The global surfactants market size was USD 45.18 billion in 2023. The market is projected to grow from USD 47.36 billion in 2024 to USD 70.13 billion by 2032 at a CAGR of 4.9% during the forecast period. Asia Pacific dominated the surfactants market with a market share of 40.31% in 2023. The rising demand for cleaning agents from the household sector is likely to fuel the market growth. Fortune Business Insights™ mentions this information in its report titled "Surfactants Market, 2024-2032."
Surfactants are compounds made from combining liquid, gas, and other chemical compounds that contain minimal surface tension. They are used extensively in household applications because of their ability to effectively eliminate germs and maintain hygiene. They are used in food & beverage, personal care, textile, and household sectors because of their effectiveness and strength. Their emulsifying, washing, and wetting properties are expected to boost its demand from the household sector. They are used in shaving creams, handwashes, and creams because of their lubricating abilities. The compounds are used in shaving creams because of their ability to remove hair in a faster and easier manner. Further, the rising demand for hygiene among consumers is expected to boost demand for effective products among consumers. These factors are likely to fuel the market growth during the upcoming years.
Tariff Impact Analysis for Surfactants Market: https://www.fortunebusinessinsights.com/enquiry/sample/surfactants-market-102385
List of Key Players Profiled in this Market Report
Segments
By product, the market is segmented into amphoteric, cationic, non-ionic, and anionic. Based on application it is divided into plastics, industrial & institutional cleaning, food & beverages, textile, personal care, and home care. Geographically, it is grouped into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Highlights of the Report