Asia Pacific Natural Surfactants Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Anionic, Cationic, and Non-Ionic), Form (Powder and Liquid), and End User (Water and Wastewater Treatment, Pulp and Paper Manufacturing, Oil and Gas, Mining Industry, and Others)
The natural surfactants market in Asia Pacific is expected to grow from US$ 4,700.12 million in 2022 to US$ 6,464.39 million by 2028. It is estimated to grow at a CAGR of 5.5% from 2022 to 2028.
Extending Development in Production Techniques and Extensive R&D
The productivity of natural surfactants has been increased using various strategies, such as genetic manipulation, computational modeling, and the optimization of growing use of natural surfactants. Extreme foaming is produced when natural surfactants are processed in a bioreactor by agitation and aeration of the solution. Extracellular proteins can occasionally encourage excessive foam creation, increasing production costs. Therefore, low-cost substrates like crude or waste materials like fatty acid residue from the refining of soybean oil, glycerin from the creation of biodiesel, and residue from the refining of sunflower oil are utilized to cut the cost of manufacturing natural surfactants. Additionally, using these waste substrates increases consumption effectiveness, sharply lower production costs, and makes the procedure environment friendly as a result, it is predicted that the demand for natural surfactants will increase in the next years due to the ongoing development of production methods. The increasing investment from foreign manufacturers in South Asian countries such as China, India, and South Korea will boost the natural surfactant market owing to ease in the availability of raw materials and labor force. These companies are extensively engaged in R&D activities to innovate and develop natural surfactants. For instance, Evonik Industries and Unilever joined to launch a new cleaning ingredient. The companies decided to harness a naturally occurring procedure to develop a natural surfactant rhamnolipids that effectively removes dirt and grease.
Market Overview
Asia Pacific natural surfactant market is segmented based on country into Australia, China, India, Japan, South Korea, and Rest of Asia Pacific. The natural surfactants market in Asia Pacific is mainly driven by the factors such as increasing awareness of the benefits of natural surfactants and their increasing use in different application fields such as detergents, cosmetics and personal care, industrial cleaning, and agriculture. Chemically synthesized surfactants are petroleum-based. Hence, they are usually non-biodegradable and thereby they are toxic to the environment. The synthetic surfactant’s production processes and by-products can be hazardous to the environment. As a result, there is an increasing awareness on the need to protect the ecosystem. Hence, the use of surfactants from natural origin is increasing in the region, driving the natural surfactant market growth. There is an increasing use of natural surfactants in detergents, cosmetics and personal care products, industrial cleaners, etc. The home care and personal care sector is one of the major application sectors for natural surfactants in the region. The usage of natural surfactants as environmentally friendly material in different home and personal care product offers sustainable benefits and that is creating a high demand for natural surfactants.
Asia Pacific Natural surfactants market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Natural surfactants market Segmentation
The Asia Pacific natural surfactants market is segmented into type, application, and country.
Based on type, the market is segmented into anionic, cationic, non-ionic, and amphoteric. The anionic segment registered the largest market share in 2022. Based on application, the market is categorized into detergents, personal care, industrial and institutional cleaning, oilfield chemicals, agriculture chemicals, and others. The detergents segment held the largest market share in 2022. Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and Rest of APAC. China dominated the market share in 2022. BASF SE; Clariant AG; Croda International plc; Dow Inc.; KAO Corporation; Solvay S.A.; Arkema; Stepan Company; and Evonik Industries AG are the leading companies operating in the natural surfactants market in the region.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific natural surfactants market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific natural surfactants market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the natural surfactants market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook