“The silicone surfactants market is projected to reach USD 5.73 billion by 2022”
The silicone surfactants market is projected to grow from USD 4.19 billion in 2017 to USD 5.73 billion by 2022, at a CAGR of 6.5% during the forecast period. The rising demand for silicone surfactants from the personal care and other end-use industries is anticipated to drive the growth of this market. However, the high cost of silicone surfactants is expected to constrain the market growth.
“Based on application, the emulsifiers segment is expected to grow at the highest CAGR during the forecast period”
The emulsifiers application segment of the silicone surfactants market is expected to grow at the highest CAGR during the forecast period. Silicone surfactants have low surface tension in comparison to hydrocarbon surfactants and are strong emulsifiers, which make them suitable for various end-use industries.
“Based on end-use industry, the personal care segment is expected to grow at the highest CAGR during the forecast period”
The personal care end-use industry segment of the silicone surfactants market is expected to grow at the highest CAGR during the forecast period. Silicone surfactants are widely used in applications such as skincare, haircare, and personal hygiene products in the personal care industry. The rise in the number of working women and growing demand for men’s grooming products are driving the personal care industry.
“The Asia Pacific silicone surfactants market is projected to grow at the highest CAGR during the forecast period”
Based on region, the silicone surfactants market in Asia Pacific is expected to grow at the highest CAGR from 2017 to 2022. The increasing demand for silicone surfactants from the personal care industry in China and India is anticipated to drive the growth of the market in this region. In addition, increasing e-commerce activities in Asia Pacific is fueling the growth of personal care products in this region.
Breakdown of profiles of primary participants:
- By Company Type: Tier 1 – 30%, Tier 2 – 50%, and Tier 3 - 20%
- By Designation: Director Level - 30%, C Level - 40%, and Others – 30%
- By Region: Asia Pacific - 40%, North America - 20%, Europe – 20%, Middle East & Africa - 10%, and Latin America – 10%
As part of the qualitative analysis, this report provides a comprehensive overview of major market drivers, restraints, opportunities, and challenges. It also discusses competitive leadership mapping and strategies adopted by key market players, such as Evonik Industries (Germany), Dow Corning (US), Momentive Performance Materials (US), Wacker Chemie (Germany), Innospec (US), Shin-Etsu Chemical (Japan), Siltech (Canada), El? (US), Elkem (France), Supreme Silicones (India), Silibase Silicone (China), and Jiangsu Maysta Chemical (China).
The report provides an analysis of the silicone surfactants market across different regions, such as Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. It aims at estimating the market size and growth potential of various market segments based on application and end-use industry. Furthermore, the report also includes an in-depth competitive analysis of key players in the market, in addition to company profiles, recent developments, and key market strategies.
Reasons To buy this report:
This report covers the following key aspects:
- Market size by 2022 and market growth rate
- Key factors expected to drive the market
- Challenges that impact market growth
- Key players operating in the market