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Global Surfactant Consumption to Grow at a CAGR of 6.19% from 2012 to 2017: Markets&Markets

Published on 2012-11-28. Author : SpecialChem

The report "Surfactants Market By Product Types [Anionic, Non-Ionic, Cationic, Amphoteric], Substrates [Synthetic/Petrochemical, Bio-Based/ Natural/Green], Geography & Applications - Global Industry Trends And Forecasts To 2017", defines and segments the surfactant market with analysis and forecasting of the global volume and revenue. The global surfactant consumption revenue is expected to grow from $27,040 million in 2012 to $36,518 million by 2017, growing at an estimated CAGR of 6.19% from 2012 to 2017. In this, synthetic surfactants are expected to occupy the major share when compared to bio-based surfactants during the next five years. However, consumption of bio-based surfactants is predicted to show a significant growth by 2017. As of 2012, European region is estimated to be the largest consumer of surfactants and would remain top consumer by 2017. North America would be the second largest surfactant consumer in 2012, whereas Asia-Pacific is expected to be the third largest surfactant consumer in the same year. The trend is predicted to change by 2017, where Asia-Pacific region would be the second largest consumer of surfactants, which would be pursued by North America as the third largest surfactant consuming region.

Considering surfactant consumption by product type, anionic and non-ionic surfactants are estimated to constitute largest share in 2012 and are expected to be the largest segment by 2017. From view point of surfactant consumption by applications, soap/detergent is the largest market for surfactant consumption as of year 2012 and is estimated to remain highest surfactant consuming segment by 2017.

Hazardous environmental impacts, eco-friendly tag of bio-based surfactants might lead to slow growth of synthetic surfactants in the future. However, broadened application areas of surfactants across all industries, and easy availability of synthetic surfactants would keep them in demand in the near future. The overall surfactant demand in the near future would depend on certain factors such as increased applications areas and increasing demand from various industrial segments, newer/alternative products with compatible price range, substrate availability, environmental laws and regulations, increasing surfactant consumption in developing countries, increasing awareness towards eco-friendly products, etc. The global surfactant consumption is expected to grow at an estimated CAGR of 6.01% from 2012 to 2017.

The market dynamics of concrete admixtures industry are studied for market insights such as drivers, restraints, and opportunities. The main drivers of automotive plastics utilization are its high demand in developing countries, improved quality and economics of construction, and steadily growing urbanization trend. The factors restraining the market could be established infrastructures in developed countries and unstable economic cycle. The opportunities are cited in utilization of Ready Mix Concrete (RMC) in developing countries.

The report also touches on various other important aspects of the market. It includes an analysis of the value chain, Porter's five forces analysis, the competitive landscape, a raw material analysis, patent analysis, as well as the fracturing process. It also includes an analysis of the production cost. In addition, 11 key players of this market have also been profiled.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. They publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

Source: MarketsandMarkets


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