Dublin, Sept. 01, 2023 (GLOBE NEWSWIRE) -- The "Alkyl Polyglucoside Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Fatty Alcohol, Sugar, Corn-starch, Vegetable Oil, Others), By Application, By Region and Competition" report has been added to ResearchAndMarkets.com's offering.
The Global Alkyl Polyglucoside Market is poised for impressive growth in the forecast period spanning 2024 to 2028, driven by the increasing demand for sustainable and eco-friendly products. A survey conducted in February 2022 revealed that 69 percent of consumers in India are willing to pay more for products produced sustainably or with an environmentally friendly approach.
Alkyl Polyglucoside (APG), a non-ionic surfactant, has gained popularity as a sustainable alternative to traditional surfactants. Derived from renewable sources like corn, potato, or wheat starch, APG is synthesized by combining fatty alcohol with glucose molecules, resulting in a molecule with both hydrophobic and hydrophilic properties, making it an effective surfactant in various applications. An essential advantage of APG is its biodegradability; it breaks down into simple sugars and fatty alcohols that microorganisms can easily assimilate. This aspect makes APG a sustainable option for products that eventually enter wastewater systems.
Alkyl Polyglucosides are perceived as safer and more eco-friendly than traditional surfactants due to their derivation from natural resources. Beyond personal care products, APG finds application in multiple industrial sectors. It is efficient in removing grease, oil, and dirt from surfaces, making it a popular ingredient in cleaning products for the food service industry. Additionally, APG is used in agriculture to reduce surface tension and enhance the spread of herbicides and pesticides.
Despite its eco-friendly profile, APG faces challenges related to its production cost, stemming from its use of natural resources. However, as demand for sustainable products rises, production methods are likely to become more efficient, thereby reducing costs.
Increasing Consumer Demand Propelling Market Growth
A major driver of the Global Alkyl Polyglucoside Market is the growing consumer demand for sustainable and eco-friendly products. Consumers are increasingly conscious of the environmental implications of their purchases and seek products with smaller environmental footprints, derived from natural resources. APG's production from renewable sources aligns with this demand, making it a greener alternative compared to surfactants based on petrochemicals.
Additionally, the demand for mild and non-irritating personal care and household products has driven the growth of APG. Its low toxicity and mildness on the skin make it a preferred ingredient in a variety of products like shampoos, body washes, and laundry detergents. The surging preference for natural and organic personal care products has further contributed to APG's growth.
Increased Use in the Food Service Industry
APG's presence in the food service industry has driven its market growth. Its effectiveness in removing grease, oil, and dirt from surfaces has made it a key ingredient in cleaning products for commercial kitchens and restaurants. The industry's push for eco-friendly products has increased the use of APG.
Challenges and Trends
The cost of APG production, higher compared to traditional surfactants, is a primary challenge. The availability of raw materials like starches can be limiting, leading to supply chain disruptions. Additionally, a lack of standardization in production and labeling affects consumer perception and product consistency.
Recent trends include APG's expansion beyond industrial use to personal care products, advances in production technology, and its application in sustainable packaging. Regulatory support for green chemistry and partnerships for innovation have also fostered growth.
Market Segmentation and Players
Global Alkyl Polyglucoside Market is segmented based on product, application, region, and competitive landscape. Leading players include Clariant AG, BASF SE, Croda International PLC, FENCHEM, LG Household & Healthcare Ltd, Shanghai Fine Chemical, Spec-Chem Industry Inc., The Dow Chemical Company, and Yangzhou Chenhua New Material Co. Ltd.
Report Scope:
This comprehensive report segments the Global Alkyl Polyglucoside Market based on product, application, region, and competitive landscape, providing insights into its current state and future potential.
For more information about this report visit https://www.researchandmarkets.com/r/h99bvl
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