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Press release content from Business Wire. The AP news staff was not involved in its creation.

Surfactants Market Procurement Intelligence Report | Increase in Supplier OPEX to Impact Procurement Spend

January 7, 2020 GMT

LONDON--(BUSINESS WIRE)--Jan 7, 2020--

SpendEdge has been monitoring the global surfactants market and the market is poised to experience spend growth of more than USD 10 billion between 2019-2024 at a CAGR of over 5% during the forecast period. Request Free Sample Pages.

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Read the 132-page research report with TOC and LOE on “The Global Surfactants Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.”

Improvement in disposable incomes in the emerging countries is favoring consumer spend on personal care and beauty products. The demand is particularly high for sulfate-free personal care products which are contributing to the demand growth in the surfactants market across the globe. However, the environmental impact caused by the production and the usage of surfactants is hindering the prospects of growth in this market.

In the US, the household cleaning segment is estimated to grow and currently, it is emerging as one of the chief end-users in the surfactants market in the region. Meanwhile, in Europe, the increasing demand for organic personal care products and cosmetics is propelling spend momentum in the surfactants market.

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Insights into the market price trends

What are the strategies to adopt to optimize procurement spend in this market?

Adopt the volume-based pricing model

Buyers are advised to adopt the volume-based pricing model while entering into a contract with surfactants suppliers. This model will protect buyers against the dynamic nature of the market prices of raw materials as they can fix the price over the period of the contract. Buyers can negotiate for discounts on the price if the demand is significantly higher than the MOQ.

Pricing terms

Buyers must focus on the flexibility offered by surfactants suppliers in terms of payback terms and openness to strategic and tactical negotiations that benefit both parties.

Buy 1 report and get the second for 50% off. Buy 2 reports and get the third for free. Download the free sample of this report on the surfactants market.

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About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more, https://www.spendedge.com/request-free-proposal

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CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299




SOURCE: SpendEdge

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PUB: 01/07/2020 08:30 AM/DISC: 01/07/2020 08:30 AM