Market Definition and Growth factors:
The extensive use of these surfactants in pigment stabilization, which is used in coating formulations such as architectural, industrial, and automotive paints, is the major factor fueling the demand for low foam surfactants. The growth of the global Low Foam Surfactants Market is driven by its superior properties such as foaming and foam stability, wetting, emulsification, and dispersion.
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Croda International Plc (UK),
Kao Corporation (Japan),
Evonik Industries AG (Germany),
Akzo Nobel N.V. (The Netherlands),
BASF SE (Germany),
Stepan Company (US),
Huntsman International LLC (US),
Galaxy Surfactants Ltd (India),
Air Products and Chemicals, Inc (US),
The global Low Foam Surfactants Market has been segregated based on type, application, and region.
The global COVID 19 Impact on Low Foam Surfactants Market, by type, has been categorized into non-ionic, amphoteric, and cationic. The non-ionic segment is projected to witness significant growth during the review period as it offers excellent rinsing and sprays cleaning performance for several high agitations and mechanical cleaning applications, including rinse aids for automated detergent applications, pulp and paper processing, dairy and food cleaners, textile chemistries, among others.
The application segments of the global market are commercial machine dishwashing, food & dairy process cleaners, metal cleaning & metalworking fluids, home & personal care, pulp & paper, agrochemicals, oilfield chemicals, textile, and others. Rapid urbanization and industrialization across the globe have expanded the industrial base, which consequently is expected to fuel the demand for low foam surfactants.
The global market, by region, has been categorized into Europe, Asia-Pacific, North America, Latin America, and the Middle East & Africa.
Asia-Pacific held the largest market share in 2019 owing to the increasing demand for the product in end-use industries such as food & beverage, textile, personal care, and agrochemicals.
The markets in North America and Europe are expected to showcase significant growth due to the high demand for the product in major end-use industries. Moreover, the developed automobile industry in the European region is also expected to boost the demand for surfactants owing to its extensive use in the paints and coatings industry. Furthermore, the growing demand for processed food is also expected to fuel the demand for low foam surfactants as food emulsifiers.
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