ANIONIC SURFACTANTS MARKET ANALYSIS
Market Dynamics:-
Anionic surfactants find applications in pharmaceuticals, construction, and others. Demand and consumption of anionic surfactant is increasing because of their lower cost, easy availability, and wider application range than other surfactants. Among product type, sodium lauryl sulfate is most commonly used in the paint industry for stabilizing an emulsion. According to World Paint & Coatings Industry Association (WPCIA), the global market for paint and coating industry increased to US$ 164.9 billion in 2018, up by 4.9%, from US$ 157.2 billion in 2017. A significant growth in construction industry and urbanization is expected to boost growth of the paints and coatings market. This would increase the demand for anionic surfactants and in turn drive growth of the global anionic surfactants market.
Market Trends:-
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