Press release
Ethoxylates Market Estimated to Exceed US$ 17.2 Billion Globally By 2027 | CAGR of 4.2%
According to IMARC Group latest report titled" Ethoxylates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on ethoxylates market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global ethoxylates market size reached US$ 13.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.2 Billion by 2027, exhibiting a growth rate (CAGR) of 4.2% during 2022-2027.Ethoxylates refer to organic compounds that are produced by adding ethylene oxide (EO), epoxides, or other substrates, including acids, vegetable oils, alcohols, and amines, in the desired molar ratio. They are hydrophilic and hydrophobic in nature, that aids them in dissolving in water and oil, in accordance with the type of ethoxylate used in the process. They also help in reducing the surface tension between two different types of liquids or between liquids and gases while providing unique properties, such as good formulation, low aquatic toxicity, enhanced wetting ability, and improved water solubility. Some of the commercially available ethoxylates across the globe include fatty amine ethoxylates, fatty acid ethoxylates, glyceride ethoxylates, ethyl ester ethoxylates, and alcohol ethoxylates.
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Market Trends:
The escalating demand for ethoxylates from the industrial sector majorly drives the global market. This can be attributed to the increasing product utilization in the manufacturing of soaps and detergents, agriculture chemicals, paints and coatings, textile processing, ointments and emulsions, and personal care products. Since ethoxylates exhibit enhanced cleaning, foaming, dispersing, emulsifying, and wetting properties, there has been a significant increase in their adoption across the globe. Apart from this, several key players are introducing low-rinse product variants, such as methyl ester ethoxylates, that help in reducing water wastage, which is acting as a growth-inducing factor. Moreover, the advent of sustainably sourced ethoxylates that require fewer raw materials and lesser manufacturing costs is creating a positive market outlook. Some other factors driving the market include rapid industrialization and the emerging chemical industry.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/ethoxylates-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
• Akzo Nobel N.V.
• Arkema
• BASF SE
• Dow Chemical Company
• Evonik Industries AG
• India Glycols Limited
• Mitsui Chemicals, Inc.
• SABIC
• Solvay
• Stepan Company
Ethoxylates Market Segmentation:
Our report has categorized the market based on region, product and application.
Breakup by Product:
• Alcohol
• Fatty Amine
• Fatty Acid
• Ethyl Ester
• Glyceride
• Others
Breakup by Application:
• Household and Personal Care
• Institutional and Industrial Cleaning
• Pharmaceutical
• Agrochemicals
• Oilfield Chemicals
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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