With RSPO (Roundtable on Sustainable Palm Oil) certifications, the BASF SE Home Care, I&I, and Industrial Formulators Europe division has greatly increased the range of palm-based surfactants in its offering.
In order to commercialize its portfolio of high-performance sophorolipid biosurfactants in the international personal care and home care industries, The Dow Chemical Company established an exclusive agreement with Locus Performance Ingredients (Locus PI). Compared to traditional surfactants, the chemicals offer a significant reduction in carbon impact. Through this collaboration, Dow will be better able to meet the growing demand from consumers for ingredients that are sustainable, biobased, and biodegradable.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5236
Published Date: Sep 15, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growing awareness among people regarding cleanliness, rising demand for bio-based surfactants, and surge in demand for cosmetics.
The market size of low foam surfactants is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024 â€“ 2036.
The major players in the market are BASF SE, The Dow Chemical Company, Huntsman International LLC, Croda International Plc, and others.
The non-ionic segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.