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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