Wednesday 31 July 2024

Alkyl Polyglucosides Market Strong Application and Emerging Trends also Scope by 2030: Grand View Research Inc.

 Alkyl Polyglucosides Market Growth & Trends

The global alkyl polyglucosides market size is expected to reach USD 1.63 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.3% from 2023 to 2030. The cleaning, wetting, and emulsification properties of alkyl polyglucosides are driving their adoption across key end-use industries such as home care, pharmaceutical, and refining.

The application of APG in homecare products has been on the rise in recent years due to increasing consumer awareness of the environmental and health impacts of traditional cleaning products. Consumers are seeking products that are safer for their families and the environment, and APGs are meeting that demand.

One example of the growing adoption of APG in homecare products is laundry detergents. They are used as a primary surfactant in many eco-friendly laundry detergents due to their excellent cleaning performance and low toxicity. For instance, ECOS Laundry Detergent by Earth Friendly Products is a popular laundry detergent that uses APGs as its primary surfactant.

As consumers become more conscious of the environmental and health impacts of traditional cleaning products, alkyl polyglucosides are becoming a popular choice for homecare manufacturers. APGs offer an effective and sustainable solution for cleaning products, and their popularity is only expected to increase in the coming years. For instance, Croda International PLC announced in 2021 that it will be expanding its production capacity for APGs in Europe. The company is investing in a new production facility in France, which will increase its production capacity and support its growth strategy in the European market.

Request a free sample copy or view report summary: Alkyl Polyglucosides Market Report

Alkyl Polyglucosides Market Report Highlights

  • The home care products segment dominated the market with a revenue share of over 38.3% in 2022 as APGs are used as primary or co-surfactants in many eco-friendly surface cleaners due to their excellent cleaning performance and low toxicity
  • Personal care& cosmetics segment is expected to register the highest CAGR in terms of revenue over the forecast period as it is a versatile surfactant and emulsifier that is widely used in the personal care and cosmetics industry
  • Manufacturers are investing in research and development to improve the performance and sustainability of their APGs, and are also expanding their production facilities to meet the growing demand for eco-friendly homecare products
  • Asia Pacific is the largest market for APGs, accounting for more than 30.8% of the market share due to the increasing demand for eco-friendly homecare products and the growing awareness of the health and environmental impacts of traditional cleaning agents
  • Key players in the APG market include BASF SE, Dow, DuPont, Cargill, Inc., and Croda International PLC. These manufacturers offer a wide range of APGs for various applications, including homecare products
  • Cargill, Inc. announced in 2020 that it is expanding its portfolio of renewable surfactants, including APGs. The company is investing in research and development to improve the performance and sustainability of its APGs and is also exploring new applications for the product, such as in the agricultural and industrial sectors

Access Press Release@ https://www.grandviewresearch.com/press-release/global-alkyl-polyglucosides-market

Alkyl Polyglucosides Market Segmentation

Grand View Research has segmented the global alkyl polyglucosides market based on end-use, and region:

Alkyl Polyglucosides End-use Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)

  • Personal Care & Cosmetics
  • Home Care Products
  • Industrial Cleaners
  • Agricultural Chemicals
  • Other Applications

Alkyl Polyglucosides Regional Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa

List of Key Players in the Alkyl Polyglucosides Market

  • Actylis
  • Airedale Chemical Company Limited
  • APL
  • Clariant
  • Croda International Plc
  • Kao Corporation
  • Dow
  • Shanghai Fine Chemical Co., Ltd.
  • BASF SE
  • SEPPIC

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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