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NEW YORK, May 24, 2022 /PRNewswire/ — Technavio categorizes the alkyl polyglycoside (APG) market as a part of the global specialty chemicals market. The alkyl polyglycoside (APG) market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches.
Alkyl Polyglycoside (APG) Market: Key Drivers
The increase in demand from developing countries, such as India, China, Brazil, Mexico, the Philippinesand Indonesiais driving the alkyl polyglycoside (APG) market. Most OEMs of surfactants are shifting their manufacturing to the above-mentioned countries due to the easy availability of raw materials, cheap labor, land, low transportation costs, and less stringent government regulations and policies. The increase in demand for personal care, detergents, and other products in developing countries such as China and India will facilitate further market growth.
View market report outlook to learn more about factors influencing the market.
Alkyl Polyglycoside (APG) Market: Key Challenges
The safety of cleaning personnel is hindering the alkyl polyglycoside (APG) market. Most countries have laid down stringent laws and regulations regarding the safety of workers involved in different types of workplaces, including schools, factories, hospitals, healthcare facilities, offices, and retail outlets. Safety harnesses of the workers working at heights must be properly evaluated and provided to avoid accidents that may occur while cleaning. A few of the biological hazards in contact cleaning are needlestick injuries, eczema, and asthma. Such factors are expected to hinder the alkyl polyglycoside (APG) market growth during the forecast period.
Vendor Insights
The report identifies the following as the dominant vendors in the market:
- BASF SE
- China National Chemical Corp. Ltd.
- Clariant International Ltd.
- Croda International Plc
- Dadia Chemicals Industries
- FENCHEM
- Hugo New Materials (Wuxi) Co. Ltd.
- Huntsman Corp.
- IRO Group Inc.
- Kao Corp.
- LG Household and Health Care Ltd.
- Libra Speciality Chemicals Ltd
- Pilot Chemical Co.
- SEPPIC SA
- Shanghai Fakai Chemical Co. Ltd.
- Shiv Shakti Group
- Silver Fern Chemical Inc.
- SpecialChem SA
- The Dow Chemical Co.
- Yangzhou Chenhua New Materials Co. Ltd.
Product Insights and News
The alkyl polyglycoside (APG) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. For instance, BASF SE, a leading vendor, offers products such as APG (original alkyl polyglycoside). In February 2020the company announced the signing of an agreement with Heraeus to offer world-class precious metal recycling solutions in China.
Learn more about the vendors in the market as you download your sample copy
Europe’s Contribution to Alkyl Polyglycoside (APG) Market
The increase in the usage of APG for home care products, personal care products, and other products is expected to facilitate the alkyl polyglycoside (APG) market growth in Europe over the forecast period. The region is expected to contribute to 35% of market growth as countries such as Germany are the key markets for alkyl polyglycoside (APG). Market growth in Europe is expected to be lower than the growth of the market in other regions.
Download your sample copy and know more about the market contribution in Europe
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Alkyl Polyglycoside (APG) Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.58% |
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Market growth 2022-2026 |
$431.24 million |
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Market structure |
Fragmented |
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YoY growth (%) |
6.31 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
Europe at 35% |
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Key consumer countries |
US, Canada, China, Japan, India, and Germany |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
BASF SE, China National Chemical Corp. Ltd., Clariant International Ltd., Croda International Plc, Dadia Chemicals Industries, FENCHEM, Hugo New Materials (Wuxi) Co. Ltd., Huntsman Corp., IRO Group Inc., Kao Corp., LG Household and Health Care Ltd., Libra Speciality Chemicals Ltd, Pilot Chemical Co., SEPPIC SA, Shanghai Fakai Chemical Co. Ltd., Shiv Shakti Group, Silver Fern Chemical Inc., SpecialChem SA, The Dow Chemical Co., and Yangzhou Chenhua New Materials Co. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, … |
Full story available on Benzinga.com
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