Natural Surfactants Market Size Is Expected To Gain Momentum By Reaching USD 24.78 Billion By 2028 | Know the Russia Ukraine war Impact On Natural Surfactants Industry

Posted on May 9 2022 6:17 AM

"Companies covered in natural surfactants market are BASF SE, Clariant AG, Croda International Plc., WHEATOLEO, The Dow Chemical Company, CECA Arkema Group, SEPPIC, and more players profiled. "

According to Fortune Business Insights ,The global natural surfactants market size is expected to gain momentum by reaching USD 24.78 billion by 2028 while exhibiting a CAGR of 3.9% between 2021 and 2028, In report, mentions that the market stood at USD 18.16 billion in 2020. Factors such as the high demand for renewable petroleum biotechnology across the oil industry and the increasing demand for detergents are anticipated to favor the demand for the product globally. Biosurfactants are extensively adopted across the oil refining chain and in petrochemical component formulations. They act as effective emulsifying/demulsifying agents, biocides for sulfate-reducing bacteria, anticorrosive, fuel formulation, and bitumen extraction from tar sands. Therefore, their growing adoption is likely to play a pivotal role in positively driving the market.

Get Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/natural-surfactants-market-105407

Russia-Ukraine War Implication

The Russia-Ukraine war could change the Natural Surfactants Market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global Natural Surfactants Market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

 

List of the Companies Profiled in the Natural Surfactants Market

  • BASF SE (Ludwigshafen, Germany)
  • Clariant AG (Muttenz, Switzerland)
  • Croda International Plc. (Snaith, United Kingdom)
  • WHEATOLEO (Pomacle, France)
  • The Dow Chemical Company (Midland, Michigan, United States)
  • CECA Arkema Group (Colombes, France)
  • SEPPIC (Paris, France)
  • Evonik Industries (Essen, Germany)
  • Innovative Chemical Technologies (Maharashtra, India)
  • Other Key Players

What does the Report Include?

The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period.

Market Segmentation:

Based on product, the market is segregated into detergents, industrial & institutional, personal care, oilfield chemicals, and others. Besides, on the basis of application, the market is divided into detergents, industrial & institutional, personal care, oilfield chemicals, and others.

Based on application, the detergent segment held a global natural surfactants market share of about 45.7% in 2020. The segment is likely to dominate backed by the growing demand for washing machines in the developing economies. This is further expected to propel the demand for advanced natural detergents worldwide.

Finally, based on the region, the market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

DRIVING FACTORS

Increasing Demand for Natural Detergents to Augment Growth

There are several types of detergents such as dishwasher detergents, laundry detergents, and carpet cleaners. The primary role for these detergents is to remove dirt from fabrics and ensure that the fabrics remain smooth. The detergent chemicals industry accounts for over half of all-natural surfactant consumption globally. In addition to this, rapid-paced urbanization is leading to the rising number of smart cities and the increasing disposable income is driving the demand for advanced washing appliances. These factors are expected to contribute to the global natural surfactants market growth during the forecast period.

Ask for Customization:

https://www.fortunebusinessinsights.com/enquiry/customization/natural-surfactants-market-105407

 

REGIONAL INSIGHTS

Europe – The region stood at USD 6.87 billion in 2020 and is expected to hold the highest position in the market during the foreseeable future. This is attributable to the high demand for detergents and oilfield chemicals that is propelling the adoption of these surfactants in the region.

North America – The market in the region is expected to showcase considerable growth backed by the growing consumer demand towards bio-based ingredients across the personal care segment.

COMPETITIVE LANDSCAPE

Partnership by Major Companies to Brighten Their Natural Surfactants Market Prospects

The global market comprises small, medium, and large companies striving to maintain their presence by partnering other companies to develop innovative products to cater to the growing demand from the end-users worldwide. Moreover, other key players are adopting strategies such as merger and acquisition, the introduction of new products, and facility expansion that will contribute to the growth of the market during the forecast period.

Inquire Before Buying This Report:

https://www.fortunebusinessinsights.com/enquiry/queries/natural-surfactants-market-105407

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Address:

Fortune Business Insights Pvt. Ltd.

9th Floor, Icon Tower, Baner –

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: [email protected]

LinkedInFacebookTwitter