Global Triton X-100 Market – Rising Prominence for Biosurfactants To Promote Growth | Technavio
LONDON–(BUSINESS WIRE)–#Research–Technavio’s latest market research report on the global
triton X-100 market provides an analysis of the most
important trends expected to impact the market outlook from 2018-2022. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.
According to Technavio analysts, the global triton X-100 market will
grow at a CAGR of close to 5% during the forecast period.
Enhancing biodegradation of petroleum hydrocarbons is a major factor
driving the market’s growth.
Triton X-100 or octylphenol ethoxylate is widely used as a
surface-active agent in the complete biodegradation of petroleum
hydrocarbons due to its significant characteristics such as excellent
dispersing and emulsifying properties for oil-in-water systems and ready
biodegradability. Moreover, triton
X-100 has been proved to be biodegradable by bacterial strains.
Triton X-100 also shows potential interactions with bacterial surfaces.
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In this report, Technavio highlights the growth of smart cities as one
of the key emerging trends driving the global triton X-100 market:
Rising prominence for biosurfactants
Though triton X-100 is being used in a wide range of applications, there
are certain environmental and human hazards associated with it. Owing to
the increasing concern over the toxic effects of triton X-100 and other
synthetic surfactants, there has been an increase in the use of
biosurfactants for production of emulsifiers, cleaning products,
pharmaceuticals, paints and coatings, and cosmetics. The increase in the
use of biosurfactants is an eco-friendly approach and an alternative to
complex remediation process. Biosurfactants demonstrate low toxicity in
marine, freshwater, and terrestrial ecosystems.
Fatty methyl ester sulfonates (FMES), alcohol ethoxylates, and alcohol
ether sulfates (AES) are biosurfactants and can replace triton
X-100 because they are manufactured using bio-based raw materials such
as coconut oil, palm oil, and other bio sources. They are the most
widely used bio-based surfactants in the formulation of detergents and
personal care products because of the use of inexpensive raw materials
in the production process, low toxicity, high detergency, and calcium
ion stability.
“Manufacturers of synthetic surfactants are shifting their focus on
the use of bio-based surfactants because of the fluctuation in the price
of crude oil. The rising preference for biosurfactants may impact the
triton X-100 market during the forecast period,” says a senior
analyst at Technavio for research on specialty
chemicals.
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Global triton X-100 market segmentation
This market research report segments the global triton X-100 market into
the following applications (emulsifiers, cleaners, pharma and
biomedical, and metalworking fluids) and key regions (the Americas,
APAC, and EMEA).
The emulsifiers segment held the largest market share in 2017,
accounting for nearly 32% of the market. This cleaners segment was the
second largest application segment and it was followed by the pharma and
biomedical and metalworking fluids segments respectively.
APAC was the leading region for the global triton X-100 market in 2017,
accounting for a market share of close to 46%. It was followed by the
Americas and the EMEA region respectively.
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