Global Ethoxylates Market
The global Ethoxylates market was valued at USD 10.45 billion in 2016 and is projected to reach USD 13.88 billion by 2025, growing at a CAGR of 3.2% from 2017 to 2025.
Ethoxylates are compounds obtained from the ethoxylation reaction. The major type of compounds classified under ethoxylates are alcohols and fatty acids. The growing demand in household care, cleaning products is expected to drive market demand over the forecast period.
1. Market Drivers
1.1 Change in consumer habits
1.2 Growing demand for low rinse detergents
2. Market Restraints
2.1 Low demand in developing countries
2.2 Environmental concerns regarding toxicity
The global Ethoxylates Market is segmented on the basis of product, application, and region.
1. By Product:
1.1 Alcohol Ethoxylates
1.1.1 Natural Alcohol Ethoxylates
1.1.2 Synthetic Alcohol Ethoxylates
1.2 Fatty Acid Ethoxylates
1.3 Fatty Amine Ethoxylates
1.4 Methyl Ester Ethoxylates
2. By Application:
2.3 Household & Personal Care
2.3.1 Personal Care
2.3.2 Institutional Cleaning
2.3.3 Laundry & Dishwashing Detergent
2.4 Oilfield Chemicals
2.4.1 Wetting & Foam Control Agents
2.4.2 Emulsifiers & Lubricants
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. BASF SE
2. DOW Chemical Company
3. Royal Dutch Shell PLC
4. Stepan Company
6. Sasol Limited
8. India Glycols Limited
10. Ineos Group Limited
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Ethoxylates Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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