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.
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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.
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
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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