceived to be safer and more gentle on the skin. This has led to an increase in the demand for natural surfactants, as they are considered to be more environmentally friendly than synthetic surfactants.
The other key driver of the natural surfactants market is the stringent regulations regarding the use of synthetic surfactants. In many countries, the use of synthetic surfactants is regulated due to their harmful effects on the environment. This has led to a shift in the preference of surfactants from synthetic to natural surfactants.
3. Key Challenges Faced by Natural Surfactants Market
The natural surfactants market is expected to grow at a CAGR of around 5.5% during the forecast period of 2020-2025.
The increasing demand for natural surfactants from the cosmetics and personal care industry is one of the major factors driving the growth of the natural surfactants market. The growing awareness about the benefits of natural surfactants over synthetic surfactants is also fuelling the growth of the natural surfactants market.
However, the high cost of natural surfactants as compared to synthetic surfactants is one of the key challenges faced by the natural surfactants market. Additionally, the lack of awareness about natural surfactants in some regions is also restraining the growth of the natural surfactants market.
The natural surfactants market is segmented by type, application, and region.
On the basis of type, the market is segmented into anionic, cationic, non-ionic, and amphoteric.
On the basis of application, the market is segmented into detergents, cleaners, cosmetics & personal care, food & beverage, pharmaceuticals, oilfield chemicals, and others.
The market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Some of the key players operating in the natural surfactants market are Akzo Nobel N.V., BASF SE, Clariant AG, Croda International Plc, Evonik Industries AG, Huntsman Corporation, Kao Corporation, Lonza Group Ltd., and Solvay S.A.
4. Natural Surfactants Market: Future Prospects
The surfactant market is expected to grow at a CAGR of 4.5% from 2019 to 2024. The major drivers for the market growth are the increasing demand for biodegradable and eco-friendly surfactants and the growing end-use industries.
The major players in the market are BASF (Germany), Clariant (Switzerland), Evonik (Germany), AkzoNobel (Netherlands), and Solvay (Belgium). These players are focusing on expanding their product portfolio and geographical presence to gain a competitive edge in the market.
The Asia-Pacific region is expected to be the fastest-growing market for surfactants, due to the growing end-use industries, such as detergents, cosmetic & personal care, and textile.
The major types of surfactants covered in the report are anionic, cationic, nonionic, amphoteric, and others.
The growing demand for biodegradable and eco-friendly surfactants is one of the major trends in the market. The major players in the market are investing in research and development to develop new surfactants that are biodegradable and eco-friendly.
The major applications of surfactants are detergents, cosmetic & personal care, textile, emulsions, lubricants, paints & coatings, and others.
This report segments the surfactants market on the basis of type, application, and region.
On the basis of type, the surfactants market has been classified into anionic, cationic, nonionic, amphoteric, and others.
On the basis of application, the surfactants market has been classified into detergents, cosmetic & personal care, textile, emulsions, lubricants, paints & coatings, and others.
On the basis of region, the surfactants market has been classified into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
The surfactants market is expected to grow at a CAGR of 4.5% from 2019 to 2024. The major drivers
LIST OF KEY COMPANIES PROFILED:
- BASF SE (Ludwigshafen, Germany)
- Clariant AG (Muttenz, Switzerland)
- Croda Interntional Plc. (Snaith, United Kingdom)
- WHEATOLEO (Pomacle, France)
- The Dow Chemical Company (Midland, Michigan, United States)
- CECA Arkema Group (Colombes, France)
- SEPPIC (Paris, France)
- Evonik Industries (Essen, Germany)
- Innovative Chemical Technologies (Maharashtra, India)
- Other Key Players
Report Scope & Segmentation
| ATTRIBUTE
| DETAILS
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| Study Period
| 2017-2028
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| Base Year
| 2020
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| Forecast Period
| 2021-2028
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| Historical Period
| 2017-2019 |
| Unit
| Value (USD Billion) and Volume (Kilo Tons) |
| Segmentation
| Product; and Application; Region
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| By Product
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| By Application
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| By Geography
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