The Natural Surfactants Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Natural Surfactants Global Market Report 2024, The natural surfactants market size has grown strongly in recent years. It will grow from $18.84 billion in 2023 to $20.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to consumer demand for natural products, environmental concerns and regulations, shift toward green chemistry, expanding personal care industry, consumer awareness of harsh chemicals, research and development initiatives, availability of raw materials.
The natural surfactants market size is expected to see strong growth in the next few years. It will grow to $26.26 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to expansion in agricultural sector, bio-based and renewable resources, preference for plant-derived ingredients, expansion of organic farming, government support for sustainable practices.. Major trends in the forecast period include expanding applications in household cleaners, innovation in biosurfactants, focus on renewable resources, technological advancements in extraction methods, performance optimization of natural surfactants.
The increase in demand for personal care products is expected to propel the natural surfactants market. Personal care products refer to the category of self-care products that are used for personal hygiene, cleaning, and grooming. It includes shampoos, skin moisturizers, perfumes, lipsticks, fingernails, hair colours, and others. Natural surfactants in personal care products are used to prepare various skin care products to provide detergency, wetting, emulsifying, solubilizing, and thickening of the products. For instance, in July 2021, according to The Industry Beauty, a UK-based website that provides vital beauty and grooming news, beauty and personal care sales at Unilever, a UK-based multinational company operating in consumer goods, cleaning agents, beauty products, and personal care, grew by 3.3% in the first half of 2021, in which the skincare segment grew double-digits, whereas the hair segment grew mid-single digit driven by washing and styling products. Therefore, increasing demand for personal care products is driving the growth of the natural surfactants market.
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The natural surfactants market covered in this report is segmented –
1) By Product Type: Anionic Natural Surfactants (Bio-Based Surfactants), Nonionic Natural Surfactants (Bio-Based Surfactants), Cationic Natural Surfactants (Bio-Based Surfactants), Amphoteric Natural Surfactants (Bio-Based Surfactants)
2) By Application: Detergents, Personal Care, Industrial And Institutional Cleaning, Oilfield Chemicals, Agricultural Chemicals, Other Applications
3) By Sales Channel: Direct Channel, Distribution Channel
Product innovation is the key trend in the natural surfactant market. Major companies operating in the natural surfactant market are concentrating on research and development for product innovations such as Vita 100% bio-based surfactants and polyethylene glycols (PEGs) to provide low carbon footprint solutions to customers. For instance, in February 2022, Clariant AG, a Switzerland-based multinational company operating in care chemicals, catalysis, natural resources, and plastics & coatings, introduced its innovative new surfactants and PEGs Vita products. These innovative products are 100% bio-ethanol derived from sugar cane or corn to create the ethylene oxide that reduces carbon footprints in manufacturing surfactants. These products have at least 98% Renewable Carbon Index (RCI) and save up to 85% of CO2 emissions by setting new standards in sustainable surfaces and green carbon solutions for helping to restore the earth’s carbon balance.
The natural surfactants market report table of contents includes:
1. Executive Summary
2. Natural Surfactants Market Characteristics
3. Natural Surfactants Market Trends And Strategies
4. Natural Surfactants Market – Macro Economic Scenario
5. Global Natural Surfactants Market Size and Growt
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26. South America Natural Surfactants Market
27. Brazil Natural Surfactants Market
28. Middle East Natural Surfactants Market
29. Africa Natural Surfactants Market
30. Natural Surfactants Market Competitive Landscape And Company Profiles
Top Major Players:
- Akzo Nobel N.V
- BASF SE
- The Dow Chemical Company
- Croda International PLC
- Huntsman Corporation
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