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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.
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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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