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Ethoxylates Market Trends, Key Drivers And Outlook Report 2033
Ethoxylates Market
The Business Research Company presents an extensive market research report on the 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 ethoxylates market size has grown strongly in recent years. It will grow from $13.63 billion in 2023 to $14.32 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to demand from diverse industries, surfactant applicationsv, textile and leather industries, agricultural sector demand, industrial applications..
The ethoxylates market size is expected to see strong growth in the next few years. It will grow to $17.47 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to raw material availability, energy sector utilization, trade and globalization, innovation and research development, regulatory landscape.. Major trends in the forecast period include product innovation and differentiation, supply chain resilience, versatility in household cleaning, environmentally friendly formulations, rising demand in personal care..
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Key Market Players:
Major companies operating in the ethoxylates market report are BASF SE, Huntsman International LLC, Clariant AG, Sasol Limited, Ineos Group Ltd., Nouryon, Evonik Industries AG, Mitsui Chemicals Inc., Royal Dutch Shell plc, Stepan Company, The Dow Chemical Company, India Glycols Ltd., Solvay S.A., Arkema S.A., Saudi Basic Industries Corporation (SABIC), PJSC Nizhnekamskneftekhim, Akzo Nobel N.V., Croda International plc, Procter & Gamble Company, Unilever plc, Lubri-Graph Corporation, PTT Global Chemical Public Company Limited, Lion Corporation, Galaxy Surfactants Pvt. Ltd., Tianjin Bohai Chemical Industry Group Corporation, Aarti Industries Limited, Indorama Ventures Public Company Limited, Reliance Industries Limited, Jiahua Chemicals Inc., Kao Corporation, DuPont de Nemours Inc., Taiwan NJC Corporation
Market Drivers:
An increase in demand from the oil and gas industry is expected to boost the growth of the ethoxylates market going forward. The oil and gas industry are involved in exploration and production of oil and gas. Rising demand for ethoxylates from the oil and gas industry due to their uses in the drilling fluid. 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) from 2019 levels to 104.1 mb/d by 2026. Therefore, an increase in demand from the oil & gas Industry is driving the growth of the ethoxylates market.
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https://www.thebusinessresearchcompany.com/report/ethoxylates-global-market-report
The ethoxylates market covered in this report is segmented -
1) By Product: Alcohol, Fatty Amine, Fatty Acid, Ethyl Ester, Glyceride, Other Products
2) By Application: Household And Personal Care, Institutional And Industrial Cleaning, Pharmaceutical, Agrochemicals, Oilfield Chemicals, Other Applications
3) By End-Use: Detergents, Personal Care, Ointments And Emulsions, Herbicides, Insecticides, Foam Control And Wetting Agents, Lubricants And Emulsifiers, Other End-Uses
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?
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