The total value of the global surfactant market is expected to reach 42 billion US dollars in 2020, with a total market value of 32.6 billion US dollars in 2014. The compound annual growth rate is expected to reach 5.2% between 2014 and 2020. The Asia Pacific region is the world's largest surfactant market, accounting for 39% of global surfactant consumption, followed by North America and Europe. It is expected that the demand for surfactants in the Asia Pacific region will continue to increase. In addition, the demand in South America is gradually increasing, mainly due to increased production and consumption in Brazil.
The global surfactant market is mainly divided into anionic surfactants, cationic surfactants, amphoteric surfactants, non-ionic surfactants, organosilicon surfactants, and fluorine surfactants. Anionic and non-ionic surfactants account for 76% of the global total demand, and the growth rate of anionic surfactants is on average. It is expected that non-ionic and zwitterionic surfactants will have the highest growth rate in the expected time. The reason is that there is an increasing demand in downstream markets for products with mild properties and higher quality.
Large enterprises in the industry compete fiercely in product development and innovation, and top personal care product manufacturers hope to purchase high-quality surfactant products in order to produce higher quality end products. From the origin of surfactants, they are mainly divided into synthetic surfactants and biosurfactants. The main driving factor for the development of biosurfactants is the increasing demand from consumers for environmentally friendly products, especially in Europe and North America.
However, currently, the high cost of biosurfactants hinders their development. Therefore, the development and commercialization of low-cost biosurfactants have great market potential. However, fluctuations in raw material prices have become a huge challenge for biosurfactant manufacturers.
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