Global Alkyl Polyglycoside (APG) Market Report 2020-2025 - Major Players are BASF, Clariant, Croda International, FENCHEM, and Dow Amongst Others - ResearchAndMarkets.com

Error message

Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).

The market for alkyl polyglycoside is expected to grow at a CAGR of over 7% globally during the forecast period.

Metadata

Provider:

Business Wire, Inc.

Retrieved on:

Monday, July 27, 2020

Information

Tags:

Chemicals, Plastics, Manufacturing, Alkyl polyglycoside, Glycosides

⚠generated by AI ↴

Summary

Key Points:

The market for alkyl polyglycoside is expected to grow at a CAGR of over 7% globally during the forecast period.
The home care products application is expected to dominate the global alkyl polyglycoside market over the forecast period.
The global alkyl polyglycoside (APG) market is partially consolidated in nature with a few major players dominating a significant portion of the market.
Due to the aforementioned factors, the demand for alkyl polyglycoside is expected to increase in the region during the forecast period.

The "Alkyl Polyglycoside (APG) Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The market for alkyl polyglycoside is expected to grow at a CAGR of over 7% globally during the forecast period.

The major factors driving the market are surge in demand for home care & personal care products and growing awareness towards health hazards caused due to usage of conventional & inorganic surfactants.

The home care products application is expected to dominate the global alkyl polyglycoside market over the forecast period.

The European region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as Germany, the United Kingdom, and France.

The global alkyl polyglycoside (APG) market is partially consolidated in nature with a few major players dominating a significant portion of the market. Some of the major companies are BASF, Clariant, Croda International, FENCHEM, and Dow among others.

Key Market Trends

Home Care Products Application to Dominate the Market

Alkyl polyglucoside surfactants are widely known for their high biodegradability, ecofriendly nature and ability to be easily hydrolyzed. Such favorable properties contribute to the growing demand for alkyl polyglucoside in several home care products applications.
Population growth, urbanization, changing living standards, and rising per capita income, among other factors, have been significantly affecting the demand for home care products such as laundry detergents, soaps, and fabric conditioners, among others.
In developed regions like, Europe and North America, automated washing machines are widely prevalent used for laundry operations. Household detergents hold a major share in alkyl polyglycoside demand.
Moreover, people are becoming more conscious about increasing the efficacy and efficiency of laundry operations, which in turn has been surging the demand for home care products. As non-ionic surfactants, i.e. alkyl polyglucoside surfactants, are the primary raw materials used in the production of detergents, the growing demand for laundry detergents around the globe is expected to boost the market growth.
An unprecedented surge in demand for hand sanitizers and surfactants in the wake of the COVID-19 pandemic has in turn created a surge for essential commodities globally.
Moreover, stringent government regulations regarding the manufacturing of products and maintenance of hygiene and safety standards in food, pharmaceutical and biotechnology industries have resulted in players emphasizing on manufacturing processes as well as workplace safety. Even a minor contamination during product manufacturing may lead to hazardous health issues.
Hence, owing to the above mentioned factors, the demand for alkyl polyglucoside from home care products application is expected to considerably increase over the forecast period.

Europe to Dominate the World Market

Growth of personal care and cosmetic industry particularly in major European countries coupled with consumer preferences towards using natural home care products is driving the consumption of alkyl polyglycoside in Europe.
Germany represents the largest personal care and cosmetic market in Europe, followed by France and the United Kingdom. Drug stores are observed to be the largest distribution channel in the beauty and personal care industry in Germany, owing to their convenient location and a wide selection of mass-market beauty brands. In addition, the significant growth of the manufacturing sector in the region is expected to aid the demand for the product.
Growing awareness among consumers towards the importance of naturally derived products in the home care products applications is likely to boost the market size. Several players are observed to put in continuous efforts in manufacturing products derived renewable sources by decreasing the use of potentially harmful chemicals such as parabens, phthalates and aluminum salts.
The industry has been regulated by stringent regulations by regional authorities such as REACH, CEFIC and ECHA regarding environment hazards of inorganic surfactants. The robust adoption of this bio-based surfactant considering the product's relatively low toxicity, which further complies with regulations of the regional enforcement authorities.
Due to the aforementioned factors, the demand for alkyl polyglycoside is expected to increase in the region during the forecast period.

Key Topics Covered

1 INTRODUCTION

1.1 Study Assumptions

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Surge in Demand for Home Care and Personal Care Products

4.1.2 Growing Awareness Towards Health Hazards Caused Due to Usage of Conventional & Inorganic Surfactants

4.2 Restraints

4.3 Industry Value Chain Analysis

4.4 Porters Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Product

5.1.1 Fatty Alcohols

5.1.2 Sugars

5.1.3 Cornstarch

5.1.4 Vegetable Oil

5.1.5 Others

5.2 Application

5.2.1 Personal Care & Cosmetics

5.2.2 Home Care Products

5.2.3 Industrial Cleaners

5.2.4 Agricultural Chemicals

5.2.5 Others

5.3 Geography

5.3.1 Asia-Pacific

5.3.2 North America

5.3.3 Europe

5.3.4 South America

5.3.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Share (%)/Ranking Analysis

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

6.4.1 BASF SE

6.4.2 Clariant

6.4.3 Croda International PLC

6.4.4 FENCHEM

6.4.5 LG Household & Healthcare Ltd.

6.4.6 Shanghai Fine Chemical

6.4.7 Spec-Chem Industry Inc.

6.4.8 Dow

6.4.9 Yangzhou Chenhua New Material Co. Ltd.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/459d81

View source version on businesswire.com: https://www.businesswire.com/news/home/20200727005317/en/