Market Size of North America Surfactants Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Surfactants Market Analysis
The North American surfactant market is expected to register a CAGR of more than 3% during the forecast period. In 2020, COVID-19 negatively impacted the market. However, the market has now been estimated to have reached pre-pandemic levels and is forecast to grow steadily in the future.
- During the forecast period, the market is likely to grow because there will be more demand for household surfaces and bio-surfactants.
- On the other hand, rising environmental concerns related to synthetic surfactants are expected to hamper market growth.
- In the future, there may be a chance to use it as a lung surfactant for babies with Neonatal Respiratory Distress (NRD) syndrome.
- Due to the growth of industries like personal care, food processing, and so on, the United States dominated the market in the area.
