Alkyl Polyglucosides ( APG ) Biosurfactants Market Share , Size , Analysis , Growth , Trends and Forecasts to 2024 | Hexa Research
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Alkyl Polyglucosides ( APG ) Biosurfactants Market Share , Size , Analysis , Growth , Trends and Forecasts to 2024 | Hexa Research
" In volume terms , the global alkyl polyglucosides ( APG ) biosurfactants market had exceeded 90 kilo tons in 2015 . It is expected to reach around 136 kilo tons by 2024 ."
The global alkyl polyglucosides ( APG ) biosurfactants market stood over USD 480 million in 2015 . It is expected to reach USD 791 million by 2024 , at more than 5.5 % CAGR during the forecast period ( 2016 to 2024 ). Awareness about the probable health hazards of inorganic & conventional surfactants along with rising adoption of sustainable products should drive the industry in the next eight years . Besides , biological concerns regarding synthetic surfactants are the key market propeller .
European & North American customers depend on products that are obtained from renewable resources . The same is done to avoid ecological damage from petroleum-derived products . Abundant availability of renewable raw materials ; like corn starch , fatty alcohols etc .; is projected to favor the market . The worldwide industry price trend is said to be steady in the near future . This is credited to ris e in accessibility to raw materials , the penetration of APG biosurfactants , & scale of economy .
Major end-users of the alkyl polyglucosides ( APG ) biosurfactants market are personal care , household detergents , industrial cleaners , agricultural chemicals , and cosmetics . Household detergents dominated in the recent past and can grow stably till 2024 . Their properties including low toxicity and superior foaming make them more desirable .
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