Narrow-range Ethoxylate Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028
Global Narrow-Range Ethoxylate Market is anticipated to increase at an impressive rate through 2028. Narrow-range Ethoxylate is a biodegradable non-ionic surfactant with a substantially lower content of untreated alcohol distribution across the standard ethoxylates. Formulating narrow-range ethoxylate is simpler and cheaper than standard alcohol ethoxylates due to its lower free alcohol content and a higher proportion of the target ethoxylate. Owing to its non-ionic structure, this product is appropriate for anionic & cationic surfactants and remains constant in the presence of acids, bases, and salts. Hence, all these properties lead to bolstering demand from different industries, such as agriculture, consumer goods, and others, for the execution of their application.
Narrow-range Ethoxylate exhibits excellent degreasing properties with liquid at a lower concentration, and at the same time, it eliminates the hazardous solvent. Narrow-range ethoxylate provides excellent fatty soil removal in water-based cleaning products for different applications like degreasing, engine cleaning, microemulsions, vehicle cleaning, and others, especially when combined with performance-boosting co-surfactants. Besides this, favorable government policy for sustainable development and ongoing R&D is expected to drive the global narrow-range Ethoxylate market in the forecasted period.
Growing demand from Industries for cleaning Purposes is driving the market demand.
In industrial setup, firms are taking preventive measures by regularly maintaining machinery plants, storehouses, and warehouses. According to the International Labour Organization (ILO), most of the deaths reported among industrial workers are caused by occupational diseases, of which hazardous substances are the major causes of death. Around 651,279 deaths are reported among workers due to exposure to hazardous substances annually. Hence, regular maintenance is provided to create a healthier & safer work environment and increase productivity and profitability by reducing leisure time and accidents. Here, narrow-range ethoxylate is considered the best industrial cleansing solution alternative as it provides effective cleaning at high and low temperatures and contains two non-ionic surfactants with different cloud points at low cost. As the demand for industrial cleaning rises, it is expected to be an increase in the demand for narrow-range ethoxylate in the market for the anticipated period.
Increasing Demand for Household Cleansing Products to Propel the Market Growth
Household cleansing is one of the most significant market share contributors to the consumer goods segment. Ethoxylate with a narrow range of molecular weight distribution, such as sodium nitrate, triacetate (trisodium salt of nitrilotriacetic acid), and sodium nitrilotriacetate, is considered an effective alternative to phosphates in consumer cleansing products. Apart from these, it is used in soap and detergent, where sodium dodecyl sulfate and anionic surfactant are the prominent alternatives. Narrow-range ethoxylate-based product has excellent degreasing performance at lower use concentration, have low VOCs, and are biodegradable. They have a wide range of household cleaning applications for the floor, kitchen, bathroom, and upholstery. Hence, the growing demand for biodegradable cleaning products is expected to increase the global narrow-range ethoxylate market demand in the forecasted period. Furthermore, growing demand from end-user industries like paints and coatings, oil and gas, agrochemicals, home and personal care, polymer pharmaceutical, and others are expected to propel the demand for the narrow-range ethoxylate market at an impressive rate in the forecasted period.
Increasing investment in Research & Development Driving the Market Growth
To better serve consumers' needs and support end users' aspirations for sustainability, firms are increasing their investment to develop and offer natural or vegetable-based surfactants. Through various R&D, companies have developed new products and patented those products as their assets to get the first mover advantage. Apart from these, stringent government policies over chemicals or solvents having high VOC are expected to build valuable market opportunities.
Patent Registration
The Procter & Gamble Company has registered a patent for a narrow range of alcohol alkoxylates and derivatives, such as alkyl ethoxy sulfates. These narrow-range alkoxylate alcohols may be utilized as non-ionic surfactants or sulfated to create anionic surfactants, such as alcohol ethoxy sulfates. Both varieties of surfactants have numerous applications, including in cleaning compositions or detergents like laundry detergents.
Market Segmentation
Global narrow-range Ethoxylate market is segmented based on source, application, region, and company. Based on source, the market is divided into natural and synthetic. Based on application type, the market is divided into commercial, residential, and industrial. Based on commercials, the market is divided into healthcare, food service, laundry, institutional buildings, hospitality, and others. Based on residential, the market is divided into the floor, kitchen, laundry, upholstery, and others. Based on industrial, the market is divided into engine cleaning, vehicle cleaning, metal degreasing, laundry, dairy, and others.
Market Players
Oxiteno SA Industria e Comercio, Stepan Co, ESTI CHEM A/S, Dow Chemical Co, Venus Ethoxyethers Pvt. Ltd., Esteem Industries Pvt. Ltd., Nouryon Holding BV., Univar Solutions Inc, Sasol Ltd, Evonik Industries AG are some of the major market players in global narrow-range Ethoxylate market.
In this report, global narrow-range Ethoxylate market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
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