DUBLIN, Feb. 18, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/f5rbmv/world_surfactants) has announced the addition of the "World Surfactants Market - Opportunities and Forecast, 2014 - 2020" report to their offering.
The worldwide surfactants market sales are expected to reach $44.6 billion by 2020. About three-fourth of this revenue is expected to come from anionic and non-ionic surfactants.
The key drivers responsible for growth of the surfactants market include growing end user industries and improving lifestyles in developing economies. Easy availability, low price, and broadened application areas are few other factors fuelling the demand for surfactants worldwide.
Surfactants were mainly used in the detergent and soap industries; however, this trend is changing, and they are currently used in several other industries such as fabric industry uses this as a softener, paper industry to de-ink the recycled paper, agrochemical industry to manufacture herbicides and insecticides, the cosmetic industry in shampoo, hair conditioners and toothpastes, as firefighting agent, in the oil industry, and others.
Thus, broadened applications in variety of industry segments has increased the overall surfactants' demand. However, factors such as volatility in raw material prices, increasing inclination towards green products, and governmental pressure for implementation of eco-friendly chemical processes is expected to hinder the market growth.
In 2014, North America and Europe collectively accounted for half of the market. The prices of surfactants are comparatively high in Europe due to stringent regulations enforced by Registration, Evaluation and Authorisation of Chemicals (REACH); however, the same would be at lower prices in the U.S. as a result of low mineral oil prices for both, anionic and cationic surfactants. Asia-Pacific captured more than 33.09% of the surfactants market due to improved lifestyle, increased cost of living, and rise in population which would drive the personal care, soaps & detergents, and pharmaceutical industries.
The surfactants industry is growing rapidly in the developing regions and frequent acquisition is the most adopted strategy by the global players to broaden the horizons in the developing region such as Asia-Pacific. Collaborations between the companies are majorly focused on increasing the surfactants production.
Companies Mentioned:
- Akzonobel N.V
- BASF Se
- Clariant Ag
- Evonik Industries Ag
- Huntsman Corporation (Huntsman International LLC)
- Kao Corporation
- Lion Corporation
- P&G Chemicals
- Rhodia S.A
- Stepan Company
Key Topics Covered:
Chapter 1 - Introduction
Chapter 2 - Executive Summary
Chapter 3 - Market Overview
Chapter 4 - Market by Type
Chapter 5 - Market by Application
Chapter 6 - Market by Geography
Chapter 7 - Company Profile
For more information visit http://www.researchandmarkets.com/research/f5rbmv/world_surfactants
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