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

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 $46.86 billion in 2021 and is expected to reach $71.40 billion by 2028 growing at a CAGR of 6.2% during the forecast period. 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.

Market Dynamics:

Driver:

Introduction of multi-featured detergents

To garner the market position, leading manufacturers are focusing on introducing advanced and multi-featured products, thereby fueling chemicals market growth. For instance, in 2021, Godrej Consumer Products Limited (GCPL) expanded its laundry portfolio in the Indian market. In the same year, P&G launched a new line of plant-based laundry care products. In 2020, the Reckitt Benckiser group introduced plant-based laundry detergent on Amazon in the U.S. The same year, P&G India launched a new 3in1 POD under the Aerial brand. In 2019, HUL launched its premium fabric wash line under the ‘Love & Care’ brand. These new brands offer multi-features such as delicate cleaning, softness, and shine. Such timely introduction of new products by key players is creating potential demand for all types of detergent chemicals. With increasing consumption, the global market is expected to show growth accordingly.

Restraint:

Environmental concerns & health hazards

Scientific research shows that the prolonged exposure or ingestion of these harmful chemicals can cause dangerous health hazards, especially for children. The health effect includes skin irritation, eye irritation, allergies, breathing issues, and even tumor. The presence of harmful chemical substances in synthetic detergents can cause serious environmental effects. For instance, phosphates cause the growth of algal blooms in lakes & rivers, causing a threat to the aquatic ecosystem. Detergent lowers the surface tension of water, which leads to easy absorption of harmful organic chemicals by the aquatic animal. Such factors are limiting the growth of the market for these chemicals.

Opportunity:

Investing in R&D and technology to improve product lines

Surging levels of investment on research and development activities by various market players, advancement in technology along with green cleaning products and methods that use environmentally friendly materials instead of volatile organic compounds that cause dermatological and respiratory disorders are becoming increasingly important which will further contribute by generating immense opportunities that will led to the growth of the detergent chemicals market in the above mentioned projected timeframe.

Threat:

Stringent rules and regulations

Stringent rules and regulations along with volatility in the prices of raw material which will likely to act as market threats factor for the growth of the detergent chemicals market during the forecast period. Moreover, availability of feedstock will become the foremost threat for the growth of the market.

The builder & fillers segment is expected to have the highest CAGR during the forecast period

The builder & fillers segment is growing at the highest CAGR in 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.

The solid detergent segment is expected to be the largest during the forecast period

The solid detergent segment is expected to be the largest share in the market. The weight percentages of these chemicals in solid ones are more as compared to liquid ones. In general, the liquid product contains 60-70% water along with other chemicals. Moreover, solid ones are in the form of powder, tablets, and sheets. These are widely used as convenient products in both developed and developing economies.

Region with highest share:

The Asia Pacific is projected to hold the largest share in the market. Increasing industrialization, commercialization, & household expenditure in the region are pushing demand for innovative & sustainable detergents. Moreover, the increasing population & per capita consumption is paving the way for all chemicals in the region.

Region with highest CAGR:

North America is projected to have the highest CAGR due to the increasing consumption of detergent chemicals in applications such as personal care, industrial cleaners, and food processing is expected to drive the market over the forecast period. Furthermore, it accounts for a significant share in the production of soaps and detergents worldwide, which are major application areas of detergent chemicals.

Key players in the 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.

Key developments:

In December 2019: Evonik Industries & Unilever Group joined hands together to launch bio-based surfactants named ‘Rhamnolipid.’ The surfactant is mild on the skin, biodegradable, and renewable. It is used first time in Unilever’s Quix home cleaning brand.

In April 2019: The Nutrition & Bioscience department of DuPont launched its biobased Optimase enzyme portfolio for the cleaning of medical instruments. These enzymes offer manufacturers to attain excellent & efficient cleaning performance required in Medical applications.

Products Covered:
• Bleaching Agents
• Builder & Fillers
• Enzymes
• Fragrances
• Surfactants
• Other Products

Sales Channels Covered:
• Direct
• Indirect

Raw Materials Covered:
• Petrochemicals
• Crude Oil Derivatives

Applications Covered:
• 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

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
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 2020, 2021, 2022, 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances