Categories: Press Release

Surfactant Market Size Worth $65.8 Billion By 2030: IndustryARC

Global Surfactants Market size is predicted to reach $65.8 billion by 2030, growing at a CAGR of 5.3% during the forecast period 2024-2030 according to the latest market research report published by IndustryARC. Increasing industrial applications of Surfactant, including their use in sectors such as agrochemicals, pharmaceuticals, and water treatment, coupled with advancements in Surfactant technology, are poised to propel the market growth, finds IndustryARC in its recent report, titled “Surfactant Market – By Type:  (Anionic Surfactants, Non Ionic Surfactants, Cationic Surfactants, Amphoteric Surfactants and Others),By Application: Home Care, Personal Care, Industrial & Institutional Cleaners, Food & Beverages, Elastomers & Plastic Industry, Oilfield Chemicals, Agriculture, Textile, Paints & Coatings and Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2023-2030”.

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Asia Pacific to Register Highest Growth:

Asia Pacific dominated the Surfactants Market in 2023. The Asia Pacific Surfactants Market is

projected to experience significant growth during the forecast period. rapid urbanization and

industrialization across countries like China, India, and Southeast Asian nations have propelled the demand for surfactants in various applications, including personal care products, detergents, and industrial cleaning agents. Moreover, increasing disposable incomes and changing consumer lifestyles in emerging economies have led to a surge in the consumption of surfactant-based products, further boosting market demand.

Surfactant Market 2024-2030: Scope of the Report

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

5.3%

Market Size in 2030

$65.8 billion

Segments Covered

By Type, By Application, and By Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

1. Clariant AG

2. BASF SE

3. Kao Corporation

4. Evonik Industries AG

5. Indorama Ventures Public Company Limited

6. Eoc Group

7. Ashland Global Holdings Inc.

8. Croda International Plc

9. Stepan Company

10. Dow Chemical Company

 

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Surfactant Market Report – Key Takeaways:

  • Expansion of Surfactants in Industrial Cleaning Applications

Surfactants are gaining increased traction in industrial cleaning due to their effectiveness in breaking down oils, grease, and contaminants across a variety of surfaces. The demand is particularly strong in sectors such as manufacturing, automotive, and institutional cleaning, where efficiency, safety, and sustainability are key concerns. Companies offering specialized surfactant solutions that can meet stringent industrial cleaning standards and regulations are positioned to capitalize on this growing market segment.

  • Sustainability Driving Innovation in Surfactant Formulations

As industries shift towards more sustainable practices, the demand for eco-friendly surfactants is growing. Formulators are focusing on developing biodegradable and non-toxic surfactants that reduce environmental impact while maintaining performance. This shift is particularly prevalent in sectors such as agriculture, food & beverages, and paints & coatings, where regulatory and consumer pressures are pushing for greener alternatives. Companies that innovate in sustainable surfactant formulations are set to gain a competitive advantage in these environmentally conscious markets.

  • Growth of Surfactants in Agricultural Applications

The agriculture sector is experiencing increasing demand for surfactants used in agrochemical formulations to enhance the effectiveness of pesticides, herbicides, and fertilizers. Surfactants improve the spreading and adhesion of these chemicals, boosting crop protection and yield. As the agricultural industry continues to adopt precision farming and more efficient practices, the need for advanced surfactant solutions is on the rise. This presents a key growth opportunity for manufacturers that can deliver targeted, high-performance products to this market.

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Key Opportunity Analysis:

Expansion in Healthcare and Pharmaceutical Applications

The Surfactant market is poised for significant growth in healthcare and pharmaceutical applications, driven by the increasing demand for sterilization and disinfection solutions. UV-C LEDs, in particular, are gaining traction for their effectiveness in killing bacteria, viruses, and other pathogens. The adoption of Surfactants in medical devices, water and air purification systems, and pharmaceutical manufacturing processes is on the rise, creating substantial opportunities for manufacturers. Companies that focus on developing high-efficiency UV-C LEDs with longer lifespans and lower energy consumption are well-positioned to capitalize on this expanding market.

Growing Use of Surfactants in Industrial Coating and Curing

The industrial sector presents a significant opportunity for Surfactant adoption, particularly in coating and curing applications. Surfactants are increasingly used in the curing of adhesives, inks, and coatings due to their ability to reduce curing times, improve product quality, and lower energy consumption. The ongoing advancements in Surfactant technology, such as higher power outputs and improved wavelength stability, are driving their integration into more industrial processes. Manufacturers that innovate in this space by offering Surfactant solutions tailored to specific industrial needs can capture a growing share of the market.

Integration of Surfactants in Advanced Forensic and Security Applications

The forensic and security sectors are witnessing a rising demand for Surfactant technology, particularly in applications such as counterfeit detection, forensic analysis, and sensing. UV-A and UV-B LEDs are being utilized to reveal hidden markings, authenticate documents, and analyze crime scene evidence. As these applications become more sophisticated, there is a growing need for Surfactants with precise wavelength control and enhanced durability. Companies that invest in developing specialized Surfactants for forensic and security purposes will find substantial growth opportunities in these high-value markets.

Increasing Adoption of Surfactants in Water and Air Purification Systems

The demand for clean water and air is driving the adoption of Surfactant technology in purification systems. Surfactants are increasingly used in residential, commercial, and industrial water treatment systems, as well as in air purification units, to effectively eliminate contaminants and pathogens. The shift towards environmentally friendly and chemical-free purification methods is further boosting the market for Surfactants. Manufacturers that focus on producing energy-efficient, compact, and high-performance Surfactants for purification systems are well-positioned to benefit from the growing emphasis on health and environmental sustainability.

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The report also covers the following areas:

  • Surfactant Market Size and Forecast
  • Surfactant Market Trends
  • Surfactant Market Analysis by Product Type

Surfactant Market 2024-2030: Key Highlights

  • CAGR of the market during the forecast period 2024-2030
  • Value Chain Analysis of key stakeholders
  • Detailed analysis of market drivers and opportunities during the forecast period
  • Surfactant Market size estimation and forecast
  • Analysis and predictions on end users’ behavior and upcoming trends
  • Competitive landscape and Vendor market analysis including offerings, developments, and financials
  • Comprehensive analysis of challenges and constraints in the Surfactant Market

Covid and Ukrainian Crisis Impact:

  • The COVID-19 pandemic initially had a disruptive impact on the surfactant market, with widespread lockdowns and restrictions causing temporary factory closures and delays in the supply chain. However, the surge in demand for cleaning and disinfectant products during the pandemic drove a rapid recovery, leading to increased investments in surfactants used in health, hygiene, and sanitation applications. As the market adapted, the focus shifted to addressing the growing need for efficient and sustainable surfactant solutions.
  • The ongoing Russia-Ukraine conflict has posed ongoing challenges for the surfactant market, particularly in the procurement of raw materials. The geopolitical tensions have disrupted supply chains, leading to price volatility and shortages of key ingredients used in surfactant production. These supply issues have prompted manufacturers to explore alternative sourcing strategies and diversify suppliers to mitigate the risk of further disruptions.

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List of Key Market Players in the Surfactant Market:

The Global Surfactant Market is fragmented with several global and regional companies operating with expansive manufacturing capabilities and extensive distribution networks. The key companies profiled are listed below:

  • Clariant AG
  • BASF SE
  • Kao Corporation
  • Evonik Industries AG
  • Indorama Ventures Public Company Limited
  • Eoc Group
  • Ashland Global Holdings Inc.
  • Croda International Plc
  • Stepan Company
  • Dow Chemical Company

Related Reports:

Oilfield Surfactants Market: Increased Focus on Enhanced Oil Recovery (EOR) The rising demand for maximizing oil extraction from mature wells is driving the adoption of surfactants in EOR processes to improve oil recovery efficiency.

Report Code: CMR 0021

Lubricants Market: Shift Towards Bio-based and Synthetic Lubricants There is a growing demand for environmentally friendly bio-based lubricants and high-performance synthetic lubricants due to their better efficiency, reduced emissions, and lower environmental impact.

Report Code: CMR 0129

About IndustryARC:

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. 

IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.

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