Global Natural Surfactants 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.
Industry: Chemicals & MaterialsGlobal Natural Surfactants Market Insights Forecasts to 2033
- The Global Natural Surfactants Market Size was Estimated at USD 23.0 Billion in 2023
- The Market Size is Expected to Grow at a CAGR of around 4.93% from 2023 to 2033
- The Worldwide Natural Surfactants Market Size is Expected to Reach USD 37.2 Billion by 2033
- Asia Pacific is Expected to Grow the fastest during the forecast period.
Get more details on this report -
The Global Natural Surfactants Market Size is anticipated to exceed USD 37.2 Billion by 2033, Growing at a CAGR of 4.93% from 2023 to 2033. The natural surfactants in personal care and cosmetic products along with the surging need for safer, eco-friendly, and sustainable alternatives to synthetic ingredients are driving the market growth for natural surfactants.
Market Overview
Natural surfactants market refers to the market 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 with additional benefits such as potential skin friendliness, less environmental impact, and biodegradability. They are biodegradable, eco-friendly molecules that come from renewable resources like plants, vegetables, or microbes, used to lower the surface tension between two substances (like water and oil) so that cleaning, emulsification, or foaming can occur more easily. They have many applications such as the oil and gas industry, personal care products, and household cleaning products. There is an increasing adoption of natural surfactants in personal care and cosmetic products owing to the consumer demand for safer, eco-friendly, and sustainable alternatives to synthetic ingredients. 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.
Report Coverage
This research report categorizes the natural surfactants market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the natural surfactants market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the natural surfactants market.
Global Natural Surfactants Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 23.0 Billion |
Forecast Period: | 2023 – 2033 |
Forecast Period CAGR 2023 – 2033 : | 4.93% |
023 – 2033 Value Projection: | USD 37.2 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 269 |
Tables, Charts & Figures: | 123 |
Segments covered: | By Product, By Application, By Region and COVID-19 Impact Analysis. |
Companies covered:: | 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 Other Key vendors. |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
The consumer demand for safer, eco-friendly, and sustainable alternatives to synthetic ingredients leads to the adoption of natural surfactants in personal care and cosmetic products, resulting in driving the market. Further, environmental concerns, regulatory enforcement, and the need for less toxic and biodegradable products are propelling the market growth. The rising need for detergents along with the increasing environmental concerns is driving the market expansion. The increasing consumer adoption of eco-friendly alternatives and industrial production in detergents and cosmetics where environmental issues are more prevalent are significantly contributing to propelling the market growth.
Restraining Factors
The increased usage of agrochemicals is hindering the market growth. The requirement to meet regulatory standards and certifications by natural surfactants is challenging the market.
Market Segmentation
The natural surfactants market share is classified into product and application.
- The anionic segment dominated the market with the largest market share during the forecast period.
Based on the product, the natural surfactants market is classified into anionic, nonionic, cationic, and amphoteric. Among these, the anionic segment dominated the market with the largest market share during the forecast period. Anionic surfactants are used in soaps and detergents due to their capability to attack a wide range of soils. MES (methyl ester sulfonate) and AES (alcohol ether sulfate) made from palm oil or coconut oil contribute to desirable surfactant properties to detergent and personal care products.
- The detergents segment held the largest market share and is anticipated to grow at a rapid pace during the forecast period.
Based on the application, the natural surfactants market is classified into detergents, industrial & institutional, personal care, oilfield chemicals, and others. Among these, the detergents segment held the largest market share and is anticipated to grow at a rapid pace during the forecast period. The household items with the highest surfactant content are liquid laundry detergents (both for hand and machine washing) and manual dishwashing detergents. The increasing washing machine penetration is contributing to driving the market growth in the detergents segment.
Regional Segment Analysis of the Natural Surfactants Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Europe is anticipated to hold the largest share of the natural surfactants market over the predicted timeframe.
Get more details on this report -
Europe is anticipated to hold the largest share of the natural surfactants market over the predicted timeframe. 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. The production of eco-friendly personal care products and household cleaning solutions by the market players is also contributing to significantly promoting market growth.
Asia Pacific is expected to grow at the fastest CAGR growth of the natural surfactants market during the forecast period. Numerous techniques, including genetic modification, computer modeling, and optimization of the expanding usage of natural surfactants, have been used to boost their production. Further, 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.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the natural surfactants market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- 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
- 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 natural surfactants market based on the below-mentioned segments:
Global Natural Surfactants Market, By Product
- Anionic
- Nonionic
- Cationic
- Amphoteric
Global Natural Surfactants Market, By Application
- Detergents
- Industrial & Institutional
- Personal Care
- Oilfield Chemicals
- Others
Global Natural Surfactants Market, By 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 the Middle East & Africa
Frequently Asked Questions (FAQ)
-
1. What is the CAGR of the natural surfactants market over the forecast period?The natural surfactants market is projected to expand at a CAGR of 4.93% during the forecast period.
-
2. What is the market size of the natural surfactants market?The Natural Surfactants 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.
-
3. Which region holds the largest share of the natural surfactants market?Europe is anticipated to hold the largest share of the natural surfactants market over the predicted timeframe.
Need help to buy this report?