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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Ethoxylates Market Analysis by Region
Asia Pacific leads the market, driven by region’s stable agriculture sector and focus on green chemicals
The Asia Pacific region is a significant market for ethoxylates, driven by the changing fashion trends in the region, which have created high demand for novel textile materials. This drives the consumption of ethoxylates used for lubricating, finishing, and dyeing fabrics. The steady growth of the agricultural industry in the region, particularly in China, India, and Southeast Asia, is also supporting the demand for ethoxylates used in agrochemicals.
Additionally, the region is one of the largest producers and exporters of palm oil, which is a major raw material used for developing fatty alcohols and amines, primary raw materials for obtaining ethoxylates. Governments in the region are also implementing stricter environmental regulations, which is driving demand for eco-friendly, biodegradable surfactants like ethoxylates. For example, China has introduced the "Regulation on the Safety Management of Hazardous Chemicals" that encourages the use of green chemicals and augments ethoxylates market development.
North America is another dominant consumer of ethoxylates for many years, driven by strong demand from key end-use industries like cleaning products, personal care, and oilfield chemicals. The region is home to some of the world's largest consumer brands and personal care companies, which are major consumers of ethoxylates. The high affordability and strong purchasing power of consumers in North America make the region a lucrative market for ethoxylate producers.
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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124