Ongoing Research Report
In the News
January 2019: Kao Corporation announced that it has developed Bio IOS, which is a natural surfactant made by the residue of pressed palm oil from the fruit of oil palm.
October 2018: Croda International Plc announced that it has officially launched the ECO range of bio-based surfactants.
Introduction to Natural Surfactants
Natural surfactants, also commonly known as bio-based surfactants, are compounds that have lower surface tension and are used commonly as detergents, dispersants, emulsifiers, foaming agents and wetting agents. These organic compounds contain both hydrophilic and hydrophobic group. Natural surfactants are often produced from bio-based ingredients, especially plants. Natural surfactants are known to cause have less detrimental effects over conventional chemical-based surfactants.
Market Size and Forecast
The global natural surfactants market is thriving on the back of the increasing demand for surfactants from several end user industries along with the increasing advancements in chemical science, that has helped to provide several organic chemical compounds which are known to possess less threat to the environment. According to the statistics by the United Nations Environment Programme, the size of the global chemical industry exceeded USD 5 trillion in the year 2017, and it is further projected to double by the end of 2030. The statistics further states the need to minimize the adverse impacts of chemicals, which has been estimated to be the high tens of USD annually.
The global natural surfactants market is anticipated to record a significant CAGR throughout the forecast period, i.e. 2021-2028. The market is segmented by product type into anionic, cationic, nonionic and amphoteric. The nonionic segment is anticipated to register the highest market share on the back of several benefits of nonionic natural surfactants over the other product types, coupled with the increasing utilization of nonionic natural surfactants in detergents, solubilizers, emulsifiers and wetting agents amongst others. Nonionic natural surfactants do not undergo ionization when dissolved in water and are stable and do not easily get affected by strong electrolytes. Moreover, nonionic natural surfactants are highly compatible with other natural surfactant product types. On the other hand, the increasing trade of non-ionic organic surface-active agents around the globe is also anticipated to drive the growth of the segment in the global natural surfactants market during the forecast period. According to the statistics by the International Trade Centre, the exports of non-ionic organic surface-active agents globally increased from USD 4510957 thousands in the year 2015 to USD 5286988 thousands in the year 2018.
Growth Drivers
Growing Concerns for the Environment-
The concern for the solid wastes generated around the globe is increasing every day. To tackle the issue, several governmental agencies, including researchers and scientists are working on to develop solutions that can help to curb the global issues of solid wastes. Owing to the increasing availability of waste materials around the globe, products such as natural surfactants, which are also manufactured by waste materials, has provided a dynamic solution to waste management, both for industries and the environmental agencies dealing with waste management. As such, several manufacturers in the chemical industry are increasingly switching to such chemical compounds which can help to contribute to lesser environmental pollution. Such a factor is anticipated to drive the growth of the global natural surfactants market.
By Region
On the basis of regional analysis, the global natural surfactants market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
The natural surfactants market in Europe is anticipated to hold the largest market share on the back of the rapid growth in the end-user industries, such as oilfield chemicals, personal care and detergents amongst others. Further, the market in Asia Pacific is anticipated to grow with a significant market share on the back of growing demand for natural surfactants in the agriculture industry. Nations such as China and India are known to have a strong agricultural base, and therefore the need for natural surfactants, which in turn is anticipated to drive the growth of the market in the region.
The global natural surfactants market is further classified on the basis of region as follows:
In the News
January 2019: Kao Corporation announced that it has developed Bio IOS, which is a natural surfactant made by the residue of pressed palm oil from the fruit of oil palm.
October 2018: Croda International Plc announced that it has officially launched the ECO range of bio-based surfactants.
Introduction to Natural Surfactants
Natural surfactants, also commonly known as bio-based surfactants, are compounds that have lower surface tension and are used commonly as detergents, dispersants, emulsifiers, foaming agents and wetting agents. These organic compounds contain both hydrophilic and hydrophobic group. Natural surfactants are often produced from bio-based ingredients, especially plants. Natural surfactants are known to cause have less detrimental effects over conventional chemical-based surfactants.
Market Size and Forecast
The global natural surfactants market is thriving on the back of the increasing demand for surfactants from several end user industries along with the increasing advancements in chemical science, that has helped to provide several organic chemical compounds which are known to possess less threat to the environment. According to the statistics by the United Nations Environment Programme, the size of the global chemical industry exceeded USD 5 trillion in the year 2017, and it is further projected to double by the end of 2030. The statistics further states the need to minimize the adverse impacts of chemicals, which has been estimated to be the high tens of USD annually.
The global natural surfactants market is anticipated to record a significant CAGR throughout the forecast period, i.e. 2021-2028. The market is segmented by product type into anionic, cationic, nonionic and amphoteric. The nonionic segment is anticipated to register the highest market share on the back of several benefits of nonionic natural surfactants over the other product types, coupled with the increasing utilization of nonionic natural surfactants in detergents, solubilizers, emulsifiers and wetting agents amongst others. Nonionic natural surfactants do not undergo ionization when dissolved in water and are stable and do not easily get affected by strong electrolytes. Moreover, nonionic natural surfactants are highly compatible with other natural surfactant product types. On the other hand, the increasing trade of non-ionic organic surface-active agents around the globe is also anticipated to drive the growth of the segment in the global natural surfactants market during the forecast period. According to the statistics by the International Trade Centre, the exports of non-ionic organic surface-active agents globally increased from USD 4510957 thousands in the year 2015 to USD 5286988 thousands in the year 2018.
Growth Drivers
Growing Concerns for the Environment-
The concern for the solid wastes generated around the globe is increasing every day. To tackle the issue, several governmental agencies, including researchers and scientists are working on to develop solutions that can help to curb the global issues of solid wastes. Owing to the increasing availability of waste materials around the globe, products such as natural surfactants, which are also manufactured by waste materials, has provided a dynamic solution to waste management, both for industries and the environmental agencies dealing with waste management. As such, several manufacturers in the chemical industry are increasingly switching to such chemical compounds which can help to contribute to lesser environmental pollution. Such a factor is anticipated to drive the growth of the global natural surfactants market.
By Region
On the basis of regional analysis, the global natural surfactants market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
The natural surfactants market in Europe is anticipated to hold the largest market share on the back of the rapid growth in the end-user industries, such as oilfield chemicals, personal care and detergents amongst others. Further, the market in Asia Pacific is anticipated to grow with a significant market share on the back of growing demand for natural surfactants in the agriculture industry. Nations such as China and India are known to have a strong agricultural base, and therefore the need for natural surfactants, which in turn is anticipated to drive the growth of the market in the region.
The global natural surfactants market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis.
Companies Mentioned
- Croda International Plc
- Akzo Nobel N.V.
- BASF SE
- The Dow Chemical Company
- Huntsman International LLC
- Clariant Ltd.
- Stepan Company
- India Glycols Limited
- Kao Corporation
- Other Notable Players
Please note the number of players as well as the addition/deletion can be done in the final deliverable as per the feasibility
