Alkyl Polyglucosides Market To Reach USD 1.9 Billion By 2032 | Increased Focus On Product Safety And Efficacy Drives Market Growth, Research By SNS Insider
| Report Attributes | Details |
| Market Size in 2023 | US$ 1.06 Billion |
| Market Size by 2032 | US$ 1.86 Billion |
| CAGR | CAGR of 6.47% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Key Drivers | . Increasing adoption of eco-friendly and biodegradable surfactants . Stringent regulations imposed by governments and environmental agencies to reduce the use of harmful chemicals . Growing awareness about the harmful effects of synthetic chemicals on human health |
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Which Raw Material Segment of the Alkyl Polyglucosides Market Dominated in 2023?
In 2023, the glucose segment dominated the alkyl polyglucosides market and held approximately 45% of the market share. It remains one of the most widely used and preferred chemical feedstocks in a broad range of applications. The main reason is that glucose is a sustainable renewable resource that is mainly derived from corn, potatoes, and other crops. As modern users become more and more inclined toward using ecological and natural ingredients in personal care and household production, glucose-based APGs become quite dominant. Moreover, they are exceptionally biodegradable and safe from regulatory viewpoints. Finally, they are extremely versatile, and glucose-based APGs are widely used in cosmetics and personal care as they are considered some of the mildest and most effective supplements and in household chemicals as excellent surfactants.
Which Application Segment is the Fastest Growing in the Alkyl Polyglucosides Market in 2023?
The Personal Care segment accounted for the fastest-growing share, capturing approximately 30% of the market in 2023. Alkyl Polyglucosides are essential ingredients in various personal care formulations, including shampoos, body washes, and facial cleansers, driven by the growing consumer demand for gentle and natural cleansing agents that are safe for both skin and the environment.
Key Segments:
By Raw Material
- Glucose Fatty Alcohol Others
By Product Type
- Coco Alkyl Decyl Alkyl Capryl Alkyl Lauryl Alkyl Others
By Application
- Personal Care & Cosmetics Industrial Cleaners Home Care Products Textiles Agrochemicals Oil & Gas Water Treatment Others
Which Region is Estimated to Dominate the Alkyl Polyglucosides Market?
The Asia-Pacific region held the largest market share at around 48% in 2023. The region's dominance is attributed to the rapidly expanding personal care and household cleaning industries in countries like China, India, and Japan. Rising consumer awareness regarding eco-friendly products and increasing disposable incomes have spurred the demand for sustainable ingredients, such as Alkyl Polyglucosides, in personal care formulations.
In addition, the growth of the agricultural sector in Asia-Pacific presents significant opportunities for APGs in agrochemical applications, further solidifying the region's position in the global market.
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Recent Developments
- In 2023, BASF launched a new line of Alkyl Polyglucosides specifically formulated for use in personal care products. These APGs are designed to enhance foaming properties while maintaining mildness on the skin, catering to the growing demand for sustainable surfactants in cosmetics. In 2023, Croda International announced the expansion of its production capacity for Alkyl Polyglucosides, aiming to meet the rising demand for eco-friendly ingredients in household and personal care products. This expansion aligns with the company's commitment to sustainability and innovation in product development.
The Alkyl Polyglucosides Market is set for substantial growth, driven by the increasing demand for eco-friendly and effective surfactants in personal care and household products. With ongoing innovations and the expansion of applications across various sectors, stakeholders in the market are well-positioned to capitalize on emerging opportunities.
Table of Contents – Major Key Points
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter's Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization, by Country, by Type, 2023
5.2 Feedstock Prices, by Country, by Type, 2023
5.3 Regulatory Impact, by Country, by Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, by Type, 2023
6. Competitive Landscape
7. Alkyl Polyglucosides Market Segmentation, by Raw Material
8. Alkyl Polyglucosides Market Segmentation, by Product Type
9. Alkyl Polyglucosides Market Segmentation, by Application
10. Regional Analysis
11 . Company Profiles
12. Use Cases and Best Practices
13. Conclusion
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