The global sales of amino acid surfactants increased from 38471 tons in 2013 to 55885 tons in 2017, at a CAGR of 9.8%. In 2017, the global amino acid surfactants market is led by China. Europe is the second-largest region-wise market. The global Amino Acid Surfactants market is valued at USD 157.7 million in 2017 and is expected to reach USD 254.3 million by the end of 2024, growing at a CAGR of 7.06% between 2017 and 2024.
Currently, Ajinomoto, Clariant, Sino Lion, Zschimmer & Schwarz and Changsha Puji are the leaders of amino acid surfactants industry. Ajinomoto is a global leader. In 2017, the sale of Ajinomoto was 9617 MT, and the company holds a sales share of 16.87%. In Europe and the United States, Ajinomoto, Clariant, Sino Lion, Zschimmer & Schwarz and Solvay are the market leader. Ajinomoto, Delta, Sino Lion, Changsha Puji and Galaxy are leaders in the Asia Pacific market.
Amino acid surfactants are mainly used for shower gel, facial cleaner and shampoo. Shower gel is the most important application. In 2017, shower gel application holds 49.62% of the consumption market share. Amino acid surfactants can be used in any application where ordinary surfactants is used but, because amino acid surfactants, is substantially more expensive than ordinary surfactants, its uses are limited to those applications for which the customer is willing to pay a premium for amino acid surfactants because of its advantages. At present, the market size of ordinary surfactants is much larger than that of amino acid surfactants. The amino acid surfactants are the trend of market development.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate. In the globe, emerging economies countries support personal care industry.