Detergent Polymers Market By Source (Synthetic, Natural & Bio-based), By Chemical (Polycarboxylates, Carboxymethyl Cellulose, Polyester, Vinylpyrrolidone and PVP), By Function, By Application, By End Use, By Region - Global Market Forecast 2020-2030

Global Detergent Polymers Market Analysis

The global detergent polymers market is poised to embark on a positive growth trajectory, registering a CAGR of ~5% over the forecast period (2020-2030). With efficacy to offer high performance detergent formulation at reduced cost, detergent polymers are set to gain significant traction. Owing to excellent soil removal properties and high performance as anti-redeposition agent, detergent polymers have emerged as an ingredient of choice among detergent manufacturers.

A bundle of advantages such as dye transfer and scale encrustation inhibition have also accelerated the use of detergent polymers in industrial and institutional cleaning applications. In addition, impressive reduction in water and energy offered by detergent polymers in automatic washing machines and dishwashers is set to augment the market growth during the forecast period.

Detergent Polymers Market: Application Insights

Washing powders has dominated the detergent polymers market throughout the historical period and is projected to maintain its supremacy over other applications, accounting for over half of the global consumption by 2030.

However, momentum towards liquid detergents in countries like United States, Germany, France, Japan, and South Korea are set to drive the use of detergent polymers in liquid detergents during the forecast period.

Increasing spending power in developing counties such as China and India are set to fuel the demand for liquid detergents. Further, surging demand for detergent pods is poised to result in additional growth in sales of detergent polymers during the forecast period.

On the basis of source, synthetic detergent polymers continue to account for relatively large pie of the global market value. However, tightened regulations on phosphate-containing detergent formulation and increasing preference for natural detergents among consumers are set to drive the demand for bio-based detergent polymers. Sales of these polymers are expected to record a leading growth rate of 6% through 2030.

Detergent Polymers Market: Regional Insights

In terms of volume, East Asia’s detergent polymers market is poised to maintain its reign over other regional markets, with the emergence of China as the world’s leading detergent producer. In 2019, China accounted for over one third of the global detergent production, which in turn drives the consumption of detergent polymers in the region. The scenario is projected to continue, due to increasing preference for liquid detergents over washing powder in countries such as China, Japan and South Korea.

In terms of value, Europe’s market has generated the highest value over other regions, on the back of leading exporting countries such as Germany, France, United Kingdom and Poland. However, East Asia is projected to expand at a leading growth rate of 6% through 2030 and surpass the European detergent polymers market by the midterm forecast.

Detergent Polymers Market: Competitive Insights

The global detergent polymers market is highly consolidated in nature, where leading manufacturers currently accounts for over half of the global consumption. Ashland, BASF SE, Clariant AG, Dow Inc, Solvay SA and Lubrizol Corporation are the key stakeholders. In response to increasing demand and to enhance their position, market goliaths have been involved in numerous organic and inorganic strategies.

To leverage the immense potential offered by new trends and to increase their market penetration, prominent companies has vertically integrated themselves. This will not only reduce their dependency on raw material suppliers but also give them a significant advantage of low cost product.

For instance, in 2018, under BASF’s organic strategy, it has backward integrated itself by expanding production capacity of alkyl polyglycosides which is a primary raw material for detergent polymers production.

Similarly, during the historical period, Dow increased its acrylic-based polymers production capacity, in order to meet the increasing demand from various industries including detergents.

COVID-19 Impact Analysis

The coronavirus outbreak has brought the world on its knees and forced people to stay at their homes which have affected production and demand across the globe. Fear of the coronavirus has forced countries to stop import-export activities between borders.

Sudden industrial and transportation shut downs have crippled the global economy in last few months. As per the WHO and the UN stats, loss caused due to coronavirus outbreak may take years to recover. The coronavirus pandemic has affected every industry, and detergent polymers market is no exception.

Europe and North America are the two leading consumers of detergent polymers, collectively accounting for half of the global demand in 2019. Along with leading detergent polymer consumers, these are the most affected regions by coronavirus outbreak and account for over half of the global fatalities.

Worsened situation in these regions have impacted the global detergent polymers market which is poised to recover in the third quarter with the ease of lockdowns in these regions.

Analyst Viewpoint

“In the midst of the COVID-19 pandemic, the global detergent polymers market is poised to suffer a loss of ~ US$ 15 Mn by the end of 2020”.

About the Report

Fact.MR published an exclusive forecast report for the detergent polymers market for the period of 2020-2030. The foremost objective of this report on the detergent polymers market is to pitch spearhead insights on market scenario, demand generators and technological advancements in the detergent polymers market.

Also, the study on the detergent polymers market addresses key dynamics, which are expected to diversify the sales and future prominence of the detergent polymers market.

The detergent polymers market report begins with an executive overview in which product definition has been provided. The report further proceeds with taxonomy of detergent polymers market elaborating on the key segments.

Also, the report outlines visionary insights on dynamics of the detergent polymers market, including drivers, restraints, opportunities and trends, and pricing analysis along with the key buying factors for detergent polymers.

Supply chain analysis and pricing analysis of the detergent polymers market along with the difference between detergent polymers used as per applications have also been included in the report to help the readers clearly understand the product framework map in the detergent polymers market.

Detergent Polymers Market: Segmentation

Fact.MR has segmented the detergent polymers market on the basis of source, chemical, function, application, end use, and region.

Source

• Synthetic
• Natural & Bio-based

Chemical

• Polycarboxylates
• Carboxymethyl Cellulose
• Polyester
• Vinylpyrrolidone and PVP
• Others

Function

• Antiredeposition Agent
• Dispersing Agent
• Soil Release Agent
• Dye Transfer Inhibitor

Application

• Washing Powders
• Liquid Detergents
• Detergent Pods and Tablets

End Use

• Laundry Care
• Industrial & Institutional Cleaning
• Automatic Dishwashing

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• Middle East & Africa

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