Global Ethoxylates Market Share Is Likely To Reach At A CAGR Value Of Around 3.5% By 2028

12-Sep-2022 | Facts and Factors

According to Facts and Factors, the global ethoxylates market size was worth around USD 13.3 billion in 2021 and is predicted to grow to around USD 17.0 billion by 2028 with a compound annual growth rate (CAGR) of roughly 3.5% between 2022 and 2028.

Ethoxylates are composites produced when ethylene oxide is used to treat alcohols and phenols while using potassium hydroxide as a catalyst. Ethoxylation results in the production of ethoxylates. Ethoxylation involves preparing ethylene oxide to react with substances that have labile hydrogen. These surfactants don't have ions in them. The demand for ethoxylates is growing in the personal care, industrial & institutional cleaning, pharmaceutical, agrochemical, and oilfield chemical industries, which are driving the global ethoxylate market significantly. They have a wide range of industrial applications because of their exceptional water solubility, low aquatic toxicity, good formulation, and superior wetting ability.

Browse the full “Ethoxylates Market Size, Share, Growth Analysis Report By Type (Alcohol, Fatty Amine, Fatty Acid, Ethyl Ester, Glyceride, and Others), By Application (Household & Personal Care, Institutional & Industrial Cleaning, Pharmaceutical, Agrochemicals, Oilfield Chemicals, and Others), By End-use (Detergents, Personal Care, Ointments & Emulsions, Herbicides, Insecticides, Foam Control & Wetting Agents, Lubricants and Emulsifiers, and Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/ethoxylates-market

The increased consumer awareness of personal care and cleanliness is what is driving the global ethoxylate market. Ethoxylates are frequently found in hair care products including shampoos and conditioners because they aid in foaming, take away oil, and give the skin a feeling of being exceptionally clean. In addition, it is predicted that the market will be supported in the forecast period by the increased demand for ointments in the pharmaceutical industry. Ethoxylates are also employed in the textile sector for scouring, dyeing, and lubricating. Additionally, it is predicted that the market would increase in the upcoming years as a result of the main manufacturers' growing investments and research & development activities.

The global ethoxylates market is segmented based on type, application, end-use, and region.

The global market is divided into alcohol, fatty amine, fatty acid, ethyl ester, glyceride, and others based on their types. The leading market share belonged to alcohol ethoxylates, and they are anticipated to continue to dominate during the projection period. One of the primary materials utilized in the manufacture of surfactants is Alcohol Ethoxylates (AE). The largest downstream market for fatty alcohols is also found there. They are advantageous for use in formulations of laundry detergents because of their fast biodegradation, enhanced cleaning of synthetic textiles, and tolerance to water hardness.

Based on the application, the market is categorized into household & personal care, institutional & industrial cleaning, pharmaceutical, agrochemicals, oilfield chemicals, and others. In 2021, household & personal care accounted for the major revenue share. During the projected period, dominance is anticipated in this sector. The industry is expanding because many household cleaning products, including glass cleaners, carpet cleaners, oven cleansers, air fresheners, liquid & powdered laundry detergents, dishwashing gels & detergents, fabric conditioners, and hard surface & floor cleaners, widely use it.

The global market is divided into detergents, personal care, ointments & emulsions, insecticides, herbicides, wetting agents for foam, lubricants & emulsifiers, and others based on end-use. During the forecast period, it is anticipated that the detergent category would rule. When applied to products, natural ethoxylates are gentle and do not affect human skin. As a result, several detergent manufacturers are moving toward formulating their products with ethoxylates derived from natural sources. Because they are inert, non-toxic, non-corrosive, and frequently have a high flash point that doesn't harm marine life, ethoxylates are also advantageous for the environment. Hence, accelerating the growth of the end-use segment.

The market for ethoxylates may be segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa based on geography. In 2021, Europe had the biggest market share, and it is anticipated that it would continue to dominate during the projection period. The increase in demand from the personal care, pharmaceutical, and home & industrial cleaning industries is attributed to the region's expansion. People's better lifestyles and growing awareness of the importance of personal hygiene have spurred the consumption of personal care products. Demand for the product is predicted to be driven throughout the projection period by enhanced efforts and initiatives by governments as well as the European Commission to revitalize the end-use markets for ethoxylates, including medicines and agrochemicals.

Report Scope

The global ethoxylates market is dominated by players like BASF, Royal Dutch Shell Plc, Huntsman International LLC, Stepan Company, Clariant AG, The Dow Chemical Company, Sasol Ltd, India Glycols Ltd., Ineos Group Ltd., and Solvay.

Recent Developments:

• In January 2019, the French ethoxylation facility owned by Wilmar has been purchased by INEOS Oxide. By using this strategy, INEOS will be able to grow its European ethoxylates business. The business wants to boost the plant's ethylene oxide manufacturing capacity to 270 KT.
• In June 2020, Altivia Oxide Chemicals, an affiliate of ALTIVIA Petrochemicals, acquired KMCO and its associated chemical ethoxylation manufacturing assets in Crosby, Texas.

The global ethoxylates market is segmented as follows:

By Type

• Alcohol
• Fatty Amine
• Fatty Acid
• Ethyl Ester
• Glyceride
• Others

By Application

• Household & Personal Care
• Institutional & Industrial Cleaning
• Pharmaceutical
• Agrochemicals
• Oilfield Chemicals
• Others

By End-use

• Detergents
• Personal Care
• Ointments & Emulsions
• Herbicides
• Insecticides
• Foam Control & Wetting Agents
• Lubricants and Emulsifiers
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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