Latin America Surfactant Market Introduction and Overview
According to SPER Market Research, the Latin America Surfactant Market is estimated to reach USD 11.36 billion by 2033 with a CAGR of 6.71%.
Surfactants, or surface-active agents, are chemical compounds that reduce the surface tension between two substances, such as liquids and solids, or between liquids themselves. They play a crucial role in various applications by facilitating the mixing of immiscible substances, such as oil and water. Surfactants are composed of hydrophilic (water-attracting) and hydrophobic (water-repellent) groups, which allow them to interact with both water and oil, leading to the formation of emulsions or foams. They are widely used in household and industrial cleaning products, such as detergents, soaps, and shampoos, where they help to break down and remove dirt and grease. In addition to cleaning applications, surfactants are essential in industries such as agriculture, where they are used in pesticides to improve their spread and adhesion, and in pharmaceuticals, where they assist in drug formulation and delivery. Surfactants are also utilized in the oil and gas sector for enhanced oil recovery and in food processing to improve texture and stability.
- November 2022; Solvay presented Reactsurf 2490, a novel APE-free polymerizable surfactant created as a significant emulsifier for acrylic, vinyl-acrylic, and styrene-acrylic plastic frameworks. In contrast with conventional surfactants, Reactsurf 2490 upgrades emulsion execution to give worked-on practical and stylish advantages in outside coatings and strain delicate glues (public service announcements), even at high temperatures.
- June 2022; Solvay sent off Mirasoft SL L60 and Mirasoft SL A60, two novel superior execution biosurfactants that empower the development of supportable excellence care items. These glycolipid biosurfactants, which depend on rapeseed oil and sugar and have negligible natural and carbon impressions, are proper for various purposes in excellent care, including shampoos, conditioners, shower gels, face washes, and creams.
Market Opportunities and Challenges
Opportunities- Each individual's day-to-day schedule exercises are subject to the utilization of surfactants in a single type of some sort or the other, including toothpaste, individual cleanliness, restorative items, and other drug-by items. The greater part of these items contains surfactants as one of their dynamic and significant fixings. The market for such items is enormous, and the interest is always expanding. In any case, due to their non-biodegradable nature and capacity to gather, there has been a prerequisite and expanding interest in supplanting surfactants with bio-based and green surfactants. Such items are of microbial beginning and are by and large more harmless to the ecosystem than traditional substrates.
Challenges- Regular surfactants are usually obtained from plant oils, such as coconut and palm oils, from plant carbs, such as sorbitol, sucrose, and glucose, or creature fats like fat. Engineered surfactants are derived from petrol-based feedstocks, which incorporate raw petroleum. The essential manufactured feedstocks are ethylene, benzene, lamp fuel, and n-paraffin. In surfactant creation, unrefined substances represent more than 65% of the absolute assembling cost. The expense of unrefined substances, particularly vegetable oils, such as palm oil, and castor oil among others, has been consistently expanding due to rising interest from different areas like food, feed, and biodiesel and lack of unrefined components. This expansion in the expense of natural substances has impacted the cost of completed items which influences the end buyers.
Market Competitive Landscape
The Latin America Surfactant Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are 3M, Arkema, Ashland, BASF SE, Bayer AG, Clariant, Croda International Plc, Deten Quimica S.A., Dow, Evonik Industries AG.
Scope of the report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Type, By Application, By Substrate
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Regions covered | Brazil, Argentina, Mexico, Venezuela, Chile, Uruguay, Peru and Rest of Latin America
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Companies Covered | 3M, Arkema, Ashland, BASF SE, Bayer AG, Clariant, Croda International Plc, Deten Quimica S.A., Dow, Evonik Industries AG.
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COVID-19 Impact on Latin America Surfactant Market
The COVID-19 pandemic significantly impacted the Latin American surfactant market, introducing both challenges and opportunities. Initially, the market experienced disruptions in supply chains due to global lockdowns and restrictions, leading to delays in the production and distribution of surfactants. Raw material shortages and logistical challenges increased costs and affected manufacturing schedules. The pandemic also caused fluctuations in demand, with a surge in the need for cleaning and disinfecting products, boosting the demand for surfactants used in hygiene and sanitization. Conversely, other sectors such as personal care and cosmetics faced reduced demand due to decreased consumer spending and shifts in priorities.
Key Target Audience:
- Personal Care and Cosmetics Manufacturers
- Household and Industrial Cleaning Product Companies
- Oil and Gas Industry
- Agricultural Chemical Companies
- Pharmaceutical Manufacturers
- Detergent and Soap Producers
Our in-depth analysis of the Latin America Surfactant Market includes the following segments:
By Type:
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Anionic
Cationic
Non-lonic
Zwitterionic
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By Application:
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Personal care
Detergents
Textiles
Crop Protection
Food & Beverage
Elastomers & Plastics
Cosmetic Products
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By Substrate:
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Synthetic
Bio-Based
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Key Topics Covered in the Report:
- Latin America Surfactant Market Size (FY’2024-FY’2033)
- Overview of Latin America Surfactant Market
- Segmentation of Latin America Surfactant Market by Type (Anionic, Cationic, Non-lonic, Zwitterionic)
- Segmentation of Latin America Surfactant Market by Application (Personal care, Detergents, Textiles, Crop Protection, Food & Beverage, Elastomers & Plastics, Cosmetic Products)
- Segmentation of Latin America Surfactant Market by Substrate (Synthetic, Bio-Based)
- Statistical Snap of Latin America Surfactant Market
- Expansion Analysis of Latin America Surfactant Market
- Problems and Obstacles in Latin America Surfactant Market
- Competitive Landscape in the Latin America Surfactant Market
- Impact of COVID-19 and Demonetization on Latin America Surfactant Market
- Details on Current Investment in Latin America Surfactant Market
- Competitive Analysis of Latin America Surfactant Market
- Prominent Players in the Latin America Surfactant Market
- SWOT Analysis of Latin America Surfactant Market
- Latin America Surfactant Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Latin America Surfactant Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Latin America Surfactant Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Latin America Surfactant Market
7. Latin America Surfactant Market, By Type (USD Million) 2020-2033
7.1. Latin America Surfactant Market Size, Share and Forecast, By Type, 2020-2026
7.2. Latin America Surfactant Market Size, Share and Forecast, By Type, 2027-2033
7.3. Anionic
7.4. Cationic
7.5. Non-lonic
7.6. Zwitterionic
8. Latin America Surfactant Market, By Application (USD Million) 2020-2033
8.1. Latin America Surfactant Market Size, Share and Forecast, By Application, 2020-2026
8.2. Latin America Surfactant Market Size, Share and Forecast, By Application, 2027-2033
8.3. Personal care
8.4. Detergents
8.5. Textiles
8.6. Crop Protection
8.7. Food & Beverage
8.8. Elastomers & Plastics
8.9. Cosmetic Products
9. Latin America Surfactant Market, By Substrate (USD Million) 2020-2033
9.1. Latin America Surfactant Market Size, Share and Forecast, By Substrate, 2020-2026
9.2. Latin America Surfactant Market Size, Share and Forecast, By Substrate, 2027-2033
9.3. Synthetic
9.4. Bio-Based
10. Latin America Surfactant Market Forecast, 2020-2033 (USD Million)
10.1. Latin America Surfactant Market Size and Market Share
11. Latin America Surfactant Market, By Region, 2020-2033 (USD Million)
11.1. Latin America Surfactant Market Size and Market Share By Region (2020-2026)
11.2. Latin America Surfactant Market Size and Market Share By Region (2027-2033)
11.3. Brazil
11.4. Argentina
11.5. Mexico
11.6. Venezuela
11.7. Chile
11.8. Uruguay
11.9. Peru
11.10. Rest of Latin America
12. Company Profile
12.1. 3M
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Arkema
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Ashland
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. BASF SE
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Bayer AG
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Clariant
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Croda International Plc
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Deten Quimica S.A
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Dow
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Evonik Industries AG
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
13. Conclusion
14. List of Abbreviations
15. Reference Links