The Low Foam Surfactants Market is being driven by Rising demand for personal care products
The Low Foam Surfactants Market is expected to grow at a CAGR of 6.26% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 6227.3 million. In the global low foam surfactants market, key players such as Clariant International Plc have significantly boosted their research and development (R&D) investments to minimize manufacturing costs and deliver products with superior properties and expanded applications. Clariant's portfolio includes offerings like Genapol EP 0244, Genapol PN 30, and Genapol EP 2564, which are primarily utilized as metal surface cleaners due to their excellent wetting properties. These products have gained widespread acceptance among end-users for the development of metal cleaners, crop-protecting agents, and home care and industrial cleaning solutions. To stay competitive and capture market shares, manufacturers are intensely focusing on innovative product range expansions.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
191 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.26% |
Market growth 2024-2028 |
USD 6227.3 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
5.79 |
Key countries |
China, US, Germany, Russia, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Low Foam Surfactants Market encompasses a wide range of surfactants used in various industries, including personal care, oilfield chemicals, metal working fluids, metal cleaning, pulp and paper, and more. Surfactants are essential as they improve the wetting properties of liquids, reducing surface tension and enabling better interaction between two immiscible phases. In the personal care industry, low foam surfactants are used in the production of sustainable and eco-friendly products such as shampoos, body washes, and cleansers. Non-ionic, cationic, and amphoteric surfactants, including Alkoxylated alcohols and Alcohols with long Alkyl chains, are commonly used due to their excellent foaming properties and biodegradability. In the oilfield chemicals sector, low foam surfactants are used for enhanced oil recovery, while in metal working fluids, they improve the lubricity and cooling properties. In the pulp and paper industry, they aid in the production process by reducing water consumption and improving the quality of the final product. Environmental regulations and pollution control have led to a growing demand for low foam surfactants in wastewater treatment and agriculture. Household detergents and industrial cleaning applications also benefit from their use, as they help to reduce water usage and improve cleaning efficiency. The surfactant industry continues to innovate, with a focus on developing sustainable and eco-friendly products to meet the evolving needs of various industries.
The global specialty chemicals industry encompasses businesses specializing in high-value-add chemicals used in the production of various products, such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio, the market size is determined by the consolidated revenue generated by manufacturers focusing on high-value-added chemicals. Key growth drivers for the specialty chemicals market include the increasing preference for specialty adhesives and sealants due to their superior performance characteristics, which is expected to propel market expansion throughout the forecast period. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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