The global anionic surfactants market is estimated at USD 16.36 billion in 2017 and is projected to reach USD 20.10 billion by 2022 at a CAGR of 4.2%. The market is mostly driven by the growing number of applications in home care, personal care, oil & gas, and construction industries. Factors such as technological advances, increasing working population, rising incomes, and changing consumer preferences are driving the anionic surfactants market. The demand for anionic surfactants is growing as they provide multifunctional properties to various personal care products such as skin creams, sunscreens, anti-aging creams, anti-acne creams, hair conditioners, and hair shampoos, among others. The growing awareness among consumers regarding the availability of products with multifunctional properties and rising concern for personal hygiene are also driving the demand in the home care segment.
Download the PDF Brochure for more insight @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=239519688
The anionic surfactants market, on the basis of type, has been classified into linear alkylbenzene sulfonate (LAS), lignosulfonates, alcohol ether sulfates/fatty alcohol sulfates (AES/FAS), alkyl sulfates/ether sulfates, sarcosinates, alpha olefin sulfonates (AOS), phosphate esters, and alkyl naphthalene sulfonates, among others.
Lignosulfonates is expected to be the fastest-growing type segment during the forecast period. Lignosulfonates are water-soluble anionic surfactants used in applications in industries such as construction, oil & gas, etc. They are the by-products obtained from the production of wood pulp using sulfite pulping. Typical application areas of lignosulfonates are concrete additives, crop protection, pigment dispersion, fertilizers, and leather tanning, among others.
The construction application segment of the anionic surfactants market is expected to witness the highest growth during the forecast period. The anionic surfactants market in the construction industry is witnessing high growth in various regions such as the Middle East and Asia Pacific, especially in countries such as China, India, the UAE, and Saudi Arabia, among others. These factors, along with the upcoming infrastructure projects in the energy and manufacturing sectors in Saudi Arabia, are expected to drive the market in the region.
Asia Pacific is expected to be the fastest-growing market for anionic surfactants. Rapid industrialization, coupled with the growing personal care and home care industries, is expected to drive the market in the region. Rising disposable incomes of consumers and changing lifestyles play a significant role in boosting the demand for anionic surfactants. In Asia Pacific, China is the largest market for anionic surfactants owing to its rapidly growing home care and personal care industries. Improved lifestyles, increasing standards of living, increasing population, and high economic growth of the emerging countries such as China, South Korea, India, and Indonesia have made Asia Pacific an attractive market for personal care and home care products. The increasing population and availability of affordable products are primarily responsible for the high demand for personal care ingredients in the region.
No comments:
Post a Comment