Overview and Scope
Sugar-based surfactants refer to a class of surfactants that can be made from natural sugars such as glucose, sucrose, and maltose. Personal care items frequently contain sugar-based surfactants. These surfactants create a thick, creamy lather that aids in cleansing the skin and hair of oil and grime.
Sizing and Forecast
The sugar-based surfactants market size has grown strongly in recent years. It will grow from $5.72 billion in 2023 to $6.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to consumer demand for natural products, renewable raw material source, reduced carbon footprint, growing natural personal care products market, increasing awareness of harmful chemicals. .
The sugar-based surfactants market size is expected to see strong growth in the next few years. It will grow to $7.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising global emphasis on sustainability, advancements in sugar-based surfactant, expansion of natural and organic products market, global expansion of biorefineries, emergence of new market players.. Major trends in the forecast period include innovation in formulations, integration in household cleaning products, bio-based detergent formulations, bio-based textile processing agents, collaborations and partnerships..
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The sugar-based surfactants market covered in this report is segmented –
1) By Type: Alkyl Polyglycoside, Decyl Glucoside, Sucrose Cocoate, Other Types
2) By Raw Material: Monomeric, Polymeric, Dimeric
3) By Application: Biotechnology, Homecare And Personal Care, Pharmaceuticals, Agriculture, Other Applications
Western Europe was the largest region in the sugar-based surfactants market in 2023. Asia-Pacific is expected to be the fastest-growing region in the sugar-based surfactants market report forecast period. The regions covered in the sugar-based surfactants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increased spending on cosmetics and personal care products is expected to propel the growth of the sugar-based surfactant market going forward. Personal care product refers to any item intended to be rubbed, poured, sprinkled, or sprayed on, introduced into, or otherwise applied to any area of the human body for washing, beautifying, boosting attractiveness, or modifying appearance. In personal care items including shampoos, shower gels, and hand soaps, sugar-based surfactants are frequently utilized, these surfactants create a thick, creamy foam that aids in cleansing the skin and hair by removing oil and grime. Additionally, the growing awareness of personal hygiene has favored increasing expenditure on cosmetics and personal care items. For instance, in September 2022, according to the consumer expenditures report 2021 published by the Bureau of Labor Statistics, a US-based agency for economics and statistics, in the US, the average annual expenditure on personal care products and services was increased to $771 in the year 2021, representing a growth of 19.3% in consumer spending. Therefore, the increasing product demand in personal care is driving the growth of the sugar-based surfactant market.
Key Industry Players
Major companies operating in the sugar-based surfactants market are focusing on environment friendly products to save the environment. Environmentally friendly products in sugar-based surfactants are biodegradable and sustainable cleaning agents derived from renewable sugar sources, minimizing ecological impact while maintaining effective surfactant properties. For instance, in February 2022, Clariant International Ltd a Switzerland-based specialty chemicals company launched vita bio-based surfactants and polyethylene glycols (PEGs). These ingredients have a minimum renewable carbon index (RCI) of 98% and are composed entirely of bio-based ethanol derived from corn or sugarcane. Their carbon footprints are smaller than those of their fossil fuel-based equivalents because they are completely separated throughout the value chain, from the field to the finished consumer product, and only bio-based feedstocks are utilized. Comparing the Vita surfactants to their fossil counterparts, it is possible to reduce CO2 emissions by up to 85%.
The sugar-based surfactants market report table of contents includes:
1. Executive Summary
2. Sugar-based Surfactants Characteristics
3. Sugar-based Surfactants Trends And Strategies
4. Sugar-based Surfactants – Macro Economic Scenario
5. Global Sugar-based Surfactants Size and Growth
…..
32. Global Sugar-based Surfactants Competitive Benchmarking
33. Global Sugar-based Surfactants Competitive Dashboard
34. Key Mergers And Acquisitions In The Sugar-based Surfactants
35. Sugar-based Surfactants Future Outlook and Potential Analysis
36. Appendix
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