The report of Superwetting Surfactants Market by Type (Organic Surfactants, Silicone-Based Surfactants, Fluoro-Surfactants, others), Application (Agricultural Adjuvants, Paints & Coatings, cleaning, printing inks, overprint varnishes & primers, adhesives, and others), and Region (North America, Asia Pacific, Europe, South America, and Middle East & Africa) is expected to reach around US$ XX Mn by 2027, at a CAGR of XX% during the forecast period.
The demand for the product in the agrochemicals to increase their performance in the agriculture industry is the key factor driving the growth of the global superwetting surfactants market. The important physical properties of these types of surfactants like superb spreading, good solubility in water & organic solvents, and high polymer content favors their demand in the paints & coatings industry. Also, the rising global demand for label packaging which delivers a nutritive and product information.
The color, design, and appearance of the ink is a critical factor considered in attracting the customers. Likewise, the global coatings industry is observing noticeably high demand from the key end-users, like building & construction, automotive, and consumer durables. The superwetting surfactants are used in emerging the coating formulations mainly for the hard-to-coat surfaces like metals, wood, and composites. This is expected to boost demand for the product in the future.
On the other hand, the cost related to the product is expected to hinder the global superwetting surfactants market growth in the future.
The market in Asia-Pacific held the largest market share of the global superwetting surfactants market in 2018, because of the extensive use of superwetting surfactants coatings, varnishes, and agrochemicals. In Asia-Pacific, the agricultural sector is the largest consumer of agrochemicals in the globe. With the advent of agricultural adjuvants to improve the performance of several agrochemicals, for example, pesticides, fungicides, fertilizers, and herbicides, the product is expected to witness healthy growth in demand. The rapid growth of the leading end-use industries like automotive, construction, consumer goods, and agrochemicals is expected to boost the demand for the superwetting surfactants in this region.
Key players operating in the Superwetting Surfactants market are Evonik AGC SEIMI CHEMICAL CO., Ashland, BYK, BASF SE, Ethox Chemicals LLC, Siltech Corporation, The Dow Chemical Company, Jiangxi Tiansheng New Materials Co., Ltd., BRANDT, and others.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Superwetting Surfactants Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Superwetting Surfactants Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Superwetting Surfactants Market positioning of competitors.
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