Market Size of Alkyl Polyglycoside (APG) Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 93.22 kilotons |
| Market Volume (2029) | 109.70 kilotons |
| CAGR (2024 - 2029) | 3.31 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
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*Disclaimer: Major Players sorted in no particular order |
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Alkyl Polyglycoside (APG) Market Analysis
The Alkyl Polyglycoside Market size is estimated at 93.22 kilotons in 2024, and is expected to reach 109.70 kilotons by 2029, growing at a CAGR of 3.31% during the forecast period (2024-2029).
The COVID-19 pandemic harmed the alkyl polyglycoside sector. Global lockdowns and severe rules enforced by governments resulted in a catastrophic setback as most production hubs were shut down. Nonetheless, the business is recovering since 2021 and is expected to rise significantly in the coming years.
- The major factors driving the market are a surge in demand for home care and personal care products and growing awareness of health hazards associated with conventional surfactants.
- Conversely, the availability of substitutes is expected to hinder the studied market's growth.
- A surge in the adoption of natural food ingredients is expected to act as an opportunity for the market studied.
- Europe represents the largest market and is expected to be the fastest-growing region over the forecast period. It is due to increased consumption from countries such as Germany, the United Kingdom, and France.
