Global Surfactants Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030

Global Surfactants Market

The global Surfactants market is projected to reach US$ 37320 million by 2030 from an estimated US$ 31260 million in 2024, at a CAGR of 3.0% during 2024 and 2030.

Surfactants are compounds that lower the surface tension (or interfacial tension) between two liquids, between a gas and a liquid, or between a liquid and a solid. Key drivers of the surfactants market include increasing application in end-use industries such as petroleum, pharmaceuticals, agrochemicals, cosmetics, and an increase in awareness for personal care, hygiene, etc. Other factors contributing to the growth of the surfactants market are rising usage of anionic surfactants owing to their low cost and easy availability, rising health and environmental concerns leading to a shift towards production of green surfactants, and growing research and development initiatives for the creation of sustainable products in the global surfactants market.  Growing consumer awareness related to the benefits of cleaning products is also fueling the growth of the market and will surge further during the forecast period.

Trends Influencing the Growth of Surfactants Market

The rise of green surfactants will propel the growth of the market

Growing consumer awareness for personal care, hygiene, and rising preference for eco-friendly products boost the growth of the market. As companies are spending hugely on the research and development of biodegradable and eco-friendly cleaning products the rise of green surfactants will accelerate the growth of the surfactants market in the coming years leading to widespread application of surfactants in a variety of industries. Further several strategies and initiatives are being taken to increase widescale adoption of green surfactants including plant-based biosurfactants, microbial-based, etc. Biosurfactants are expected to aid in the market growth in the coming years due to their low toxicity and high biodegradability feature .

Widespread application and increasing consumer awareness regarding personal care, hygiene will drive the growth of the market

The personal care and hygiene industry is driving the growth of the global surfactants market. The demand for surfactants for usage in a variety of end-user industries is going to increase in the coming years owing to their properties such as wettability, detergency, emulsion, foam formation, and dispersion stabilization. Also, lower cost, easy availability, and growing usage of surfactants in household detergents will further expand the growth of the surfactants market globally during the forecast period. Further, the growing population has led to an increase in consumption of food and beverages leading manufacturers to increase their production levels to match the growing demand. This has, in turn, led to the rise in demand for surfactants as additives in the F&B industry.

The growing popularity of anionic surfactants will fuel the growth of the market

The rising popularity of anionic surfactants and their widespread application is accelerating the growth of the market. Anionic surfactants belong to a group of surface-active reagents which allow them to bind to impurities and particles suspended in the liquid. Thus, these surfactants find widespread application in removing dirt, sebum, carpet cleaning, cosmetics including skincare and haircare, shampoos, etc. Hence the growing demand for anionic surfactants will expand the growth of the surfactants market during the forecast period.

Growing concern of personal hygiene and health amid the covid 19 outbreak will fuel the growth of the market

Covid 19 has significantly shifted consumer trends towards the household care industry. People are now more conscious of health, hygiene and have adapted to the challenges of the pandemic. There has been a sudden increase in the sales of disinfectants, cleaners, hand sanitizers, and soaps leading to more product innovations in the global surfactants market. Rising demand due to covid 19 will significantly expand the growth of the surfactants market during the forecast period.

Surfactants Market Share Analysis

The major players in global surfactants market include BASF, Stepan, Evonik, etc. The top 2 players occupy over 10% shares of the global market. North America and Europe are main markets, they occupy about 48% of the global market.

Surfactants Market Segmentation

Product Type

• Anionic
• Cationic
• Non-Ionic
• Amphoteric

End Users

• Detergent
• Textile
• Personal Care
• Petrochemical
• Paint and Coating

Key Companies

• BASF
• Stepan
• Zanyu Technology
• Indorama
• Solvay
• Sasol
• Evonik
• Lion Specialty Chemicals Co., Ltd
• Resun-Auway
• Clariant
• Dow
• Nouryon
• Kao
• Croda
• Sinolight
• Innospec
• Tianjin Angel Chemicals
• Galaxy Surfactants