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Sales Of Detergent Polymers Market Are Expected To Record A Leading Growth Rate Of 6% Through 2031
Global Detergent Polymers Market AnalysisThe global detergent polymers market is poised to embark on a positive growth trajectory, registering a CAGR of ~5% over the forecast period (2020-2030). With efficacy to offer high performance detergent formulation at reduced cost, detergent polymers are set to gain significant traction. Owing to excellent soil removal properties and high performance as anti-redeposition agent, detergent polymers have emerged as an ingredient of choice among detergent manufacturers.
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A bundle of advantages such as dye transfer and scale encrustation inhibition have also accelerated the use of detergent polymers in industrial and institutional cleaning applications. In addition, impressive reduction in water and energy offered by detergent polymers in automatic washing machines and dishwashers is set to augment the market growth during the forecast period.
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Detergent Polymers Market: Application Insights
Washing powders has dominated the detergent polymers market throughout the historical period and is projected to maintain its supremacy over other applications, accounting for over half of the global consumption by 2030.
However, momentum towards liquid detergents in countries like United States, Germany, France, Japan, and South Korea are set to drive the use of detergent polymers in liquid detergents during the forecast period.
Increasing spending power in developing counties such as China and India are set to fuel the demand for liquid detergents. Further, surging demand for detergent pods is poised to result in additional growth in sales of detergent polymers during the forecast period.
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Detergent Polymers Market: Segmentation
Fact.MR has segmented the detergent polymers market on the basis of source, chemical, function, application, end use, and region.
Source
Synthetic
Natural & Bio-based
Chemical
Polycarboxylates
Carboxymethyl Cellulose
Polyester
Vinylpyrrolidone and PVP
Others
Function
Antiredeposition Agent
Dispersing Agent
Soil Release Agent
Dye Transfer Inhibitor
Application
Washing Powders
Liquid Detergents
Detergent Pods and Tablets
End Use
Laundry Care
Industrial & Institutional Cleaning
Automatic Dishwashing
Region
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
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Detergent Polymers Market: Competitive Insights
The global detergent polymers market is highly consolidated in nature, where leading manufacturers currently accounts for over half of the global consumption. Ashland, BASF SE, Clariant AG, Dow Inc, Solvay SA and Lubrizol Corporation are the key stakeholders. In response to increasing demand and to enhance their position, market goliaths have been involved in numerous organic and inorganic strategies.
To leverage the immense potential offered by new trends and to increase their market penetration, prominent companies has vertically integrated themselves. This will not only reduce their dependency on raw material suppliers but also give them a significant advantage of low cost product.
For More Insights- https://www.einpresswire.com/article/556866054/sun-control-window-films-market-automotive-applications-to-garner-one-third-market-share
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