Sugar-based Surfactants Market Size is Expected to Reach a Value of US$ 9.2 Billion by 2032: Fact.MR Report

The global sugar-based surfactants market is estimated to be worth US$ 5.1 billion and is projected to grow at a compound annual growth rate (CAGR) of 6.1% between 2022 and 2032, according to a recently released report on the subject from market research and competitive intelligence company Fact.MR.

Furthermore, according to Fact.MR, the market valuation for sugar-based surfactants is expected to exceed US$ 9.2 billion by the end of 2032. This growth is related to factors including the rising demand for sugar-based surfactants in personal care and cosmetics goods as well as homecare.

𝐅𝐨𝐫 𝐂𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐒𝐮𝐠𝐚𝐫-𝐁𝐚𝐬𝐞𝐝 𝐒𝐮𝐫𝐟𝐚𝐜𝐭𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.factmr.com/connectus/sample?flag=S&rep_id=7505

Customers are becoming more drawn to organically derived goods than to synthetic surfactants made from oil or petroleum products. organically derived products are made from plant-based substances and grown without the use of fertilizers or pesticides.

Over the past seven years, the Indian company Galaxy Surfactants has increased the volume of goods it produces. In 2019, the combined capacity of companies to produce surfactants was 260 thousand metric tons.
A pioneer in the synthesis of surfactants derived from sugar, BASF SE expanded to a 1,000-ton capacity in 2019. Its yearly production capacity has increased to 3,000 tons as a result.
The market remains competitive due to these measures, and during the mid-term forecast period, it is expected to increase steadily.

𝐖𝐡𝐲 𝐢𝐬 𝐭𝐡𝐞 𝐔.𝐒. 𝐚 𝐋𝐚𝐫𝐠𝐞 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐨𝐟 𝐒𝐮𝐠𝐚𝐫-𝐛𝐚𝐬𝐞𝐝 𝐒𝐮𝐫𝐟𝐚𝐜𝐭𝐚𝐧𝐭𝐬?

Among the primary goods produced by the cosmetics sector are skin care products, hair makeup, fragrances, toiletries, and oral cosmetics. In the cosmetics sector, the United States is regarded as the most valued nation. The US cosmetics market was estimated to be worth over $100 billion in 2021. One of the primary drivers of the US cosmetics market's expansion is the millennial generation.

The market for sugar-based surfactants is expanding due to the rising demand for cosmetics in the United States. These surfactants are essential to the production of many kinds of cosmetics. Unlike conventional surfactants that are derived from petroleum products, natural surfactants are derived from plant-based components.

Over the past five years, there has been an increase in demand for sugar-based surfactants due to growing knowledge that organic products are free of hazardous chemicals.

The US market grew at a 4.8% compound annual growth rate from 2017 to 2021. By 2032, it is expected to grow at a 6.2% CAGR and be valued US$ 1.5 billion.

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐮𝐠𝐚𝐫-𝐁𝐚𝐬𝐞𝐝 𝐒𝐮𝐫𝐟𝐚𝐜𝐭𝐚𝐧𝐭𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐒𝐮𝐫𝐯𝐞𝐲

Sugar-based Surfactants Market by Type :

Alkyl Polyglycosides
Branched Alkyl Polyglycosides
Decyl Glucoside
Sucrose Cocoate
Ethoxylated Alkyl Polyglycosides
Others

Sugar-based Surfactants Market by Source :

Monomeric Sugar-based Surfactants
Dimeric Sugar-based Surfactants
Polymeric Sugar-based Surfactants

Sugar-based Surfactants Market by Application :

Homecare Products
Personal Care & Cosmetics
Industrial & Institutional Cleaners
Agricultural Chemicals
Pharmaceuticals
Oil Fields
Cement, Concrete & Plaster (In Admixture)
Others

Sugar-based Surfactants Market by Region :

North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa

𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲

Manufacturers have been forced to expand their production capacity in order to meet the growing demand for organic products, as well as to expand their global footprint and profitability. This is due to the increasing demand for sugar-based surfactants for use in homecare products, personal care solutions, cosmetics products, and industrial and institutional cleaners.

Over the past five years, there has been an increase in public awareness of organic products created with plant-based ingredients. Since natural surfactants are used in the production of cosmetics, personal care, and homecare products, this will benefit providers of sugar-based surfactants.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐒𝐮𝐠𝐚𝐫-𝐁𝐚𝐬𝐞𝐝 𝐒𝐮𝐫𝐟𝐚𝐜𝐭𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7505

𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐮𝐠𝐚𝐫-𝐁𝐚𝐬𝐞𝐝 𝐒𝐮𝐫𝐟𝐚𝐜𝐭𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Cargill
Lonza
Clairant
Dow Chemicals
LG Household & Health care
BASF SE
SEPPIC
Kao
AkzoNobel NV
Galaxy Surfactants

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐒𝐮𝐠𝐚𝐫-𝐁𝐚𝐬𝐞𝐝 𝐒𝐮𝐫𝐟𝐚𝐜𝐭𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲

According to the filing, home care products will represent an absolute $2 billion opportunity by 2032.
Personal care and cosmetics is expected to account for 22.8% market share by 2032.
Demand for monomeric sugar-based surfactants is expected. market value will grow approximately 1.9 times by 2032.
North America is expected to account for approximately 20% market share by 2032, valued at US$1.83 billion.
The United States is projected to account for approximately 16.4% of the global market for sugar. surfactants market by 2032 and is estimated to be valued at US$ 1.58 billion by 2032.
Europe is expected to offer an absolute opportunity of US$ 1.45 billion by 2032.
China's sugar-based surfactants market is expected to grow at a CAGR. of 7.4% and over 415.8 BPS.
The South Asia and Oceania market is expected to grow by 8%.
Home care products are projected to have a high share of 44% by 2032.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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This release was published on openPR.