April 12, 2024
(press release)
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Cleveland OH, April 12, 2024 – According to the study Market Forecast for Global Surfactants, the global surfactants market is expected to grow 3.6% per year to $50.0 billion in 2027, and 5.0% annually to $63.8 billion in 2032. The Anionic Surfactants market is expected to grow 3.6% per year to $22.1 billion in 2027, and 5.0% annually to $28.2 billion in 2032. Growth is attributed to rising use of these surfactants in variety of sectors, including personal care, homecare, oil and gas, construction, and soaps and detergents, and new product launches. The anionic surfactants market is also driven by the rising focus on home care applications, high demand for more environmentally friendly and sustainable surfactants, favorable government policies for the pharmaceutical and healthcare sectors, and by the increase in agrochemical use. The Non-Ionic Surfactants market is expected to grow 3.8% per year to $13.7 billion in 2027, and 5.2% annually to $17.6 billion in 2032. Growth is attributed to rising demand from household applications, rapid urbanization, increased use of sanitizers, and rising agrochemical use. The Cationic Surfactants market is expected to grow 3.6% per year to $7.3 billion in 2027, and 4.9% annually to $9.3 billion in 2032. Growth is attributed to the rising use of cationic surfactants in hair conditioners, personal care products, household cleaning products and other industrial applications. Also, growing population and disposable income per capita is influencing the market. The Amphoteric Surfactants market is expected to grow 3.5% per year to $4.9 billion in 2027 and 4.8% annually to $6.2 billion in 2032. Rising demand for personal care products and steady economic growth in various countries are increasing growth. Growing demand for natural and gentler surfactants is also considered a factor.
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