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The global surfactant consumption revenue is expected to grow from $27,040 million in 2012 to $36,518 million by 2017, growing at an estimated CAGR of 6.19% from 2012 to 2017. In this, synthetic surfactants are expected to occupy the major share when compared to bio-based surfactants during the next five years. However, consumption of bio-based surfactants is predicted to show a significant growth by 2017. As of 2012, the European region is estimated to be the largest consumer of surfactants and would remain top consumer by 2017.
North America would be the second largest surfactant consumer in 2012, whereas Asia-Pacific is expected to be the third largest surfactant consumer in the same year. The trend is predicted to change by 2017, where the Asia-Pacific region would be the second largest consumer of surfactants, which would be pursued by North America as the third largest surfactant consuming region.
Hazardous environmental impacts, eco-friendly tag of bio-based surfactants might lead to slow growth of synthetic surfactants in the future. However, broadened application areas of surfactants across all industries, and easy availability of synthetic surfactants would keep them in demand in the near future. The overall surfactant demand in the near future would depend on certain factors such as increased applications areas and increasing demand from various industrial segments, newer/alternative products with compatible price range, substrate availability, environmental laws and regulations, increasing surfactant consumption in developing countries, increasing awareness towards eco-friendly products, etc. Global surfactant consumption is expected to grow at an estimated CAGR of 6.01% from 2012 to 2017.
Surfactant is a term derived from contraction of the terms Surface Active Agents. These are a group of amphiphilic organic compounds which help to lower the surface tension of a liquid or interfacial tension between two liquids. These usually act as a detergents or wetting agents or emulsifiers or foaming agents. The wetting and penetration effect, emulsification, dispersion, foaming, detergency, conditioning, and substantivity are some of the important properties of surfactants due to which these are widely used across different industries.
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