The global specialty surfactants and bio-surfactants market is expected to witness surging demand over the next seven years owing to the growing demand for these products in the oilfield chemicals industry. Growing demand for the increase in applications such as soaps and detergents, personal care, and industrial sectors is expected to drive market growth. Furthermore, increasing use of environment-friendly bio-surfactants owing to the stringent government regulations is expected to impact the demand favorably.
Increasing usage of the product in varied industrial applications such as emulsifiers, foaming agents, wetting agents, emulsifiers, and detergents helps reduce the surface tension between two liquids or a solid and liquid. In pharmaceutical industries, the products are used in tablet and capsule formulations as they increase the drug dissolution rate. Furthermore, these products are also used in therapeutic and cosmetic mouthwashes as well as ointments, on account of its property to facilitate the absorption of drugs by the body tissues. Growing use of specialty surfactant in the personal care segment, particularly in hair conditioners, cold creams, vanishing creams, and shaving creams are also expected to drive the market demand. Bio-surfactants have profound usage in agricultural applications wherein it is used to facilitate water absorption by the water repellent soils, which further is expected to help in irrigation. Furthermore, bio-surfactants have profound usage in agriculture adjuvants used in herbicidal spray solutions such as co-solvents, penetrants, and stabilizing agents. The product has widespread usage in the food industry wherein it is used in water as well as oil emulsions which further includes pasteurized butter, sauces, and homogenized milk. Additionally, the product also has extensive usage in the oilfield chemical industry for corrosion control, demulsification, scale control, and paraffin dispersants.
The specialty surfactants and bio-surfactants market is segmented by products into anionic, cationic, nonionic, & amphoteric surfactant and others which include silicone and fluorosurfactants. Anionic compounds are expected to account for the majority of market share due to their usage in linear alkyl benzene sulfonate (LABS), which has further usage in several other industries. Cationic surfactants pose to be a major ingredient in soaps & detergents on account of their hydrophilic nature. As a result, these products are expected to witness high demand over the next seven years. Nonionic compounds are used in paints and coatings and detergents on account of their faster mechanism in comparison with the counterparts. Amphoteric compounds have dual action property which means that they can act as anionic compounds in alkaline medium and cationic compounds in acidic medium. Furthermore, these products can be used in hard water and can be employed for a broad range of pH. The market is segmented into Methyl Ester Ketone (MES) and Alkyl Polyglucoside (APG). MES accounts for the largest market share of biosurfactants market on account of its lesser price in comparison with its substitutes. APG represents a significant market share on account of its increasing usage as the foaming agent.
Application segment includes household, personal care, oilfield chemicals, food processing, industrial chemicals, pharmaceuticals, and crop protection. The household segment accounted for larger share on a result of the growing demand for the soaps & detergents, and household cleaners. Increasing oil exploration and extraction activities in the oil producing countries are expected to spur the oilfields chemicals market growth. Biosurfactants are projected to have profound usage in the oilfield chemicals on account of its stable chemical nature and excellent cleaning ability.
Growing demand for the product in personal care products such as shampoos, and soaps, is expected to impact the specialty surfactants and bio-surfactants market growth favorably. The increasing use of pesticides and herbicides for agricultural applications in emerging economies, particularly in India is projected to fuel biosurfactants’ demand over the next seven years. Stringent regulations regarding the use of synthetic surfactant and growing awareness about the health hazards are anticipated to spur the product demand in next seven years.
Leading companies such as Evonik Industries produces a particular type of silicone surfactant which is used to manufacture polyether based polyurethane foams, which further improves process efficiency and properties of the product. For instance, In March 2015, Evonik announced the acquisition of Swiss company, Clariant, to increase its market share and also to focus on the product expansion. For instance, In April 2013, Rhodia announced a joint venture with SIBUR to cater to the household, personal care, and oil & gas application segments. Furthermore, In March 2015, BASF and Solazyme announced the launch of Dayton, surfactant derived from microalgae oil, which could be used for household as well as personal care products such as shampoos, liquid soaps, and dishwashing liquids. Key market players include Clariant, Stepan Company, Rhodia, Evonik Industries, Huntsman Corporation MG Intobio Croda International, Ecover, Urumqui Unite, and Saraya.
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Contact us now
We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.
"The quality of research they have done for us has been excellent."