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Anionic Surfactants Market Size

Report ID: GMI5483
Published Date: Mar 2023
Report Format: PDF

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Anionic Surfactants Market Size

Anionic Surfactants Market size was valued at over USD 20 billion in 2022 and is slated to grow at 5.5% CAGR from 2023 to 2032 driven by increasing government funding and initiatives for oil & gas projects globally

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Anionic surfactants have a negative charge on their polar head, which helps them get easily repelled by sandstones and other materials present in oil reservoirs for enhanced oil recovery processes. In wake of the post-pandemic energy crisis, many world governments are turning back towards oil & gas to secure their respective future energy demands, augmenting the market scenario. For instance, the government of Indonesia recently announced efforts towards boosting the nation’s oil & gas yield and also focusing on scouring potential investments for the upstream sector

Anionic Surfactants Market Report Attributes
Report Attribute	Details
Base Year:	2022
Anionic Surfactants Market Size in 2022:	USD 20.3 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5.5%
2032 Value Projection:	USD 35.3 Billion
Historical Data for:	2018 to 2022
No. of Pages:	550
Tables, Charts & Figures:	936
Segments covered:	Product, Application, and Region
Growth Drivers:	Rising government investments & initiatives for oil & gas projects across globe to stimulate the anionic surfactants industry growth. Increasing consumer indulgence in affordable luxuries through premium beauty products will stimulate market growth. Increasing consumer focus on disinfection and sustainability of homecare products
Pitfalls & Challenges:	Disadvantages of large-scale applications and negligence of chemical ingredients may hamper industry growth.

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Drawbacks of large-scale product applications may hinder industry scenario

With extensive application of the product, it likely has a widescale presence in both industrial and domestic wastewater. If this contaminated water is directed towards industrial wastewater treatment plants that cannot process the chemical, or worse, is directly dumped into the environment, it can result in serious environmental pollution. The material is known to have a very toxic effect on living organisms, which may pose a challenge for industry progress.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market for anionic surfactants recorded a valuation of more than USD 20 billion and is expected to grow at 5.5% CAGR from 2023 to 2032, driven by surging initiatives and spending by world governments towards oil & gas projects.

Household detergents segment is slated to witness over USD 21 billion by 2032, owing to growing inclination of people towards hygiene in wake of COVID-19 pandemic.

Asia Pacific anionic surfactants market is poised to record a valuation of over USD 11 billion by 2032, on account of growing demand for sustainable green and biosurfactants in the region.

Some of the major market contenders are Evonik Industries AG, Kao Corporation, Clariant Ltd., Croda International PLC, and Galaxy Surfactants Limited, among others.