Non-ionic surfactants Market worth $21.6 billion by 2030


Posted November 25, 2022 by nehamnm

Non-ionic surfactants Market by Type (Alcohol Ethoxylates, Fatty Alkanolamides, Amine Derivatives, Glycerol Derivatives, Alkoxylates, and Others),

 
The report "Non-ionic surfactants Market by Type (Alcohol Ethoxylates, Fatty Alkanolamides, Amine Derivatives, Glycerol Derivatives, Alkoxylates, and Others), End-use Industry (Paints & Coatings, Personal Care & Cosmetics, Textiles, Agrochemicals, Household Cleaners, Food & Beverage, Oil & Gas, and Others), and Region- Global Forecast to 2030", is projected to reach USD 21.6 billion by 2030, at a CAGR of 5.1% from USD 14.5 billion in 2022.

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Non-ionic surfactants don’t convey an electrical charge and are frequently utilized along with anionic surfactants. These are known for not communicating with calcium and magnesium particles in hard water. Non-ionic surfactants are more surface-dynamic and preferred emulsifiers over anionic surfactants at comparable focuses.

Purity “Alcohol Ethoxylates was the largest type of Non-ionic surfactants market in 2021, in terms of value”
Alcohol Ethoxylates (AEs) are non-ionic surfactants, and they are widely used in laundry detergents. These surfactants are also used in household cleaners, industrial cleaners, cosmetics, agriculture, textile, paper, and oil, among other process industries. AEs have not caused any genotoxic, mutagenic, or carcinogenic effect, and hence are considered environmentally and biologically safe.

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“Textiles was the largest end-use industry for non-ionic surfactants market in 2021, in terms of value”
The textile end-use industry segment accounted for the largest market share in terms of revenue as well as volume in 2021. Nonionic surfactants are majorly used to enhance the feel of the fabric by increasing softness and smoothness. Additionally, they also have huge applications across different textiles such as fibers & fabrics (wovens & knitted), non-woven textiles (such as geotextiles), and fashion designs incorporating spandex or polyurethane foam.

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“Asia Pacific was the largest market for Non-ionic surfactants in 2021, in terms of value.”
The Asia Pacific was the largest regional market in 2021. Rising demand from end-use industries such as textile, coating, plastic, and food is anticipated to drive growth over the forecast period. The region is also expected to witness a high growth rate on account of rising disposable income coupled with increasing population in developing economies including China, India, and Thailand.
The key players in this market are 3M (US), SABIC (Saudi Arabia), Akzo Nobel N.V. (Netherlands), Arkema S A (France), BASF SE (Germany), Clariant (Switzerland), Dow (US), Elementis plc (UK), Evonik Industries AG (Germany), Huntsman International LLC (US) and others.

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Issued By Neha
Phone 8886006441
Business Address 630 Dundee Road Suite 430 Northbrook, IL 60062
Country United States
Categories Business
Last Updated November 25, 2022