Shift toward Environment-friendly Products to Fuel Uptake of Green Surfactants in the Asia-Pacific, Says Frost & Sullivan

Enhanced consumer awareness and greater affordability will reinforce market growth in the region

Feb 27, 2013, 02:42 ET from Frost & Sullivan

SINGAPORE, Feb. 27, 2013 /PRNewswire/ -- The green surfactant market is at a growth stage in the Asia-Pacific (APAC) countries of Australia, New Zealand, Singapore, Malaysia, Indonesia, Thailand and the Philippines. The market offers good growth potential, especially in Southeast Asian countries.

At present, however, demand is subdued mainly due to the price of green surfactants not being competitive with synthetic equivalents. Enhanced consumer awareness and greater affordability will push demand, especially in the personal care product segment. A positive regulatory enforcement will further boost market prospects.

New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Strategic Analysis of APAC Green Surfactants Market, finds that the market earned revenues of $590.9 million in 2011 and estimates this to reach $1,075.8 million in 2018. The research covers fatty alcohol ethoxylate, alkyl polyglucoside, methyl ester sulfonate, fatty alcohol sulfate and fatty alcohol ether sulfate segments.

"Growth in the green surfactants market will derive principally from the substitution of synthetic surfactants in key end-use industries like household and personal care products," noted Frost & Sullivan Chemicals & Materials Research Analyst Sushmita Mahajan. "Heightened environmental concerns and consumer awareness will promote the use of green surfactants, particularly in personal care products, where consumer trends favor milder, natural products.

Limited awareness about green products and a high degree of price sensitivity are the key factors restraining market expansion in Southeast Asia. It is different in Australia and New Zealand where there is greater environmental awareness and consumers are more willing to pay a slight premium for green surfactants. However, even these consumers are likely to switch to products containing less expensive, synthetic alternatives if the price difference is too high.

New production facilities for green surfactants in Southeast Asia, slated to come onstream this year, will increase the availability of green surfactants in the region. This will help in attaining economies of scale, making the price of green surfactants more competitive and encouraging their wider use in homecare and personal care products.

"In Southeast Asian countries, green surfactant manufacturers need to work closely with formulators from large multinational companies to accelerate the move to green surfactants," advised Mahajan. "Strong technical support from green surfactant manufacturers will motivate greater uptake by end-user industries."

If you are interested in more information on this study, please send an e-mail with your contact details to Jessie Loh, Corporate Communications, at jessie.loh@frost.com.

Strategic Analysis of APAC Green Surfactants Market is part of the Chemicals & Materials Growth Partnership Service program, which also includes research in the following markets: Asia-Pacific Biorenewable Materials Market, Active Pharmaceutical Ingredients Market, Southeast Asian Fatty Acids Market, Southeast Asian Construction Adhesives Market, Market for Engineering Plastics, Natural Fatty Alcohol Market, and Asia-Pacific Personal Care Active Ingredients Market. All research included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion
Join Us:           Join our community
Subscribe:       Newsletter on "the next big thing"
Register:         Gain access to visionary innovation

Contact:
Donna Jeremiah
Corporate Communications – Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: djeremiah@frost.com

Jessie Loh
Corporate Communications – Asia Pacific
P: +65 6890 0942
F: +65 6890 0988
E: jessie.loh@frost.com
http://www.frost.com

SOURCE Frost & Sullivan



RELATED LINKS

http://www.frost.com