Natural Surfactants Market to Reach $35.2 Billion, Globally, by 2032 at 5.0% CAGR: Allied Market Research

The global natural surfactants market growth is attributed to several factors, including the surge in demand for sustainable products in cosmetics and personal care, and the increase demand of natural surfactants in the pharmaceutical industry

PORTLAND, Ore., Oct. 12, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Natural Surfactants Market by Product (Anionic, Nonionic, Cationic, Amphoteric), by Application (Personal care and cosmetics, Agriculture Chemicals, Pharmaceutical Drug, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global natural surfactants industry generated $21.9 billion in 2022 and is estimated to reach $35.2 billion by 2032, witnessing a CAGR of 5.0% from 2023 to 2032.  

Surfactants, commonly known as "natural surfactants" or "biosurfactants", are substances that interact with water or oil by reducing the surface tension of either a liquid or a solid. Natural surfactants are derived from a variety of natural sources, including plants and microorganisms, as well as marine organisms. Synthetic surfactants, on the other hand, are based on petrochemicals and are not biodegradable. Natural surfactants offer several benefits, such as being biodegradable, less toxic, and more sustainable.

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Prime Determinants of Growth: 

The global natural surfactants market growth is attributed to several factors, including the surge in demand for sustainable products in cosmetics and personal care, and the increase in demand of natural surfactants in the pharmaceutical industry. However, the high cost of production and limited availability hampered the market growth to some extent. On the other hand, a surge in demand for natural surfactants in the agriculture industry will offer various opportunities in the coming years.

Report Coverage & Details:

The anionic segment to maintain its leadership status throughout the forecast period-

Based on product, the anionic segment held the highest market share in 2022, accounting for more than two-fifths of the global natural surfactants market revenue and is estimated to maintain its leadership status throughout the forecast period. As consumers become more conscious of the products they use and their potential impact on health and the environment, there is a growing demand for products formulated with natural ingredients, including anionic surfactants. Anionic-based natural surfactants are used in a wide range of applications, including personal care products, household cleaners, agricultural formulations, food products, and industrial processes. Their versatility and compatibility with various industries contribute to their widespread adoption. However, the cationic segment is projected to manifest the highest CAGR of 5.7% from 2023 to 2032.

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The agriculture chemicals segment to maintain its lead position during the forecast period-

Based on application, the agriculture chemicals segment accounted for the largest share in 2022, contributing to more than one-third of the global natural surfactants market revenue, and is estimated to maintain its lead position during the forecast period. Increase in the utilization of various natural surfactants has boosted the market growth. In addition, factors such as an increase in the population in developed and developing economies, rising demand for food across the globe, and government support and investment in the production of agrichemicals have driven market growth. However, the pharmaceutical drug segment is expected to grow with the highest CAGR of 5.5% from 2022-2032.

Asia-Pacific to maintain its dominance by 2032-

Based on region, Asia-Pacific held the highest market share in 2022, accounting for more than two-fifths of the global natural surfactants market revenue and is estimated to maintain its dominance throughout the forecast period. The region is showcasing high potential growth for natural surfactant, owing to the increase in the pharmaceutical sector where natural surfactant has been used predominantly. It is mainly used in the formulation of various drugs and disinfectants. This factor acts as one of the key drivers responsible for the growth of natural surfactants in the region. On the other hand, the Europe region would showcase the fastest CAGR of 5.5% during the forecast period.

Leading Market Players: -

• BASF SE
• CRODA INTERNATIONAL PLC
• KAO CORPORATION.
• CLARIANT AG.
• INNOSPEC INC.
• DORA AGRI-TECH
• LANKEM SURFACTANTS
• SANCHI ORGANICS PRIVATE LIMITED
• KENSING, LLC.
• INDORAMA CORPORATION LIMITED

The report provides a detailed analysis of these key players in the global natural surfactants market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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