Alkyl Polyglucoside Market Opportunities, Key Growth Factors, Ongoing Trends, Market Players (Croda International, Dow Chemical Company, Huntsman Corporation, Akzonobel, LG Household & Healthcare, Pilot Chemical Company) and Forecast till 2028
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The report finds that in addition to sustainability, demand for alkyl polyglucosides is also driven by their excellent cleaning properties. The receptivity of the sugar surfactants in general, and alkyl polyglucosides in particular, has garnered positive reviews from end-users, and the positive word-of-mouth is also contributing to greater sales. The report predicts that these factors will continue to push sales of alkyl polyglucosides during the assessment period.
According to the report, demand for capryl and decyl is significantly higher than other product types. Capryl and decyl are widely used in homecare and laundry detergents end-use industry on account of their superior performance and biodegradable nature. The report estimates global demand for capryl to reach 160,522 tons in 2018.
Alkyl polyglucosides serve a broad range of primary functions, including but not limited to, cleansing agents, emulsifying agents, foaming agents, and wetting agents. End-user demand for alkyl polyglucosides as emulsifying agents to remain at the forefront during the assessment period.
The key participants in the alkyl polyglucosides are focusing on augmenting production capacity to meet the rising global demand. Alkyl polyglucosides are replacing petroleum based surfactants in many end-use industries, creating gaps in the supply-demand equation. Manufacturers are also focusing on reducing cross-regional volume flows by setting up production facilities at strategic locations. BASF’s proposed sites at Jinshan, China and Cincinnati, USA are aimed at helping the company meet the burgeoning demand for alkyl polyglucosides.
APG Widely Used in Personal Care Industry
Given the significant proliferation of personal care products such as shampoos, the demand and adoption of alkyl polyglucoside is expected to witness a steady growth path during the period of forecast. Alkyl polyglucoside is largely used in shampoo formulations as they provide high foaming and cleansing properties that offer better soil and solid removal and are scalp and skin friendly. Owing to their cost efficient manufacturing and aforementioned benefits, players involved in manufacturing of personal care products are opting for alkyl polyglucosides in their products, which is anticipated to fuel the demand for alkyl polyglucoside during the assessment period.
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Availability of Alternatives to Remain a Key Deterrent
By far, alkyl polyglucoside, as natural or bio-based surfactants, have been largely used in skin care applications, industrial applications, as detergents and other applications. However, manufacturers have introduced alternative materials that can act as natural surfactants offering higher efficiency across various application areas. These alternatives, typically from the glucamide plant family, are widely being used in the cosmetics industry as they offer enhanced mildness, sustainability and are easily compatible to skin. In addition, they also deliver higher foam forming and cleaning efficiency than palm oil based surfactants and are in alignment with the Nordic and EU Ecolabel standards for environment health. Such alternatives are likely to exert negative impact on the adoption of alkyl polyglucoside surfactants, thereby impeding the growth of the alkyl polyglucoside market.
Go Green – the New Trend
With growing trend of green surfactants that are easily biodegradable, the use of bio-based surfactants is revving across industries such as cosmetics, agricultural applications, textile and industrial cleaning applications, to name a few. This has triggered the adoption of alkyl polyglucosides as surfactants in these industries as they display higher dispersing and wetting properties, enhanced foaming ability and detergency, high solubility and stability. The paradigm shift associated with environment and human protection has pushed manufacturers to focus on developing bio-based surfactants such as alkyl polyglucosides for several applications, which is expected to aid the growth of the polyglucoside market during the period of assessment.
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.
Table of Content:
1.1. Summarizing Key Findings
1.2. Wheel of Fortune
1.3. Opportunity Assessment
1.4. Mega Trends
Global Alkyl Polyglucoside Market Introduction
Global Alkyl Polyglucoside Industry Overview
3.1. Global Alkyl Polyglucoside Market Value & Volume Forecast and Analysis
3.2. Surfactants Production By Region
3.3. Consumer Spending Analysis on Surfactants
3.4. Raw Material Sourcing Strategy
3.5. Supply Chain Analysis and Operating Margins
3.6. Market Dynamics
3.7. PESTLE Analysis
3.8. Pricing Analysis
3.9. Competition Matrix
3.10. Impact of Homecare Industry on Alkyl Polyglucosides Market
3.11. Contribution of Middle Tire Companies in the Market
Global Alkyl Polyglucoside Market Historical Analysis 2013-2017 and Forecast 2018-2028
4.1. Revenue (US$ Mn) & Volume (Tons) by Product Type
4.1.6. Y-o-Y growth Comparison by Product Type, 2014-2028
4.1.7. Market Attractiveness by Product Type
4.2. Revenue (US$ Mn) & Volume (Tons) by Applications
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