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Alkyl Polyglucosides Market was valued at around USD 767.8 million in 2023 and is anticipated to register a CAGR of over 5.4% between 2024 and 2032.
The industry has experienced significant growth in recent years, driven by several key factors. APGs are non-ionic surfactants derived from renewable resources such as vegetable oils and starch. Their eco-friendly nature, biodegradability, and low toxicity have positioned them as preferred alternatives to conventional surfactants derived from petrochemicals. This market growth can be attributed to increasing consumer awareness and regulatory pressure regarding environmental sustainability and safety in various industries, including personal care, household cleaning, and industrial applications.
Moreover, technological advancements in APG production processes have improved their performance characteristics, enhancing their applicability across diverse end-user segments. Thus, the industry growth is expected to attain a market value of over USD 1.18 billion by 2032.
Report Attribute | Details |
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Base Year: | 2023 |
Alkyl Polyglucosides Market Size in 2023: | USD 767.8 million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.4% |
2032 Value Projection: | USD 1.18 billion |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 250 |
Segments covered: | Product, Primary function, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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Additionally, the rising demand for green and natural ingredients in consumer products has further propelled the adoption of APGs. However, challenges such as higher production costs compared to conventional surfactants and limited product differentiation within the APG market pose constraints to its growth. Despite these challenges, the APG market is expected to continue expanding as companies strive to meet evolving consumer preferences for sustainable and environmentally friendly products, thereby driving innovation and market competitiveness.
The alkyl polyglucosides industry is witnessing several key trends that are shaping its trajectory. One notable trend is the increasing preference for natural antioxidants derived from plant sources, such as tocopherols, rosemary extract, and green tea extract. This trend is driven by consumer demand for clean-label and sustainable products, prompting feed manufacturers to seek natural alternatives to synthetic antioxidants.
Additionally, there is a growing emphasis on research and development efforts to innovate antioxidant formulations that offer enhanced efficacy and safety profiles while meeting regulatory standards. Another trend is the expansion of the market in developing regions, driven by the rising demand for high-quality animal feed to support the growing livestock industry. Moreover, technological advancements are enabling the development of antioxidant solutions that address specific challenges faced by feed manufacturers, such as oxidation of feed ingredients during processing and storage. Overall, these trends underscore the dynamic nature of the market, with a focus on natural solutions, innovation, and expansion into new geographic regions to meet the evolving needs of the livestock industry.
Based on product fatty alcohol derived APGs likely hold a significant portion of the market value of USD 342.8 million in 2023 owing to their wide applicability and established usage in personal care and household cleaning products. Sugar-based APGs might also command a considerable share due to their eco-friendly and biodegradable nature, appealing to environmentally conscious consumers. Cornstarch-derived APGs might have a moderate share, primarily driven by their utilization in industrial applications such as detergents and agricultural chemicals.
Vegetable oil derived APGs could see a growing market share fueled by increasing demand for natural and sustainable ingredients in cosmetics and pharmaceuticals. The "Others" category may encompass niche or emerging sources of APGs, contributing a smaller but potentially innovative portion to the overall market share. Overall, market dynamics are likely influenced by factors such as product performance, cost-effectiveness, regulatory landscape, and shifting consumer preferences towards sustainability and natural ingredients.
Based on primary function, cleansing agents likely hold 37.9% market share in 2023 driven by their widespread use in personal care, household, and industrial cleaning products due to their effectiveness and mildness. Emulsifying agents may also command a significant share, owing to their crucial role in stabilizing formulations in industries such as cosmetics, pharmaceuticals, and food. Wetting agents and degreasing agents might hold moderate shares, catering to sectors like agriculture, automotive, and manufacturing where surface tension modification and grease removal are essential.
Solubilizing agents and hydrotopes may see a growing market share as demand rises for formulations with improved solubility and dispersion characteristics, particularly in agrochemicals and industrial applications. The foaming agents segment may have a notable share, especially in personal care and cleaning products where foam generation is desired. The "Others" category may encompass specialized functions such as thickening, dispersing, or gelling, contributing niche but innovative solutions to specific industry needs. Overall, market dynamics are influenced by factors like product performance, regulatory requirements, technological advancements, and evolving consumer preferences towards environmentally friendly and sustainable solutions.
Based on application, In the personal care and cosmetics segment, APGs likely hold a substantial market share, in 2023 and is projected to grow at a CAGR of 4.6% till 2032 driven by their mildness, biodegradability, and compatibility with sensitive skin, thus making them favored ingredients in products such as shampoos, shower gels, and facial cleansers. Home care products likely represent another significant share, benefiting from APGs' effectiveness in household cleaners and detergents while meeting consumer demand for eco-friendly alternatives. Industrial cleaners segment may also command a notable share, owing to APGs' efficacy in heavy-duty applications while aligning with regulatory requirements for safer formulations.
In agricultural chemicals, APGs might have a growing presence, offering environmentally friendly options for adjuvants and pesticide formulations. The "Others" category may include niche applications such as textiles, food processing, and pharmaceuticals, contributing to the overall market diversity. Market dynamics are shaped by factors like performance, regulatory compliance, sustainability concerns, and evolving consumer preferences for safer and greener alternatives across these varied applications.
North America dominated the global alkyl polyglucosides market in 2023. It generated a revenue of USD 224.9 million in 2023. The U.S. market benefits from a mature industrial landscape with well-established consumer goods and manufacturing sectors, where APGs find extensive application in personal care, home care, and industrial segments. Additionally, stringent regulations regarding environmental sustainability and consumer safety drive the demand for eco-friendly and biodegradable alternatives, further propelling the adoption of APGs. The presence of major multinational corporations and robust research and development infrastructure also contributes to the region's dominance in the APG market. Moreover, the growing consumer awareness regarding the harmful effects of conventional chemicals in daily products fosters the demand for natural and green ingredients, boosting the market share of APGs in the region.
The competitive landscape of the market exhibits a mix of both fragmentation and concentration, characterized by the presence of several key players vying for market share. BASF SE, Dow Chemical Company, and Clariant AG stand out as major global players, leveraging their extensive research and development capabilities, diversified product portfolios, and strong distribution networks to maintain significant market positions. Croda International Plc and Huntsman Corporation also hold notable shares, capitalizing on their expertise in specialty chemicals and innovative formulations.
Meanwhile, Kao Corporation, Galaxy Surfactants Ltd., Stepan Company, and SEPPIC compete closely, focusing on specific regional markets or niche applications. LG Household & Health Care Ltd., CRODA Europe Ltd., Pilot Chemical Corp., Shanghai Fine Chemical Co., Ltd., and AkzoNobel N.V. contribute to the market's fragmentation, offering specialized products and services tailored to distinct customer segments or geographic regions. Within this competitive landscape, Galaxy Surfactants Limited emerges as a prominent player, with its wide range of APG-based solutions catering to diverse industries worldwide. Overall, while certain companies dominate the market with their global reach and comprehensive offerings, the APG market remains diverse, with opportunities for both established players and emerging contenders to capture market share through innovation and strategic partnerships.
Major players operating in the market include:
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