The North America Surfactant Market is anticipated to register 1.5% market growth during the forecast period of 2022-2029 with the impact of market growth. Awareness of products such as hand sanitizer is increasing the growth of the surfactant market.
Surfactants (also called surfactants) are basically organic in hydrophilic and hydrophobic groups. Surfactants are widely used in various applications such as pharmaceuticals, petroleum, agrochemicals and cosmetics.
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North America Surfactant Market Scope and Market Size
The surfactant market is segmented by type, substrate and application. Growth between different segments will help you gain knowledge of the various growth factors that are expected to dominate the market and formulate different strategies to identify key application areas and differences within your target market.
Based on the substrate, the surfactant market is segmented into synthetic surfactants and biologically based surfactants.
Based on application, the surfactant market is segmented into detergents, personal care, textiles, petrochemicals, food & beverage, emulsifiers, foaming agents, industrial & institutional cleaning, and plant protection.
North America Surfactant Market Country Level Analysis
The Surfactant Market is analyzed providing information on the market size, volume by type, substrate and application as mentioned above.
The countries covered by the Surfactant Market Report are the United States, Canada and Mexico in North America.
The United States dominates the surfactant market due to the growth of the personal care industry. In addition, the growth of the food industry will further drive the growth of the surfactant market in the region during the forecast period.
Competitive Landscape and North America Surfactant Market Share Analysis
The competitive landscape of the surfactant market provides a breakdown of competitors. The details included are company overview, company financial results, sales achieved, market potential, investment in research and development, new market initiatives, presence in Europe, manufacturing locations and facilities, production capacity, company strengths and weaknesses.
Some of the major players operating in the surfactant market report are
· BASF SE
· Akzo Nobel N.V
· Stepan Company
· Rhodia Pads, Clariant
· corporate.evonik
· Croda International Plc.
· Huntsman International LLC.
· Air Products, Inc
· Aarti Industries Ltd.
· Solvay.
· Dow
· Procter & Gamble
· KOA Corporation
· Lion Specialty Chemicals Co Ltd
Market Analysis and Insights North America Surfactant Market
Factors such as easy access to surfactants and increasing demand from many applications, along with increasing demand for organic products, are the main reasons behind the growth of this growing market.
The factors that are expected to slow down the growth of the surfactant market during the forecast period are the increasing demand for bio-based surfactants and green sustainable surfactants.
In addition, the increasing purchasing power of the growing middle class and the low prices and availability of ready-to-use synthetic surfactants will pave the way for further market growth. Fluctuating raw material prices and high prices of bio-based surfactants are likely to hamper the growth of the surfactant market.
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Major TOC of North America Surfactant Market Forecast
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