Global Surfactant Market Worth $36.5 Billion by 2017

Global Surfactant Market Worth $36.5 Billion by 2017 PR Newswire DALLAS, November 26, 2012 DALLAS, November 26, 2012 /PRNewswire/ -- The report "Surfactants Market by Product Types [Anionic, Non-Ionic, Cationic, Amphoteric], Substrates [Synthetic/Petrochemical, Bio-Based/ Natural/Green], Geography & Applications - Global Industry Trends and Forecasts to 2017" defines and segments the surfactant market with analysis and forecasting of the global volume and revenue. The global surfactant consumption revenue is expected to grow from $27,040 million in 2012 to $36,518 million by 2017, growing at an estimated CAGR of 6.19% from 2012 to 2017. In this, synthetic surfactants are expected to occupy the major share when compared to bio-based surfactants during the next five years. However, consumption of bio-based surfactants is predicted to show a significant growth by 2017. As of 2012, the European region is estimated to be the largest consumer of surfactants and would remain top consumer by 2017. North America would be the second largest surfactant consumer in 2012, whereas Asia-Pacific is expected to be the third largest surfactant consumer in the same year. The trend is predicted to change by 2017, where the Asia-Pacific region would be the second largest consumer of surfactants, which would be pursued by North America as the third largest surfactant consuming region.