TMR_Research_Reports_2017 Surfactants Market Research By 2023 | Page 3

Surfactants Market
Geographically , the global surfactants market is segmented into Asia Pacific , North America , Latin America , Europe , and the Middle East and Africa . Of these , Asia Pacific is expected to retain its current position as the leading regional contributor to the global surfactants market in the coming years . The rising demand for surfactants from emerging countries such as India , China , Malaysia , Indonesia , and Thailand is a key factor driving the Asia Pacific surfactants market .
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Nevertheless , The North America surfactants market is also likely to make steady progress over the coming years . The firmly established presence of several leading players in the global surfactants industry in North America is a key factor responsible for the strong growth prospects of the region ’ s surfactants market . Consistent demand from the industrial sector is likely to help the North America surfactants market ’ s growth over the forecast period . Apart from these two leaders , Latin America and the Middle East are also likely to make a considerable contribution to the global surfactants market ’ s growth in the coming years thanks to the rapid urbanization in several countries in these regions .
Rising Demand for Personal Care Products Crucial for Global Surfactants Market
The global surfactants market is driven primarily by the booming global personal care products sector . Consumers across the world are becoming increasingly conscious about their appearance as well as persona hygiene , leading to rising demand for a variety of personal care products . The demand for skin care and hair care products has also been driven by the rising pollution levels across the world , which is likely to remain a key factor indirectly linked to the global surfactants market . The rapid urbanization in developing economies has also boosted the demand for household detergents , which already hold a leading share in the surfactants market in developed regions . As a result , household detergents are likely to remain the leading application segment of the global surfactants market .
On the other hand , the global surfactants market could face a significant roadblock in the form of the steady shift in regulatory frameworks . Some surfactants have been shown to have an adverse effect on human health as well as the environment , which could restrict their demand in regions with strict regulatory frameworks concerning the use of solvent-based detergents .
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