Global Natural Surfactants Market Set for a Positive Growth Forecast at CAGR of 5.1% till 2022

Bharat Book Bureau Provides the Trending Market Research Report on “Global Natural Surfactants Market Forecast to 2022” under Life Sciences. The report provides information on industry overview, market size, latest developments, industry trends, Major companies, global presence, and their future prospects.

Natural Surfactants (bio-based surfactants) market is projected to register a CAGR of 5.1% between 2017 and 2022

The natural surfactants (bio-based surfactants) market is estimated to be USD 13.47 billion in 2017 and is projected to reach USD 17.27 billion by 2022, at a CAGR of 5.1% between 2017 and 2022. Increased demand for natural surfactants (bio-based surfactants) from the detergents, personal care, industrial & institutional cleaning, oilfield chemicals, and agricultural chemicals applications is expected to drive the natural surfactants (bio-based surfactants) market, globally. Natural surfactants (bio-based surfactants) are additives obtained from the biological raw materials. These surfactants have low toxicity and are biodegradable. Expensive and time-consuming legal procedures for the development of new products may restrain the growth of the industry during the forecast period.

Detergents is expected to be the largest application during the forecast period

Based on application, the detergents segment is expected to be the largest application of natural surfactants (bio-based surfactants) during the forecast period, The demand for environmentally friendly detergents in the home care industry exhibiting improved wash performance, biodegradability, less toxicity, thermal resistance, and extreme pH stability are the factors responsible for an increased demand for natural surfactants (bio-based surfactants) in the detergents application.

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The nonionic natural surfactants (bio-based surfactants) product type is projected to register the highest CAGR during the forecast period

Based on product type, the nonionic natural surfactants (bio-based surfactants) segment of the natural surfactants (bio-based surfactants) market is projected to register the highest CAGR between 2017 and 2022. The growth of nonionic natural surfactants (bio-based surfactants) is driven by their end use in fabric softeners, shampoos, and body wash, which is increasing with the growth in the textile and personal care industries.

The APAC natural surfactants (bio-based surfactants) market is projected to register the highest CAGR during the forecast period

The growth of the APAC natural surfactants (bio-based surfactants) market can be attributed to the rapidly increasing demand from the detergents, personal care, industrial & institutional cleaning, oilfield chemicals, and agricultural chemicals applications,. Increasing awareness of the benefits of using bio-based ingredients is primarily responsible for the high demand of natural surfactants (bio-based surfactants) in APAC. In addition, improved lifestyle, the high cost of living, rising population, and high economic growth of the emerging countries such as China, South Korea, India, and Malaysia have increased the spending power of consumers, resulting in affordability of products with higher prices and better quality. This makes APAC an attractive natural surfactants (bio-based surfactants) market.

Extensive primary interviews have been conducted to determine and verify the market size for several segments and subsegments.

The breakdown of primary interviews has been given below.

- By Company Type: Tier 1 – 20%, Tier 2 – 55%, and Tier 3 – 25%
- By Designation: C Level – 50%, Director Level – 25%, and Others – 25%
- By Region: North America – 60%, Europe – 20%, APAC – 10%, Middle East & Africa - 5%, and South America – 5%

The major companies profiled in this market research report include BASF (Germany), The Dow Chemical Company (US), Croda International (UK), Huntsman Corporation (US), Clariant (Switzerland), Stepan Company (US) and Kao Corporation (Japan)

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