The Silicone Surfactants Market is expected to grow at > 4.8% during 2021-2026, according to a report from Stratview Research.
COVID-19 pandemic – Boon or a Curse to the industry?
The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.
Key insights on Silicone Surfactants Market
Silicone Surfactants Market is likely to witness an impressive CAGR of 4.8% during the forecast period. Increasing usage of eco-friendly polystyrene by various end-use industries to meet governments’ criteria to reduce greenhouse gas emissions is attributed as the major factor contributing to the demand for silicone surfactants market during the forecast period.
Asia-Pacific is estimated to be the largest as well as the fastest-growing market for silicone surfactants during the forecast period owing to increasing population and hence, increased demand for personal care and constructions activities. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.
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Market Scope & Market Segmentation
Silicone Surfactants Market Share: By Application Type
Based on the application type, the market is segmented as emulsifiers, foaming agents, defoaming agents, wetting agents, dispersants, and others. The emulsifier segment held the largest share of the market in 2020, and is expected to remain dominant during the forecast period. Emulsifiers are the applications in cosmetics and personal care products and are also used to stabilize polyurethane foams.
Silicone Surfactants Market Share: By End-Use Industry Type
Based on the end-use industry type, the silicone surfactants market is segmented as personal care, construction, textile, paints & coatings, agriculture, and others. The personal care industry, owing to increasing demand for non-hazardous ingredients in personal care products, is likely to register substantial growth opportunities during the forecast period.
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Which key questions will this report answer?
This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2020-2025. It also offers insights into different market segments and other factors affecting the market.
Some of the key questions answered by the report are:
Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.
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