Detergent Chemicals Market Forecasts to 2028 – Global Analysis By Product (Builder & Fillers, Enzymes), Raw Materials (Petrochemicals, Crude Oil Derivatives) Application (Biological Reagents, Dishwashing Products) and By Geography
According to Stratistics MRC, the Global Detergent Chemicals Market is accounted for $50.17 billion in 2020 and is expected to reach $112.33 billion by 2028 growing at a CAGR of 10.6% during the forecast period. The rapid industrialization and urbanization across the globe and growing demand for multi-functional ingredients from formulators are the major factors propelling the market growth. However, stringent rules and regulations along with volatility in the prices of raw materials are hampering market growth.
Detergent chemicals are a class of surfactants that are used as a major cleaning agent, such as biological reagents, sapless soaps, laundry detergent, and fuel additives, or as a mixing element of surfactants. They are either produced naturally from plant oils derived from oleochemicals or petrochemicals synthetically. Ethylene oxide, alpha-olefins, and linear alkylbenzene are the raw materials being used.
Based on the product, the builder & fillers segment is estimated to dominate the market due to the higher percentages in detergent formulation. Chemicals such as sodium metasilicate, polycarboxylates, sodium carbonate, sodium silicate, and zeolite act as builders & fillers and enhance the cleaning properties.
By geography, North America holds the largest share in the market due to the rising detergent chemical consumption in end-user applications such as personal care, industrial cleaners, and food processing. Furthermore, the presence of major market players in the region continuously researching and developing innovative products will foster the growth of the detergent chemical market.
Some of the key players profiled in the Detergent Chemicals Market include BASF SE, Akzo Nobel N.V., Ashland Inc, Clariant AG, Croda International Plc, The Dow Chemical Company, DuPont, Evonik Industries AG, Huntsman International LLC, Nouryon, Novozymes, Procter & Gamble, Solvay S.A., and Stepan Company.
• Bleaching Agents
• Builder & Fillers
• Other Products
Sales Channels Covered:
Raw Materials Covered:
• Crude Oil Derivatives
• Liquid Detergents
• Solid Detergents
Application Areas Covered:
• Biological Reagents
• Dishwashing Products
• Fuel Additives
• Household & Commercial Cleaning Products
• Laundry Cleaning Products
• Personal Cleaning Products
• Industrial & Institutional
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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