Amphoteric Surfactants Market Analysis
The global amphoteric surfactants market is likely to grow at a healthy CAGR between 2020-2027, as per the recent Market Research Future (MRFR) report. Amphoteric surfactants, or zwitterionic surfactants have two functional groups- cationic and anionic and a balanced pH level. They are mild with excellent cleansing properties, thereby making it a chief ingredient in cosmetic products, especially shampoos. Amphoteric surfactants are also applicable in corrosion inhibition additives, hair rinse formulas, and softeners for textiles. Besides, it is also used in household applications, especially hard surface cleaning, dishwashing, and laundry detergents, and kitchen hygiene and food service.
Notable players profiled in the global amphoteric surfactants market report include Sino-Japan Chemical Co. Ltd (China), Libra Speciality Chemicals Limited (UK), Stepan Company (US), Lonza Group (Switzerland), Solvay (Belgium), Evonik Industries AG (Germany), DuPont (US), Clariant (Switzerland), Akzo Nobel NV (Netherlands), the Lubrizol Corporation (US), BASF SE (Germany), and Huntsman International LLC (US). Industry players have incorporated strategies such as mergers, strategic alliances, and new product launches to strengthen their position in the market.
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Numerous factors are adding to the global amphoteric surfactants market growth. These factors, according to the recent MRFR report, include demand for high performance surfactants, increasing use in personal care products for its excellent dermatological properties, and also in household cleaning products for its mild nature sulfate-free composition, and increasing awareness about personal well-being. Increasing awareness about skincare and hygiene, changing lifestyles, rising number of working women, growing urbanization, and awareness about personal health are also adding market growth. Besides, increasing use of amphoteric surfactants as additives in the oilfield drilling operation is also adding market growth.
On the contrary, high cost, stringent regulations, and health environmental concerns are factors that may limit the global amphoteric surfactants market growth over the forecast period.
The Market Research Future report provides an all-inclusive segmental analysis of the global amphoteric surfactants market based on application and type.
By type, the global Amphoteric Surfactants Market is segmented into iminopropionate, sultaine, betaine, aminopropionate (amine oxide), and others. Of these, aminopropionate will lead the market over the forecast period for its excellent cleansing and foaming properties and also the ability to decrease skin irritation.
By application, the global amphoteric surfactants market is segmented into agricultural, oilfield operations, industrial institutional cleaning, household, personal care, and others. Of these, the personal care segment will dominate the market during the forecast period as it is the mildest surfactant thus widely used to formulate different personal care products.
By region, the global amphoteric surfactants market report covers the recent trends and growth opportunities across North America, Europe, the Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. Of these, the APAC region will spearhead the market during the forecast period for its growing demand in personal care products and rapid growth in the personal care cosmetics industry in Malaysia, South Korea, China, and India.
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The global amphoteric surfactants market is predicted to have healthy growth during the forecast period. The US is the chief contributor in this region for the large-scale use of amphoteric surfactants in industrial cleaning and personal care applications.
The global amphoteric surfactants market in Europe is predicted to have robust growth over the forecast period. France, Germany, the UK, and Europe are the key contributors in the region. Factors adding to the growth of the amphoteric surfactants market in the region include the presence of top manufacturers and increasing use in personal care products.
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