DUBLIN – (COMMERCIAL THREAD) – The report “Global Green Surfactants Market Report and Forecast 2021-2026” has been added to ResearchAndMarkets.com offer.
The global green surfactants market reached a value of approximately USD 2,543.6 million in 2020. Helped by the growing awareness of sustainable lifestyles, the market is expected to grow at a CAGR of 5.7% between 2021-2026 to reach a value of nearly 3,557.3 USD. million by 2026.
Green surfactants are molecules composed of a hydrophilic part and a hydrophobic part. Also called glycolipids and lipoproteins, these surfactants are produced entirely from renewable resources. They are fully biodegradable and exhibit low toxicity compared to traditional chemically produced surfactants.
Leading companies are investing heavily in research and development (R&D) to produce surfactants from waste biomaterials and agricultural raw materials instead of petroleum raw materials. Surfactants are soluble in both organic solvents and water and reduce the surface tension of water by adsorbing at the liquid-gas interface, making it an essential ingredient in various daily applications such as wellness, health and hygiene products and household products. like detergents.
The global green surfactant market is driven by changing consumer preference for nature-friendly products. Growing demand to adopt sustainable production methods owing to growing environmental concerns is contributing to the growth of the green surfactants market.
The home and personal care segment of the global green surfactants market is expected to be the fastest growing segment during the forecast period. This can be attributed to the applications of green surfactants in personal care products for wellness, beauty, hygiene as well as its applications in household products including detergents.
The inflation of disposable income and the increase in the purchasing power of consumers, especially in emerging economies, are contributing to the increase in demand for these products and thus increasing the overall growth of the green surfactants market.
In addition, strict government measures regulating the ban on harmful chemicals that impact the environment are further catalyzing the growth of the green surfactant industry.
The report examines market shares, plant rotations, capacities, investments, and mergers and acquisitions, among other major developments of key industry players.
Some of the major market players explored in the report are:
Evonik Industries SA
Ajinomoto Co Inc
Dow chemical company
For more information on this report, visit https://www.researchandmarkets.com/r/jsw27n