Global Surfactants Market to Reach $81 Billion by 2030
The global market for Surfactants estimated at US$54.7 Billion in the year 2023, is expected to reach US$81 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2023-2030. Anionic Surfactants, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and reach US$42.1 Billion by the end of the analysis period. Growth in the Non-Ionic Surfactants segment is estimated at 5.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $14.3 Billion, While China is Forecast to Grow at 8.9% CAGR
The Surfactants market in the U.S. is estimated at US$14.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.8 Billion by the year 2030 trailing a CAGR of 8.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$11.4 Billion by the year 2030.
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