GCC Alkyl Polyglucosides Market Outlook

gcc alkyl polyglucosides (apgs) are a compound class of non-ionic surfactants largely used in an array of healthcare, homecare, personal care and specialty industrial markets. its low toxicity, biodegradable characteristics meant that apgs are considered as not hazardous and ecologically beneficial. the growing demand for green-chemistry products due to their mildness and eco-friendliness are driving the gcc apgs market. the increasing adoption of vegetable oils for making apgs are likely to propel the market to grow at a significant rate. moreover, the increasing demand for apgs in the formulations of shampoos, detergents, and textiles is expected to create an opportunity in the gcc apgs market. furthermore, the rising usage of apgs in various applications such as culinary, laundry and dishwasher detergent, and textile dyeing is expected to keep driving the growth of the gcc apgs market. the growing focus of major apg producers on the development of novel products and its applications would further propel the gcc apgs market during the forecast period. additionally, the presence of locals producers with quality products at a reasonable price is likely to further drive the market. however, the volatile prices of raw materials in slurries such as alkyl polyglycosides and anhydrous fatty alcohols are the major factors hindering the growth of the gcc apgs market. further, the stringent environmental laws are likely to challenge the growth of the market. the shift of focus to renewable resources and bio-based products for the production of apgs is likely to supplement the growth of the gcc apgs market. statistics show that the gcc apgs had witnessed a cagr of 8.5% from 2018 to 2032. companies such as ete, enterolox, mogrosides, and trace ingredients are actively engaged in the development of apgs, due to the growing demand in various countries.