Top Companies in Surfactants Market | Top Key Players Growth rate, Statistics, Sales Volume, | Research Report by Vantage Market Research
Surfactants are widely used in a variety of industry verticals all over the world. New product launches and expanded research & development activities are expected to boost the market growth and provide opportunities.
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Market Overview:
The Global Surfactants Market is valued at USD 40.5 Billion in the year 2021 and is anticipated to reach a value of USD 53.3 Billion by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 4.7% over the forecast period. Surfactants are organic compounds with both hydrophilic and hydrophobic ends that aid in the dissolution of oil molecules in water. They have various applications across multiple industries because of their properties such as detergence, dispersion stabilization, wettability, foam/froth formation, and emulsion. Surfactants' largest application in terms of volume is household soap and detergent. Surfactants are utilized in several personal care products, including foaming agents, dispersants, emulsifiers, solubilizing agents, cleansers, and conditioners. The personal care industry accounted for a sizable portion of the global market, which in turn boosts the growth of the market.
COVID-19 has hurt the market in 2021. Due to the pandemic scenario, several countries were compelled to go into lockdown, causing individuals to reduce their use of personal automobiles, lowering lubricant and fuel consumption and, as a result, lowering demand for gasoline additives and surfactants. However, in the current environment, there is a greater awareness of personal hygiene and clean surroundings, which has boosted demand for personal and household cleaning products, which in turn boosts the growth of the market.
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Some of the key players operating in the Surfactants Market are listed below:
|
Company Name |
Revenue in the US |
|
$10 Billion |
|
$4 Billion |
|
$86 Billion |
|
$12 Billion |
|
$16 Billion |
|
$3 Billion |
|
$12 Billion |
|
$12 Billion |
|
$2 Billion |
|
$2 Billion |
Akzo Nobel NV was founded in 1994 and has headquarters in Amsterdam, Netherland. Akzo Nobel is a global provider of paints and coatings. It manufactures and supplies specialty chemicals. The company's product portfolio comprises Functional Chemicals, Industrial Chemicals, Pulp and Performance Chemicals, Surface Chemicals, Vehicle Refinishes, Powder Coatings, Industrial Coatings, Wood Finishes, Adhesives, and Marine and Protective Coatings. The products of Akzo Nobel find application in markets including buildings and infrastructure, industrial, consumer goods, and transportation. The company markets its products under Bruguer, Dulux, Sadolin, Flexa, Marshall, Coral, Alba, Inca, Cetol, Ceta bever, Levis, and Herbol brands, among others. It has an operational presence in countries across North America, Latin America, Europe, and Asia-Pacific. Akzo Nobel is headquartered in Amsterdam, the Netherlands.
Clariant AG was founded in 1995 and has headquarters in Muttenz, Switzerland. Clariant AG is a global specialty chemicals company. The Company's products and services are grouped into four business areas: Care Chemicals, Catalysis & Energy, Natural Resources, and Plastics & Coatings. Clariant develops, produces, markets, and sells specialty chemical products for various end markets.
BASF SE was founded on 6 April 1865 and has headquarters in Ludwigshafen, Germany. BASF SE is a chemical company. The Company operates in six segments, including Chemicals, Plastics, Performance Products, Functional Solutions, Agricultural Solutions, and Oil & Gas. BASF offers products for the Chemical, Automotive, Construction, Agriculture, Oil, Plastics, Electrical, Electronics, Furniture, and Paper Industries, and provides a range of system solutions and services.
Kao Corporation was founded in June 1887 and has headquarters in Nihonbashi-Kayabacho Itchome, Chūō, Tokyo, and Japan. Kao's mission is to contribute to the wholehearted satisfaction and the enrichment of the lives of customers and employees throughout the world. We will accomplish this by drawing on our creative and innovative strengths to develop products of excellent value and outstanding performance. Fully committed to this mission, all members of the Kao Group are working together as a single corporate force to win the loyalty and trust of their customers.
Evonik Industries AG was founded in 2007 and its headquarters is in Essen, Germany. Evonik Industries is a German chemical company offering a mix of specialty and commodity chemical products. It has a number-one top-three market position in 80% of its businesses. Around 45% of sales are generated in Europe, while the key markets of North America and Asia account for roughly 25% each. The company is organized into four major segments: specialty additives, smart materials, nutrition and care, and performance materials.
Lion Corp was founded on 3 September 1918 and has headquarters in Honjo Itchome, Sumida, Japan, and Tokyo. Lion Corporation is a Japanese household and personal products manufacturer. Its operations are the manufacture and sale of soaps, cleansers, toothpaste, toothbrushes, hair-care products, skin-care products, cooking-related products, and pharmaceuticals. Lion also exports its products to overseas affiliates.
Solvay was founded in 1863 and has headquarters in Neder-Over-Heembeek, Brussels, Belgium. Solvay manufactures chemicals and plastics. The Company produces Soda Ash, Hydrogen Peroxide, Functional Polymers, Silica, Surfactants, Food and Fragrance Flavors, and other specialty polymers. Solvay offers its products to numerous industries, including aerospace, alternative energy, automotive, chemical, construction, consumer goods, food and beverage, and oil and gas markets.
Indorama Ventures was founded in 1994 and has headquarters in Bangkok, Thailand. This is a world-class sustainable chemical company with a globally integrated leader in PET and fibers, serving major customers in diversified end-use markets. Following our core strategies, we develop innovative products for customer needs, making great products for society.
Ashland Global Holdings Inc. was founded in 1924 and has headquarters in Wilmington, Delaware, the U.S. This operates as a holding company. The Company, through its subsidiaries, produces and distributes a wide range of diversified chemicals and thermoplastic resins. Ashland Global Holdings serves the Construction, Automotive, Energy, and Pharmaceutical Sectors worldwide.
Croda International PLC was founded in 1925 and has headquarters in Snaith, England, UK. Croda International PLC is a holding company for a group of companies that manufacture a diverse range of chemicals and chemical products, including oleochemical and industrial chemicals. Croda supplies its items to companies that specialize in the personal care, pharmaceutical, plastics, food processing, nutrition, fire prevention, engineering, and automotive industries.
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