Press release
Global Ether Carboxylates Market: Analysis, Trends, and Forecasts by 2023 with a CAGR of 5.2%
Ether Carboxylates Market
The Ether Carboxylates market has experienced remarkable growth over the past few years owing to its widespread use as a crosslinking agent, surfactant, antistatic agent, and lubricant in various industries. Ether carboxylates are also used for making detergents, dispersants, and solubilizers.
Market Size:
The global ether carboxylates market size was valued at USD 1.26 billion in 2015 and is expected to reach USD 1.89 billion by 2023, growing at a CAGR of 5.2% from 2015 to 2023. The increasing demand for personal care products such as shampoos, shower gels, and soaps is driving the demand for ether carboxylates in the market.
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One of the unsaturated and epoxy compounds with carboxyl groups as well as carboxyl group-containing compounds is the carboxyl group-containing compound that is present in the reaction.
Ether carboxylates are a common ingredient in superplasticizers as well as personal care products, admixtures used in construction, and surfactants. Ether carboxylate acts as a surfactant and under high temperature and high salinity circumstances results in an ultralow interfacial tension (IFT). Due to their stability in electrolytes, alkalis, and hard water as well as their effective wetting and detergent capabilities, they are widely used in the textile sector.
As compared to cold process soaps, ether carboxylates are less sensitive to hard water and more soluble in water. In addition, they impart good wetting and foam stabilizing properties as well as provide creaminess and mildness in the finished products. Owing to their property of being substantive to hair and skin, ether carboxylate exhibits a conditioned feeling to the human body. When combined with alkyl ether sulfates such as sodium laureth sulfate, they are used for manufacturing shampoos on account of their compatibility with cationic ingredients.
The global market for ether carboxylate has been witnessing a significant increase on account of growth of its application industries such as personal care and surfactants. Ether carboxylate shares a wide application scope in various industries such as soaps, detergents, textiles, shampoos, and plasticizers among others.
In addition, bio-based surfactants has emerged as one of the major opportunities for the growth of the surfactant industry due to growing awareness among consumers towards eco-friendly products which in turn has contributed towards the growing demand for ether carboxylate in surfactants. Major applications of ether carboxylate-based surfactants include detergents, pharmaceuticals, textile and personal care among others.
Other applications of ether carboxylate include the manufacturing of plasticizers. The market for ether carboxylate in plasticizer has been witnessing significant growth on account of emerging economies and changing lifestyles. In addition, rising environmental awareness coupled with increasing legal provisions have been serving as catalysts for the plasticizers market in certain emerging economies such as India, China, Russia and Brazil.
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While matured regions such as North America and Europe accounted for the highest demand for ether carboxylate due to presence of vast and skin care and hair care industries, emerging regions such as Asia Pacific are anticipated to witness the fastest growth over the next few years on account of vast textile industries in economies such as China as well as growing demand for personal care products. Various factors such as rising awareness regarding healthy hair and skin among consumers as well as changing lifestyles are expected to boost the demand for personal care products which in turn is anticipated to contribute towards the demand for ether carboxylate. Growing demand for personal care products such as skin care and hair care on account of increasing awareness for healthy skin and hair is anticipated to be on the major factors driving the market for ether carboxylate.
However, fluctuating prices of key feedstock materials has been major concern for the manufacturers and is expected to limit the growth of the market. Focus on commercializing and developing cost-effective bio-based surfactants using ether carboxylate is anticipated to provide new opportunities for the growth of the market.
BASF SE, Huntsman Corporation, KAO Corporation, and Nippon Shokubai Co., Ltd. are some of the key manufacturers of ether carboxylate present in the market.
This report covers a thorough analysis of:
• Market segment
• Market dynamics
• Market size
• Supply demand
• Current Trends/Issues/Challenges
• Competition and related companies
• Technology
• Value chain
Regional analysis includes:
• North America (USA, Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, UK, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia and New Zealand)
• Japan
• Middle East and Africa (GCC countries, South Africa, North Africa)
Report highlights:
• Detailed overview of the top markets
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• competitive landscape
• Strategies of major players and products provided
• Potential and niche segments, areas showing promising growth
• A neutral view of market performance
• Essential information for market participants to maintain and strengthen their market footprint
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The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.
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