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Sustainability Concerns to Give Tailwinds to the Natural and Bio-based Detergent Polymers Demand at 6% CAGR
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.
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.
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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.
Key Players in the Detergent Polymers Market Include:
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:
Key Questions Covered in Detergent Polymers Market Report
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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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