Report : Middle East & Africa Natural Surfactants Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Anionic, Cationic, and Non-Ionic), Form (Powder and Liquid), and End User (Water and Wastewater Treatment, Pulp and Paper Manufacturing, Oil and Gas, Mining Industry, and Others)
At 3.6% CAGR, the Middle East & Africa Natural Surfactants Market is speculated to be worth US$ 692.63 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa natural surfactants market was valued at US$ 560.67 million in 2022 and is expected to reach US$ 692.63 million by 2028, registering an annual growth rate of 3.6% from 2022 to 2028. Raising development in production techniques and extensive R&D and surging usage of natural surfactants in crop protection.
The productivity of natural surfactants has been increased using various strategies, such as genetic manipulation, computational modeling, and the optimization of growing use of natural surfactants. Extreme foaming is produced when natural surfactants are processed in a bioreactor by agitation and aeration of the solution. Extracellular proteins can occasionally encourage excessive foam creation, increasing production costs. Therefore, low-cost substrates like crude or waste materials like fatty acid residue from the refining of soybean oil, glycerin from the creation of biodiesel, and residue from the refining of sunflower oil are utilized to cut the cost of manufacturing natural surfactants. Additionally, using these waste substrates increases consumption effectiveness, sharply lower production costs, and makes the procedure environment friendly as a result, it is predicted that the demand for natural surfactants will increase in the next years due to the ongoing development of production methods. The increasing investment from foreign manufacturers in the region will boost the natural surfactant market owing to ease in the availability of raw materials and labor force. These companies are extensively engaged in R&D activities to innovate and develop natural surfactants. For instance, Evonik Industries and Unilever joined to launch a new cleaning ingredient. The companies decided to harness a naturally occurring procedure to develop a natural surfactant rhaMnolipids that effectively removes dirt and grease.
On the contrary, high cost of production of natural surfactants.
- Based on type, the Middle East & Africa natural surfactants market is segmented into anionic, cationic, non-ionic, and amphoteric. The anionic segment held 45.1% market share in 2022, amassing US$ 253.73 million. It is projected to garner US$ 319.07 million by 2028 to expand at 3.9% CAGR during 2022–2028.
- Based on application, the Middle East & Africa natural surfactants market is categorized into detergents, personal care, industrial and institutional cleaning, oilfield chemicals agriculture chemicals, and others. The detergents segment held 45.4% market share in 2022, amassing US$ 258.94 million. It is projected to garner US$ 345.14 million by 2028 to expand at 4.9% CAGR during 2022–2028.
- Based on country, the Middle East & Africa natural surfactants market has been segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. Our regional analysis states that Rest of MEA captured 41.1% market share in 2022. It was assessed at US$ 229.51 million in 2022 and is likely to hit US$ 692.63 million by 2028, exhibiting a CAGR of 3.6% during the forecast period.
Key players dominating the Middle East & Africa natural surfactants market are BASF SE; Clariant AG; Croda International plc; Dow Inc.; KAO Corporation; Solvay S.A.; Arkema; Stepan Company; and Evonik Industries AG among others.
Contact Us
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email id: sam@businessmarketinsights.com