International. The silicone surfactants market is estimated at $4.19 billion in 2017 and is projected to reach $5.73 billion by 2022, at a CAGR of 6.5% between 2017 and 2022.
The growth of the silicone surfactants market can be attributed to the increasing demand for silicone surfactants from the personal care and coatings industries. Rigorous environmental regulations against the use of conventional surfactants provide a possibility of growth to the silicone surfactants market.
The emulsifier application segment is estimated to lead the silicone surfactants market in 2017, and this trend is expected to continue also during the forecast period. The growth of this segment can be attributed to the increasing use of silicone surfactants in the personal care, construction, and paints and coatings industries. Features such as extendability and softness make silicone surfactants preferable for use as emulsifiers in personal care products, polyurethane foams and coatings, among other applications.
Based on the end-use industry, the personal care segment is estimated to lead the silicone surfactants market in 2017, and this trend is expected to continue in the coming years. The growth of the personal care segment can be attributed to the increasing use of silicone surfactants in skin care, hair care and personal hygiene products. Growing demand for personal care products from emerging economies, such as China and India, is driving the growth of the personal care industry.
