Press release
Ethoxylates Market Trend, Regional Outlook & Forecast by 2017 - 2024.
Ethoxylates Market size may grow significantly during the forecast timeframe. Increasing application scope in pharmaceutical, agrochemicals, and personal care should drive industry growth.
They are organic compounds that are produced by mixing phenols and alcohols with ethylene oxide and potassium hydroxide as a catalyst. Alcohol ethoxylates are modified into related compounds known as ethoxysulfates. These compounds are known as surfactants which have various applications in laundry detergents, cosmetics, pharmaceutical, surface cleaners, textiles, agricultural products and paints sectors.
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Glycerine ethoxylates market size may witness favorable gains over the forecast timeframe. Strong application scope in cosmetic, adhesives and construction industries. In the construction industry, it is used as emulsifier to improvise penetration.
Positive application outlook in personal care and cosmetic sectors should drive ethoxylates market size over the forecast period. They are widely used as solvents while manufacturing cosmetics product, as they are non-ionic in nature and have good emulsifying characteristics. Global cosmetic market should witness above average gains at 5.5% by 2024. Personal care products are including lotions, hair dyes, skincare, hair care, perfumes and deodorants. Hair care products accounted for over 25% of the total market share in 2016. Castor oil and alcohol ethoxylates are few product types that are used in the personal care and cosmetics industry.
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Nonylphenol ethoxylates (NPE) are hazardous chemicals which pose threat to the human health and may hamper the overall market growth resulting in decreasing household sector growth. NPE is preferably used in textile manufacture as a dyeing, rinsing, and cleaning agent. Strict government norms by EPA regarding NPE usage may drive industry growth.
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North America, led by the U.S. ethoxylates market size may witness steady growth over the foreseeable future. Prevalence of strict regulations have forced customers to switch to alcohol ethoxylate detergents to overcome NPE toxic substances.
Global ethoxylates market share is moderately fragmented. Key market players operating in the business includes Sasol Olefins & Surfactants, The Dow Chemical Company, BASF, Ineos Group, Shell Chemicals, Clariant, Huntsman International, India Glycols, and Air Products & Chemicals. Most of the companies are focusing towards strengthening their business and enhance product portfolio. Additionally, companies are capturing market share to increase palm, coconut, and tallow oil production capacity to various end-use industries.
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Summary
Gen’s report, ‘Global Nonylphenol Ethoxylates (NPE) Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016-2021’ provides detailed market and segment level data on the Global and Chinese consumption of Nonylphenol Ethoxylates (NPE). The report provides historic, forecast and growth patterns by company, country and type/application from 2016 to 2021.
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