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Global Ethoxylates Market 2019 Product Price, Profit, Capacity, Production, Supply, Demand and Market Growth Rate Forecast To 2023
global ethoxylates market, global ethoxylates market sIZE
Top Key Players:
Market Research Future (MRFR) recognizes the following companies as the key players in the global ethoxylates market: BASF SE, Royal Dutch Shell plc, The DowDuPont Inc. Huntsman International LLC, AkzoNobel N.V., Solvay SA, Evonik Industries AG, Mitsui Chemicals, Inc., SABIC, Sasol Ltd, Ineos Group Ltd., Arkema SA.
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Market Highlights:
As per the MRFR analysis, the global ethoxylates market is exhibiting a significant growth, and is anticipated to retain its demand growth over the forecast period to reach USD 13,903.3 million by 2023 end. The market growth is attributed to increasing demand from the end-use in surfactant, pharmaceutical, and personal care industries. House hold and personal care industry is the prominent end-use industry accounting for major share in the overall ethoxylates consumption. In addition to this, the global market is driven by the increasing penetration of alcohol ethoxylates. Owing to such factors, the global market is anticipated to witness a significant CAGR of 3.76% over the forecast period.
Segments
Based on type, ethoxylates are segmented as alcohol ethoxylates, fatty amine ethoxylates, fatty acid ethoxylates, methyl ester, ethyl ester, glyceride, and polyethylene glycol. Among the types, alcohol ethoxylates accounted for dominating share of 41.6% in overall ethoxylates market in 2016.
Geographically, Asia Pacific dominated the global ethoxylates market, accounting for more than one third of the value share of the global ethoxylates market. The regional market trends substantiating the growth of ethoxylates market includes the growing production and consumption of laundry detergents in emerging China and India markets.
Furthermore, the rapid industrialization in the region, high penetration of alcohol ethoxylates manufacturers in the region, availability of raw material, and proximity to market is estimated have positive impact on overall ethoxylates market in the region. The other emerging markets such as Latin America and the Middle East & Africa seems to follow a similar market trend as Asia Pacific and offers lucrative opportunities for manufacturers of ethoxylates in these regions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.
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Regional Analysis
Geographically, global ethoxylates market is segmented as North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Among these regions, Asia Pacific dominated the global market in terms of consumption and production. Asia Pacific is anticipated to retain its dominance through the forecast period. In terms of value, Asia Pacific ethoxylates market is anticipated to reach USD 5,500 Million by the end of 2023 growing at a CAGR of 4.36% over the forecast period. Asia Pacific market is followed by Europe and North America, respectively.
Key Findings
Market Research Future concludes that over the past few years, the global ethoxylates market has witnessed a moderate growth and as per the analysis, the market is likely to continue growing over the forecast period. The market growth is attributed towards the continuously increasing growth of the end-use industries such as surfactants, pharmaceuticals, and household detergents market. Global Ethoxylates market is projected to reach USD 13,903.5 Million by 2023 at a CAGR of 3.76% during the review period 2017-2023.The alcohol ethoxylates segment accounted for 41% share in 2016.
Intended Audience
Ethoxylates manufacturers
Surfactant manufacturers
Organic Chemical Manufacturers
Potential investors
Ethoxylates suppliers
Nationalized laboratory
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