Amphoteric Surfactants Market - Forecasts from 2024 to 2029

The amphoteric surfactants market is valued at US$1.764 billion in 2024 and is expected to grow at a CAGR of 6.22% over the forecast period to reach US$2.386 billion by 2029. 

Amphoteric surfactants are surface-active molecules that have both acidic and alkaline characteristics. There are two types of surfactants: betaines and real amphoteric surfactants based on fatty alkyl imidazolines. Since amphoteric surfactants have an ionic charge, they can change between anionic, isoelectric neutral, and cationic characteristics depending on the pH. They are stable in electrolytes, acids, alkalis, and hard water.

Application-wise, amphoteric surfactants are most commonly used in detergents and soap manufacturing. The industrial revenue of the soap and cleaning compound manufacturing industry in Canada was about $4.7 billion in 2021, according to the Government of Canada.

GLOBAL AMPHOTERIC SURFACTANTS MARKET DYNAMICS:

• The amphoteric surfactants market is driven by increased demand for personal care products and high demand for high-performance surfactants. Amphoteric surfactants have minimal toxicity, antimicrobial capabilities, low skin and eye irritation, are highly resistant to hard water, and have excellent compatibility with different surfactants. Therefore, it can be used in cosmetics, microbicides, and other products targeting high safety. According to the International Trade Administration, South Korea is one of the world’s top ten beauty markets. The nation held a market size of $3.9 billion in 2022; however, the total domestic production and total exports declined by 18.4% and 2.2%, respectively, from the previous year.

Other possible applications include textile finishing auxiliaries, dyeing auxiliaries, dispersants, and dry-cleaning agents. For instance, India's domestic clothing and textile sector provides around 2.3% of the country's GDP, 13% of industrial production, and 12% of exports. As stated by Invest India, India accounts for 4% of the worldwide textile and clothing trade. Although its price is a little expensive, some of the benefits listed above make the application sufficient in some situations to compensate for the shortcomings of the high price. Conversely, stringent regulations are likely to limit their demand throughout the forecast period.

• Amphoteric surfactants derived from petrochemicals are subjected to various chemical reactions that result in the emission of hazardous wastes and gases. These substances have the potential to harm the environment and human health. Hence, government agencies such as the United States Environmental Protection Agency (USEPA) and the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) apply different rules to address them. These authorities track and monitor toxicity levels to ensure they remain within acceptable limits. The strict regulations limit the overall market growth since petroleum-based amphoteric surfactants account for most of the market share.

GLOBAL AMPHOTERIC SURFACTANTS MARKET SEGMENT ANALYSIS:

By end-user, personal care is anticipated to be one of the fastest-growing segments in the market.

The largest amount of amphoteric surfactants is used in personal care products, as it is a memorable component of skin and hair care products and many others. In 2021, India's Beauty and Personal Care industry reached above USD 10 billion with an expected annual growth rate of 5-6% as revealed by the Ministry of Economy and Industry. The usage of amphoteric surfactants in the personal care segment is growing because of rising urbanization, higher employment of women, shift in their living standards, and improved understanding of personal cleansing merchandise. For instance, as per the U.S. Department of Labor Blog, the main demographic of women expected to contribute to the increase of the overall number of women in the labor force till 2031 is 25 and older. Women in the prime working age range of 25 to 54 will enter the labor force during the next decade, adding around 2.9 million new workers, majorly impacting the personal care segment.

Asia Pacific’s amphoteric surfactants market is anticipated to grow significantly.

Owing to increased demand from countries such as China and India, the Asia-Pacific region is projected to dominate the market for amphoteric surfactants over the forecast period. Amphoteric surfactants are widely used in detergents and cleaning products due to their excellent cleaning power, ability to form rich lather, and compatibility in a broad pH range. It is also expected that the population increase and lifestyle changes will act as the main market drivers for the projected period. For instance, according to China's chief economic planner, the country's permanent residency urbanization rate reached 64.72 percent in 2021.

Apart from this, the rising awareness of health and hygiene is projected to boost the market. Furthermore, the growing middle-class population and rising disposable income are also a significant growth driver for segments such as Premium beauty and personal care products, which are expected to grow at a CAGR of 54% from FY21-26, and Fragrances, Makeup and Cosmetics, and Men's Grooming, all of which are expected to grow at CAGRs of 20-40% between FY21-26 in India as stated by Invest India. Further, in March 2023, the Korean government announced intentions to create technology for bespoke cosmetics and personalized skin diagnosis programs utilizing IoT and big data to support the Korean bio-health business.

Global Amphoteric Surfactants Market Key Developments:

• In August 2022, Kensing, LLC, a leading manufacturer of natural vitamin E, plant sterols, specialty esters, and high-purity anionic surfactants, and a portfolio company of One Rock Capital Partners, LLC agreed to acquire Evonik Corporation's amphoteric surfactants and specialty esters manufacturing operations.
• In January 2021,  Solvay decided to sell its North American and European markets of the production of amphoteric surfactants to OpenGate Capital, a private equity firm in Los Angeles, California, the United States of America. The deal comprises three major manufacturing facilities for amphoteric product lines in University Park, Illinois (USA), Genthin, Germany, Halifax, United Kingdom, and a tolling company in Turkey.

The global amphoteric surfactants market is segmented and analyzed as follows:

By Product Type

• Amine Oxide
• Betaine
• Sultaines
• Amphoacetate
• Amphopropionates

By End-User

• Personal Care
• Chemical
• Oil & Gas
• Agriculture
• Textile

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Rest of South America
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain
• Rest of Europe
• Middle East and Africa
• Saudi Arabia
• United Arab Emirates
• Rest of the Middle East and Africa
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Taiwan
• Thailand
• Indonesia
• Rest of Asia-Pacific