Global Detergent Chemicals Industry Forecasts Report Analysis

According to Stratistics MRC, Detergent Chemicals Market Value 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.

By geography, the Asia Pacific is projected to hold the largest share in the market, due to 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.

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.