PUBLISHER: KBV Research | PRODUCT CODE: 1472481
PUBLISHER: KBV Research | PRODUCT CODE: 1472481
The Latin America, Middle East and Africa Alkyl Polyglucosides Market would witness market growth of 7.7% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 52.07 Kilo Tonnes, showcasing a growth of 7.8% (2024-2031).
Fatty alcohols serve as crucial raw materials in the production of Alkyl Polyglucosides (APGs), playing a foundational role in determining the properties and performance of these surfactants. Fatty alcohols are derived from natural sources such as coconut oil or palm oil, where they are obtained through processes like hydrogenation of fatty acids or hydrolysis of fats. Thus, the Brazil market used a total of 5.90 Kilo tonnes of fatty alcohol in 2023.
The Brazil market dominated the LAMEA Alkyl Polyglucosides Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $27 million by 2031. The Argentina market is showcasing a CAGR of 8.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.3% during (2024 - 2031).
The growing demand for customized solutions and tailored formulations drives manufacturers to offer a diverse range of alkyl polyglucoside products with varying alkyl chain lengths, degrees of polymerization, and performance attributes. Customization allows formulators to fine-tune product formulations to specific application requirements, such as foaming properties, viscosity control, solubility, and compatibility with other ingredients. This flexibility enables APG manufacturers to effectively address niche markets and emerging application segments.
Moreover, for those involved in the market, regulatory compliance with safety, environmental, and sustainability criteria remains a top priority. Manufacturers work hard to ensure that their goods adhere to industry standards and legal criteria for ecotoxicity, biodegradability, and safety for both the environment and human health.
According to the Saudi Arabian government, in the wake of the 2016 Vision 2030 initiative, the Kingdom of Saudi Arabia has implemented resolute measures to ensure a more sustainable trajectory for the future. The Saudi Green Initiative (SGI), inaugurated in 2021, unifies sustainability, energy transition, and environmental protection programs with the overarching objectives of addressing climate change, increasing the Kingdom's use of renewable energy, and offsetting and reducing emissions. Therefore, rising initiatives and programs related to sustainable industrial and environmental practices in the LAMEA region are expected to boost the demand for alkyl polyglucosides.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA 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)