Surfactants Market by Product Type, Substrate Type & by Application - Trends & Forecast to 2020
Surfactants Market worth $42,120.4 Million by 2020 The report “Surfactants Market by Product Type (Anionic, Non-Ionic, Cationic, & Amphoteric), by Substrate Type (Synthetic, & Bio-Based), by Application (Soap Industry, Personal Care Industry, Textile Industry, Industry & Institutional Cleaning, Elastomers & Plastics Industry, Oilfield Chemicals, Crop Protection, Food Industry, & Others) - Trends & Forecast to 2020”, defines and segmentsthe global surfactants market in terms of volume and value, and also analyzes and forecasts the market size of types and applications in terms of volume as well as value.
Surfactants Market worth $42,120.4 Million by 2020 Browse >> 136 data tables 50 figures 178pagesand in-depth TOC on “Surfactants Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. The Global Surfactants Market is projected to reach 24,037.3 KT (Kilotons), in terms of volumetric demand, and $42,120.4 Million in terms of value, by 2020 Report Price - Single User License : US $ 5650 Corporate User License : US $ 8150
Surfactants Market worth $42,120.4 Million by 2020 The increasing demand for eco-friendly (bio-based) surfactants, specifically from the European and North American regions, is driving the growth of the global surfactants market. Regulations and non-toxicity are among the main factors favoring the use of bio-based surfactants in these regions. Currently, Asia-Pacific dominates the global surfactants market, followed by North America and Europe. Asia-Pacific is also anticipated to grow at the highest growth rate during the next five years. This is owing to the growth in related segments such as personal care, soap/detergent, oilfield chemical, food, and pharmaceuticals, among others, in the region. North America is the second-largest consumer of surfactants. The Middle East & Africa market is estimated to witness significant growth (higher than global average) during the forecast period of 2015 to 2020. The market in this region is experiencing increased demand in several applications of surfactants.
Surfactants Market worth $42,120.4 Million by 2020 Synthetic/chemical-based surfactants still hold the largest share in the overall surfactants market, as of 2014. However, due to stringent regulations, bio-based surfactants are expected to gain traction and grow at a higher CAGR in the coming years. Bio-based surfactants are priced higher than synthetic surfactants because of the expensive raw materials. However, considering the existing research & development taking place in the industry, prices are estimated to come down in the near future. Bio-based surfactants are primarily of two types, namely non-ionic or amphoteric. At present, the anionic surfactants segment captures the larger share of the surfactants market. However, due to higher growth of bio-based surfactants, and eco-friendly and less toxic nature of non-ionic surfactants, the non-ionic surfactants segment is expected to witness higher growth during the given forecast period.
Surfactants Market worth $42,120.4 Million by 2020 Soap/detergent is the topmost application segment in the surfactants market The soap/detergent application segment holds the largest share of the global surfactants market, having accounted for over 46% of the global market, in terms of both volume as well as value. The elastomers and plastics application segment is projected to grow at the fastest CAGR during the forecast period. In the oilfield chemicals surfactants segment, the North American region is expected to lose its dominance to Asia-Pacific, owing to the increased off-shore exploration activities and expected commercial production of shale gas by China, which has the largest shale gas reserves.
Surfactants Market worth $42,120.4 Million by 2020 Shale gas production will lead to more availability of raw materials for synthetic surfactants. This will further reduce the price of synthetic surfactants. This will drive the surfactants market mainly in Asia-Pacific and RoW, owing to the less stringent regulations in these regions. Purchase a Copy of this Report Today !
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