Superwetting Surfactants Industry – Sales Revenue, Share, Key Vendors, Drivers and Trends by Forecast to 2023
Market Insights:
The key factors driving the growth of this market are the rapidly growing
demand for the product in the agrochemicals to increase their performance.
Their physical properties such as excellent spreading, good solubility in water
and organic solvents, and high polymer content favor their demand in the paints
and coatings industry. There is a rising global demand for label packaging,
which provides the nutritive and product information. Superwetting surfactants
are widely used in developing the coating formulations especially for the
hard-to-coat surfaces such as metals, wood, and composites. This is expected to
propel the global market growth in the coming years.
Market Segmentation
The global superwetting surfactants market has been segregated on the
basis of type, application, and region.
By type, the global superwetting surfactants market has been divided
into organic surfactants, silicone-based surfactants, fluoro-surfactants, and
others. The silicone-based segment accounted for the largest market share in
2017 and is expected to register the highest CAGR on account of high demand in
the agrochemicals industry. In addition, the product is widely use in
developing coating formulations for the automotive industry.
On the basis
of application, the global superwetting surfactants market has been
categorized into agricultural adjuvants, paints & coatings, cleaning,
printing inks, overprint varnishes & primers, adhesives, and others. The
agricultural adjuvants segment held the largest market share in 2017 and is
projected to be the leading segment in the coming years. The growing demand for
highly efficient agrochemicals with minimal negative impact is likely to boost
the demand for superwetting surfactants as a performance enhancer. Furthermore,
the coatings and varnishes application segment is expected to register a
healthy CAGR during the forecast period.
Competitive Analysis
·
BYK
·
BASF SE
·
Ethox Chemicals LLC
·
Siltech Corporation
·
Evonik
·
AGC SEIMI CHEMICAL CO.
·
Ashland
·
The Dow Chemical Company
·
Jiangxi Tiansheng New Materials Co., Ltd.
·
BRANDT
Regional Analysis
Asia-Pacific, Europe, North America, Latin America, and the Middle East
& Africa are the five key regions studied for the Superwetting Surfactants Industry.
Asia-Pacific accounted for the largest market share in 2017 and is projected to
be the fastest growing regional market. This is primarily attributed to the
surging demand for the product in agrochemicals, paints and coatings and
consumer goods industries in this region.
The market in North America is expected to hold the second-largest
market share on account of rapid growth in demand for the product for
increasing the agricultural productivity. The European market is expected to
witness sluggish growth during the forecast period.
Intended Audience
- Superwetting Surfactants Manufacturers
- Traders and Distributors of Superwetting
Surfactants
- Research and Development Institutes
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratories
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