Global Amphoteric Surfactants Market 2019-2023 | Key Factors Driving Growth | Technavio
Technavio’s analysts forecast the global amphoteric surfactants market
to grow at a CAGR of nearly 7% during the forecast period,
according to their latest market research report.
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Technavio has released a new market research report on the global amphoteric surfactants market for the period 2019-2023. (Graphic: Business Wire)
The rising use of bio-based surfactants is one of the major trends being
witnessed in the global
amphoteric surfactants market 2019-2023. In various end-use
applications such as household and industrial cleaning, cosmetics and
personal care, and other industrial products, the growing concern over
the toxic effects of synthetic surfactants on humans and environment has
led to a shift in the preference for sulfate-free or bio-based
surfactants as an intermediate ingredient. Additionally, the rising need
for a sustainable, safer, and eco-friendly economy has led to an
increase in R&D activities. The rise in the number of regulations and
fluctuation in crude oil prices are the primary drivers for bio-based
surfactants.
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According to Technavio analysts, one of the key factors contributing to
the growth of the global amphoteric surfactants market is the growing
awareness among consumers about hygiene and personal cleanliness:
Global amphoteric surfactants market: Growing
awareness among consumers about hygiene and personal cleanliness
Initiatives such as cleaning for infection prevention and control and
greener cleaning have compelled the use of cleaning products in several
institutions, including hospitals, schools, and industries. Cleaning is
important in all economic sectors. In the healthcare industry, it aids
in surface cleanliness and infection prevention and control. Hospital is
a major source of infection due to cross-contamination by nurse,
doctors, and other hospital staff. One of the major problems in the
healthcare industry is the hospital-acquired infection.
According to a senior analyst at Technavio for research on metals and
minerals, “Amphoteric surfactants are widely used in cleaning
compositions such as floor cleaning products, skin cleansers, and
disinfecting cleaning compositions owing to their antimicrobial and
antibacterial functionality. In households and institutions, amphoteric
surfactants are the most suitable surfactants as they are biodegradable.
The rising healthy lifestyle of the consumers with the growing concern
over personal cleanliness fuels the demand for surfactants in
households.”
Global amphoteric surfactants market:
Segmentation analysis
The global amphoteric surfactants market research report provides market
segmentation by application (personal care, homecare and industrial
cleaning, agrochemical, and others) and by region (the Americas, EMEA,
and APAC). It provides an in-depth analysis of the prominent factors
influencing the market, including drivers, opportunities, trends, and
industry-specific challenges.
The personal care segment held the largest market share in 2018,
accounting for 38% of the market. This application segment is expected
to dominate the global market throughout the forecast period.
APAC led the market in 2018 with a market share of nearly 37%. This
region is expected to dominate the market through 2023, with over 1%
increase in its market share.
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Some of the key topics covered in the report include:
Market Landscape
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Market ecosystem
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Market characteristics
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Market segmentation analysis
Market Sizing
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Market definition
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Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
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Regional comparison
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Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
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Vendors covered
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Vendor classification
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Market positioning of vendors
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Competitive scenario
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