Surfactants are the organic composite of both hydrophobic and hydrophilic groups. It lets oil molecules dissolve in or mix with water. The properties of surfactants such as emulsion, detergency, wettability, froth/foam, stabilization, and dispersion have a broad empirical approach in various industries.
The growth in the market is mainly attributed to the growing demand from the personal care industry. Surfactants are primarily used for industrial and household purposes. The market is anticipated to grow owing to the rise in environment-friendly products. (1)
The global surfactants market demand was 15,641.7 kilotons in 2014(2), In 2018, Surfactants Market Size was USD 34.37 Billion (3). While in 2019 The global surfactants market size was valued at $41.3 billion and is projected to reach $58.5 billion by 2027, registering a CAGR of 5.3% from 2020 to 2027. (4)
Sources:
1- https://www.globenewswire.com/news-release/2020/02/24/1988958/0/en/Surfactants-Market-To-Reach-USD-55-90-Billion-By-2027-Reports-And-Data.html
2- https://www.grandviewresearch.com/industry-analysis/surfactants-market
3- https://www.globenewswire.com/news-release/2020/02/24/1988958/0/en/Surfactants-Market-To-Reach-USD-55-90-Billion-By-2027-Reports-And-Data.html
4- https://www.alliedmarketresearch.com/surfactant-market

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