Natural Surfactants Market Trends

Growth Drivers

Growing Concerns for the Environment

According to the statistics by the World Bank, municipal solid waste of 2.01 billion tonnes is generated annually around the world. Further, the statistics also stated that by the year 2050, the global waste is anticipated to grow to 3.40 billion tonnes.

The concern for the solid wastes generated around the globe is increasing every day. To tackle the issue, several governmental agencies, including researchers and scientists are working on to develop solutions that can help to curb the global issues of solid wastes. Owing to the increasing availability of waste materials around the globe, products such as natural surfactants, which are also manufactured by waste materials, has provided a dynamic solution to waste management, both for industries and the environmental agencies dealing with waste management. As such, several manufacturers in the chemical industry are increasingly switching to such chemical compounds which can help to contribute to lesser environmental pollution. Such a factor is anticipated to drive the growth of the global natural surfactants market.

Numerous Benefits Associated with Natural Surfactants to Promote Market Growth

Natural surfactants possess several benefits over other surfactant types, such as low toxicity and greater functionality under extreme conditions. As a result, it has helped several industries in optimizing the use of the natural surfactants and has further attracted the attention of the research fraternity and several new industries to become key end-users of the product. On the other hand, natural surfactants also are used widely in the field of medicine and healthcare, and has further helped to gain the attention of the several other key players in the pharmaceutical and healthcare industry for the use of natural surfactants. Such a factor is anticipated to drive the growth of the global natural surfactants market.

Challenges

High End Product Cost

The production of natural surfactants includes the process of fermentation and other cumbersome procedures. As the yield is often very low, hence the production cost goes up in comparison to conventional surfactants, raising the end product cost. Such a factor is anticipated to restrict the growth of the global natural surfactants market over the forecast period.