The European surfactant market was estimated at USD 8.3 billion in 2017, and is projected to reach USD 10.1 billion by 2023. Surfactants are compounds that aid in lowering the interfacial or surface tensions between a liquid and a solid, or between two liquids. They are generally organic compounds that are amphiphilic i.e. they contain both their hydrophilic group and hydrophobic group. As a result, they contain both water-soluble and water-insoluble components.
Surfactants, owing to their surface reducing properties, biocide nature, and adsorption properties (aid in stabilizing the rapidly formed bubbles during emulsification, coating, or foaming processes), are becoming an integral part of the various commercial and industrial sectors. Additionally, because of their viscosity and elasticity, they are increasingly becoming popular in numerous applications.
Growth of the Oleochemical Market Driving Bio-based Surfactants
Oleochemicals are produced from natural sources, such as fats and oils obtained from vegetables or animals. They are usually less toxic as compared to petrochemicals; hence, they are gaining popularity as substitutes for petroleum-based products. The demand for oleochemicals has increased significantly in various segments of the chemical industry due to the escalating demand for bio-based products and the growing need for sustainable solutions, along with changes in regulatory framework. Various new applications, such as biosurfactants, bio-lubricants, and biopolymers are emerging as replacements for petroleum-based products, creating growth opportunities for the oleochemicals market. As most of the bio-based surfactants are derived from oleochemicals, the growth of the oleochemicals market is expected to drive the market for bio-based surfactants during the forecast period.
Market Segmentation
In the European surfactant market, the household soap segment is expected to dominate the market by application; however, the personal care application segment is expected to witness the highest growth during the forecast period. On the other hand, by type, the anionic surfactant segment is expected to witness the highest growth during the forecast period.
Key Developments in the Market
January 2018: Novaliq GmbH, a specialty pharmaceutical company with a disruptive drug delivery platform, announced its first patient enrolled in its SEECASE Phase II trial of NOV03 for the treatment of dry eye disease. NOV03 may become the first non-blurring, water and surfactant-free treatment to address the medical needs of these patients.
October 2017: Clariant, launched a renewable surfactants in hand dishwashing liquid (HDWL) detergents with market breakthrough GlucoPure® Sense, a unique label-free surfactant based on 100% renewable sunflower oil sourced in Europe.
October 2017: Clariant unveiled an inspirational new platform linking megatrends with products for the Home Care market, a high purity colorant for cosmetics, and new renewable ingredients paving the way for label-free hand dishwashing liquids and less use of preservatives in mild formulations, at SEPAWA 2017.
Key Players: Huntsman Corp. Dowdupont, Henkel AG & CO. KGAA, Clariant AG and BASF AG amongst others.
Reasons to Purchase this Report
How the merger of Dow and DuPont will affect the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Which application is expected to dominate the market
Which regions are expected to witness fastest growth during the forecast period
Identify the latest developments, market shares and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (In excel)
Customization of the Report
This report can be customized to meet your requirements.
This product will be delivered within 2 business days.
Surfactants, owing to their surface reducing properties, biocide nature, and adsorption properties (aid in stabilizing the rapidly formed bubbles during emulsification, coating, or foaming processes), are becoming an integral part of the various commercial and industrial sectors. Additionally, because of their viscosity and elasticity, they are increasingly becoming popular in numerous applications.
Growth of the Oleochemical Market Driving Bio-based Surfactants
Oleochemicals are produced from natural sources, such as fats and oils obtained from vegetables or animals. They are usually less toxic as compared to petrochemicals; hence, they are gaining popularity as substitutes for petroleum-based products. The demand for oleochemicals has increased significantly in various segments of the chemical industry due to the escalating demand for bio-based products and the growing need for sustainable solutions, along with changes in regulatory framework. Various new applications, such as biosurfactants, bio-lubricants, and biopolymers are emerging as replacements for petroleum-based products, creating growth opportunities for the oleochemicals market. As most of the bio-based surfactants are derived from oleochemicals, the growth of the oleochemicals market is expected to drive the market for bio-based surfactants during the forecast period.
Market Segmentation
In the European surfactant market, the household soap segment is expected to dominate the market by application; however, the personal care application segment is expected to witness the highest growth during the forecast period. On the other hand, by type, the anionic surfactant segment is expected to witness the highest growth during the forecast period.
Key Developments in the Market
January 2018: Novaliq GmbH, a specialty pharmaceutical company with a disruptive drug delivery platform, announced its first patient enrolled in its SEECASE Phase II trial of NOV03 for the treatment of dry eye disease. NOV03 may become the first non-blurring, water and surfactant-free treatment to address the medical needs of these patients.
October 2017: Clariant, launched a renewable surfactants in hand dishwashing liquid (HDWL) detergents with market breakthrough GlucoPure® Sense, a unique label-free surfactant based on 100% renewable sunflower oil sourced in Europe.
October 2017: Clariant unveiled an inspirational new platform linking megatrends with products for the Home Care market, a high purity colorant for cosmetics, and new renewable ingredients paving the way for label-free hand dishwashing liquids and less use of preservatives in mild formulations, at SEPAWA 2017.
Key Players: Huntsman Corp. Dowdupont, Henkel AG & CO. KGAA, Clariant AG and BASF AG amongst others.
Reasons to Purchase this Report
How the merger of Dow and DuPont will affect the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Which application is expected to dominate the market
Which regions are expected to witness fastest growth during the forecast period
Identify the latest developments, market shares and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (In excel)
Customization of the Report
This report can be customized to meet your requirements.
This product will be delivered within 2 business days.
Table of Contents
1. Introduction
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Share and Forecast)
6. Regional Market Analysis (Market Size, Share and Forecast)
8. Competitive Landscape
9. Company Profiles (Overview, Financials**, Products & Services, Recent Developments, and Analyst View)
10. Disclaimer
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF AG
- DuPont (EI) de Nemours
- Huntsman Corporation
- KAO Corporation
- Akzo Nobel
- Vantage Specialty Chemicals
- Ashland Incorporated
- Sasol
- 3M Company
- Croda International
- Evonik Industries AG
- Dow Chemicals
- Unilever Group
- Henkel Ag & Co. Kgaa
- Clariant AG
- Dow Corning
- Bayer AG
- Procter & Gamble
- Stepan Company
- McIntyre Group
- Pilot Chemical
- Lonza Group Ltd.
Methodology
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