Silicone Surfactants Market Size Forecast 2021 - 2027 by Global Industry Trends, Revenue, and Business Prospect

Silicone Surfactants Market Size Forecast 2021 - 2027 by Global Industry Trends, Revenue, and Business Prospect

Bullish demand from the personal care industry is boosting the global silicone surfactants market forecast. Heightened awareness regarding the significance of personal hygiene and grooming among the millennial population will bode well for the industry outlook.

Stakeholders are expected to emphasize portfolio expansion of sustainable silicone surfactants across the business verticals. The current trend suggests that there is an increasing development of silicone surfactants with low levels of VOC to boost higher energy efficiency and improve aesthetics. The use of surfactants as wetting agents, emulsifiers, detergents, foaming or defoaming agents and dispersants will be pronounced across a slew of industrial applications.

According to a report from the Global Market Insights, Inc., the global silicone surfactants market will grow at a notable rate by 2027.

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The trend for emulsifiers will be pronounced in the paints & coatings, construction, and personal care end-use sectors. Emulsifiers are sought-after to stabilize polyurethane foam, and given the strong demand for that product, this will be greatly boosting the industry forecast. Silicone emulsifiers have gained popularity over their ability to enhance the product’s efficiency and processing time. The demand for emulsifiers will be more pronounced in rubber and plastics, food trays, textile finishing and printing and papermaking.

The silicone surfactants market will witness increased penetration in the personal care sector with a growing focus on skincare applications. Notably, wetting surfactants have gained traction in cosmetic creams and lotions, while emulsions are used to provide beneficial lipid materials to the skin and hair surface.

Silicones are expected to bring a paradigm shift in the industry when it comes to durability and application of makeup products, including eyeshadows, foundation, pencil eyeliners and blushes. Silicone surfactants are expected to be sought in a slew of products, including dispersants, foaming agents, solubilizing agents, emulsifiers and conditioners.

The Asia Pacific will potentially emerge as a revenue-boosting hub with growing penetration of surfactants in the textile and paints and coatings industries. The thriving textile industry in China and Bangladesh has added fillip to the demand outlook of silicone surfactants.

North American and European fashion brands are likely to treat APAC as a preferred sourcing destination for garments, reinforcing APAC silicone surfactants market growth. However, growth projections are notably dampened as the textile industry has witnessed repercussions of the COVID-19 pandemic in the region.

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Stakeholders are poised to inject funds into the North America market given the expansion of silicone surfactants in oil & gas, paints and coatings, and personal care industries. For instance, surfactants have gained an uptick in enhanced oil recovery (EOR) with the growing popularity of wettability, emulsification and foam generation. Moreover, the growth of the paints and coatings sector and the demand from the automotive sector will act as a major precursor in the North American silicone surfactants market forecast.

The competitive scenario of the industry has intensified with companies such as Evonik Industries AG, Shin-Etsu Chemical Co., Ltd., Dow Corning Corporation, Hangzhou Ruijiang Performance Material Science and Wacker Chemical AG, among others. They have upped their focus on organic and inorganic strategies, including mergers & acquisitions, product launches, strategic alliances and R&D investments.

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Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

 

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