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Alkyl Polyglucosides Market Size

Report ID: GMI9214
Published Date: Apr 2024
Report Format: PDF

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Alkyl Polyglucosides Market Size

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.

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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.

Alkyl Polyglucosides Market Report Attributes
Report Attribute	Details
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:	Biodegradability and Low Toxicity Regulatory Support Increasing consumer awareness and regulatory pressure regarding environmental sustainability
Pitfalls & Challenges:	Higher Production Costs Limited Product Differentiation

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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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global alkyl polyglycolides market was valued at USD 767.8 million in 2023 and will grow at over 5.4% CAGR between 2024 and 2032, owing to their eco-friendly nature, biodegradability, and low toxicity.

Alkyl polyglycolides industry from the personal care and cosmetics application segment will grow at a 4.6% CAGR from 2024 to 2032 driven by their mildness and biodegradability.

North America alkyl polyglucosides market generated a revenue of USD 224.9 million in 2023 and will expand rapidly till 2032, owing to a mature industrial landscape with well-established consumer goods.

BASF SE, Clariant AG, Croda International Plc, Dow Chemical Company, Galaxy Surfactants Ltd., Huntsman Corporation, Kao Corporation, and Stepan Company, among others.