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Surfactants Market To Grow In Near Future And With the High CAGR Value - Scalar Market Research
Surfactants or Surface Active Agents are organic compounds manufactured from petrochemical raw materials or oleochemicals. They are amphiphilic in nature contains both hydrophobic and hydrophilic groups. Surfactants are widely used in many industries for their properties and can act as wetting agent, emulsifier, detergents, foaming agent and dispersant. Surfactants found application in Detergents, Oilfield chemicals, Personal care, Food & Beverages, Textile, Crop protection etc. industries. In recent years Bio-surfactants are gaining popularity due to their eco-friendly nature, possibility of large scale production, diversity and high performance.The report on the global Surfactants market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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KEY PREMIUM INDUSTRY INSIGHTS
The key reasons driving the growth of the Surfactants market includes wide range of applications in end-use industries and increasing use of Surfactants in household detergent in developing economies augmented by the change in lifestyle.
Demand from personal care industry is one of the key growth opportunity drivers for this market.
However, factors like stringent environmental regulations may hamper the growth of the Surfactants market.
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