The market for alkyl polyglucosides (APG) is projected to be worth US$ 1.3 billion in 2022 and to grow rapidly at a CAGR of 8% to US$ 2.9 billion by the end of 2032.
Surfactants used in personal and household care goods must have a low potential for causing irritation to the skin because skin contact with them and associated items is inevitable. Alkyl polyglucoside is less irritating than other surfactants and is non-toxic to people. At the end of 2021, sales of alkyl polyglucoside represented around 23% of the market for sugar-based surfactants worldwide.
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Key Takeaways from Market Study
- The global alkyl polyglucoside market is anticipated to add 2X value by 2031 as compared to 2021.
- Home care applications capture a governing share of the market, and are set to create around US$ 1,157 Mn opportunity by 2031.
- Coco is the fastest-growing product type segment, owing to rapid growth of production across Canada and the United States.
- APEJ is set to dominate market revenue in 2021, and is expected to gain 879 BPS in its market share by 2031.
- Emulsifying agents, as a primary function, are anticipated to lose around 338 BPS over the next ten years.
- China, France, and the United States of America are key countries dominating the demand for alkyl polyglucoside.
“Surface cleaners are anticipated to lead the demand for alkyl polyglucoside. Partnering with these manufacturers will ensure future benefits for market players,” says a Fact.MR analyst.
Competitive Analysis of Manufacturers and Their Key strategies
Manufacturers are adopting various strategies to gain profits in both developed and developing markets. Companies are delivering sustainable eco-friendly solutions to reduce their carbon footprints. They are also investing in enhancing supplier and distributor networks to cover a wide catchment area.
With capacity expansion, a product launch is a prominent approach towards sales enhancement. In addition, companies are exploring digital platforms for improving their brand recognition and reaching more potential customers.
Market Participants
- 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.
The Industry Research
· By Product Type :
- Coco Alkyl
- Lauryl Alkyl
- Decyl Alkyl
- Capryl Alkyl
- Others
· By Primary Function :
- Cleansing Agents
- Emulsifying Agents
- Wetting Agents
- Degreasing Agents
- Solubilizing Agents
- Hydrotope
- Foaming Agents
- Others
· By 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
· By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Report Benefits & Key Questions Answered
- Alkyl Polyglucoside Company & brand share analysis: The report offers brand-share analysis on Alkyl Polyglucoside market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
- Alkyl Polyglucoside Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
- Alkyl Polyglucoside Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
- Alkyl Polyglucoside Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
- Alkyl Polyglucoside Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
- Post COVID consumer spending on Alkyl Polyglucoside: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Alkyl Polyglucoside sales.
More Valuable Insights on Alkyl Polyglucoside Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Alkyl Polyglucoside, Sales and Demand of Alkyl Polyglucoside, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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