Transparency Market Research has added new report to its database titled, "Detergent Chemicals Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth And Forecast 2015 - 2023"
The demand for cost-efficient and environment-friendly detergents is rising in the global detergent chemicals market. Furthermore, consumers want products that offer optimum wash performance. Hence, players in the global detergent chemicals market need to provide products that meet these consumer demands. Moreover, the shifts in consumer trends need to be considered by companies operating in the global detergent chemicals market.
Thus, players in the
global detergent chemicals market should provide customized detergents in the market. These customized detergents would feature a detergent chemicals combination that is in sync with regional market trends.
Regional Market Trends in the Global Detergent Chemicals Market
Asia Pacific: China and India to Witness Good Growth
Rising industrialization is driving the Asia Pacific detergent chemicals market. China and India are projected to be the largest consumers of detergent chemicals in the global market. Nevertheless, these emerging markets are expected to witness comparatively slower growth in the global detergent chemicals market in the coming years. Factors such as raw material price volatility will suppress the detergent chemicals market in this region.
North America: Price continues to be the Primary Driver
In the North America regional market, low price continues to be the primary factor driving the detergent chemicals market. Value-priced detergents in the U.S. are surpassing their counterparts. Companies in the North America market are competing on the basis of price and firms such as Arm & Hammer and P&G are releasing lower-priced detergent products.
Europe: Rising Demand for Eco-friendly Detergent Chemicals
The Europe detergent chemicals market is expected to gain a significant share in the global market in the coming few years. In Europe, the demand for less harmful detergent chemicals is high. Hence, this regional market will witness growth in the coming years, especially in the biological detergents sector. Green cleaning uses organic, natural products. Green cleaning technology in Europe uses products free from volatile organic compounds, which can lead to respiratory and dermatological disorders. In 2011, the EU supported banning the use of phosphates in dishwasher detergents.
Rest of the World (RoW): Middle East and Africa to Demonstrate Good Growth
Rising technological advancement, along with growing demand from consumers for hygiene, is projected to drive the overall detergent chemicals market in RoW. After China and India, the consumption of detergent chemicals is the highest in the Middle East and Africa. Furthermore, Brazil and Russia are projected to demonstrate sluggish growth in the global detergent chemicals market.
Laundry Detergents Sector to Observe Substantial Growth in Market
Detergents have the property to remove grease and oil when mixed with water. Due to this property of detergents, they are popularly used for washing clothes. The laundry application segment of the global detergent chemicals market is projected be the largest sector. Other sectors of the global detergent chemicals market by application are fuel additives, biological reagents, and soapless soap. Purification and isolation of the integral membrane proteins found in biological cells is done with the help of reagent-grade detergents. Further, fuel injectors and carburetors use detergents to prevent fouling in fuels.
By end use, the global detergent chemicals market is divided into industrial and institutional cleaners, metalworking fluids, household detergents, personal care, and others. Some of the key players operating in the global detergent chemicals market are AkzoNobel, BASF SE, Huntsman Corporation, Tata Chemicals, Dow Chemicals, Sasol, Airedale Chemicals, Shell Chemicals, Colgate, and Clariant AG.
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