TransparencyMarket Research (TMR), in its report, predicts that the global surfactantsmarket would expand at a steady CAGR of 4.20% over theranging from 2015 to 2023. The global surfactants market is tabulated toaccumulate a value of USD 28.83 Bn by the end of the forecast period. Use ofsurfactants in the cosmetics industry shall play an integral role in drivingsales across the market. Moreover, solvent-based detergents have attractedincreased demand in recent times. It would be interesting to see the relianceof the market vendors on technological advancements in the chemical industry.
Useof Paints and Emulsions in Key Sectors
Emulsionsand paints are used across a multitude of industries, and this is an importantconsideration for market growth. The commercial sector is undergoing rapidstructural changes in terms of constructions, interior designing, and planning.Therefore, use of high-quality paints has become an important driver of demandwithin the global market. Fabric softeners have emerged as important productsin the market, and they have been well received by consumers. Therefore, theglobal surfactants market is projected to offer new opportunities the emergingand upcoming market players. The next decade would be crucial for leadingvendors as need for cleaners, adhesives, and soaps rise across the globe.
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Trend of Paper Recycling GainsSwing
Advancementsin the energy sector have also ushered an era of advancements across the globalmarket. Use of recycled paper has become a prominent practice across severalindustries. Deinking of recycled paper can be effectively accomplished with thehelp of surfactants. Moreover, ski waxes and anti-fogs are key products thatare manufactured from surfactants. It is important to analyse the supplydynamics of surfactants in order to gauge sales. Availability of detergents,soaps, and lubricants across retail outlets is a sound indicator of growthwithin the global surfactants market. Besides, use of these products inmultiple industries shall also play an underhanded role in market growth.
Some of theleading players operating in the global surfactants market are ClariantInternational Ltd., Evonik Industries AG, Galaxy Surfactants Limited, The DowChemical Company, Akzo Nobel N.V., Lonza Group Ltd., and BASF SE.
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