New York, July 26, 2022 (GLOBE NEWSWIRE) -- The Insight Partners has published a new research report titled Global “Natural Surfactants Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Application,” includes the factors fueling the natural surfactants market growth, revenue estimation and forecast, market share analysis, and the identification of significant market players and their key developments. In recent years, natural surfactants have been increasingly attracting the interest of the scientific and industrial community. Interest in using natural surfactants has been progressively escalating owing to their eco-friendly nature, selectivity, and performance under critical circumstances. Natural surfactants are highly used in different applications, including detergents, cosmetics, personal care, industrial and institutional cleaning, pulp and paper, and metal processing.
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Natural Surfactants Market - Strategic Insights
| Report Coverage | Details |
| Market Size Value in | US$ 11.56 Billion in 2021 |
| Market Size Value by | US$ 16.07 Billion by 2028 |
| Growth rate | CAGR of 5.0% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2021 |
| No. of Pages | 271 |
| No. Tables | 87 |
| No. of Charts & Figures | 157 |
| Historical data available | Yes |
| Segments covered | Type, and Application |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Natural Surfactants Market: Competition Landscape
A few players operating in the global market include BASF SE, Clariant AG, Croda International Plc, Dow Inc., KAO Corporation, Lankem Ltd., Solvay S.A., Arkema, Stepan Company, and Evonik Industries AG. Players operating in the natural surfactants market are focusing on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research and development activities and new product launches.
Key Developments
- In 2021, BASF strengthened its position in biosurfactants for personal care, home care, and industrial formulators with two distinct partnerships.
- In 2019, Evonik and Unilever teamed up for the large-scale production of world's first green biosurfactant.
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In 2021, Asia Pacific held the largest share of the global market. The natural surfactants market growth in the region is mainly driven by the increasing use of natural surfactants in different application fields such as detergents, cosmetics and personal care, industrial cleaning, and agriculture. The cosmetics market in China is huge and growing rapidly. With the rising demand for premium products and an increasing number of working women, the cosmetics industry has been experiencing growth in recent years. In India, the demand for cosmetic products is rising due to improving socio-economic standards and the large-scale development of digital & manufacturing sectors. All these factors are boosting the natural surfactants market growth in the region. Moreover, the market growth in the region is also fueled by their increasing use in detergents, industrial cleaning products, and agrochemicals.
Manufacturers experienced a rising consumer preference for natural, ecologically friendly, and sustainable products. Hence, manufacturers are also focusing on the production of products that cause less pollution and have low toxicity and high biodegradability. Natural surfactants are becoming highly popular due to their ability to improve the emulsification of hydrocarbons for various applications and ecological benefits. Moreover, various producers of natural surfactants have joined organizations such as the Roundtable on Sustainable Palm Oil (RSPO), which favors the development of natural surfactants.
Based on type, the market is segmented into anionic, cationic, non-ionic, and amphoteric. The anionic segment held the largest market share in 2021. Anionic surfactants are best for removing dirt, clay, and some oily stains. They are used in shampoos, shower gels, toothpaste, etc. Examples of natural anionic surfactants include glutamate, potassium cocoate, isethionate, and sodium coco sulfate.
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Natural surfactants are derived from different types of plants, vegetables and fruits. Natural surfactants have various beneficial properties such as low toxicity, based on renewable substances and biologically degradable nature. They are used in different application fields including, detergents, personal care, industrial and institutional cleaning, agriculture chemicals, and oilfield chemicals. Others applications of natural surfactants include ceramics, pulp and paper and metal processing, etc.
Based on application, the global natural surfactants market is segmented into detergents, personal care, industrial and institutional cleaning, oilfield chemicals, agriculture chemicals, and others. The detergents segment held the largest market share in 2021. Detergents are commonly used at home and in different commercial places for cleaning. Sodium cocoamphoacetate and ethoxylates are widely used in detergents for domestic and industrial purposes. The high compatibility and stability of natural surfactants result in their inclusion in the formulation of laundry detergents.
The global natural surfactants market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America. Further, APAC held the largest revenue share of the global market in 2021. Major factors driving natural surfactants market growth in APAC are increasing their use in different application fields and innovative research on natural surfactants. The increasing use of detergents and cleaning products is creating a demand for natural surfactants. In addition, there is an increasing interest in natural beauty products and ingredients. Increasing demand for natural cosmetic products is further driving the natural surfactants market growth in the region.
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The focus on the production of products with low toxicity and high biodegradability is growing. Consumers' preference for natural, ecologically friendly, and sustainable products is also increasing. Consumers from various countries are highly demanding products based on natural ingredients. Natural surfactants have various ecological benefits. Further, the use of conventional surfactants is restricted by strict environmental and governmental regulations. This results in increasing demand for nontoxic and highly biodegradable bio-based surfactants.
Based on application, the natural surfactants market is segmented into detergents, personal care, industrial and institutional cleaning, oilfield chemicals, agriculture chemicals, and others. The detergents segment held the largest market share in 2021. Normal laundry detergents may be in liquid or powder form and filled with many chemicals. The surfactants used in laundry detergents are chemically synthesized and exert toxic effects on freshwater living organisms. Hence, the demand for detergents made of natural, petroleum-free, biodegradable substances is increasing.
The anionic segment held the largest share of the global natural surfactants market in 2021. Anionic surfactants are characterized by a negatively charged hydrophilic polar group. Anionic surfactants are highly used in shampoos, shower gels, toothpaste, etc.
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Impact of COVID-19 Pandemic on Natural Surfactants Market
The COVID-19 pandemic severely impacted various economies across the globe. Governments of various countries took every possible step to restrict the spread of SARS-CoV-2 by announcing country-wide lockdowns, which directly impacted the natural surfactants market growth of industrial sectors. The pandemic significantly hampered the market growth due to adverse effects on the growth of multiple industries such as personal care, detergents, and oilfield chemicals. Various natural surfactant manufacturers were operating their plants at reduced rates due to the COVID-19 pandemic.
The increasing consciousness regarding personal hygiene and clean surroundings has stimulated the demand for personal and household cleaning products, thus enhancing the natural surfactants market growth. Further, various industries across the world are reviving their business operations. Industries are recovering after gradually resolving supply constraints of their raw materials. This results in a gradually increasing demand for natural surfactants from applications such as industrial and institutional cleaning, detergents, oil field chemicals, agriculture chemicals, and metal processing.
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