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Market Research Report
Detergents - Global Market Outlook (2018-2027) |
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Published by | Stratistics Market Research Consulting | Product code | 932656 | ||||
Published | Content info | 168 Pages Delivery time: 2-3 business days |
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Detergents - Global Market Outlook (2018-2027) | ||
Published: March 1, 2020 | Content info: 168 Pages |
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According to Stratistics MRC, the Global Detergents Market is expected to grow at a CAGR of 6.0% during the forecast period. Growing demand for detergents from the laundry care application and increased availability of shale gas reserves for the production of synthetic detergents are the major factors propelling the market growth. However, factors such as related concerns regarding the use of synthetic detergents and high raw material prices for the production of detergents are hampering the market growth.
A detergent is a surfactant or a blend of surfactants, which exhibit high-quality cleansing characteristics in diluted solutions. Alkyl benzene sulfonates and its compounds are the main ingredients in detergent manufacturing. The polar sulfonate (of detergents) is less likely than the polar carboxylate (of soap) to bind to calcium and other ions found in hard water.
Based on the application, the laundry cleaning products segment is having a lucrative growth during the forecast period as these are applied to stubborn stains prior to washing and are formulated by ingredients, which deliver good washing performance without destroying the atmosphere. By geography, AsiaPacific is going to have a high growth during the forecast period due to the rising awareness regarding liquid laundry detergent and the growth in industrial developments in these emerging economies.
Some of the key players profiled in the Detergents Market include Unilever Group, Stepan Company, Sigma-Aldrich Co. LLC, Proctor & Gamble Co., Nice Group, Kao Corporation, Henkel AG & Company KGaA, Guangzhou Liby Enterprise Group Co. Ltd, EUD Group AS, Dow, Clariant AG, BASF SE and 3M.
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.