Amphoteric surfactants have excellent characteristics such as good detergency, hard water compatibility, foaming properties, mild behavior, conditioning properties, and biodegradability. They cause less irritation to human skin and eyes, and are applicable in a wide pH range.
Increasing consumption of amphoteric surfactants, owing to rising demand for sulfur-free and skin-friendly surfactants is a major factor expected to drive growth of the global amphoteric surfactants market over the forecast period. In addition, increasing demand for high-performance surfactants across the globe is another factor expected to propel growth of the target market over the forecast period.
However, high cost associated with amphoteric surfactants as compare to conventional surfactants is factor expected to hamper growth of the target market in the near future.
The global amphoteric surfactants market has been segmented on basis of on the basis of type, application, and region. On the basis of type, the target market is segmented into betaine, amine oxide, amphoacetates, amphopropionates, and sultaines. On the basis of application global amphoteric surfactants market is segmented into personal care, home care and industrial and institutional cleaning, oil field chemicals, agrochemicals, and others that include food processing, leather processing, metalworking, textile, paint and coating, and pulp and paper. personal care segment dominates the global market in terms of revenue and is expected to maintain its dominance over the forecast period, owing to increasing demand for personal care products across the globe due to changing lifestyle of individuals and increasing awareness among them about hygiene.
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Based upon region global amphoteric surfactants market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The market in Europe is estimated to be highest share in terms of revenue, owing to increasing demand for mild and skin-friendly surfactants in personal care products, in the region. The markets in Asia Pacific is expected to register significant growth in terms of revenue, owing to growing awareness regarding use of sulfur-free skin-friendly surfactants in the region over the forecast period.
Key players operating in the global amphoteric surfactants market include AkzoNobel N.V., BASF SE, Clariant AG, Croda International Plc., Evonik Industries AG, Lonza Group Ltd, The Lubrizol Corporation, Oxiteno SA, Solvay SA, and Stepan Company.