- Excellent interfacial activity, foaming performance and
wettability Makes Alkyl Polyglucoside a Preferred Green
Surfactant
- The alkyl polyglucoside market survey identifies key
factors enabling growth across various segments, including types
and processing method. It also profiles leading vendors and
highlights strategies adopted by them to increase sales in the
alkyl polyglucoside Market
NEW YORK, July 26, 2021 /PRNewswire/ -- Fact.MR – A
Market Research and Competitive Intelligence Provider:
The global alkyl polyglucoside market is poised to expand at a CAGR
of approximately 8% during the forecast period between 2021 and
2031. The alkyl polyglucoside business swelled at around 5.9% CAGR
during its historical period from 2016 to 2020.
Despite challenges posed amid COVID-19, the alkyl polyglucoside
market managed exhibiting impressive 7.7% growth in 2021 and
totaled 584 KT by the end of the year. Fact MR Survey also
predicts application in industrial and institutional cleaners to
surge by 0.6% to 91KT in 2021, while demand in admixtures for
plaster, concrete and cement to register 0.1% negative growth to
total 26KT in the same year.
According to the study, the demand is propelled due to its
bio-degradable nature and usage in numerous applications such
industrial, personal care, and cosmetics. It is popularly known to
be adaptable due to its superior surface activity, non-irritating,
and non-toxic properties. Its use as a cleaning and emulsification
agent is expected to drive its adoption application across diverse
industries.
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https://www.factmr.com/connectus/sample?flag=S&rep_id=747
Growing population and urbanization has improved awareness among
consumers, therefore, positively affecting the demand outlook.
Willingness among consumers to spend on advanced solutions for
improved laundry operations and increasing efficacy also will bode
well for the market.
Driven by these factors, the demand for fabric softeners, soaps,
and detergent powders will rise. Alkyl polyglucoside
surfactants are non-ionic surfactants and are the primary raw
materials used in the production of detergents. Growing economic
prosperity and purchasing power is therefore contributing towards
the sales of cosmetics, homecare, personal care, and other consumer
products that utilize alkyl polyglucoside in their raw
materials.
"Consumer goods manufacturers are focusing on highlighting
the health hazards associated with traditional surfactant and are
marketing their products as safer alternatives. Besides spending on
marketing strategies, they are shifting towards eco-friendlier
alternatives to synthetic chemicals. This will aid the overall
scope for expansion of alky polyglucoside market," says
Fact.MR analyst.
Key Takeaways from Alkyl Polyglucoside Market
Survey
- Europe is expected to dominate
global market backed by demand from Germany, which is the largest consumer of
cosmetics and personal care products.
- Home care products are expected to dominate the application
segment driven by rising demand on account of rising per capita
income and urbanization, which also is encouraging sales of
biodegradable products.
- The U.S. is expected to dominate as one of the early adopter of
technologically advanced goods and production processes. Besides
this, stringent regulations governing quality standards for
consumer goods products will present a conducive environment for
the market's growth.
- Latin America is likely to
exhibit surge in demand owing to rising number of manufacturers in
fungicide, insecticide, and pesticide industries.
- India is expected to account
for 20.7% of share in the APEJ market and is set to expand at a
CAGR of 7.5% during the forecast period.
Key Drivers
- The rising awareness about benefits of naturally derived home
care products is expected to bolster alkyl polyglucosides use in
personal care products segment.
- Implementation of stringent regulations by government bodies
across the globe such as ECHA, CEFIC, REACH, and other
organizations to regulate environmental hazards of inorganic
surfactants are create attractive prospects for sales of bio-based
surfactants, bolstering demand for alkyl polyglucoside
surfactants
- COVID-19 pandemic has fuelled the demand for essential products
across the globe. This has helped in bolstering demand for raw
materials such as alkyl polyglucoside.
Key Restrains
- The COVID-19 pandemic has disrupted supply chain and suspended
production across various industries. This has impacted the global
sales of alkyl polyglucoside.
- Manufacturers are innovating alternative materials to offer
natural surfactant with similar properties but higher efficiency
for application across diverse industries. Availability of
eco-friendlier alternative might hamper growth prospects.
To learn more about Alkyl Polyglucoside Market, you can get
in touch with our Analyst
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Competitive Landscape
The key players operating in the global alkyl polyglucoside
market are adopting numerous strategies such as brand development,
portfolio expansion, delivery focus, mergers, acquisitions,
expansion, and investments to gain an edge over their
competitors.
For instance, in December 2019,
Pilot Chemical Company acquired Organo Sintesis S.A. de C.V.
(OSSA). This acquisition will assist the company in expanding its
antimicrobial and surfactant products in Latin America.
BASF in October 2019 had increased
its alkyl polyglucoside production by 1000 tons to cater the rising
demand from Chinese market and other countries in Asia Pacific.
The key players as profiled by Fact.MR are:
- Croda International Plc.
- BASF SE
- Huntsman Corporation
- Dow Chemicals Co.
- SEPPIC S.A.
- LG Household & Health Care Ltd
- Galaxy Surfactants
- Akzo Nobel NV
- Pilot Chemical Company
- Shanghai Fine Chemical Co Ltd
More Valuable Insights on Alkyl Polyglucoside Market
Fact.MR, in its new report, offers an unbiased analysis of the
global alkyl polyglucoside market, analyzing forecast statistics
through 2021 and beyond. The survey reveals growth projections in
Alkyl Polyglucoside market with detailed segmentation:
Product Type
- Coco Alkyl Polyglucosides
- Lauryl Alkyl Polyglucosides
- Decyl Alkyl Polyglucosides
- Capryl Alkyl Polyglucosides
- Others
Application
- Homecare
- Surface Cleaners
- Dishwashing Detergents
- Laundry Detergents
- Other Homecare Products
- Personal Care
- Bath Products
- Cleansers & Wipes
- Oral Care
- Other Personal Care Products
- Industrial & Institutional Cleaners
- Agricultural Chemicals
- Oil Fields
- Admixtures for Cement, Concrete & Plaster
- Others
Primary Function
- Alkyl Polyglucoside Cleansing Agents
- Alkyl Polyglucoside Emulsifying Agents
- Alkyl Polyglucoside Wetting Agents
- Alkyl Polyglucoside Degreasing Agents
- Alkyl Polyglucoside Solubilizing Agents
- Alkyl Polyglucoside Hydrotope
- Alkyl Polyglucoside Foaming Agents
- Others
Regions
- North America
- Europe
- Asia Pacific
- Rest of the World
Key Questions Covered in the Alkyl
Polyglucoside Market Report
- The market survey also highlights projected sales growth for
alkyl polyglucoside market between 2021 and 2031
- The report offers insight into alkyl polyglucoside demand
outlook for 2021-2031
- Alkyl polyglucoside market share analysis of the key companies
within the industry and coverage of strategies such as mergers
& acquisitions, collaborations or partnerships, and others
- Alkyl polyglucoside market analysis identifies key growth
drivers, restraints, and other forces impacting prevailing trends
and evaluation of current market size and forecast and
technological advancements within the industry
Explore Fact.MR's Coverage on the Chemical & Materials
Domain -
Surfactant Cleansers and Adjuvants Market-
Surfactant demand is increasing day by day as the global economy
shows signs of improvement, notably due to Asia's strong economic expansion.
Manufacturers are attempting to develop lower-cost solutions as
well as new inventive goods that perform better. Mildness and
moisturization are crucial aspects in the latest trends in the
surfactant cleansers and adjuvants market. In addition, customers
are increasingly demanding sulfate-free surfactants in personal
care products such as shampoos and body washes.
Bio-based Surfactants Market- The usage of
conventional surfactants in industry raises environmental problems.
As a result, a growing number of producers are switching to
bio-based surfactants. This is one of the main reasons why the
bio-based surfactants market is expected to grow in the future
years. Furthermore, bio-based surfactants have a number of
advantages over conventional surfactants, including superior
performance characteristics at high temperatures and emulsion
stabilization, which are expected to boost demand for natural
surfactants in a variety of industries.
Detergent Polymers Market- Detergent polymers are
expected to acquire substantial traction due to their efficacy in
providing high-performance detergent formulations at a lower cost.
Detergent polymers have become a popular ingredient among detergent
makers due to their strong filth removal characteristics and good
efficacy as an anti-redeposition agent. The usage of detergent
polymers in industrial and institutional cleaning applications has
accelerated due to a number of benefits such as color transfer and
scale encrustation inhibition.
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