In recent years, there has been a growing demand for anionic surfactants. Anionic surfactants are produced from renewable resources and are biodegradable. In terms of value, the surfactant market was valued at USD 43.5 billion in 2022 and is expected to reach USD 57.8 billion by 2028, at a CAGR of 4.9%. An important reason for a positive outlook for the surfactant industry is the rising demand for personal care products, increasing demand from different sectors, and increasing demand from end-use industries for cleaning applications. Today in this blog, we will discuss the anionic surfactant global trade market in brief, including some market insights, growth opportunities, major players, trends, HS code, etc.
Color trading is the term used for chemical trading and refers to the export and import of different chemicals, including organic and non-organic chemicals. In the non-organic category, anionic surfactants are the major chemicals that are traded the most.
If you are interested in learning more about color trading, many resources are available on the web. One of the best platforms to analyze the color trading import data is Seair Exim Solutions. Here you can also find the color trading HS Code to help you identify and trade color trading patterns.
The market for surfactants in India is expanding at a rapid pace, driven by factors such as favorable government policies and rising domestic demand in chemical end-use sectors like agriculture, consumer and retail, infrastructure, auto and electronics, and healthcare. The Indian surfactant market is expected to grow at a CAGR of 5.5% from 2023 to 2032, reaching USD 3.5 billion by 2032.
India's primary end-use industries for surfactants are household care, personal care, and industrial cleaning. The industrial cleaning segment is expected to expand at the fastest CAGR during the forecast period.
COVID-19 greatly impacted the surfactant market, and the product witnessed a short decline in demand. But post-pandemic, the demand has grown significantly. Surfactants are chemical compounds that have low surface tension. They are used in the home, personal care, and textile industries. They are also widely used in the food and beverage industry.
The various sectors where the surfactants are used are expected to grow significantly during the forecast. The surfactant markets will likely increase as the demand for textiles or the food and beverage industries rises. Also, surfactants play a significant role as cleaning agents.
Anionic surfactants are the most typical surfactant, accounting for over 50% of the global surfactant market. Anionic surfactants are effective at removing dirt, oil, and grease and are relatively inexpensive to produce. Based on Anionic surfactants trade data, the global surfactants market is expected to grow from USD 39.42 billion in 2020 to USD 57.81 billion by 2028 at a compound annual growth rate (CAGR) of 4.9%
The anionic surfactant import-export trade sector contributes immensely to the overall GDP percentage of India. At Seair Exim Solutions, we provide comprehensive anionic surfactant import data solutions as well as anionic surfactant export data solutions for broad categories of import trading firms and export trading firms.
The major players in the global anionic surfactant market include:
So, these are the major companies that together account for a significant share of the global anionic surfactant market. If you are looking for updated trading companies, you can visit Seair Exim Solutions and discover the India export import data in a single platform
The HS code for anionic surfactant is 340211. Other relevant HS codes are 340211, 34021110, 34021190, 34021900, and 34022020.
These above-mentioned HS codes cover a wide range of anionic surfactants, including sodium lauryl sulfate (SLS), sodium laureth sulfate (SLES), and linear alkyl benzene sulfonate (LAS).
It is crucial to note that the HSN codes for a specific product may vary depending on its exact composition and intended use. For example, anionic surfactants mixed with other ingredients to create a specific product, such as a detergent or shampoo, may have a different HS code.
If you are still determining the HS code for your product, it is always best to consult with a customs expert. At Seair Exim Solutions, you can search the HS codes for your particular product.
In terms of market analysis, the Asia-Pacific region dominates the anionic surfactant market due to an extensive consumer base and the thriving textile industry in countries like China, India, and Bangladesh. North America and Europe also hold substantial market shares owing to the high demand for personal care and household products in these regions. The latest trends in the anionic surfactant market include the growth of bio-based and eco-friendly surfactants.
Overall, the anionic surfactant market is expected to rise substantially due to the increasing demand from different industries and the development of anionic surfactant alternatives. The market is highly competitive, with pivotal players focusing on product innovation and developing their geographical presence to acquire a competitive edge.
Simply, you need to visit Seair Exim Solutions' data-driven dashboard to analyze the surfactant blend import data, India export import data, and much more. We provide accurate, 100% authentic, and authorized Indian import data for Surfactant Blend. It will help you in numerous ways, such as by generating competitive analysis reports on importers, ports, suppliers, and exporters of a blend of surfactants.
We assist you in obtaining comprehensive data on the essential export and import fields, such as HS codes, product descriptions, duty, quantity, and prices. Seair's export-import data sets the door for lucrative partnerships that benefit businesses at both local and global levels.
By focusing on these opportunities and market data, traders that are operating in the anionic surfactant market can capitalize on the global opportunity and grow their businesses. If you are a businessman looking for the import and export data for anionic surfactant, Seair Exim Solutions is here to provide the color trading import data or anionic surfactant import and export data. You can connect at any time with our professionals. Book a free live demo today!
We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:
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