Global Ethoxyquin Market to Reach $266.9 Million by 2030
The global market for Ethoxyquin estimated at US$197.6 Million in the year 2023, is expected to reach US$266.9 Million by 2030, growing at a CAGR of 4.4% over the analysis period 2023-2030. Ethxyquin-95 Oil, one of the segments analyzed in the report, is expected to record a 4.8% CAGR and reach US$152.4 Million by the end of the analysis period. Growth in the Ethxyquin-66 Powder segment is estimated at 4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $53.1 Million, While China is Forecast to Grow at 7.2% CAGR
The Ethoxyquin market in the U.S. is estimated at US$53.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$56.8 Million by the year 2030 trailing a CAGR of 7.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$35.4 Million by the year 2030.
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