Global Sugar Based Surfactants Market to Grow with a CAGR of 5.38% through 2028
Surge in research and development activities is expected to drive the Global
Sugar Based Surfactants Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “Sugar Based
Surfactants Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Sugar Based Surfactants
Market stood at USD5.24 billion in 2022 and is anticipated to grow with a CAGR
of 5.38% during 2023-2028. The initiatives taken by government
based on sugar based surfactants has led to favorable market conditions for the
Global Sugar Based Surfactants Market. Several factors contribute to the growth
of various sugar based surfactants market products.
Governments
worldwide have been proactively implementing various measures to encourage the
widespread adoption of natural surfactants, particularly those derived from
sugar. These initiatives are part of broader, comprehensive efforts aimed at
promoting sustainability and mitigating the adverse environmental impact caused
by various industries.
In addition to
providing financial incentives and support, governments are also heavily
investing in research and development activities specifically focused on the
advancement of natural surfactants. This concerted effort is driving
significant technological progress in the production processes, leading to more
efficient and sustainable methods. Consequently, these advancements are further
bolstering the growth and expansion of the sugar-based surfactants market,
unlocking new opportunities and creating a positive ripple effect across
industries globally.
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Research and
development (R&D) forms the very foundation of the sugar-based surfactants
industry. It assumes a pivotal role in not only creating innovative products
but also enhancing the quality of existing ones. Moreover, it spearheads the
quest for more efficient and sustainable production methods, aligning with the
growing demand for natural and eco-friendly ingredients across diverse sectors.
In recent years, these R&D activities have witnessed a significant surge,
driven by the pressing need for sustainable solutions and the ever-evolving
requirements of various industries.
The Global Sugar
Based Surfactants Market is segmented into raw material, application, regional
distribution, and company.
Based on its raw material, the polymeric segment held
the largest share in the market. Polymeric sugar-based surfactants play a
critical role in providing stability to various formulations. These versatile
compounds are widely employed as emulsifiers and dispersants, effectively
keeping particles apart to prevent any unwanted breakdown. The utilization of
polymeric sugar-based surfactants stems from their array of advantages,
including their higher molecular weight, strong surface adsorption, large
repulsive barrier, and multiple anchoring groups per molecule.
Within the pharmaceutical industry, there is a clear
preference for active ingredients with higher molecular concentration and
enhanced stability, which ultimately contributes to the growing demand for
products incorporating these surfactants. Their unique properties and benefits
make them indispensable in ensuring the quality and efficacy of pharmaceutical
formulations.
Based on region, Europe segment is expected to grow
during the forecast period.
The growth of the market is primarily driven by the
increasing demand for products in various applications such as personal care,
food processing, and industrial cleaners. This trend is expected to continue
over the forecast period, contributing to the overall market expansion.
Notably, the home care segment plays a significant role in the regional market,
fueled by the rising utilization of detergents for cleaning purposes. The
continuous growth of this segment further strengthens the market's potential
and highlights the importance of detergents in maintaining cleanliness and hygiene
in households.
Major
companies operating in Global Sugar Based Surfactants Market are:
- Clariant AG
- Solvay SA
- Evonik Industries AG
- Glycosurf, Inc.
- Shanghai Fine Chemicals Co., Ltd.
- Daido Chemical Industry Co Ltd
- Jeneil Biotech Inc.
- Seppic Inc
- BASF SE
- Shiv Shakti Industries Pvt Ltd.
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“Growing application of sugar based surfactants in
various end user industries are key drivers of the sugar based surfactants
market. Growth in competitive landscape and presence of well-established companies
in the market who are dedicated to enhance their productivity of sugar based
surfactants with every passing year are anticipated to register an impressive
growth to Global Sugar Based Surfactants Market in the forecast period.,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Global Sugar Based Surfactants Market By Raw
Material (Monomeric, Dimeric, Polymeric), By Application (Biotechnology,
Homecare & Personal Care, Pharmaceutical, Agriculture, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global Sugar Based Surfactants Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Sugar Based Surfactants Market.
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