Surfactants Market Expanding at a CAGR of 4.2% between 2015 and 2023 | Page 3

Surfactants Market
segment in the next few years . Furthermore , the cationic segment is predicted to witness progressive growth in the forecast period . In terms of applications , the household detergents segment is expected to witness strong growth and account for a massive share in the global market . The personal care segment is likely to remain in the second position in the global surfactants market . Some of the other key applications of surfactants mining , agriculture , lubricants and fuel additives , paints and coatings , and pulp and paper .
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Asia Pacific to Remain Dominant in Global Surfactants Market The global surfactants market has been divided on the basis of geography in order to offer a clear understanding of the overall market . The key regional segments of the global surfactants market include the Middle East and Africa , Asia Pacific , North America , Latin America , and Europe . As per the research study , Asia Pacific is expected to lead the global surfactants market and is projected to account for a key share of the overall market . A substantial contribution from India , China , Indonesia , and Malaysia is anticipated to encourage the growth of the Asia Pacific market throughout the forecast period .
Furthermore , North America is anticipated to remain in the second position throughout the forecast period . The presence of several leading manufacturing companies in this region and the rising demand for surfactants are predicted to accelerate the growth of North America market in the coming years . The demand for petrochemicals-derived surfactants is estimated to remain high in the Middle East and Africa in the next few years . On the other hand , the surfactants market in Latin America is anticipated to register a steady growth rate , particularly in the personal care and household detergents applications .
Some of the prominent players operating in the surfactants market across the globe are BASF SE , P & G Chemicals , Galaxy Surfactants Limited , The Dow Chemical Company , Lonza Group Ltd ., Clariant International Ltd ., Archer Daniels Midland Company , Huntsman Corporation , Evonik Industries AG , and Akzo Nobel N . V .
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Transparency Market Research
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