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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Green Surfactants Market Analysis
The growing demand to adopt sustainable product development methods owing to the rising environmental concern is leading to the increased production of green surfactants. The industry is being driven by its increased application in the production of cosmetics, personal care, and home cleaning products. Generally, surfactants play an integral part in the production of these items, but with the rising consumer demand for renewable products, which are not harmful to the environment, the use of green surfactants has increased rapidly.
The green surfactants market is witnessing a steady growth with the thriving personal care industry. The growing focus on wellness, beauty, and personal hygiene is leading to the growth of this sector, which, in turn, is aiding the green surfactants market. Further, in the emerging economies, the industry is finding various growth opportunities due to the rising consumer awareness regarding hygiene and growing disposable incomes. The key players are shifting their focus to such regions, which is expected to aid the industry growth over the forecast period.
The growing demand for laundry detergents is also aiding the green surfactants market as laundry detergents usually contain surfactants that have cleaning properties. The rising penetration of washing machines, coupled with rapid technological advancements, is driving the growth of the market. Moreover, the stringent government regulations pertaining to the use of chemicals that might impact the environment negatively is leading to the increased adoption of green and sustainable products by the manufacturers, thus, providing a further boost to the green surfactants market globally. The various programmes launched by the governments across the nation, encouraging the adoption of sustainable and clean labelled products is expected to aid the industry growth over the forecast period.
Green Surfactants Market Report Snapshots
Green Surfactants Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global green surfactants market has attained a value of nearly USD 2.84 billion in 2023.
The green surfactants market is projected to grow at a CAGR of 5.80% between 2023 and 2032.
The green surfactants industry is estimated to reach USD 3.98 billion by 2032 in the forecast period of 2024-2032.
The major drivers of the market are growing demand for sustainable products, increasing disposable incomes, growing personal care industry, favourable initiatives by various governments, and rapid technological advancements.
The key trends of the market include the launch of improved product ranges, growing research and development activities, rising environmental concerns, and growing utilisation of surfactants in the food industry.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Glycolipids, and lipoproteins, among others, are the major types of green surfactants in the market.
Food and beverage, home and personal care, and agriculture, among others, are the significant applications of green surfactants in the market.
The major players in the global green surfactants market are BASF SE, Evonik Industries AG, Innospec, GlycoSurf LLC, and The Dow Chemical Company, among others.
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