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Global Alkyl Polyglucosides (APG) Biosurfactants Market to Grow at a CAGR of 5% During 2021-2026, Aided by the Rising Prevalence for Biodegradable and Eco-Friendly Products

According to a new report by EMR titled, ‘Global Alkyl Polyglucosides (APG) Biosurfactants Market Report and Forecast 2021-2026’, the market is expected to grow at a CAGR of 5% in the forecast period of 2021-2026.

The global alkyl polyglucosides (APG) biosurfactants industry is aided by the growing consumer awareness and the excellent properties that the biosurfactant exhibits. It is used in various other industries as it can act as detergent, wetting agents, emulsifiers, solubilisers, and foaming agents, among others. As aesthetic and grooming are becoming more prevalent due to globalisation, the demand for natural, mild, less toxic, biodegradable, and eco-friendly skincare products is significantly thriving. Alkyl polyglucosides provide an excellent alternative to synthetic surfactants and are cost effective as well. They are widely used in the cosmetic industry, which is boosting the market growth. The market is also aided by the use of the biosurfactant as a detergent in the automobile and machinery industry. Additionally, they are also used as fabric softeners and dyeing auxiliaries in the textile industry, further propelling the market growth. The home care product application is expected to dominate the market segment due to the growing awareness about health hazards. Moreover, the ongoing pandemic has rapidly increased the use of products such as detergents and is further expected to catalyse the growth of alkyl polyglucosides biosurfactants.

The players in the market are focussing on sustainability as well as high efficiency to meet the changing consumers’ preferences. BASF SE (ETR: BAS), one of the leading players, has expanded its production capacity for alkyl polyglucosides (APG) in Jinshan, China, in October 2019, as a part of its production improvement project announced in 2018. The company has bolstered its production capacity by an additional 10,000 metric tons in order to support the market and costumers’ demand. Moreover, it aims to fulfil the demand for sustainable products in the Asia Pacific region while driving positive economic development and aiding the market growth.

Market Analysis by Type, Application, and Region:

  • The market on the basis of type can be divided into fatty alcohols, sugars, corn starch, vegetable oil, and starch, among others.
  • Based on application, the industry can be divided into personal care, household detergent, industrial cleansers, agricultural chemicals, and cosmetics, among others.
  • The regional markets for alkyl polyglucosides biosurfactants include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • Certain factors such as rapid urbanisation, rising living standards, and inflating per capita incomes, are aiding the market growth.
  • Consumer awareness and changing consumer patterns propel the industry growth of APG biosurfactants.
  • The demand for natural and eco-friendly products are catalysing the market for alkyl polyglucosides biosurfactants.
  • The growth in the cosmetic and home care industries are further lubricating the market growth of APG biosurfactants.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for alkyl polyglucosides (APG) biosurfactants for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, applications, and regions of alkyl polyglucosides (APG) biosurfactants.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global alkyl polyglucosides (APG) biosurfactants market are Shanghai Fine Chemical Co., Ltd. (SFCCL), BASF SA, Clariant AG, Yangzhou Chenhua New Material CO., LTD, and Croda International plc, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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