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Global surfactants market: 6% CAGR forecast between 2012-2016

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Global Surfactants Market 2012-2016 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-29 04:14:04
The Global Surfactants market is to grow at a CAGR of 6.11 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing consumption in the Consumer Products segment. The Global Surfactants market has also been witnessing an increasing awareness of bio-based products among consumers. However, environmental regulations and laws could pose a challenge to the growth of this market.

The increased consumer awareness about bio-based products is an emerging trend witnessed in the Global Surfactants market. There is increased awareness of bio-based products among consumers in both developed and developing countries. For instance, there has been increasing demand for natural-based cosmetics or bio-cosmetics in Western Europe. These bio-cosmetics are manufactured using ingredients from renewable raw materials. In addition, approved processes have been defined and introduced for such surfactant producers. For instance, processes such as sulfation, acylation, and glucosidation have been approved; however, ethoxylation is one of the processes that have not been approved.

Many drivers are contributing to the growth of the Global Surfactants market, the most important of which is the increased consumption in the Consumer Products segment. There has been increasing demand for household products, detergents, personal care products, and cosmetic items in emerging countries such as Brazil and countries in Asia. The increasing demand for such products is primarily attributed to factors such as the increase in the per capita income and the increase in the population in these countries.

One of the key challenges in this market is the presence of various government regulations relating to the environment. Governments have implemented various regulations that mandate minimum negative impact of surfactants on the environment.

The key vendors dominating this space include AkzoNobel, Huntsman Corp., Solvay-Rhodia, and Stepan Co. The other vendors mentioned in this report are Air Products and Chemicals Inc., BASF, Clariant, Croda International Plc, Dow Chemical Company, DuPont, Evonik Industries, Galaxy Surfactants, Lion Corporation, and Oxiteno.

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