Analysis of Alkyl Polyglucosides (APG) Biosurfactants Market applications and companies active in the industry

The latest Alkyl Polyglucosides (APG) Biosurfactants market analysis and research report talks about major applications of Alkyl Polyglucosides (APG) Biosurfactants, growth of these segments as well as offers insights into companies active in this industry and their information. Revenue valued at close to USD 480 million in 2015 and is likely to be worth more than USD 750 million by 2023 with estimated gains at over 5.5%.

Consumers in key regions such as North America and Europe are getting aware towards environmental hazards caused from petroleum derived products and are depending upon the products derived from renewable resources.

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Abundant availability in the form of renewable raw materials such as fatty alcohol and corn starch is likely to favor growth. Alkyl polyglucosides market price trend should stable in the near future with an increase raw material availability, scale of economy and industry penetration.

Household detergents were the largest application and are expected to grow at steady rates. Properties such as superior foaming and low toxicity make them preferable over synthetically derived detergents. Natural surfactants also show excellent emulsifying and wetting properties with respect to synthetic counterparts. Growing acceptance and regulatory support for biosurfactants market is expected to play a key role for alkyl polyglucosides price development and industry penetration.

MNCs are observed to put in continuous efforts in manufacturing personal care products derived renewable sources by decreasing the use of potential harmful chemicals such as parabens, phthalates and aluminum salts. Personal care applications are likely to witness significant gains over the forecast period owing to the aforementioned factors.

Consumers in these regions are cost conscious as conventional surfactants are available at competitive rates. High feedstock cost is also another factor affecting industry profitability. The prices of raw material are expected to stabilize once there is an increase in APG surfactants demand.

These factors are expected to compel manufacturers for product innovation by developing cost effective technology and increase their existing production capacity to cater to end-use industries. This factor is likely to create new avenues for industry participants to increase their regional presence and increase profit margins.

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North America is likely to witness significant gains over the forecast period as the countries such as the U.S. and Canada is observed to replace synthetic surfactants with renewable products. For instance, there is an increase in demand to replace linear alkyl benzene (LAB) with alkyl polyglucosides for detergent applications.

The global APG biosurfactants market share is moderately consolidated with companies competing on the quality and price. Key companies include DuPont, Shanghai Fine Chemical and Henkel. Other prominent companies include LG Household & Health Care, BASF, Clariant, Dow Chemical Company, CRODA, SPEC Chem, Jiangsu Shisheng, Yangzhou Chenhua and Fenchem.

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Biosurfactants Market Size By Product (Sophorolipids, Rhamnolipids, Alkyl Polyglucosides [APG], Methyl Ethyl Sulfonates [MES], Sucrose Esters, Sorbitan Esters), By Application (Household Detergents, Personal Care, Industrial Cleaners, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textiles), Industry Analysis Report, Regional Outlook (U.S., Germany, UK, France, Italy, China, India, Japan, Brazil), Application Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2023

https://www.gminsights.com/industry-analysis/biosurfactants-market-report

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