Detergents News

Recent industry report about Detergents company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Detergents Market industry experts.

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Detergents News

  • In October 2022, MyKirei by KAO brand introduced a new Easy-Spray Laundry Detergent for clean clothes and household linens. This new product has a compact, refillable alternative to heavy, space-hogging bottles, which helps boost the company's business.
  • In May 2022, Proctor & Gamble (P&G) set up its first manufacturing facility for liquid detergent in India on Hyderabad's outskirts at an investment of INR 200 crore (USD 26.83 million).
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  • March 2024: UNIVAR SOLUTIONS LLC, a global solutions provider of specialized ingredients and chemicals, announced the conclusion of a new distribution contract with Arxada covering a complete portfolio of biocides and preservatives used in a wide range of industrial applications. This new agreement enhances Univar Solutions’ product offerings in Brazil’s paints, coatings, and lubricants markets, adding cost-effective, highly versatile antimicrobials and performance additives specifically designed for preservation and microbial control.
  • March 2023: KRAHN Chemie expanded its successful cooperation with LANXESS in the biocides business. After the acquisition of the business, LANXESS offered an even wider range of biocides in sectors such as paints and coatings, construction materials, wood preservatives, and leather and plastics. With the acquisition of this business, LANXESS will be able to extend its local presence in the biocide market in Germany and Austria, as well as in Belgium and the Netherlands.
  • August 2022: Veolia Water Technologies and Bridgnorth Aluminium entered a collaboration agreement through which Veolia Water would assist with water treatment processes and compliance services at the production site in Shropshire. Through this collaboration, Veolia Water Technologies provides servicing chemical supply and Legionella compliance for its cooling towers and process water treatment systems.
  • On January 2022, Sun Chemical acquired SAPICI. strengthening supply strategy and adding capabilities to develop and create new polymers for the company's whole array of inks, coatings, and laminating adhesives.
  • On January 2022, Encres DUBUIT acquired POLY-INK strengthening its product portfolio by adding conductive Inks. The company has combined nanomaterial scientific competence with application engineering capabilities through this acquisition.
  • In May 2019, Baker Hughes, a GE company, announced the introduction of its DELTA-TEQ low-pressure-impact drilling fluid, a non-aqueous formulation that reduces the hydraulic impact with an advanced formulation of specialized clay and polymers.
  • In July 2018, TETRA Technologies Inc. and Halliburton, a global oil services company, announced that they entered a global joint marketing and development agreement for the sale and distribution of TETRA's proprietary TETRA CS Neptune completion fluids. Based on their respective technologies and resource capabilities, the collaborative agreement fosters and drives the development of other oil and gas drilling and completion fluids.
  • In February 2022, Element Six UK Ltd collaborated with II-VI Inc. Through this collaboration, II-VI licenses Element Six's intellectual property and necessary equipment would produce high-quality single-crystal diamonds to expand its core competency in diamond technology.
  • In July 2021, Element Six UK LTD and the University of Warwick entered a partnership to develop the next generation of synthetic diamond-enabled technologies. Under this partnership, Element Six applied its renowned expertise and capabilities in advanced material solutions.
  • March 2023: Universal Matter UK Limited, a wholly-owned subsidiary of Universal Matter Inc., announced the acquisition of Applied Graphene Materials UK Limited and Applied Graphene Materials LLC, the principal operating subsidiaries of Applied Graphene Materials PLC. Through the acquisition, the company has strengthened its market presence.
  • February 2023: Global Graphene Group announced that Honeycomb Battery Company, an advanced battery technology subsidiary of Global Graphene Group Inc., signed a business combination agreement with Nubia Brand International Corp. to develop battery materials. Honeycomb Battery Company is expected to use graphene produced by the Global Graphene Group.
  • August 2022: Universal Matter entered a three-year collaborative innovation agreement with the ChemQuest Technology Institute. Through the agreement, the company has strengthened its growth and validation of Universal Matter’s graphene technology based on sustainable feedstocks.
  • Jan 2024: Shell plc's subsidiary, Shell Lubricants, completes the acquisition of the United Kingdom-based MIDEL and MIVOLT from Manchester-based M&I Materials Ltd. It is to manufacture, distribute, and market the MIDEL and MIVOLT product lines as part of Shell’s global lubricants portfolio.
  • Oct 2023: Hindustan Petroleum Corporation Limited (HPCL) and Chevron Brands International LLC, a subsidiary of Chevron Corporation, entered into a long-term agreement encompassing the licensing, production, distribution, and marketing of Chevron’s lubricant products under the Caltex brand. It includes Chevron’s proprietary Havoline and Delo branded lubricant products in India.
  • Sep 2023: ENSO Oils & Lubricants partnered with Gazpromneft-Lubricants, a subsidiary of Gazprom Neft PJSC, to expand the distribution of lubricant assets in South Asia. ENSO will import and distribute Gazpromneft-Lubricants' range of oils and lubricants to meet the needs of various industries in India.
  • April 2024: Axalta Building Products, a division of the globally renowned Axalta Coating Systems, unveiled its innovative Zenamel range of wood coating solutions tailored for cabinet manufacturers. With this launch, Axalta Building Products seeks to empower its wood finishing industry clients to create top-tier, sustainable, eco-friendly products that align with tightening regulatory standards and evolving consumer preferences.
  • April 2023: Benjamin Moore & Co. unveiled Element Guard, a new exterior paint tailored for diverse substrates, wood included. With the launch of Element Guard, Benjamin Moore & Co. seeks to empower painting professionals, ensuring its exterior projects endure the elements and satisfy client expectations.
  • January 2023: Asian Paints planned to invest in a new manufacturing facility dedicated to water-borne paints, boasting an annual capacity of 4 lakh kl. This facility will also produce water-borne wood coatings, with operations slated to begin in 2026. Through this expansion, Asian Paints seeks to bolster its production capacity, aligning with the projected surge in demand for water-borne wood coatings in India.
  • December 2022: Sherwin-Williams Company announced the successful completion of its acquisition of the ICA Group. By acquiring the ICA Group, Sherwin-Williams aimed to create a more diversified and competitive wood coatings company with a stronger presence in the European market and a broader range of products and technologies to offer its customers.
  • July 2024: AMSOIL acquired Aerospace Lubricants, an Ohio-based firm renowned for its specialized grease design and manufacturing. This acquisition is set to bolster operational capabilities and capacities. With Aerospace's operational prowess and grease specialization, both Aerospace and AMSOIL customers stand to gain substantial added value.
  • May 2024: FUCHS Group officially opened its High-Performance Grease Plant (HPGP) in Yingkou, China. The HPGP underscores FUCHS Group's strong dedication to both the Chinese and broader Asia-Pacific markets. It aims to cater to the surging demand for grease products in the region, even in the face of global economic challenges. The plant boasts the capability to produce a comprehensive range of soap-based grease products, catering to diverse sectors such as new energy vehicles, wind power, semiconductors, aerospace, and robotics.
  • June 2023: FUCHS Lubricants Co. launched RENOLIT CSX AWE 0, a calcium sulfonate complex grease tailored for truck trailer axle hubs. Formulated with sustainable, lithium-free technology, this grease provides OEMs and fleets with a stable, long-term solution at a consistent price point. In addition, RENOLIT CSX AWE 0 ensures seamless integration, being compatible with legacy axle-bearing greases for straightforward replacement.
  • March 2022: Axel Christiernsson International AB launched AXELLENCE 752 EPEF, an environmentally acceptable lubricant that received EU Ecolabel approval for accidental and partial loss applications. This is the first lithium complex grease to attain such certification.
  • June 2024: Azelis, a prominent player in the specialty chemicals and food ingredients sector, signed a distribution deal with BASF Corporation. Under this agreement, Azelis will distribute a variety of BASF products, including emulsifiers, ,edium-chain triglyceride (MCT), phytosterol ester, and conjugated linoleic acid (CLA). These products find common applications in bakery items, beverages, and nutritional enhancements for both the retail and food service sectors.
  • February 2022: IOI Oleo, the parent company of IOI Oleo GmbH, partnered with DKSH. DKSH will provide business development, marketing, sales, logistics, and distribution services for IOI Oleo's oleochemical specialties in Australia, New Zealand, the Philippines, Taiwan, South Korea, and Vietnam.
  • May 2024: IHI Hauzer Techno Coating BV and IHI Ionbond, both subsidiaries of IHI Corporation, partnered to offer a total solution for PVD coating development, coating services, and equipment for PEMFC (proton-exchange membrane fuel cells) and PEMWE (proton exchange membrane water electrolysis).
  • March 2024: PPG Industries Inc. announced the launch of the PPG Nexeon 810 coating. This copper-free antifouling solution prioritizes vessel performance, emissions reduction, and sustainability. Thanks to their superior fouling control capabilities, vessels can experience an immediate power boost of up to 10% and a 15% enhancement in operational efficiency.
  • April 2022: PPG Industries Inc. acquired Arsonsisi, an industrial coatings company based in Milan, Italy. This acquisition is expected to help the company enhance its business for low-friction coatings and maximize its reach throughout Europe.
  • February 2022: Curtiss-Wright Surface Technologies partnered with BioCote to expand its fluoropolymer coating product range and create Fluregiene 200, an antimicrobial coating ideal for many surfaces and environments, including those applicable to a wide range of parts and components such as door handles, elevator buttons, airport seating, and gym equipment.

Detergent Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)