Detergents Market Revenue Worth US$ 157 Bn by 2027 Detergents Market: Key Highlights
In terms of value, the global detergents market is anticipated to expand at a CAGR of ~4% from 2019 to 2027 Detergents are mixture of surfactants and other chemicals that possess high-quality cleansing properties in diluted solutions. Compounds such as alkyl benzene sulfonates, sodium lauryl sulfate, and sodium laureth sulfate are the primary constituents in detergents. Based on product, the anionic detergents segment accounted for a key share of the global detergents market in 2018. Anionic detergents contain anionic surfactants, which are cost effective and easy to manufacture. Thus, the less complex production process and cost effectiveness of anionic surfactants make anionic detergents highly attractive in the global detergents market. In terms of form, the powders segment dominated the global detergents market in 2018. High consumption of powder detergents in laundry care applications can be ascribed to the cost effectiveness of these detergents to other forms of detergents. In terms of value, the detergents market in Asia Pacific is estimated to expand at a CAGR of ~4% during the forecast period, led by the growth in metal manufacturing and construction industries in the region
To know more, Request Sample@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id =74654 Rise in Demand for Laundry Detergents to Fuel Global Detergents Market
Demand for detergents has been rising significantly in the laundry care application since the past few years. This can be ascribed to the growth in per capita consumption of detergents, primarily in developing countries across the globe. Establishment of FMCG distribution network, increase in sale of washing machines for domestic and commercial purposes, and rise in awareness about advanced products & their benefits among end users have augmented the adoption of laundry detergents in emerging economies such as China, India, and Brazil Demand for liquid laundry detergents and monodose laundry detergents has been increasing in North America and Europe due to their effective cleaning and ease of handling. This is anticipated to drive the demand for detergents across the globe.
Health and Environment Related Concerns Regarding Usage of Synthetic Detergents to Pose Significant Challenges