The amphoteric surfactants market is expected to grow from USD 3.52 billion in 2018 to USD 4.94 billion by 2023, at a CAGR of 7.0% between 2018 and 2023. The market has been segmented based on type, application, and region. Based on type, the amine oxide segment of the market is projected to grow at the highest CAGR, in terms of value and volume between 2018 and 2023. The growth of the amine oxide segment of the amphoteric surfactants market can be attributed to the increased demand for amphoteric surfactants from the home care and Industrial & Institutional (I&I) cleaning applications.
Amphoteric surfactants have both, positive and negative functional groups (moiety) attached in the same molecule. The cationic part contains primary, secondary, or tertiary amines while the variable anionic group can have sulfonates or phosphates. Amphoteric surfactants are optimum in their action at neutral pH and hence, are mainly used in the personal care products. Betaine is the widely consumed amphoteric surfactant, globally due to its low cost and wide application range.
Some of the key players in the amphoteric surfactants market include AkzoNobel N.V. (Netherlands), BASF SE (Germany), Clariant AG (Switzerland), Croda (UK), Evonik Industries AG (Germany), Lonza (Switzerland), the Lubrizol Corporation (US), Oxiteno SA (Brazil), Solvay (Belgium), and Stepan Company (US).
