26 April 2012 22:23 [Source: ICIS news]
JERSEY CITY, New Jersey (ICIS)--South American surfactant demand increased by 3.4% in 2011, a director with Brazil-based producer Oxiteno said during a conference that ends on Thursday.
A robust Brazilian economy is providing part of the momentum in South American surfactant demand, with powdered detergents and personal care products forming the biggest end use segments.
Brazil is the largest surfactant market in South America, followed by Argentina, Venezuela and Chile, said Todd Nelmark, business director, NAFTA (North American Free Trade Agreement) for Oxiteno.
Nelmark spoke on Wednesday at the ICIS World Surfactants Conference in Jersey City, New Jersey.
Brazil's surfactant market is benefiting from a growing middle class, stability and rising purchasing power.
The NAFTA region, made up of Canada, the US and Mexico, has about 27% of the world’s surfactant market. Outside the US and Canada, Mexico is the largest surfactant market in the Americas, according to Nelmark.
South America has about 9% of the global surfactant market.
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