The global alkyl polyglucoside market revenue has been accounted at around US$ 1,118.3 Mn in 2019-end and is projected to exceed to US$ 2,381.1 Mn by the end of 2029. The alkyl polyglucoside surfactant market is predicted to grow at a CAGR of 7.2% and create an incremental opportunity worth US$ 1,112.5 Mn during the forecast period from 2019 to 2029.
Use of Alkyl Polyglucoside as a Non-Ionic Surfactant
This growing want for consumer products, such as homecare, cosmetics and personal care among others is expected to help promote the demand for alkyl polyglucoside surfactants.
Moreover, strict government regulations regarding the manufacturing of products and hygiene maintenance and following safety standards in food, pharmaceutical and several other industries have resulted in manufacturers accentuating on workplace safety and manufacturing processes as even a trivial contamination during product manufacturing may lead to hazardous health issues. The accumulating popularity of organic and natural cosmetics and personal care products is expected to drive the alkyl polyglucosides market. The growing awareness about sustainable products will play a major role in improving growth.
Several multi-nationals are investing in research and development (R&D) of personal care products, which are being derived from natural surfactants like alkyl polyglucoside. This is estimated to reduce the overall demand for potentially harmful chemicals and inorganic substances like aluminum salts, parabens and phthalates. With this, consumers are expecting the end product to be of the highest quality since being derived from natural ingredients. These circumstances together is going to compel manufacturers to engage cost-effective technologies for enhancing production.
Availability of Alternative Products
Alkyl polyglucosides being a natural bio-based surfactant is largely being used as detergents, in industrial, skin care and other applications. Manufacturers have introduced alternative materials that can act as natural surfactants offering higher efficiency across various application areas. These alternatives, typically from the glucamide plant family, are widely being used in the cosmetics industry as they offer enhanced mildness, sustainability and is easily compatible with skin.
In addition, they also deliver higher foam forming and cleaning efficiency than palm oil-based surfactants and are in alignment with the Nordic and EU Ecolabel standards for environment health. Such alternatives are likely to exert a negative influence on the use of alkyl polyglucoside surfactants thereby impeding the growth of the alkyl polyglucoside market. Due to the ever increasing population growth, changing living standards, urbanization and growing per capita income, among other factors, have naturally influenced the demand for home care products, such as fabric conditioners, laundry detergents and soaps, among others. In North America and Europe, mechanized washing machines are widely frequent, which are being used for laundry operations. In 2018, around 80% of laundry undertakings were carried out through automated washing machines in North America and Europe, respectively.
Alkyl Polylucosides Will Chiefly Favor the Homecare & Industrial Sectors
Alkyl Polylucosides as a surfactant was first synthesized over a hundred years ago and have since find itself useful in several industrial application and in households. Alkyl Polyglucosides are being used for personal care, homecare, Industrial & Institutional Cleaners, Agricultural Chemicals, Oil Fields and Admixtures for Cement Concrete & Plaster. The most lucrative sectors for Alkyl Polyglucosdies are homecare sector and industrial sector, where it is used as an institutional cleaner.
The personal care, homecare and the industrial sector together comprise 50% of the total amount of the alkyl polyglucoside market. In the context of industrial applications, Alkyl Polyglucosides are being implemented within fire equipment’s as a foaming agent, in the paper industry to soften the quality of paper and it is also used as a gel, lubricant and wetting agent. In the washing industry, Alkyl polyglucosides is used as an active ingredient with the combination of phosphoric acid, oxalic acid and sodium carbonate to be used as industrial detergents. Due to the humidifying and lubricating characteristics, alkyl polyglucoside is developed into traditional cosmetics and combined with other surfactants to make cosmetics with high viscosity.
In the food industry, alkyl polyglucosides are used as emulsifiers and as an antifoaming agent to alter the flavor of food. Moreover, mixed with glyceride, alkyl polyglucosides is being used in bread baking and to increase the density and porosity of ice-cream. In terms of chemcials containing starch, an element of alkyl polyglucosides is added in order to make the coarse-grained starch diffusion process effortless and to avoid agglomerate or starch gel phenomenon.
Europe & North America to Accumulate the Largest Market Share
Geographically, the alkyl polyglucoside market is fragmented in North America, Europe, Latin America, Asia Pacific and the Middle East. Presently, the alkyl polyglucoside market in Europe and North America is the most prominent where Europe holds the prominent top position and North America being the second. Manufacturers, such as BASF, are looking forward to expanding their production capacity to serve its North American customers through regional supply points while reducing cross regional volume flow and shortening lead times. Through perspectives of other regions, the alkyl polyglucoside market in Asia Pacific is projected to witness relatively high growth over the forecast period.
This can be mainly attributed to the growing demand from end-use industries, such as oil & gas, homecare and personal care and construction chemicals. Robust demand for agrochemicals makes China the largest producer of alkyl polyglucoside in the Asia Pacific region. Moreover, the significant growth of the manufacturing sector in the region is expected to aid the demand for alkyl polyglucosides as a surfactant. The alkyl polyglucoside market in Asia Pacific is expected to represent a remarkable incremental opportunity between 2018 and 2028. With the rising demand for bio-based chemicals in developing countries, such as China and India, is expected to boost the demand for alkyl polyglucoside during the forecast period. Apart from Asia Pacific, the Middle East & African region is expected to showcase high CGAR rate.