According to a new report, published by KBV research, The Global Alkyl Polyglucosides Market size is expected to reach $1.4 billion by 2031, rising at a market growth of 5.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 598.82 Kilo Tonnes experiencing a growth of 10.5% (2020-2023).
In recent years, the alkyl polyglucosides market has grown significantly and garnered considerable attention across various industries. Alkyl polyglucosides, or APGs for short, are a class of non-ionic surfactants derived from glucose (sugar) and fatty alcohols from renewable natural sources like coconut or palm kernel oil. Their unique chemical structure and environmentally friendly profile have propelled their adoption in diverse applications, from personal care and household cleaning to industrial and agricultural formulations.
The Home Care segment led the Global Alkyl Polyglucosides Market by Application in 2023; thereby, achieving a market value of $400.8 million by 2031. APGs offer effective cleaning performance comparable to conventional surfactants, are derived from renewable resources, and exhibit low toxicity. Consumers expect home care products to deliver effective cleaning results, and APGs meet this requirement while aligning with their sustainability preferences. Therefore, these aspects can help in the growth of the segment.
The Fatty Alcohol segment is growing at a CAGR of 5.5 % during the forecast period. With growing environmental concerns and regulatory pressures to reduce reliance on petrochemical-based surfactants, there is a rising demand for bio-based alternatives. Fatty alcohol-derived APGs offer a renewable and biodegradable solution that meets these sustainability criteria. Therefore, these factors can help in the expansion of the segment.
Full Report: https://www.kbvresearch.com/alkyl-polyglucosides-market/
The Europe region dominated the Global Alkyl Polyglucosides Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $464.6 million by 2031. The North America region is anticipated to grow at a CAGR of 5.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 6.4% during (2024 - 2031).
By Application (Volume, Kilo Tonnes, USD Billion, 2020-31)
By Raw Material (Volume, Kilo Tonnes, USD Billion, 2020-31)
By Geography (Volume, Kilo Tonnes, USD Billion, 2020-31)
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