Global Sugar-based Surfactants Market is valued at approximately USD 5.58 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2022-2028. Sugar-based surfactants are surface-active agents that contain sugar groups. The type of sugar group present in the surfactant molecule is determined by the raw materials used in the initial process. They are made from sugar raw materials in a variety of forms, including monomeric, dimeric, and polymeric. Among these are fructose, glucose, lactose, chitin, pectin, and starch. The product's demand is expected to be driven by a variety of factors, including rising demand for renewable products, less toxic products, and rising personal hygiene awareness. Sugar-based surfactants are commonly found in personal care and household cleaning products. The textile industry has also adopted them. The product is used in both hand dishwashing liquid and liquid detergents. These are used efficiently in various hair care products, skincare, baby care product in the personal care industry. The increasing popularity of these personal care products is expected to boost product demand in the coming years. Many sugar-based surfactant manufacturers are increasing their production capacity to meet the growing demand from various applications such as cosmetics, home care, personal care, and cleaning.BASF SE, a leading manufacturer of sugar-based surfactants, increased its annual production capacity by 1,000 tonnes in 2019.SEPPIC also opened its first specialty ingredients manufacturing facility in the United States in March 2021. This location is near Richmond, Virginia, in the United States. This is the company's second-largest manufacturing site for high-performance specialty ingredients for pharmaceutical, personal care, and beauty applications. However, availability of other alternatives is expected to hamper the market growth. The expansion of the hospitality sector in is expected to provide significant growth opportunities for the market during the forecast period.
The key regions considered for the global Sugar-based Surfactants market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe dominates the market. This is due to rising product demand in personal care, food processing, and industrial cleaner applications, which are expected to drive market growth during the forecast period. Because of the increased use of detergents, home care is a prominent application segment in the regional market. Whereas, Asia Pacific market is being driven primarily by the growing population in countries such as China and India, as well as the subsequent expansion of various end-use industries such as agriculture, pharmaceuticals, and personal care.
Major market players included in this report are:
Shanghai Fine Chemicals Co. Ltd.
Dadia Chemical Industries
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Homecare & Personal Care
By Raw Material:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Sugar-based Surfactants Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers