June 10, 2022 12:00 ET | Source: FACT.MR FACT.MR
Dublin, Ireland, June 10, 2022 (GLOBE NEWSWIRE) -- According to a recently published report by Fact.MR, a market research and competitive intelligence company, the European alkyl polyglucoside market is expected to surpass a valuation of US$ 450 Million by 2022 and increase at a CAGR of 5% from 2022 to 2032, reaching US$ 700 Million.
The market has grown rapidly over the last half-decade, with annual growth of 3.9% from 2015 to 2021. Fact.MR forecasts tremendous market potential due to increased use of bio-surfactants and rising demand for organic ingredient-based homecare products. Recent advancements in homecare goods have given the alkyl polyglucoside industry a significant boost. Alkyl polyglucoside is a common ingredient in surface cleansers, dishwashing detergents, and laundry detergents.
In FY2020, the revenue breakdown of alkyl polyglucoside weighted heavily on home care applications vs. personal care applications. COVID-19 has significantly increased the usage of alkyl polyglucosides in home care applications.
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Key Takeaways from the Market Study
Competitive Landscape Due to rigorous rules in several locations throughout the world, manufacturers of surface cleansers are gravitating toward bio-surfactants. Taking advantage of this, alkyl polyglucoside makers are collaborating with manufacturers of surface cleansers and associated goods to increase sales and profits.
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Key Segments Covered in the Europe Alkyl Polyglucoside Market Report
Europe Alkyl Polyglucoside Market by Product Type :
Europe Alkyl Polyglucoside Market by Application
Alkyl Polyglucoside for Homecare Applications
Alkyl Polyglucoside for Personal Care Applications
Alkyl Polyglucoside for Industrial & Institutional Cleaners Alkyl Polyglucoside for Agricultural Chemicals Alkyl Polyglucoside for Oil Fields Alkyl Polyglucoside for Admixtures for Cement, Concrete & Plaster Alkyl Polyglucoside for Other Applications
Europe Alkyl Polyglucoside Market by Primary Function :
Europe Alkyl Polyglucoside Market by Country :
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Fact.MR, in its new offering, presents an unbiased analysis of the Europe alkyl polyglucoside market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights based on product type (coco, lauryl, decyl, capryl and others), application (homecare and personal care) and primary function (cleansing agents, emulsifying agents, wetting agents, degreasing agents, solubilizing agents, hydrotope, foaming agents and others) across major countries of Europe (Germany, Italy, France, Spain, U.K, Russia and BENELUX).
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