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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Green Surfactants Market Size
The global green surfactants market was stood at a value of nearly USD 2.84 billion in 2023. The global green surfactants industry is further expected to grow at a CAGR of 5.80% over the forecast period of 2024-2032 to attain a value of USD 3.98 billion by 2032.
The home care and personal care sector is increasingly adopting green surfactants, further accounting for a significant share in the global market. Region-wise, North America and Europe are the leading producers as well as consumers of green surfactants, which is the result of the availability of advanced technology and stringent regulatory policies regarding the usage of synthetic products in food and non-food applications (cosmetics and household goods) in the regions. The Asia Pacific is expected to emerge as one of the significant markets for the product in the forecast period owing to the presence of a large population coupled with the growing consumer demand for bio-based surfactants in the region.
The increased preference for green surfactants developed from waste biomass and agricultural raw materials is driving the industry growth. They are gaining popularity as companies look to move away from surfactants prepared from petroleum feedstock. Key players are looking for sustainably sourced materials due to increased regulations and growing consumer demand. Green surfactants, including alkypolyglucosides, plant-based saponins, amino acid derivatives, and betaines, are now widely used. However, it is expected that the surfactants made from renewable feedstock using advanced technologies will remain the most preferred type in the future.
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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