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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Ethoxylates Market Share
Alcohol and fatty amine ethoxylates are high in demand due to the increasing demand for eco-friendly surfactants and the growing applications in various industries
In terms of product type, the market is dominated by alcohol ethoxylates, which are widely used in both household and industrial applications due to their exceptional cleaning properties and versatility. The growing demand for low-foaming detergents and cleaning agents in industrial applications is driving the growth of the lauryl alcohol ethoxylates segment. Fatty amine ethoxylates are another key segment, used as emulsifiers, dispersing agents, and wetting agents in various applications. As per ethoxylates market analysis, the excellent stabilising properties of fatty amine ethoxylates in oil-water emulsions are driving its demand in the oil and gas industry.
Household and personal care segment holds a significant market share due to rising consumption levels of cleaning products
The household and personal care segment is the largest shareholder in the market, driven by the extensive use of ethoxylates in various household cleaning products such as laundry detergents, dishwashing cleaners, carpet cleaners, air fresheners, and fabric conditioners. The industrial and institutional cleaning segment is driven due to the use of ethoxylates in various industrial cleaning products such as surface cleaners, paper and pulp, and textile industries. The segment is expected to grow at a significant rate due to the increasing demand for eco-friendly cleaning products and the growing awareness of the importance of proper cleaning and hygiene practices.
The pharmaceutical industry also has a significant ethoxylates market share as it uses ethoxylates as an emulsifier in making ointments, tablets, syrups, and gels. The segment is expected to grow at a high rate due to the increasing demand for pharmaceutical products and the growing awareness of the importance of proper formulation and manufacturing practices. Lastly, the agrochemical segment in the market uses the product in various agricultural products such as herbicides, insecticides, and fungicides. The segmental share is growing due to the increasing demand for agricultural products and the growing awareness of the importance of proper pest control and crop protection practices.
Ethoxylates Market Report Snapshots
Ethoxylates Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the ethoxylates market reached an approximate value of USD 14.82 billion.
The market is expected to grow at a CAGR of 4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 21.17 billion by 2032.
The major drivers of the market include the growing product demand in various end use industries, growing investments by key players, and the increasing research and development activities.
Key trends aiding market expansion include the rising demand for personal care and home care products, expansion of ethoxylates derivatives production capacity, and growing application base for bio-based surfactants.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant products considered within the market report include alcohol ethoxylates, fatty amine ethoxylates, fatty acid ethoxylates, ethyl ester ethoxylates, and glyceride ethoxylates, among others.
The major end uses of the product include detergents, personal care products, ointments and emulsions, herbicides, insecticides, foam control and wetting agents, lubricants and emulsifiers, among others.
The different applications of the product include household and personal care, industrial and institutional cleaning, pharmaceutical, agrochemicals, and oilfield chemicals, among others.
Key players in the market are AkzoNobel N.V., BASF SE, The Dow Chemical Company, Clariant International Ltd, Arkema SA, India Glycols Limited, and Mitsui Chemicals, Inc., among others.
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