03.17.17
According to industry market firm, The Freedonia Group, demand for surfactants in the U.S. is expected to rise 3.2 percent per year to 10.9 billion pounds in 2018, valued at $14.4 billion. Growth will be supported by rising construction expenditures and oil and gas production, as well as by rebounds in consumer spending on personal care products. A shift toward higher value specialty surfactants for performance advantages will also promote growth in dollar terms.
Industrial markets are expected to post the most significant gains in surfactant demand in both volume and value terms through 2018. Demand for surfactants used as cement and asphalt additives, particularly lignosulfonates and other anionics, will benefit from a rebound in nonresidential building construction. Favorable growth opportunities for specialty surfactants in paint and coatings and plastics will benefit from a combination of expanding residential construction and increased manufacturing activity. Despite a decline in oil prices in late 2014 and early 2015, demand for surfactants used in oil and natural gas production is expected to rise at an above average pace, th
Industrial markets are expected to post the most significant gains in surfactant demand in both volume and value terms through 2018. Demand for surfactants used as cement and asphalt additives, particularly lignosulfonates and other anionics, will benefit from a rebound in nonresidential building construction. Favorable growth opportunities for specialty surfactants in paint and coatings and plastics will benefit from a combination of expanding residential construction and increased manufacturing activity. Despite a decline in oil prices in late 2014 and early 2015, demand for surfactants used in oil and natural gas production is expected to rise at an above average pace, th
Continue reading this story and get 24/7 access to Coatings World for FREE
FREE SUBSCRIPTION
