Ceresana Projects Steady Growth for Surfactants Market
CONSTANCE, Germany – Market research firm Ceresana has again analyzed the global market for surfactants and projects growth of approximately 2.5 percent per year going forward. Surfactants facilitate the removal of dirt and help to finely mix water and oil. These surface-active chemical substances are used in every household but also serve numerous industrial applications. "In 2014, a worldwide turnover of $33.2 billion was achieved with surfactants," said Oliver Kutsch, Manager of the market research institute Ceresana. "We expect a further growth in sales of approximately 2.5 percent per year so that more than $40 billion is reached in 2022."
Surfactants are mainly used to improve the properties of aqueous formulations. The best known application is in the cleaners and detergents segment, which accounted for around 56 percent of total demand in 2014. Surfactants are also used in cosmetics, textiles, pesticides, antistatic agents, lubricants, printing ink and other products. Of these applications, Ceresana forecasts the highest growth in demand, 2.6 percent per year until 2022, will be in the paints and plastics segments