Global Alkyl Polyglucoside Surfactants Market is expected to exhibit a robust 8.1% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global market was valued at USD 880 million in 2017. The report provides a greatly detailed profile of the Global Alkyl Polyglucoside Surfactants Market and gives readers an all-inclusive overview of the market. The past, present, and future of the market are studied in the report, with detailed historical analysis, present statistics, and future projections. Historical statistics revealing the market’s historical growth trajectory are studied in detail in the report. Based on these statistics and a study of the major drivers and restraints affecting the market, future projections can be made for the Alkyl Polyglucoside Surfactants Market. Based on this platform, future projections for the alkyl polyglucoside surfactants market’s growth trajectory over the forecast period are provided in the report. A comprehensive analysis of the leading players in the Alkyl Polyglucoside Surfactants Market is also provided in the report, which profiles the major players operating in the market. The major factors and trends affecting the Global Alkyl Polyglucoside Surfactants Market are assessed in the report. The impact of the COVID-19 pandemic on the Alkyl Polyglucoside Surfactants Market is also assessed in the report.
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The growing demand for biobased surfactants is likely to be the major driver for the Alkyl Polyglucoside Surfactants Market, as Alkyl Polyglucoside Surfactants are biobased surfactants derived from carbohydrates. Growing environmental awareness around the world has resulted in a growing demand for biobased surfactants over the last few years. An increasing number of industrial end users have accepted biobased surfactants for their cleaning needs; governments around the world have also incentivized the use of biobased surfactants over conventional surfactants. This has led to a growing demand for Alkyl Polyglucoside Surfactants. Residential users have also become increasingly aware about the benefits of biobased surfactants over conventional surfactants and thus have started to prefer cleaning products made from biobased surfactants. This is likely to remain a major driver for the Global Alkyl Polyglucoside Surfactants Market over the forecast period.
Leading Players in the Global Alkyl Polyglucoside Surfactants Market include Shanghai Fine Chemicals Co. Ltd., SEPPIC SA, BASF SE, Pilot Chemical Company, LG Household and Healthcare Ltd., Croda International PLC, Galaxy Surfactant, DowDuPont, and Huntsman Corporation. Global Alkyl Polyglucoside Surfactants Market is fairly organized, with the top six companies accounting for a significant chunk of the global market. This is likely to result in considerable merger and acquisition activity in the coming years, as bigger players try to achieve inorganic growth through mergers and acquisitions of smaller players in the market.
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Global Alkyl Polyglucoside Surfactants Market is segmented on the basis of Application and Region.
By Application, Global Alkyl Polyglucoside Surfactants Market is segmented into household detergents, industrial cleaners, personal and beauty care, agrochemicals, and others. Household detergents account for the largest share in the Global Alkyl Polyglucoside Surfactants Market. Growing residential construction around the world and growing awareness among residential consumers about biobased cleaning products is likely to be the major driver for the Alkyl Polyglucoside Surfactants Market over the forecast period.
Asia Pacific holds the largest share in the Global Alkyl Polyglucoside Surfactants Market. Expanding residential construction in the region has led to a growing household detergent industry in the region, leading to a growing demand from the Alkyl Polyglucoside Surfactants Market. Increasing disposable income of household consumers in the region has led to a growing demand for premium household detergents, leading to growing demand from the Alkyl Polyglucoside Surfactants Market in the region. The growing industrial sector in the region is also a major driver for the Alkyl Polyglucoside Surfactants Market in the region due to the growing demand for industrial cleaners.
COVID-19 Study in Detail:
COVID-19 Impact Analysis on Surfactant Market @ https://www.marketresearchfuture.com/report/covid-19-impact-surfactant-market
Impact of COVID-19 on Recycled Polyethylene Terephthalate Market @ https://www.marketresearchfuture.com/report/covid-19-impact-recycled-polyethylene-terephthalate-market
NOTE: Our team of researchers is studying COVID-19 and its impact on various industry verticals and wherever required we will be considering COVID-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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