Please Wait.....
Report
United States Surfactants Market Assessment, By Type [Anionic, Non-Ionic, Cationic, Amphoteric, Others], By Functionality [Surface Modification, Emulsification, Foaming, Dispersion, Others], By End-user [Pharmaceuticals, Cosmetics, Household & Industrial Cleaning, Textile, Elastomers & plastics, Food & Beverages, Agrochemicals, Oilfield, Paints & Coatings, Others], By Region, Opportunities and Forecast, 2016-2030F
Market Report I 2024-04-19 I 132 Pages I Market Xcel - Markets and Data
United States surfactants market size was valued at USD 6.9 billion in 2022, which is expected to grow to USD 10.3 billion in 2030, with a CAGR of 5.1% during the forecast period between 2023 and 2030. The surfactants market is propelled by several key drivers that collectively shape the growth trajectory. Firstly, the increasing demand for surfactants in the household and personal care sector is driven by the rising global population, evolving consumer lifestyle, and heightened hygiene awareness. Moreover, the industrial sector significantly fuels the demand for surfactants, particularly in applications such as agrochemicals, textiles, paints & coatings, and oil & gas. With the expanding industrial landscape, surfactants are continuously required for various applications, contributing to market growth.
The healthcare and pharmaceutical sectors drive the demand, as surfactants play a vital role in drug delivery, emulsification, and formulation. The constant growth and pharmaceutical advancements necessitate a higher demand for surfactants to formulate medicines and related products effectively. Additionally, advancements in technology and research have led to the development of novel surfactants with improved properties and eco-friendly profiles. The emphasis on sustainable solutions and environmentally friendly products has driven the demand for green and bio-based surfactants, aligning with the global shift toward sustainability.
Growing Drilling Activity in the US to Drive Market Demand
The oil and gas industry in the United States relies significantly on surfactants for critical applications, particularly in Enhanced Oil Recovery (EOR), drilling fluids, and associated processes. The continuous advancements, expanding shale gas reserves, and exploration activities have heightened the demand for surfactants in this sector. Surfactants play a pivotal role in EOR by altering the surface tension and interfacial properties of reservoir rock and fluids, aiding in the displacement of trapped oil, enhancing recovery. Additionally, they are essential in drilling fluids, reducing friction, stabilizing formations, and improving lubrication during drilling.
For instance, according to Baker Hughes North America Rig Count, the number of rigs in the United States has increased 60% in 2022, compared to 2021. As the drilling activities in the US are likely to increase, as they meet Europe's gas demand, which raises the requirement for surfactants in the US.
Improving Pharmaceutical Manufacturing to Drive the Market
Surfactants play a pivotal role in the pharmaceutical industry, finding diverse drug formulation and delivery applications. Their versatile properties make them indispensable for drug solubilization, emulsification, and stabilization of pharmaceutical formulations. In drug delivery systems, surfactants aid in improving the bioavailability and efficacy of drugs by facilitating their dispersion and absorption. They are often utilized to enhance the solubility of drugs, enabling their effective delivery within the body. Moreover, surfactants are crucial components in emulsions, creams, and ointments, contributing to the stability and texture of these formulations.
For instance, pharmaceutical manufacturers in the US received capital investment of USD 10 billion to increase the manufacturing capacity within the country. This development in the US pharmaceuticals industry and increasing domestic production capacities will drive the demand for surfactants in the United States.
Strong Personal Care and Cosmetic Sector as Emerging Sector in the Market
Surfactants constitute fundamental components in an extensive array of personal care products, encompassing everyday essentials such as shampoos, soaps, skincare products, and detergents. Their multifunctional properties serve to enhance the efficacy and overall performance of these products. The increasing global population, evolving lifestyles, and heightened awareness of personal hygiene have collectively fueled a substantial surge in the demand for personal care products.
For instance, the fourth quarter of 2022 witnessed the strongest sales at USD 26.3 billion of personal care in the United States and sales trend has been steadily increasing, which drives the demand for surfactants in the country.
Impact of COVID-19
The United States surfactants market underwent significant impacts due to the COVID-19 pandemic. Surface surfactants played a pivotal role in a notable surge in the demand for cleaning and disinfecting products. Consumer preferences shifted towards hygiene-centric choices, underscoring the importance of effective surfactants. However, the market encountered disruptions due to challenges in the supply chain and operational limitations at manufacturing facilities and decreased demand from end-users such Paints & Coatings, Textile, etc. During the pandemic, research efforts intensified to enhance surfactants' antiviral properties and manufacturers prioritized innovation in surfactant-based products, focusing on their efficacy in combating viruses, including SARS-CoV-2.
Impact of Russia-Ukraine War
The Russian-Ukraine war has several indirect effects on the United States surfactants market. As several European countries banned the imports of Russian oil and gas due to Moscow's invasion of Ukraine. The United States stepped in to meet the European countries and energy requirements, which increased the drilling activities in the country and witnessed a raised demand for surfactants. Furthermore, the ongoing war directly impacted the surfactants market as the primary feedstocks for synthetic surfactants, such as benzene, ethylene, n-paraffin, and kerosene prices were affected
Key Players Landscape and Outlook
Major surfactants manufacturers in the United States have strategically engaged in acquisitions to bolster their market standing and enhance their product portfolios. These acquisitions are a proactive approach to fortify their position in the competitive market landscape, enabling them to offer a broader spectrum of products and solutions.
For instance, in September 2022, Stepan Company made a significant acquisition by incorporating PerformanX Specialty Chemicals, LLC, a surfactant manufacturer, into its portfolio. This strategic acquisition is poised to enhance Stepan's share in the surfactants market, solidifying its position as a key player in the industry.
1. Research Methodology
2. Project Scope & Definitions
3. Impact of COVID-19 on United States Surfactants Market
4. Impact of Russia-Ukraine War
5. Executive Summary
6. Voice of Customer
6.1. Market Awareness and Product Information
6.2. Brand Awareness and Loyalty
6.3. Factors Considered in Purchase Decision
6.3.1. Brand Name
6.3.2. Quality
6.3.3. Quantity
6.3.4. Price
6.3.5. Product Specification
6.3.6. Application Specification
6.3.7. VOC/Toxicity Content
6.3.8. Availability of Product
6.4. Frequency of Purchase
6.5. Medium of Purchase
7. United States Surfactants Market Outlook, 2016-2030F
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. By Type
7.2.1. Anionic
7.2.2. Non-Ionic
7.2.3. Cationic
7.2.4. Amphoteric
7.2.5. Others
7.3. By Functionality
7.3.1. Surface modification
7.3.2. Emulsification
7.3.3. Foaming
7.3.4. Dispersion
7.3.5. Others
7.4. By End-user
7.4.1. Pharmaceuticals
7.4.2. Cosmetics
7.4.3. Household & Industrial Cleaning
7.4.4. Textile
7.4.5. Elastomers & plastics
7.4.6. Food & Beverages
7.4.7. Agrochemicals
7.4.8. Oilfield
7.4.9. Paints & Coatings
7.4.10. Others
7.5. By Region
7.5.1. Northwest
7.5.2. Southwest
7.5.3. West
7.5.4. Southeast
7.5.5. Midwest
7.6. By Company Market Share (%), 2022
8. Supply Side Analysis
8.1. Capacity, By Company
8.2. Production, By Company
8.3. Operating Efficiency, By Company
8.4. Key Plant Locations (Up to 25)
9. Market Mapping, 2022
9.1. By Type
9.2. By Functionality
9.3. By End-user
9.4. By Region
10. Macro Environment and Industry Structure
10.1. Supply Demand Analysis
10.2. Import Export Analysis - Volume and Value
10.3. Supply/Value Chain Analysis
10.4. PESTEL Analysis
10.4.1. Political Factors
10.4.2. Economic System
10.4.3. Social Implications
10.4.4. Technological Advancements
10.4.5. Environmental Impacts
10.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
10.5. Porter's Five Forces Analysis
10.5.1. Supplier Power
10.5.2. Buyer Power
10.5.3. Substitution Threat
10.5.4. Threat from New Entrant
10.5.5. Competitive Rivalry
11. Market Dynamics
11.1. Growth Drivers
11.2. Growth Inhibitors (Challenges, Restraints)
12. Key Players Landscape
12.1. Competition Matrix of Top Five Market Leaders
12.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2022)
12.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
12.4. SWOT Analysis (For Five Market Players)
12.5. Patent Analysis (If Applicable)
13. Pricing Analysis
14. Case Studies
15. Key Players Outlook
15.1. BASF Corporation
15.1.1. Company Details
15.1.2. Key Management Personnel
15.1.3. Products & Services
15.1.4. Financials (As reported)
15.1.5. Key Market Focus & Geographical Presence
15.1.6. Recent Developments
15.2. Dow, Inc
15.3. Stepan Company
15.4. Procter & Gamble Company
15.5. Huntsman Corporation
15.6. Croda Inc
15.7. Clariant Corporation
15.8. Evonik Corporation
15.9. Colonial Chemical Inc
15.10. Ashland Inc
*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
16. Strategic Recommendations
17. About Us & Disclaimer
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security