Pharmaceutical surfactants Market size was estimated at $42,100 Million in 2019 and is expected to reach $57,292.3 Million by 2027, growing at a CAGR of 4.5% during the forecast period of 2020 to 2027.
Pharmaceutical Surfactants Market
Pharmaceutical surfactants are generally used for recovery of intercellular products and gene delivery. The demand for pharmaceutical surfactants is because of their high surface activities and key role in immunomodulation. They have a special property that plays an important role in maintaining the alveolar structure during normal lung respiration. Because of this unique property, these surfactants are widely being used in the treatment of COVID-19 patients, as SARS-CoV-2 and SARS-CoV attack the lungs and inhibit normal breathing.
Also, another major driving factor is expected to be respiratory issues in neonates due to alveolar surfactants deficiency. Surfactant Replacement Therapy has been widely recognized to combat various respiratory distress syndrome that occurs due to damage of surfactants. This can boost the pharmaceutical surfactant market growth greatly. Other driving factors include the growing market for pharmaceutical and cosmetics and its unique property of emulsification and solubilization for protein formulation and drug delivery. Growing demand for pharmaceutical surfactants in the wake of the COVID-19 pandemic can great huge growth opportunities for its market players. Also, the production of green surfactants can be another bright opportunity as well.
The major restrains that come into play include strict regulatory policies by government agencies. The use of these pharmaceutical surfactants often leads to environmental issues like toxicity, eutrophication. The level of the environmental damage caused by the use of these products hinder market growth. Due to this, government agencies are stringent towards the pharmaceutical surfactant companies and often draft tough regulatory policies.
Pharmaceutical Surfactants Market Growth and Trends
Pharmaceutical surfactants are used for recovery of intracellular products and gene delivery and can also be used as antimicrobial agents. Categorized into different types, such as anionic surfactants, cationic surfactants, non-ionic surfactants, amphoteric surfactants, macromolecule surfactants, and so forth, they are most likely to generate high demand in the market due to their unique properties. There is growing interest in pharmaceutical surfactants stemming from of their high surface activities and role in immunomodulation. Pharmaceutical surfactants being organic chemicals characterized by hydrophilic and hydrophobic ends, thus allowing dissolution of oil molecules in water, are applicable across multiple industries for properties such as emulsion, wettability, dispersion stabilization, detergency, and formation of froth. The fast-growing population in hospitals has surged the consumption of pharmaceutical surfactants for cleaning purposes to maintain better hygiene. Bio-based surfactants are surface-active and are produced either from oil and fats, by producing oleochemicals, or from sugar such as molasses through the process of fermentation, thus making them highly biodegradable and less toxic. They are effective in enhancing the emulsification of hydrocarbons and also solubilize hydrocarbon contaminants. Pharmaceutical surfactants act as dispersants, emulsifiers, solubilizing agents, stabilizers, foaming agents, anti-microbial agents, and anti-adhesive agents, and their demand results from their consumption across a wide range of applications including industrial and institutional cleaning, agricultural chemicals, personal care, oilfield chemicals, and so forth. Moreover, rapid growth in the domain of personal care and usage of pharmaceutical surfactants in neonatal respiratory distress syndrome anticipate numerous growth opportunities in the upcoming years. Pharmaceutical surfactants play a significant physiological role in maintaining the alveolar structure during normal lung respiration. Thus, increasing demand for pharmaceutical surfactants is expected to create market growth.
However, volatility in the price of raw materials and environmental concerns associated with pharmaceutical surfactants is a possible hindrance to growth of the market.
Pharmaceutical Surfactants Market Segmentation
Based on application, the market has been segmented as emulsifier, antibacterial agents, probiotic preparations, oral and transdermal drug delivery, gene delivery, intracellular products, and hydrophobic drugs. Further, antibacterial agent segment has generated a significant revenue in last few years. Pharmaceutical surfactant has been widely used as an antibacterial agent. This application increased the pharmaceutical surfactant market revenue significantly during the pandemic period. In addition, the patients are preferring the surgical procedure of treatment, which in turn propels the gene delivery segment of this market. Further, based on surfactant type, the market has been bifurcated as cationic surfactant, anionic surfactant, amphoteric surfactant, and non-ionic surfactant. However, they are further segmented as specialty surfactant, macromolecule surfactant, Gemini surfactant and natural surfactant which are anticipated to generate a significant market revenue during 2022-2032. However, the availability of natural surfactants is a major issue hampering the market growth.
Pharmaceutical Surfactants Market Regional Analysis
Based on region, the pharmaceutical surfactants market has been segmented as North America, Latin America, Europe, Asia Pacific regions and many more. The presence of this market in other countries is attributed to various marketing elements such as consumer base, manufacturing capacity, governmental support, productivity, and ease of business. North American region is anticipated to register the highest market revenue during the forecast period owing to the development in marketing strategies. Marketing managers in this region are putting immense efforts to make a client driven scenario that will boost the market growth. Further, the middle East Africa and Asia Pacific nations are generating a significant revenue due to the recent developments made in healthcare sector. In addition, the developing countries such as India, China & Japan are contributing dominantly to the market growth. These countries are providing the greatest number of emerging industry players.
Pharmaceutical Surfactants Market Companies
The top leading companies contributing significantly in pharmaceutical surfactants market are Akzo Nobel, Croda International, Soliance, Mitsubishi Chemical, Jeneil Biotech, BASF and Evonik. The pharmaceutical surfactants market has shown a commendable growth in its market share due to the presence of competitive companies across the globe. Many new market players are emerging in this industry due to the high demand for surfactants in last few years. Further, the traces of coronavirus are anticipated to reside in the environment for the upcoming years which in turn is helping the emerging industry players to use marketing strategies for increasing the pharmaceutical surfactants market revenue.
Market Segmentation and Revenue Breakdown:
By Type (Revenue, USD Million, 2022 - 2032):
• Anionic Surfactant
• Amphoteric Surfactant
• Non-ionic Surfactant
• Cationic Surfactant
• Specialty Surfactants
• Macromolecule Surfactants
• Gemini Surfactants
• Natural Surfactants
By Application (Revenue, USD Million, 2022 - 2032):
• Antibacterial Agents
• Probiotic Preparations
• Oral and Transdermal Drug Delivery
• Gene Delivery
• Intracellular Products Recovery
• Solubilizations of Hydrophobic Drugs
By region (Revenue, USD Million, 2022 - 2032):
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World (Latin America, Africa, and the Middle East)
Pharmaceutical Surfactant market Companies:
• Akzo Nobel
• Croda International
• Mitsubishi Chemical
• Jeneil Biotech
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