Paradigm Shift in Capryl Glucoside Market Imminent, Driven by
Unwavering Quest for Sustainability and Exceptional
Performance.
ROCKVILLE, Md., July 23, 2024 /PRNewswire/ -- Fact.MR, a company
that offers competitive intelligence and market research services,
projects that the global Capryl Glucoside Market will
be valued at US$ 238.3 million
in 2024 and has forecasted it to expand at a CAGR of 5.9%
from 2024 to 2034.
Non-ionic surfactants, called capryl glucosides, are made from
renewable vegetable sources such as glucose or coconut oil. Liquid
and powder products, applications such as personal care, household
cleaning products, and industrial cleaning items, and key end uses
of capryl glucoside.
Through 2034, the Asia Pacific
regional market is projected to hold on to its leading position in
the global market. This is being supported by the expanding
personal care product market as well as rising disposable incomes
in countries such as India and
China. Steady market growth is
anticipated in Europe and
North America as well, fuelled by
high consumer preference for natural and sustainable personal care
products and stringent laws prohibiting the use of synthetic
surfactants in these regions.
Manufacturing of capryl glucoside will move the market toward
more renewable and sustainable sources; plant-based sources such as
coconut oil and glucose derived from sustainable sources.
Innovations in product compositions and production techniques will
also result in more cost-effectiveness and efficiency, which will
complement market expansion.
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Key Takeaways from Capryl Glucoside Market Study:
- The global capryl glucoside market is projected to expand
at 5.9% CAGR and reach US$ 422.7
million by 2034.
- Asia Pacific accounts for a
significant market share of 30.1% in 2024.
- Under functions, surfactants and emulsifiers are projected to
hold 51.8% and 20.4% market share, respectively.
- The use of capryl glucosides is increasing since they are
flexible and offer several benefits in cleansing, emulsification,
and mild antibacterial activities.
- The North American market is forecasted to expand at
a CAGR of 6.2% and reach a valuation of US$ 123 million by 2034.
- The market for capryl glucosides in China is projected to advance at a CAGR of
6.3% through 2034.
"Soft, delicate nature of capryl glucoside ideally matches
rising consumer desire for formulations that are natural and kind
to the skin. Its eco-friendly and biodegradable profile meets the
growing need for environment-friendly cleaning products, which will
complement market expansion over the coming
years," says a Fact.MR analyst.
Leading Players Driving Innovation in the Capryl Glucoside
Market:
Key industry participants like BASF SE; Croda International Plc;
Clariant AG; Evonik Industries AG; Lubrizol Corporation; Galaxy
Surfactants Ltd.; Innospec Inc.; Colonial Chemical, Inc.; Indorama
Ventures; Stepan Company; Surfachem Group Ltd.
Winning Strategy:
Businesses manufacturing capryl glucoside should concentrate on
product innovation and sustainability going ahead. Gaining a
competitive edge can be achieved by creating multifunctional,
high-performance formulations of capryl glucoside that are suited
for specific uses. Investing in eco-friendly production techniques
and the sourcing of renewable raw materials will play a key role in
market progress over the coming years.
Establishing strategic alliances with cleaning and personal care
brands will lead to long-term supply agreements. Furthermore, fresh
development prospects can be unlocked by expanding into developing
regions such as Asia Pacific using
regionalized marketing and distribution techniques.
- In Nov 2020, by
acquiring Iberchem, a Spanish fragrance and flavor company,
Croda International Plc. expanded its range of natural and
sustainable ingredients, which now includes capryl glucoside.
Capryl Glucoside Industry News:
Several companies have secured long-term supply contracts with
leading producers of cleaning products, creating challenges for new
competitors to enter the market, although it remains possible.
- In June 2023, to meet the rising
demand for mild surfactants in the Asia
Pacific region, BASF SE expanded its capryl glucoside
production capacity at its Jinshan plant in China.
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Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, By Product Type:
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, By Application:
- Skin Care Products
- Hair Care Products
- Body Wash/Shower Gels
- Baby Care Products
- Industrial & institutional cleaning
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, By Source:
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, By Function:
- Surfactant
- Emulsifier
- Thickener
- Stabilizer
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, By End-Use Industry:
- Personal Care and Cosmetics
- Household and Industrial Cleaning
- Pharmaceutical
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, By Distribution Channel:
- Direct Sales
- Indirect Sales
More Valuable Insights:
Fact.MR, in its new offering, presents an unbiased analysis of
the capryl glucoside market, presenting historical market data
(2019 to 2023) and forecast statistics for the period of 2024 to
2034.
The study reveals essential insights based on product type
(liquid, solid/powder), source (plant-derived, synthetic), function
(surfactants, emulsifiers, thickeners, stabilizers), end-use
industry (personal care & cosmetics, household & industrial
cleaning, pharmaceuticals, others), application (skin care
products, hair care products, body wash/shower gels, baby care
products, industrial & institutional cleaning, others [vehicle
care etc.,]), and distribution channel (direct sales, indirect
sales), across seven major regions of the world (North America, Latin
America, Western Europe,
Eastern Europe, East Asia, South
Asia & Pacific, and MEA)
Check out More Related Studies Published by Fact.MR
Research:
Alkyl Polyglucoside Surfactant Market is expected to
reach US$1.34 billion in 2024. The global industry has
been projected to expand at a 6.6% CAGR to reach a
valuation of US$ 2.54 billion by the end of 2034.
Alkyl Polyglucoside Market size up from a value of
US$ 1.51 billion in 2024 to
US$ 3.27 billion by 2034. This growth
will amount to a CAGR of 8% for the years 2024 to 2034.
Ascorbyl Glucoside Market size is projected to
expand at a CAGR of 6.1% to increase to US$
244 million by the end of 2034.
Lauryl Glucoside Market is expected to be valued at
$332.7 million in 2023 and grow at a
CAGR of 9.8% during the forecast period creating an absolute $
opportunity of US$ 544.4 million.
Europe Alkyl Polyglucoside Market is to grow at a
CAGR of 5% and is projected to be worth US$
700 Million.
Sales Of Alkyl Polyglucosides In Latin America are
estimated at $95.5 million in 2024
and are forecasted to increase at a CAGR of 7.8% and reach
US$ 202.39 million by 2034.
About Us:
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