The Middle East and Africa Surfactants Market are foreseen to grow at a rate of 6% CAGR in the envisioned period of 2023-2028
Drivers and Restraints of the Middle East and Africa Surfactants Market
Petro-chemical based products are widely popular in the Middle East region due to their natural reserves of oil, but recently bio-chemicals witnessed an increase in demand in recent times, this is because of their superior properties and environment friendliness. In countries such as Saudi Arabia and UAE, stringent regulations have been placed to use bio-degradable substances which will fuel the demand for bio-based surfactants. The covid-19 pandemic also helped to increase awareness of sanitation activities in the Middle East and the African region. Surfactants have various applications and their demand is growing at a high rate but at the same time, there are some limiting factors that should be considered.
This cost ineffectiveness is considered a principal inhibitor in the regional industry. The high investments in research and development to upgrade the quality of the polymers according to environmental regulations is also a prominent limitation in this business. There is a lack of legislation on the production of bio-based surfactants production and this could be one of the restraining factors for the growth. In addition to this, a lot of middle east countries are plagued by civil wars and are under international surveillance which makes trade deals very difficult to happen.
Anionic Surfactants
Cationic Surfactants
Non-Ionic Surfactants
Amphoteric Surfactants
Silicone Surfactants
Synthetic Surfactants
Bio-Based Surfactants
Personal Care
Lubricants
Textile
Food Processing
Household
In the Middle East and African regions, the household soap segment is expected to dominate the industry. Personal care usage has increased drastically in the Middle East and Africa and is expected to grow further in the forecasted period. The personal care segment is estimated to progress with a notable CAGR in the coming years in the MEA area. Non-ionic products are likely to record slower growth as different replacements have better features, whereas the amphoteric segment is foreseen to progress with the fastest CAGR. With rapid urbanization in African countries, the demand for surfactants has increased rapidly over the past few years. Industrial surfactants are one of the most in-demand segments of the industry.
In August 2020, BASF improved its existing R&D capabilities with the purchase of a polyamide business from Solvay AG, which also expanded its current portfolio.
In 2018, the Saudi-Bio acids company took the project to build the world’s first citric acid plant facility which will have an output production of 80,000 metric tonnes in the first two years.
Velio water technologies announced their contract with Saudi Bio-Acids Company, this partnership will lead to the building of wastewater plants in Jeddah, and this plant will include bio-methane technology.
There are several players that are offering their services in the MEA Surfactants Market, some of the prominent names in the Middle East and Africa are:
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