Global Amphoteric Surfactant Market Research Report Explores The Industry Trends For The Forecast Period, 2018-2025
Market Definition: Global Amphoteric Surfactant Market
Amphoteric surfactant is a chemical compound that helps to clean efficiently. It is manufactured with the help of petrochemicals and vegetable oil and performs better in hot and hard water. Foaming, conditioning and good detergency are some of the properties of this surfactant. Due to these properties, it is widely used as foam baths, shower gels, liquid soaps in personal care and household activities. According to International Trade Administration, in 2015, the personal care and cosmetic market in Australia was estimated to USD 3.4 billion, with conservatively 4% growth per annum in 2017 and 2018. As per National Health Expenditures, in 2016, U.S. health care spending was increased by 4.3% to reach USD 3.3 trillion in 2016. The above factor proves that the demand for health care and personal care product around the globe is increasing and will drive the demand for amphoteric surfactant.
Market Analysis: Global Amphoteric Surfactant Market
The Global Amphoteric Surfactant Market is expected to reach USD 1,272.01 million by 2025, from USD 951.1 million in 2017 growing at a CAGR of 3.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Market Drivers:- Growing demand in Asia-Pacific
- Growing personal care & home care industry
- Development in Japan textile industries
Market Restraint:
- Mature market of amphoteric surfactant
- Environmental concerns
Competitive Landscape: Global Amphoteric Surfactant Market
The global amphoteric surfactant market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of the amphoteric surfactant market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Key Market Competitors: Global Amphoteric Surfactant Market
The key players operating in the global amphoteric surfactant market are –
- Eastman Chemical Company
- BASF SE
- Clariant
- Croda International Plc
The other players in the market are BP p.l.c, Air Products and Chemicals, Inc., Akzo Nobel N.V., Croda International Plc, Huntsman International LLC., Lonza., The Lubrizol Corporation, Oxiteno Sa, LyondellBasell Industries Holdings B.V., Pilot Chemical Corp, SIBUR, Sunshield Chemicals Ltd., Solvay, Stepan Company, and many more.
Segmentation: Global Amphoteric Surfactant Market
By Application
By Type
By Geography
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Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global amphoteric surfactant market
- Analyze and forecast the amphoteric surfactant market on the basis of application and type
- Trends of key regional and country-level markets for application and type
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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