The global surfactants market size is projected to reach USD57.81 billion by 2028, exhibiting a CAGR of 4.9% during the forecast period. The market stood at USD 39.42 billion in 2020 and is estimated to reach USD 41.22 billion in 2021. The rising demand for cleaning agents from the household sector is likely to fuel the market growth. Fortune Business Insights™ mentions this information in its report titled "Surfactants Market, 2021-2028."
Browse Complete Report Summary: https://www.fortunebusinessinsights.com/surfactants-market-102385
Rising Demand for Effective Sanitization Methods to Boost Market Growth
This market is expected to be affirmatively impacted amid the COVID-19 pandemic due to the growing demand for the product from household applications. The alarming spike in COVID-19 patients results in the adoption of advanced sanitation solutions. Cleaning agents are used in handwashes, floor cleaners, table cleaners, and others because of their ability to sanitize environments effectively. The rising awareness regarding sanitization and evolving buying preferences is expected to boost the product's demand from the household sector. Manufacturers adopt online retail to expand their market reach and boost sales. These factors may boost the market growth during the pandemic.
Highlights of the Report
The report offers a comprehensive examination of the top segments and the newest trends in the market. It expansively debates the drivers as well as the limiting factors and the influence of COVID-19 on the market. Furthermore, it reviews the regional progressions and the tactics undertaken by the market's vital players.
