Preference for Natural Surfactants to Position Sugar-based Surfactants Market at US$ 5.1 Bn by 2032

2022-07-05 12:43:38 By : Ms. Milanda Cai

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Sugar-based Surfactants Sales to Grow at 6.5% CAGR in Homecare Products through 2022

Fact.MR latest report provides an in-depth analysis of the global sugar-based surfactants market for the forecast period of 2022 to 2032. The study provides significant details of key growth shaping factors including growth drivers, restraints, and emerging trends. Besides this, it uncovers hidden opportunities across various segments in terms of type, source, application, and region.

NEW YORK , July 5, 2022 /PRNewswire/ -- The global sugar-based surfactants market size reached US$ 4.8 Bn in 2021 and is likely to touch a valuation of US$ 5.1 Bn in 2022.

As per Fact.MR, with rising inclination towards using bio-based surfactants, the overall demand for sugar-based surfactants is slated to grow at a robust CAGR of 6.1% during the forecast period (2022-2032), surpassing US$ 9.2 Bn by the end of 2032.

Sugar-based surfactants are surface active agents with sugar groups in their structure. They are usually derived from sugar raw materials (cellulosic sugar or glucose) and find usage in myriad applications.

Rising adoption of sugar-based surfactants across various industries, including homecare, personal care & cosmetics, agricultural chemicals, and pharmaceuticals is providing impetus to the sales. Similarly, rapid shift towards bio-based/ natural surfactants is encouraging the adoption of sugar-based surfactants and this trend is likely to continue during the forecast period.

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Over the years, sugar-based surfactants have become ideal alternatives to synthetic ones on account of their low toxicity and biodegradable properties. They are being increasingly used in homecare products, cosmetics and industrial cleaners. Increasing consumer spending on these products will eventually expand the sugar-based surfactants market size during the forecast period.

As per Fact.MR, demand for sugar-based surfactants will continue to remain high in homecare products segment due to increasing usage in products such as toothpaste, detergents, and in-home cleaners. The segment is set to expand at 6.5% CAGR throughout the forecast period.

Regionally, Asia pacific will emerge as the fastest growing market for sugar-based surfactants during the forecast period. Fact.MR predicts Asia Pacific market to grow at a healthy CAGR of 7.3% between 2022 and 2032, totaling a valuation of over 2.5 Bn by 2032.

Factors such as rising preference for natural products, growing presence of leading sugar-based surfactants manufacturers in countries such as China and India , and expansion of personal care and cosmetic industry are spurring the growth in Asia Pacific market.

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Leading sugar-based surfactant manufacturers are continuously focused on increasing their production capacities to meet the end user demands. Besides this, they have adopted strategies such as partnerships, acquisitions, mergers, collaborations etc. to gain an upper hand in the global sugar-based surfactants.

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More Valuable Insights on Sugar-Based Surfactants Market

In the latest study, Fact.MR offers a 360-degree view of the global sugar-based surfactants market for the forecast period of 2022 to 2032. The report also highlights key factors such as recent developments and growth drivers influencing sales in the sugar-based surfactants market through detailed segmentation as follows:

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Key Questions Covered in the Sugar-based Surfactants Market Report

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Bio-Based Surfactants Market: Amid rising environmental concerns and growing awareness among people, demand for bio-based surfactants is projected to grow at a healthy pace during the forecast period. People are showing a keen interest in using bio-based surfactants in a wide range of applications.

Polymer Surfactants Market: Fact.MR has predicted a positive growth projection for the global polymer surfactants market during the assessment period. Rising applications of polymer surfactants in various applications is propelling the market growth. Polymer surfactants are being increasingly used as wetting agents to reduce the surface tension of two liquids in formulations.

Amphoteric Surfactant Market: Extensive applications of amphoteric surfactants personal care and home cleaning applications on account of their unique properties is expected to stimulate growth of the global amphoteric surfactant market during the forecast period.

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Europe Alkyl Polyglucoside Market Growth: Consumption of alkyl polyglucoside in Europe is being driven by the rise of the personal care and cosmetic business, notably in major European nations, as well as customer preferences for natural home care products.

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