Global Nonylphenol Ethoxylates Market to Reach $767.1 Million by 2030
The global market for Nonylphenol Ethoxylates estimated at US$639.8 Million in the year 2023, is expected to reach US$767.1 Million by 2030, growing at a CAGR of 2.6% over the analysis period 2023-2030. Industrial & Institutional Cleaning Application, one of the segments analyzed in the report, is expected to record a 2.4% CAGR and reach US$264.7 Million by the end of the analysis period. Growth in the Paints Application segment is estimated at 3.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $191.2 Million, While China is Forecast to Grow at 2.3% CAGR
The Nonylphenol Ethoxylates market in the U.S. is estimated at US$191.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$133.8 Million by the year 2030 trailing a CAGR of 2.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 2.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.
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