Ethoxylates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The global ethoxylates market size reached US$ 13.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.2 Billion by 2027, exhibiting a growth rate (CAGR) of 4.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Ethoxylates are organic compounds produced by adding epoxides or ethylene oxide (EO) to substrates like alcohols, acids, amines and vegetable oils in the desired molar ratio. They are hydrophobic and hydrophilic in nature, which helps them to dissolve in oil and water, depending on the type of ethoxylate used in the process. Due to this, they help lower the surface tension between two different types of liquids or between gases and liquids. They also offer other properties such as high-water solubility, good formulation, wetting ability, and low aquatic toxicity.
The global ethoxylates market is primarily driven by their increasing applications across diverse end-use industries, ranging from paints and coatings and textile processing to personal care, agriculture, and pulp and paper. Due to their cleaning, emulsifying, foaming, wetting and dispersing properties, ethoxylates are utilized in detergents, soaps, paints, adhesives, fabric softeners, inks, ski waxes, emulsions, anti-fogs, snowboard wax, and deinking of recycled papers. Ethoxylates also play an essential role in personal care products such as cosmetics, shampoos, shower gels, hair conditioners, and toothpaste. Additionally, the process of dyeing and finishing in the textile industry also employs ethoxylate, thereby positively influencing the market growth. Besides this, the leading companies are focusing on introducing low-rinse products like methyl ester ethoxylates, which produce low foam to reduce water wastage. Furthermore, they are also developing sustainably sourced ethoxylates, which lower the manufacturing and raw material costs.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ethoxylates market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and application.
Breakup by Product:
Alcohol
Fatty Amine
Fatty Acid
Ethyl Ester
Glyceride
Others
Breakup by Application:
Household and Personal Care
Institutional and Industrial Cleaning
Pharmaceutical
Agrochemicals
Oilfield Chemicals
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., Arkema, BASF SE, Dow Chemical Company, Evonik Industries AG, India Glycols Limited, Mitsui Chemicals, Inc., SABIC, Solvay and Stepan Company.
Key Questions Answered in This Report:
How has the global ethoxylates market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global ethoxylates market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global ethoxylates market and who are the key players?
What is the degree of competition in the industry?
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