Press release
Alcohol Ethoxylates Market Growth Trends, Size, Industry Report And Forecast 2033
Alcohol Ethoxylates Market
The Business Research Company presents an extensive market research report on the Alcohol Ethoxylates Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The alcohol ethoxylates market size has grown strongly in recent years. It will grow from $6.34 billion in 2023 to $6.69 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to growing demand in cleaning products, surfactant applications, versatility in formulations, industrial & institutional cleaning, textile processing demand..
The alcohol ethoxylates market size is expected to see strong growth in the next few years. It will grow to $8.26 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to rising demand in cleaning products, diverse surfactant applications, versatile formulations, textile processing growth, agricultural sector demand.. Major trends in the forecast period include health and safety awareness, customization and tailored solutions, cost-effectiveness and performance, preference for biodegradable solutions, global market expansion..
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Key Market Players:
Major companies operating in the alcohol ethoxylates market report are Shell plc, Sasol Limited, Clariant AG, BASF SE, Saudi Basic Industries Corporation, Evonik Industries AG, Dow Chemical Company, Huntsman Corporation, India Glycols Limited, Mitsui Chemicals Inc., Solvay SA, Stepan Company, ChemPoint.com Inc., Venus Ethoxyethers Pvt. Ltd., Oxiteno SA, Enaspol Inc., Helm AG, Nouryon BV, INEOS Group Limited, AkzoNobel N.V., Procter & Gamble Co., Kemipex, Saibaba Surfactants Pvt. Ltd., Geo Specialty Chemicals Inc., Kuala Lumpur Kepong Berhad group, Kao Corporation, Croda International Plc, Galaxy Surfactants Ltd., Unger Fabrikker AS, Lion Corporation, PCC Chemax Inc., Sasol Germany GmbH, Unilever plc
Market Drivers:
An increase in demand from the oil and gas industry is expected to boost the growth of the alcohol ethoxylates market going forward. Oil and gas refer to the industry that deals with the process of exploration, extraction, refining, transportation, and marketing of petroleum products. Rising demand for alcohol ethoxylates from the oil and gas industry due to the strong stabilizing capabilities of oil-water emulsions is one important factor projected to push the expansion of the global market for alcohol ethoxylates. For instance, according to the report published by International Energy Agency (IEA), a France-based inter-governmental organization, in 2021, global oil consumption is anticipated to increase by 4.4 mb/d (millions of barrels per day) to 104.1 mb/d by 2026. Therefore, an increase in demand from the oil and gas industry is driving the growth of the alcohol ethoxylates market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/alcohol-ethoxylates-global-market-report
The alcohol ethoxylates market covered in this report is segmented -
1) By Product: Fatty Alcohol Ethoxylates, Lauryl Alcohol Ethoxylates, Linear Alcohol Ethoxylates, Other Products
2) By Source: Natural, Synthetic
3) By Application: Emulsifier, Dispersing Agent, Wetting Agent, Other Applications
4) By End-Use: Cleaning, Metal Working, Textile Processing, Paper Processing, Agrochemicals, Pharmaceuticals, Other End-users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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