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Surfactants are compounds that reduce the surface tension either between two liquids or between a liquid and a solid. These may be used as detergents, emulsifiers, foaming agents and dispersants. The major driver for this market is increasing use of surfactants in various industries. These products find application in pharmaceutical, cosmetics, petroleum as well as in agrochemicals. The fluctuating price of raw materials is a major limitation to the growth of this market. The demand for surfactants is increasing in developing countries due to progressive establishment of industries. This increasing demand would enhance growth opportunities in this market.
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