The global coconut derived surfactants market size is likely to be evaluated at US$ 1,886.9 million in 2023. The market is expected to reach US$ 2,606.8 million in 2033 and exhibit immense growth at a CAGR of 3.3% in the forecast period.
The global coconut derived surfactants market size is likely to be evaluated at US$ 1,886.9 million in 2022 and is expected to reach US$ 2,606.8 Million in 2032 and exhibit immense growth at a CAGR of 3.3% in the forecast period.
Surfactants are organic chemicals that increase water and water-based product wetting, dispersion, solubility, foaming, and lubricity. The molecule of this substance can have both lyophilic (solvent-loving) and lyophobic (solvent-fearing) groups. Surfactants lower liquid surface tension, making it easier for chemicals to combine.
As customers prioritise sustainable and eco-friendly choices in personal care and homecare goods, the Coconut Derived Surfactants Market is expanding rapidly. These surfactants, derived from natural coconut oil, provide gentle washing and foaming qualities without negatively impacting the environment. Manufacturers are working on novel formulations as demand for greener products grows, fueling the market’s rapid expansion.
Surfactants are traditionally manufactured from crude oil. Demand for biosurfactants derived from plants and natural substances such as coconuts, soybeans, grapefruit seed and pulp extracts, maize, and so on is being driven by the scarcity of crude oil and growing environmental concerns.
Methyl Ester Sulfonates (MES) is the largest consumed biosurfactant derived from coconut and it is the perfect substitute to synthetics surfactants as detergent feedstock.
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Coconut-derived surfactants is a substitute for alkylbenzen products from crude oil. It is not only eco-friendly but also tender for the skin, it can be effectively applied under hard water, for different types of cotton and fabrics.
Many modern surfactants are made from oleochemicals (vegetable derived) rather than petrochemicals (petroleum derived) and are also biodegradable. Oleochemicals, or fats used to synthesize these surfactants include palm and coconut oils.
These surfactants include the anionic alkyl polyglucosides (decyl, lauryl, and octyl), which are made from fatty alcohols from coconut or palm and glucose from corn starch using green chemistry.
Coconut derived surfactant market: segmentation
Coconut derived surfactants market is segmented on the basis of its application household, detergent, personal care, food processing applications, agriculture chemicals, textiles, institutional applications and others.
The growing environmental awareness and growing market for personal care products in emerging economies is reporting high market demand for bio surfactants. As coconut derived surfactants are natural and no hazards to skin its demand in household detergents market is growing.
Coconut derived surfactants market is also segmented according to its formulations as liquid formulations, bar formulations and powdered formulations. Coconut derived surfactant MES is popularly used in bar and powdered formulations .
The market is further segmented on the basis of region as North America, Latin America, Middle East and Africa, Europe, Asia pacific except Japan and Japan.
Coconut derived surfactant Market: Region-wise Outlook
In terms of volume Europe is leading regional market for the use of coconut derived surfactant MES followed by North America. Asia Pacific is expected to be fastest going regional market for coconut derived surfactants in near future.
Countries like India and China have major presence of agricultural, textile and personal care industries which is expected to fuel the market demand for coconut based surfactants. Increased consumer demand for natural products is becoming market driver in developing regions.
Coconut derived surfactants Market: Drivers
The increasing world demand for product constitute of surfactants is expected to show a significant growth by 2025. Not only in the developing economies but also in developed countries like Japan, where the population is shrinking, is expected to find new applications bio surfactants derived from coconut and other natural sources.
Increased environmental concerns due to the use of crude oil based chemical surfactants such as low bio degradability are expected to be the key demand driver for coconut based biodegradable surfactants.
Growing health awareness in the developing markets like Middle East, Africa & Japan is another prime resource for fueling market demand of bio surfactants. Expansion of old players and emerging new entries in personal care and chemical processing industries also driving market demand. Low cost and easy availability of raw materials is another factor for market growth of coconut based surfactants.
Other qualities of coconut based surfactants awarding high market demand are, super concentrated ingredients and high content of surfactant properties making high performing stain removal, neutral for hard washing and no water pollution as natural substance.
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Coconut derived surfactants Market: Key Players
The key international players and global market leaders manufacturing coconut based surfactants are Stepan Company and Haiquing Biotechnology. Lion Corporation, Huish Detergent, Guangzhou Lonkey Industrial Co. Ltd, Chemithon and KL-Kepong Oleomas have significant market shares.
Key Segments Profiled in the Coconut Derived Surfactants Market Survey
By Application:
By Formulations:
Frequently Asked Questions
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Author
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market.
Feb 14, 2024
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