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Detergent Chemicals Market: Anticipated Market Growth, Size, Trends, and Major Players for 2025-2029

01-17-2025 01:56 PM CET | Chemicals & Materials

Press release from: The Business research company

Detergent Chemicals Market

Detergent Chemicals Market

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Impressive Market Surge Expected for Detergent Chemicals, with $74.29 billion by 2025 and $110.65 billion by 2029

What Is The Projected Market Size Of The Global Detergent Chemicals Market And Its Growth Rate?
The detergent chemicals market exhibits strong growth trends:
• The market size is estimated to increase from $68.39 billion in 2024 to $74.29 billion in 2025, showcasing a compound annual growth rate (CAGR) of 8.6%.
• This growth can be attributed to factors such as population growth, urbanization, rising hygiene awareness, industrial development, economic expansion, and changes in consumer lifestyles.
• Beyond 2025, the market size is forecasted to grow to $110.65 billion in 2029 at a CAGR of 10.5%.
• Factors such as the impact of the pandemic on hygiene practices, competitive strategies, brand loyalty, consumer education, and awareness all contribute to this rapid growth trend.

What Is Driving The Growth In The Detergent Chemicals Market?
The textile industry's growth is a significant factor in driving the detergent chemicals market. This industry, involved in research, design, production, and distribution of textiles, fabrics, and clothing, boosts the demand for detergent chemicals used for scouring, eliminating sizing materials and oil from fabrics, and washing textiles. Rapid urbanization, increased disposable income, and heightened personal hygiene awareness also fuel this demand. For example, the UK Fashion and Textile Association reported in November 2023 that the UK's fashion and textile industry contributed $81 billion to the UK GDP in 2023, supporting 1.3 million jobs and generating over $30 billion in tax revenues.

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Who Are the Key Players Driving Detergent Chemicals Market Growth?
• BASF SE
• The Dow Chemical Company
• Huntsman International LLC
• Croda International PLC
• Solvay Société Anonyme
• Clariant AG
• Akzo Nobel N.V.
• Nouryon Industrial Chemicals
• Unilever PLC
• Evonik Industries AG
• The Procter & Gamble Company
• Stepan Company
• Novozymes A/S
• International Detergent Chemicals Ltd.
• E. I. du Pont de Nemours and Company
• Galaxy Surfactants Pvt Ltd.
• Godrej Industries Limited
• Kao Corporation
• Lion Corporation
• Sasol Limited
• Vinayak Ingredients Pvt. Ltd.
• Chemithon Enterprises Inc.
• Enaspol Inc.
• Nease Co. LLC
• Pilot Chemical Company
• 3V Sigma USA Inc.
• Ultra Group of Companies
• Zanyu Technology Group Co. Ltd.

What Are The Key Trends In The Detergent Chemicals Market?
The key trends in the detergent chemicals market include:
• Eco-friendly formulations
• Biodegradable ingredients
• Plant-based and natural products
• Concentrated and efficient formulations
• Smart packaging and dispensing

What Are The Segments Of The Global Detergent Chemicals Market?
The segments of the global detergent chemicals market are:
1) By Product: Surfactants, Builders And Fillers, Enzymes, Fragrances, Bleaching Agents
2) By Form: Solid Detergents, Liquid Detergents
3) By Application: Laundry Cleaning Products, Household And Commercial Cleaning Products, Personal Cleaning Products, Dishwashing Products, Fuel Additives, Biological Reagents

Which Region Leads The Detergent Chemicals Market?
North America was the largest region in the detergent chemicals market in 2024. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The Detergent Chemicals Market Global Market Report?

- Market Size Analysis: Analyze the Detergent Chemicals Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Detergent Chemicals Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Detergent Chemicals Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Detergent Chemicals Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, new product launches in the market.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. With 1,500,000 datasets, in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. The Global Market Model (GMM), our premier market intelligence platform, delivers comprehensive and updated forecasts to support informed decision-making.

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