New York, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Widespread end uses of anionic surfactants, growth in the home care, personal care, construction, and agriculture sector, stringent regulating policies regarding use of conventional surfactants, extensive research and constant innovation are some of the factors driving the anionic surfactants market.
According to the current analysis of Reports and Data, the global anionic surfactants market was valued at USD 16.82 billion in 2018 and is expected to reach USD 23.71 billion by the year 2026, at a CAGR of 4.3%. The study provides an overall insight into the factors responsible for the growth in the anionic surfactants market. Anionic surfactants market is expected to gain traction due to the heavy surge of demand driven by the parallel growth of end user industries like home care, building and construction, pharmaceuticals and many more. The personal care and home care industry in recent years has witnessed tremendous growth owing to the rising population, increasing per capita income of people and rising standard of living in the Asia-Pacific region.
The growth of anionic surfactants market is expected to be restrained due to environmental concerns rising all over the world. Governments have enforced strict emission and safety norms. Constant research and development activities are being funded the companies to continually overcome this challenge, to roll out innovations and products which help them capture the majority of the market. It is expected that bio-based anionic surfactants would diversify the application segments and help in growing the market further.
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Further key findings from the report suggest
- Anionic surfactants market is growing at a CAGR of 6% in Asia-Pacific followed by North America and Europe, with 4.5% and 4.2% CAGR, respectively.
- Parallel growth in the construction and agriculture segment due to rising worldwide population and increasing demand is expected to grow the anionic surfactants market further.
- Pharmaceutical segment is expected to grow due to rampant diseases and improving healthcare facilities across the globe.
- Oil and Gas industry has extensive use of anionic surfactants and is also on the rise due to the constant increase in demand for non-renewable fuels. This would help anionic surfactant market expand further.
- Key participants include AkzoNobel, BASF, DowDuPont, Evonik, Clariant, Schärer + Schläpfer AG, Goulston Technologies, Inc., Sino-Japan Chemical Co. Ltd, Bendale Chemicals, Stepan Company, Vance Group Ltd., Unitop Chemicals Pvt. Ltd., G International, Inc., Desmet Ballestra.
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Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the anionic surfactants market on the basis of product type, chemical composition, end use, application and region:
By Product Type (Revenue in USD Million; Volume in Kilo Tons, 2016–2026)
- Bio-based Surfactants
- Synthetic Surfactants
By Chemical Composition type (Revenue in USD Million; 2016–2026)
- Linear Alkylbenzene Sulfonate
- Lignosulfonate
- Alcohol Ether Sulphates/Fatty Alcohol Sulphates
- Alkyl Sulphates/Ether Sulphates
- Sarcosinates
- Alpha Olefin Sulfonates
- Phosphate Esters
- Alkyl Naphthalene Sulfonates
- Others
By Application (Revenue in USD Million; Volume in Kilo Tons, 2016–2026)
- Wetting Agent
- Pesticide or Herbicide Applications
- Household Detergent
- Others
By End Use (Revenue in USD Million; Volume in Kilo Tons, 2016–2026)
- Home Care
- Personal Care
- Oil & Gas
- Construction
- Textile manufacturing
- Pharmaceutical
- Agriculture
- Others
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Regional Outlook (Revenue in USD Million; Volume in Kilo Tons, 2016–2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
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