Global Natural Surfactant Market Size To Worth USD 37.2 Billion By 2033 | CAGR of 4.93%
Category: Chemicals & MaterialsGlobal Natural Surfactant Market Size To Worth USD 37.2 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Natural Surfactant Market Size is Expected to Grow from USD 23.0 Billion in 2023 to USD 37.2 Billion by 2033, at a CAGR of 4.93% during the forecast period 2023-2033.
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Browse key industry insights spread across 269 pages with 123 Market data tables and figures & charts from the report on the Global Natural Surfactant Market Size, Share, and COVID-19 Impact Analysis, By Product (Anionic, Nonionic, Cationic, and Amphoteric), By Application (Detergents, Industrial & Institutional, Personal Care, Oilfield Chemicals, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/gallium-nitride-semiconductor-devices-market
Natural surfactant market is the industry for bio-based surfactants, derived from renewable resources such as plant oils and sugar. Natural surfactant is a substance derived from natural sources and is used to reduce surface tension. Benefits of natural surfactants include potential skin friendliness, less environmental impact, and biodegradability. They have many applications such as the oil and gas industry, personal care products, and household cleaning products. Products such as shampoos, body washes, and facial cleansers incorporate natural surfactants owing to their gentle properties, biodegradability, and reduced risk of skin irritation. The fast population growth, increasing import & export of different skincare and cosmetic products, technological advancements, and heightened interest in the cosmetic industry are all factors that provide lucrative market opportunities for natural surfactants. The increasing adoption of natural surfactants in personal care and cosmetic products owing to consumer demand for safer, eco-friendly, and sustainable alternatives to synthetic ingredients is driving the market. On the contrary, the usage of agrochemicals and the requirement to meet regulatory standards and certifications is challenging the market growth.
The anionic segment dominated the natural surfactant market with the largest revenue share in 2023.
Based on the product, the global natural surfactant market is divided into anionic, nonionic, cationic, and amphoteric. Among these, the anionic segment dominated the natural surfactant market with the largest revenue share in 2023. Because anionic surfactants may penetrate a variety of soil types, they are utilized in soaps and detergents. Methyl ester sulfonate (MES) and alcohol ether sulfate (AES) derived from coconut or palm oil give detergent and personal care products their desired surfactant qualities.
The detergents segment accounted for the largest market share and is anticipated to grow at a rapid pace during the forecast period.
Based on the application, the global natural surfactant market is divided into detergents, industrial & institutional, personal care, oilfield chemicals, and others. Among these, the detergents segment accounted for the largest market share and is anticipated to grow at a rapid pace during the forecast period. Manual dishwashing detergents and liquid laundry detergents (both for hand and machine washing) are the household products with the highest surfactant content. The growing adoption of washing machines is driving the market demand in the detergents segment.
Europe is projected to hold the largest share of the global natural surfactant market over the forecast period.
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Europe is projected to hold the largest share of the global natural surfactant market over the forecast period. The production of eco-friendly personal care products and household cleaning solutions by the market players is contributing to significantly promoting market growth. The demand for detergents in domestic applications is rising as a result of the expanding use of laundry detergents and other cleaning supplies, thereby propelling the market growth.
Asia Pacific is predicted to grow at the fastest CAGR in the natural surfactant market over the forecast period. The growing investment from foreign manufacturers in South Asian countries like China, India, and South Korea due to the availability of raw materials and labor force are propelling the regional market growth.
Major key players in the natural surfactant market include BASF SE, Kao Corporation, Clariant AG, Croda International Plc., WHEATOLEO, Indorama Corporation Ltd., Lankem Surfactants, Dow Chemical Company, Evonik Industries, Innovative Chemical Technologies, SEPPIC, Kensing, LLC, CECA Arkema Group, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In March 2021, BASF signed two distinct partnership agreements to expand its global leading position in the bio-based surfactants and actives market. The strategic alliance with ACS includes an equity stake and makes BASF the single largest shareholder.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global natural surfactant market based on the below-mentioned segments:
Global Natural Surfactant Market, By Product
- Anionic
- Nonionic
- Cationic
- Amphoteric
Global Natural Surfactant Market, By Application
- Detergents
- Industrial & Institutional
- Personal Care
- Oilfield Chemicals
- Others
Global Natural Surfactant Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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