PUBLISHER: KBV Research | PRODUCT CODE: 1472479
PUBLISHER: KBV Research | PRODUCT CODE: 1472479
The Europe Alkyl Polyglucosides Market would witness market growth of 5.3% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 158.74 Kilo Tonnes, showcasing a growth of 10.0% (2020-2023).
Alkyl Polyglucosides (APGs) are versatile surfactants widely used in the Personal Care & Cosmetics industry due to their mildness, biodegradability, and excellent foaming properties. In personal care products like shampoos, APGs act as gentle cleansers that effectively remove dirt and oil without stripping the skin or hair of its natural oils, making them suitable for sensitive skin types. They contribute to the creamy texture and lather formation in body washes, shower gels, and facial cleansers, enhancing the overall sensory experience of the products. Thus, the Personal Care & Cosmetics industry in Germany consumed 8.68 Kilo tonnes of APG in 2023.
The Germany market dominated the Europe Alkyl Polyglucosides Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $97.3 million by 2031. The UK market is exhibiting a CAGR of 4.4% during (2024 - 2031). Additionally, The France market would experience a CAGR of 6.1% during (2024 - 2031).
APGs have garnered significant attention within the agricultural industry due to their versatile properties and environmentally friendly profile. In agricultural formulations, APGs serve various purposes, including enhancing the efficacy of crop protection products and acting as adjuvants to improve spray performance. APGs are excellent wetting agents, capable of reducing the surface tension of water and facilitating the uniform spreading of spray solutions across plant surfaces.
Additionally, by improving the spreadability of agricultural sprays, APGs ensure more thorough coverage of crops, enhancing the contact between pesticides or nutrients and target organisms or plant tissues. APGs also contribute to the adhesion and retention of spray droplets on plant surfaces, preventing runoff and ensuring prolonged contact with the target area. Enhanced adhesion and retention properties help maximize the effectiveness of pesticides, fertilizers, and other crop protection products applied via foliar sprays or irrigation systems.
As per the data from Eurostat, in 2022, the value of sold production in the European Union amounted to €6 179 billion, an increase of 19 % compared with €5 209 billion in 2021. Germany comprised the highest value of sold production, equivalent to 26 % of the EU total, followed by Italy (19 %), France (11 %), Spain (8 %), Poland (6 %) and the Netherlands (4 %). Therefore, the growing industrial sector in Europe will increase manufacturing processes in the region's countries. An increase in manufacturing will lead to a rise in demand for formalin as it is used in making adhesives, plastics, resins, etc. Thus, owing to the expansion of the Europe's industrial manufacturing sector, there will be increased demand in the region
Based on Application, the market is segmented into Home Care, Cosmetics & Personal Care, Industrial, Textile, Oil & Gas, Water Treatment and Others. Based on Raw Material, the market is segmented into Fatty Alcohol, Glucose and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Alkyl Polyglucosides Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2020-31)
By Raw Material (Volume, Kilo Tonnes, USD Billion, 2020-31)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-31)