Inclination for Natural and Bio-Based Detergent Polymers to Increase the Detergent Polymers Sales by 5%
Saturday, December 25, 2021
Fact.MR's latest study on the global detergent polymers market provides a detailed analysis of various drivers, trends, and opportunities from 2020 to 2030. In addition, it presents elaborate information about the leading segments in terms of source, chemical, function, application, end-use, and region.
NEW YORK, Dec. 17, 2021 /PRNewswire/ -- Fact.MR - A Market Research and Competitive Intelligence Provider: The global detergent polymers market is projected to exhibit growth at 5% CAGR during the forecast period between 2020 to 2030, predicts Fact.MR. Increasing preference for these polymers among detergent manufacturers owing to their excellent soil removal properties is likely to drive the market in the upcoming years.
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Detergent polymer is a type of new generation polymer that is used in detergent cakes and powders as a replacement of the conventional phosphates. Due to its biodegradable and eco-friendly nature, demand for detergent polymers is expected to increase over the forecast period.
Further, detergent polymers act as anti-redeposition agents and hence, are extensively utilized by various manufacturers in the forthcoming years. In addition, rising demand for cost-effective and high performance detergent formulations is anticipated to propel the growth in this market.
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As per Fact.MR, detergent polymers are likely to be utilized in industrial and institutional cleaning applications as these provide the benefits of scale encrustation inhibition and dye transfer. Also, these are capable of reducing the energy and water consumption when used in dishwashers or washing machines.
"Demand for liquid detergents on the back of high spending power of people in developing countries is expected to accelerate the market over the forecast period. Besides, focus of key players on the expansion of their production capacities is also set to aid the growth," says a Fact.MR analyst.
Key Takeaways:
-- Based on application, the washing powders segment is expected to account
for more than half of the global market share in the near future.
-- By source, the natural and bio-based segment is anticipated to exhibit
growth at a CAGR of 6% during the forecast period.
-- In terms of chemical, the polycarboxylates segment is projected to
remain at the forefront owing to their increasing usage as binders in
detergents.
-- In terms of country, China is likely to hold more than 1/3(rd) of the
global market on the back of surging demand for liquid detergents.
-- Based on region, East Asia is set to expand at a growth rate of 6%, with
China leading the growth in the region.
Growth Drivers:
-- Increasing preference for natural detergents and stringent norms
revolving around the usage of phosphate-based detergent formulations are
set to drive the market.
-- Rising utilization of detergent pods as these require less amount of
water for cleaning is likely to propel the growth in this market.
Restraints:
-- Constantly changing norms associated with the management of ingredients
used in the production of detergents may limit the growth in this
market.
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Competitive Landscape
Many key players operating in the detergent polymers market are currently focusing on launching state-of-the-art products to extend their customer bases. Meanwhile, a few other players are engaging in mergers & acquisitions and collaborations to introduce novel products and gain a competitive edge in the market.
For instance,
-- February 2020: Clariant, a multinational specialty chemicals company
headquartered in Switzerland, launched the TexCare SRN 260 Life. It is a
bio-based detergent polymer that has an 80% Renewable Carbon Index
(RCI). Unlike the other soil release polymers used in cleaner and
detergents, this new product is more sustainable and cleaner.
-- January 2020: Itaconix, a manufacturer of sustainable specialty polymers
based in the U.K., launched its latest Itaconix® TSI(TM) 322 at the
American Cleaning Institute Convention. This new product is capable of
replacing multiple ingredients to achieve cost savings. It would also
help the company to expand its customer base in North America and
Europe.
-- January 2019: Nouryon, a renowned specialty chemicals manufacturer
headquartered in the Netherlands, signed an agreement with Itaconix.
This agreement would help the company to gain access to the latter's
polymers with chelating properties. It would also enable the company to
broaden its position in the detergents market.
Key Players in the Detergent Polymers Market Include:
-- Ashland
-- BASF SE
-- Clariant AG
-- Dow Inc.
-- Solvay SA
-- Lubrizol Corporation
-- Nouryon
-- ADEKA Europe GmbH
-- Henkel
-- Aquapharm Chemical Pvt. Ltd.
-- Kao Corporation
-- Itaconix Corporation
More Valuable Insights on Detergent Polymers Market
Fact.MR provides an unbiased analysis of the detergent polymers market, presenting historical demand data (2009-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the global detergent polymers market with a detailed segmentation on the basis of:
Source
-- Synthetic
-- Natural & Bio-based
Chemical
-- Polycarboxylates
-- Carboxymethyl Cellulose
-- Polyester
-- Vinylpyrrolidone and PVP
-- Others
Function
-- Anti-redeposition Agent
-- Dispersing Agent
-- Soil Release Agent
-- Dye Transfer Inhibitor
Application
-- Washing Powders
-- Liquid Detergents
-- Detergent Pods and Tablets
End-use
-- Laundry Care
-- Industrial & Institutional Cleaning
-- Automatic Dishwashing
Region
-- North America
-- Latin America
-- Europe
-- East Asia
-- South Asia & Oceania
-- Middle East & Africa
Key Questions Covered in Detergent Polymers Market Report
-- The report offers insight into the detergent polymers market demand
outlook for 2020-2030.
-- The market study also highlights projected sales growth for detergent
polymers market between 2020 and 2030.
-- Detergent polymers market survey identifies key growth drivers,
restraints, and other forces impacting prevailing trends and evaluation
of current market size and forecast and technological advancements
within the industry.
-- Detergent polymers market share analysis of the key companies within the
industry and coverage of strategies such as mergers & acquisitions,
joint ventures, collaborations or partnerships, and others.
Explore Fact.MR's Coverage on the Chemical & Materials Domain -
Polymer Surfactants Market Forecast - The high and specialised applications of polymer surfactants have increased demand for surfactants in recent decades. Polymer surfactants are commonly employed as wetting agents in formulations to lower the surface tension of two liquids. Polymer surfactants in cleaning solutions allow the solution to thoroughly wet the cleaning surface, making it easier to clear unclean, greasy, and oily substances, especially protein or carbohydrate stains. Polymer surfactants are widely used in shampoos, showerbaths, face tonics, and deodorants in the personal care business. Polymer surfactants are used in the paint industry to improve water-borne latex.
Conditioning Polymers Market Analysis - Despite the economic crisis, conditioning polymer manufacturers are continuing to operate their businesses, which has a beneficial impact on conditioning polymer demand. Various industrial facilities are being established around the world to suit the demand for an ever-increasing population. As a result of the rising community's wants and the installation of new production plants, the consumption of conditioning polymers will rise, accelerating the global market's expansion throughout the forecast period.
Bio-based Surfactants Market Insights - The usage of conventional surfactants in industry raises environmental problems. As a result, a growing number of producers are switching to bio-based surfactants. This is one of the main reasons why the bio-based surfactants market is expected to grow in the future years. Furthermore, bio-based surfactants have a number of advantages over conventional surfactants, including superior performance characteristics at high temperatures and emulsion stabilization, which are expected to boost demand for natural surfactants in a variety of industries.
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