Report Provides Detailed Analysis of Alkyl Polyglucoside Market Size, Trends and Cost with Global Forecast by 2028
July 24, 2019 by Steve Blade
Fact.MR has updated its widely cited report on alkyl polyglucoside market. The revised report now offers a forecast till 2029, as compared to the previous assessment period of 2018-2028. The updated version of the report includes incisive assessment on new developments and trends that can have a far-reaching impact on the market.
The study finds that the alkyl polyglucoside sales closed in on 490 thousand tons in 2018, and are estimated to record a Y-o-Y growth at nearly 7.5% in 2019. The alkyl polyglucoside industry remains driven by growing trend of green surfactants, and robust adoption in the personal care and home care industries. This relatively new generation of environment-friendly, biodegradable, commercially available green surfactants – alkyl polyglucoside – has become an imperative component of cosmetic preparations and detergent formulations.
Growing demand from homecare and laundry detergents industry will drive the alkyl polyglucosides market to over 973,000 tons in global sales by 2028, finds a new study. The broader trend towards greener substitutes continues to boost the use of alkyl polyglucosides as the preferred industrial surfactants.
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Bio surfactants of vegetable origin, when used as co-surfactants, are typically incompatible with polymer additives and other synthetic surfactants. As compared to sugar surfactants, bio surfactants face limitations associated with shelf life, stability, foam quality, and appearance. In addition, sugar surfactants are ecofriendly and non-toxic, fuelled their use and production, which consequently has provided a wide scope for growth of alkyl polyglucosides market.
In addition, sustainability being the core focus, demand for sustainable solutions amongst consumers has risen, and has been recognized due to regulatory initiatives such as RSPO (Roundtable on Sustainable Palm Oil) and DfE and new GHS (Globally Harmonized System) standards. This trend is expected to further the adoption of alkyl polyglucoside across various end use applications, them being nonionic plant-derived biodegradable surfactants.
Alkyl Polyglucoside Market – Competitive Landscape
The report finds that overall surfactants market remains highly fragmented, on account of product maturity and presence of a large number of players. The foray of niche suppliers who have launched specialized products in the market has further led to fragmentation in the market. While AkzoNobel, BASF, Clariant, Huntsman, and Stepan are among the leading players in the European market, BASF, Stepan, and Huntsman have a strong presence in the US.
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