The global coconut derived surfactants market size is likely to be evaluated at USD 1,886.9 million in 2023. The market is expected to reach USD 2,606.8 million in 2033 and exhibit immense growth at a CAGR of 3.3% in the forecast period.
The coconut derived surfactants market size is likely to expand, owing to the reduced prices of raw materials associated with lesser production. Although, the expensive and time-consuming legislative requirements are likely to impede the growth of the coconut-derived surfactant.
On the other hand, bio-based surfactants and sustainable green surfactants have been growing in demand worldwide, which is estimated to create several opportunities for the market.
Coconut-derived surfactants have various applications that increase their demand among end users. For instance, the surfactant level in automatic dishwasher detergents is lower than in hand dishwashing detergents to reduce foaming.
These surfactants are increasingly being used in the cosmetic industry. Additionally, governments across the globe have initiated measures promoting the use of chemical-free supplements, which is anticipated to fuel the growth of market trends.
The adoption of coconut-derived surfactants is likely to increase in various sectors since they have low surface tension features. Furthermore, owing to growing washing machine penetration, especially in developing economies, coconut-derived surfactants are likely to contribute most to natural surfactants.
Attribute | Key Statistics |
---|---|
Coconut Derived Surfactants Market Size (2023) | USD 1,886.9 million |
Projected Market Size (2033) | USD 2,606.8 million |
Value-based CAGR (2023 to 2033) | 3.3% |
Increasing demand from various applications, as well as andonal care sectors, are essental aspects that are likely to accelerate the global coconut dericoconut-derived market growth. Moreover, the increasing demand for emulsion polymerization further surged the adoption of these surfactants.
There has been a growth in the purchasing of liquid soap, owing to the COVID-19 pandemic, along w anding awareness of hygiene. Additionally, the increasing focus on environmental regulations will likely cultivate high demand for these surfactants in the market.
ct regulations implemented on using conventional surfactants. Moreover, there has also been significant growth in the usage of surfactants in the detergent industry. These factors are estimated to drive the sales of coconut-derived surfactants.
Coconut-derived surfactants are used in various products, such as detergents and cosmetics. Hence, the industry's diversity of applications might be an obstruction when a large-scale issue approaches.
Consumers may be unwilling to pay a bio-premium cost that applies to natural surfactants. Moreover, the raw material prices also fluctuate every so often. These are likely to pose major challenges for the coconut derived surfactants market.
There has been an increased use of crude oil-based chemical surfactants, which is harmful to the environment due to several factors, such as low biodegradability. Hence, growing awareness about environmental protection is likely to surge the adoption of coconut-derived surfactants, as they are natural and eco-friendly.
Europe is the dominating coconut derived surfactants market, with a notable revenue of 40.4%, and is expected to hold its position in the forecast period. This is attributed to the increasing demand for oilfithis region's chemicals and detergents in this region.
This region hhigh awareness regarding the negative effects of chemical surfactants on human health and the environment. This has surged the rising adoption of bio-based or natural surfactants such as coconut-derived surfactants. Additionally, the market growth is further estimated to be supported by a large manufacturing base for personal care products.
North America is the second most dominating coconut derived surfactants market and holds a significant share with a revenue of 34.1%. This is owing to government legislation and the growing demand for chemical-free surfactants.
The potentially hazardous effects of conventional surfactants on the skin have shifted consumer preference toward natural products. This is anticipated to bolster the demand for coconut-derived surfactants and its market growth in this region.
The Asia-Pacific is a growing coconut-derived surfactant market. Several agricultural, textile, and personal care industries in countries such as China and India, along with the growing demand for natural products, are expected to fuel the demand for these surfactants.
As of today, companies that develop coconut-derived surfactants are mostly top market players. However, a few start-up companies are contributing to the sales of coconut-derived surfactants through extensive research and development activities.
In 2015, new technologies were explored by researchers in Paul Dauenhauer's laboratory at the University of Minnesota to use biomass. These materials were derived from organic, renewable sources to make the same chemical components required to manufacture plastics, rubber, detergents, etc., usually derived from fossil fuels.
The result was Eosix - a method for making nontoxic, sustainably-sourced ingredients called surfactants. In 2016, Christoph Krumm, Dauenhauer, and laboratory members co-founded a start-up company, Sironix Renewables with help from the Venture Center at UMN Technology Commercialization. Krumm now leads the company as CEO at its headquarters in Seattle.
Industry players engage in numerous planned product launches and global expansion to promote the brand and sales. They are also expanding their presence across various geographies and entering new markets, especially in developing regions, to expand their customer base and strengthen their presence.
Due to the surging consumer demands, the introduction of new innovative products in the market is also being carried out by market players.
Key Market Players in the Coconut Derived Surfactants Market
Some of the recent developments in the coconut derived surfactants market are:
F. Hoffmann-La Roche Ltd., Sysmex Corporation, Siemens AG, Thermo Fisher Scientific Inc., Alere Inc., Diagnostica Stago, NIHON KOHDEN CORPORATION, Helena Laboratories, Instrumentation Laboratory, International Technidyne Corporation, Roche Diagnostics, Danaher Corporation Abbott Laboratories, etc.
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Liters) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 4: Global Market Volume (Liters) Forecast by Application, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Formulations, 2018 to 2033
Table 6: Global Market Volume (Liters) Forecast by Formulations, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (Liters) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 10: North America Market Volume (Liters) Forecast by Application, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Formulations, 2018 to 2033
Table 12: North America Market Volume (Liters) Forecast by Formulations, 2018 to 2033
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Volume (Liters) Forecast by Country, 2018 to 2033
Table 15: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 16: Latin America Market Volume (Liters) Forecast by Application, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Formulations, 2018 to 2033
Table 18: Latin America Market Volume (Liters) Forecast by Formulations, 2018 to 2033
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Western Europe Market Volume (Liters) Forecast by Country, 2018 to 2033
Table 21: Western Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 22: Western Europe Market Volume (Liters) Forecast by Application, 2018 to 2033
Table 23: Western Europe Market Value (US$ Million) Forecast by Formulations, 2018 to 2033
Table 24: Western Europe Market Volume (Liters) Forecast by Formulations, 2018 to 2033
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Eastern Europe Market Volume (Liters) Forecast by Country, 2018 to 2033
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 28: Eastern Europe Market Volume (Liters) Forecast by Application, 2018 to 2033
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Formulations, 2018 to 2033
Table 30: Eastern Europe Market Volume (Liters) Forecast by Formulations, 2018 to 2033
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: South Asia and Pacific Market Volume (Liters) Forecast by Country, 2018 to 2033
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 34: South Asia and Pacific Market Volume (Liters) Forecast by Application, 2018 to 2033
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Formulations, 2018 to 2033
Table 36: South Asia and Pacific Market Volume (Liters) Forecast by Formulations, 2018 to 2033
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 38: East Asia Market Volume (Liters) Forecast by Country, 2018 to 2033
Table 39: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 40: East Asia Market Volume (Liters) Forecast by Application, 2018 to 2033
Table 41: East Asia Market Value (US$ Million) Forecast by Formulations, 2018 to 2033
Table 42: East Asia Market Volume (Liters) Forecast by Formulations, 2018 to 2033
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 44: Middle East and Africa Market Volume (Liters) Forecast by Country, 2018 to 2033
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 46: Middle East and Africa Market Volume (Liters) Forecast by Application, 2018 to 2033
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Formulations, 2018 to 2033
Table 48: Middle East and Africa Market Volume (Liters) Forecast by Formulations, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Formulations, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (Liters) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 9: Global Market Volume (Liters) Analysis by Application, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 12: Global Market Value (US$ Million) Analysis by Formulations, 2018 to 2033
Figure 13: Global Market Volume (Liters) Analysis by Formulations, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by Formulations, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by Formulations, 2023 to 2033
Figure 16: Global Market Attractiveness by Application, 2023 to 2033
Figure 17: Global Market Attractiveness by Formulations, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 20: North America Market Value (US$ Million) by Formulations, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (Liters) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 27: North America Market Volume (Liters) Analysis by Application, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 30: North America Market Value (US$ Million) Analysis by Formulations, 2018 to 2033
Figure 31: North America Market Volume (Liters) Analysis by Formulations, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Formulations, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Formulations, 2023 to 2033
Figure 34: North America Market Attractiveness by Application, 2023 to 2033
Figure 35: North America Market Attractiveness by Formulations, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 38: Latin America Market Value (US$ Million) by Formulations, 2023 to 2033
Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (Liters) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 45: Latin America Market Volume (Liters) Analysis by Application, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Formulations, 2018 to 2033
Figure 49: Latin America Market Volume (Liters) Analysis by Formulations, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Formulations, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Formulations, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 53: Latin America Market Attractiveness by Formulations, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Western Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 56: Western Europe Market Value (US$ Million) by Formulations, 2023 to 2033
Figure 57: Western Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 59: Western Europe Market Volume (Liters) Analysis by Country, 2018 to 2033
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Western Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 63: Western Europe Market Volume (Liters) Analysis by Application, 2018 to 2033
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 66: Western Europe Market Value (US$ Million) Analysis by Formulations, 2018 to 2033
Figure 67: Western Europe Market Volume (Liters) Analysis by Formulations, 2018 to 2033
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Formulations, 2023 to 2033
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Formulations, 2023 to 2033
Figure 70: Western Europe Market Attractiveness by Application, 2023 to 2033
Figure 71: Western Europe Market Attractiveness by Formulations, 2023 to 2033
Figure 72: Western Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: Eastern Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 74: Eastern Europe Market Value (US$ Million) by Formulations, 2023 to 2033
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 77: Eastern Europe Market Volume (Liters) Analysis by Country, 2018 to 2033
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 81: Eastern Europe Market Volume (Liters) Analysis by Application, 2018 to 2033
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Formulations, 2018 to 2033
Figure 85: Eastern Europe Market Volume (Liters) Analysis by Formulations, 2018 to 2033
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Formulations, 2023 to 2033
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Formulations, 2023 to 2033
Figure 88: Eastern Europe Market Attractiveness by Application, 2023 to 2033
Figure 89: Eastern Europe Market Attractiveness by Formulations, 2023 to 2033
Figure 90: Eastern Europe Market Attractiveness by Country, 2023 to 2033
Figure 91: South Asia and Pacific Market Value (US$ Million) by Application, 2023 to 2033
Figure 92: South Asia and Pacific Market Value (US$ Million) by Formulations, 2023 to 2033
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: South Asia and Pacific Market Volume (Liters) Analysis by Country, 2018 to 2033
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 99: South Asia and Pacific Market Volume (Liters) Analysis by Application, 2018 to 2033
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Formulations, 2018 to 2033
Figure 103: South Asia and Pacific Market Volume (Liters) Analysis by Formulations, 2018 to 2033
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Formulations, 2023 to 2033
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Formulations, 2023 to 2033
Figure 106: South Asia and Pacific Market Attractiveness by Application, 2023 to 2033
Figure 107: South Asia and Pacific Market Attractiveness by Formulations, 2023 to 2033
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033
Figure 109: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 110: East Asia Market Value (US$ Million) by Formulations, 2023 to 2033
Figure 111: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 113: East Asia Market Volume (Liters) Analysis by Country, 2018 to 2033
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 116: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 117: East Asia Market Volume (Liters) Analysis by Application, 2018 to 2033
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 120: East Asia Market Value (US$ Million) Analysis by Formulations, 2018 to 2033
Figure 121: East Asia Market Volume (Liters) Analysis by Formulations, 2018 to 2033
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Formulations, 2023 to 2033
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Formulations, 2023 to 2033
Figure 124: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 125: East Asia Market Attractiveness by Formulations, 2023 to 2033
Figure 126: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 127: Middle East and Africa Market Value (US$ Million) by Application, 2023 to 2033
Figure 128: Middle East and Africa Market Value (US$ Million) by Formulations, 2023 to 2033
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 131: Middle East and Africa Market Volume (Liters) Analysis by Country, 2018 to 2033
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 135: Middle East and Africa Market Volume (Liters) Analysis by Application, 2018 to 2033
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Formulations, 2018 to 2033
Figure 139: Middle East and Africa Market Volume (Liters) Analysis by Formulations, 2018 to 2033
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Formulations, 2023 to 2033
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Formulations, 2023 to 2033
Figure 142: Middle East and Africa Market Attractiveness by Application, 2023 to 2033
Figure 143: Middle East and Africa Market Attractiveness by Formulations, 2023 to 2033
Figure 144: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
The market is likely to grow at a 3.3% CAGR during the forecast period.
Europe leads the coconut-derived surfactants market.
The market is expected to reach USD 2,606.8 million by 2033.
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