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 19.07 billion in 2021 and is expected to reach USD 29.73 billion by the year 2030, at a CAGR of 5.1%. 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.
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Top Leading Players in The Global Anionic Surfactants Market Are:
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.
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 4.9% and 5.3% 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.
Segments covered in the report:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Ammonium lauryl sulfate
- Sodium laureth sulfate
- Sodium lauryl sarcosinate
- Sodium myreth sulfate
- Others
Application Outlook (Revenue, USD Billion; 2019-2030)
- Liquid soap and shampoo
- Detergents and homecare cleaning
- Disinfectant hygiene liquid
- Baby care
- Others
End-use Channel Outlook (Revenue, USD Billion; 2019-2030)
- Personal care and cosmeceuticals
- Home care
- Pharmaceuticals
- Petrochemicals
- Others
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Anionic Surfactants Market Upcoming Growth:
The anionic surfactants market is expected to experience significant growth in the upcoming years. Anionic surfactants are widely used in various industries such as personal care, household and industrial cleaning, and oil and gas. The increasing demand for personal care products, the growing awareness about hygiene and cleanliness, and the increasing demand for oil and gas are driving the growth of the anionic surfactants market.
One of the major drivers for the growth of the anionic surfactants market is the increasing demand for personal care products. Anionic surfactants are used in personal care products such as shampoos, soaps, and body washes to provide cleansing and foaming properties. The increasing focus on personal hygiene and grooming is driving the demand for personal care products, which is driving the demand for anionic surfactants.
Moreover, the growing awareness about hygiene and cleanliness is also driving the growth of the market. Anionic surfactants are used in household and industrial cleaning products such as detergents, dishwashing liquids, and surface cleaners to provide cleaning and foaming properties. The increasing focus on maintaining cleanliness and hygiene is driving the demand for household and industrial cleaning products, which is driving the demand for anionic surfactants.
Additionally, the increasing demand for oil and gas is expected to drive the demand for anionic surfactants. Anionic surfactants are used in the oil and gas industry to enhance oil recovery and reduce surface tension during drilling and production processes. The increasing demand for oil and gas is driving the demand for anionic surfactants.
The Asia-Pacific region is expected to be the largest market for anionic surfactants due to the growing population, increasing urbanization, and rising demand for personal care and household and industrial cleaning products in the region. The increasing investments in infrastructure development and the growing focus on industrialization in the region are also driving the demand for anionic surfactants.
Overall, the anionic surfactants market is expected to experience significant growth in the upcoming years due to the increasing demand for personal care products, the growing awareness about hygiene and cleanliness, and the increasing demand for oil and gas.
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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