![Global Surfactants Market](https://res.cloudinary.com/devmoveo/image/upload/v1722592202/skyquest/report/phpep1Lch.jpg)
Report ID: SQMIG15A2077
Report ID:
SQMIG15A2077 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|
Tables:
95 |
Figures:
76
Surfactants Market was valued at USD 44.1 billion in 2022 and is expected to rise from USD 46.35 billion in 2023 to reach a value of USD 69.00 billion by 2031, at a CAGR of 5.1% during the forecast period (2024–2031).
Chemical compounds that reduce surface tension are known as surfactants. Rapidly expanding cleaning and personal industry verticals are projected to primarily augment the demand for surfactants over the coming years. Growing chemical manufacturing activity coupled with rising industrial use of surfactants will also boost market growth in the future. Development of bio-based surfactants is of interest as the focus on sustainability increases globally. Rising investments in development of novel surfactant technologies will also boost sales of surfactants across the study period and beyond. Moreover, rising disposable income and high emphasis on cleanliness and hygiene are also expected to indirectly benefit surfactants demand going forward. On the contrary, regulatory challenges, volatile raw material pricing, and health risks associated with use of certain surfactants are estimated to inhibit surfactants market development over the coming years.
US Surfactants Market is poised to grow at a sustainable CAGR for the next forecast year.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG15A2077