The North America Surfactants Market was valued at USD 8.12 billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of 4.1% during the forecast period from 2015 to 2020. Surfactants are the compounds, which aid in lowering the interfacial or surface tensions between a liquid and a solid or between two liquids. They are generally organic compounds, which are amphiphilic i.e. they contain both their hydrophilic group and hydrophobic group. As a result they contain both water soluble and water insoluble component.
Surfactants owing to their surface reducing properties, biocide nature, adsorption properties (aids in stabilizing the rapidly formed bubbles during emulsification, coating or foaming processes), are becoming an integral part of various commercial and industrial sectors. Additionally, because of their viscosity and elasticity, they are increasingly becoming popular in numerous applications. In the North America Surfactants market report, we have taken the following major end-user applications into consideration: Soap and Detergents, Personal Care, Lubricants and Fuel Additives, Industry and Institutional Cleaning, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textile Industry, Elastomers and Plastics, and Paints and Coatings.
This market is driven by a number of factors, such as accelerating demand for bio-surfactants and wide area of applications. However, the market faces certain drawbacks, such as matured market for powdered laundry detergents and harmful impacts of synthetic surfactants on the environment. These factors may act as a roadblock to the growth of the market.
The North America Surfactants market, on the basis of material type can be broadly segmented into anionic surfactants, cationic surfactants, non-ionic surfactants, amphoteric surfactants, silicone surfactants, and fluoro-surfactants. These are again segmented according to the sub-segmentations of the materials. The North America Surfactants market, on the basis of origin type can be broadly segmented into synthetic surfactants and bio-based surfactants. The market has also been geographically segmented into United States, Canada, Mexico, and Rest of North America. In terms of market revenue in 2015, United States led the market with a share of XX.XX%.
Furthermore, the growing adoption of bio-surfactants in new and unconventional markets will offer numerous opportunities in the growth of the North America Surfactants Market. Some of the major companies dominating this market for its products, services, and continuous product developments are Huntsman Corp. Dow Chemicals, Henkel AG & Co. KGaA, Clariant AG, and E.I. du Pont de Nemours and Co.
Key Deliverables in the Study