Specialty Surfactants Market Size (2024 - 2029)

The specialty surfactants market is anticipated to experience growth over the forecast period, driven by the expanding personal care industry and the oleochemicals sector, particularly in the Asia-Pacific region, which holds the largest market share. Despite challenges posed by environmental regulations, the market is poised for expansion, with emerging opportunities in the food processing industry. The market's trajectory has been influenced by the mixed impact of COVID-19, which initially boosted demand for household products while reducing it for industrial applications. As restrictions ease, the market is expected to continue its growth momentum.

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Market Size of Specialty Surfactants Industry

Specialty Surfactants Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Medium

Major Players

Specialty Surfactants Market Major Players

*Disclaimer: Major Players sorted in no particular order

Specialty Surfactants Market Analysis

During the time frame of the forecast, the specialty surfactants market is expected to register a CAGR of more than 5%.

COVID-19 had a rather mixed impact on the market for specialty surfactants. The market experienced a boom as a result of the rise in demand for household cleaning and personal care products. On the other hand, the market also saw a decrease in demand for industrial and institutional cleaners, agricultural products, lubricants, and fuel additives as a result of lockdowns and travel restrictions. However, with the ease in regulations, the market has started to gather pace since 2021, and the market is likely to follow a similar trajectory during the forecast period as well.

  • The major factors driving the market are the growing personal care industry in Asia-Pacific and the growth of the oleochemicals market.
  • However, increasing focus on environmental regulations is hindering the growth of the market studied.
  • In the near future, the growing need for specialty surfactants in the food processing industry is likely to give the market under study a number of chances to grow.
  • Asia-Pacific had the biggest share of the market, and it's likely that it will continue to do so for the next few years.

Specialty Surfactants Industry Segmentation

Specialty surfactants are the kind of chemical compounds that decrease the interfacial or surface tension between two liquids, a liquid and a gas, or a liquid and a solid, thus serving a lot of purposes in different products like personal care products, household soap and detergent, lubricants and fuel additives, and many more.

The specialty surfactants market is segmented by origin (synthetic surfactants and bio-based surfactants), type (anionic surfactants, cationic surfactants, non-ionic surfactants, amphoteric surfactants, silicone surfactants, and other types), and application (household soap and detergent, personal care, lubricants and fuel additives, industry and institutional cleaning, food processing, oilfield chemicals, agricultural chemicals, textile processing, and other applications). The report also covers the size and forecasts for the specialty surfactants market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD million).

Origin
Synthetic Surfactants
Bio-based Surfactants
Type
Anionic Surfactants
Cationic Surfactants
Non-ionic Surfactants
Amphoteric Surfactants
Silicone Surfactants
Other Types
Application
Household Soap and Detergent
Personal Care
Lubricants and Fuel Additives
Industry and Institutional Cleaning
Food Processing
Oilfield Chemicals
Agricultural Chemicals
Textile Processing
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Specialty Surfactants Market Size Summary

The specialty surfactants market is poised for significant growth, driven by the expanding personal care industry in the Asia-Pacific region and the burgeoning oleochemicals market. The market experienced a mixed impact due to COVID-19, with increased demand for household cleaning and personal care products, while facing declines in industrial and institutional sectors. However, the easing of restrictions has revitalized the market, which is expected to maintain its upward trajectory. The market's growth is somewhat tempered by environmental regulations, yet opportunities are emerging in the food processing industry. Asia-Pacific holds the largest market share, a position likely to persist, fueled by the robust personal care and industrial cleaning sectors in countries like India, China, and Japan.

The application of specialty surfactants in household detergents and soaps dominates the market, with these surfactants playing a crucial role in enhancing cleaning efficiency by reducing surface tension. The demand for detergents, particularly in the United States, is on the rise, driven by health and hygiene concerns. Leading brands such as Tide and Gain are prominent in the market. The Asia-Pacific region's dominance is supported by continuous population growth and increasing urbanization, which drive demand for high-quality cosmetic and personal care products. The market is moderately fragmented, with key players like BASF SE, Dow, and 3M holding significant shares. Recent strategic expansions and joint ventures, such as Nouryon's asset purchase in Southeast Asia and BASF's collaboration with Hannong Chemicals, highlight the dynamic nature of the market, aiming to meet the growing regional demand across various end-use sectors.

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Specialty Surfactants Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Personal Care Industry In Asia-pacific

      2. 1.1.2 Growth Of The Oleo Chemicals Market

    2. 1.2 Restraints

      1. 1.2.1 Increasing Focus On Environmental Regulations

    3. 1.3 Industry Value-chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market size in Value)

    1. 2.1 Origin

      1. 2.1.1 Synthetic Surfactants

      2. 2.1.2 Bio-based Surfactants

    2. 2.2 Type

      1. 2.2.1 Anionic Surfactants

      2. 2.2.2 Cationic Surfactants

      3. 2.2.3 Non-ionic Surfactants

      4. 2.2.4 Amphoteric Surfactants

      5. 2.2.5 Silicone Surfactants

      6. 2.2.6 Other Types

    3. 2.3 Application

      1. 2.3.1 Household Soap and Detergent

      2. 2.3.2 Personal Care

      3. 2.3.3 Lubricants and Fuel Additives

      4. 2.3.4 Industry and Institutional Cleaning

      5. 2.3.5 Food Processing

      6. 2.3.6 Oilfield Chemicals

      7. 2.3.7 Agricultural Chemicals

      8. 2.3.8 Textile Processing

      9. 2.3.9 Other Applications

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 ASEAN Countries

        6. 2.4.1.6 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 Italy

        4. 2.4.3.4 France

        5. 2.4.3.5 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle-East and Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Rest of Middle-East and Africa

Specialty Surfactants Market Size FAQs

The Specialty Surfactants Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

BASF SE, Dow, 3M, Stepan Company and KAO CORPORATION are the major companies operating in the Specialty Surfactants Market.

Specialty Surfactants Market Report Snapshots

Specialty Surfactants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)