Report ID: UCMIG15C2022
Report ID:
UCMIG15C2022 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The market for sugar-based surfactants experienced significant growth in 2021, with a valuation of approximately USD 5.58 billion. Projections indicate a promising future for the industry, as it is expected to maintain a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030. This growth is attributed to factors such as the rising demand for environmentally-friendly and sustainable ingredients in various consumer products, including personal care and household cleaning items. With the increasing awareness about the harmful effects of traditional surfactants, the market for sugar-based alternatives is poised to witness steady expansion in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Fertilizers & Agricultural Chemicals by segment aggregation, the contribution of the Fertilizers & Agricultural Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15C2022