October 04, 2021
According to the research report titled ‘Global Anionic Surfactants Market, 2021-2027’, available with MarketStudyReport, global anionic surfactants market is poised to register a CAGR of 3.8% over the assessment period 2021-2027.
As per the report findings, rising preference for environment friendly surfactants, and surging demand from various end-use sectors are the primary factors stimulating global anionic surfactants market growth. Moreover, increasing inclination towards bio-based surfactants is likely to create new opportunities for industry partakers in the upcoming years.
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For the unversed, anionic surfactants are surface active agents that consist of amphiphilic anion and an alkaline metal cation. These surfactants are primarily used in wetting, foaming, and cleaning agents, among others.
Elaborating on the negatives, imposition of strict government regulations on toxic chemicals is expected to restrain market development during the forecast period.
Based on product type, global anionic surfactants industry is split into alcohol ether sulfates, alpha olefin sulfonates, alkyl sulfates, and linear alkylbenzene sulfonate. Considering application scope, the industry classification comprises construction, homecare, personal care, and oil & gas sectors.
On the regional front, North America (U.S., Mexico, Canada), Europe (France, Germany, U.K., Italy), Asia Pacific (India, China, Japan, South Korea), Middle East & Africa (Saudi Arabia, South Africa, Turkey), and South America (Brazil, Argentina) are touted to be major contributors to industry remuneration.
Of these, the market in Asia Pacific and Middle East & Africa is likely to expand at a remarkable pace over 2021-2027, mainly due to rapid developments in infrastructure, rising spending power, and surge in manufacturing volume of cosmetics and detergents. In addition, growing consumption of personal care products, and burgeoning population will significantly add to the market development in Asia Pacific region.
Prominent players in global anionic surfactants industry sphere are Evonik Industries AG, Dow Inc., Clariant AG, Akzo Nobel N.V., Aarti Industries Ltd. (AIL), and BASF SE among others.