According to IMARC Group latest report titled” Ethoxylates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, o
According to IMARC Group latest report titled” Ethoxylates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on ethoxylates market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global ethoxylates market size reached US$ 14.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.7% during 2023-2028.
Ethoxylates represent organic compounds that are produced by adding epoxides or ethylene oxide (EO) to substrates, such as acids, amines, alcohols, and vegetable oils, in the desired molar ratio. They are hydrophilic and hydrophobic in nature, which assists in dissolving oil and water, depending on the category of ethoxylate used in the process. Owing to this, ethoxylates aid in lowering the surface tension between two additional types of liquids or between gases and liquids. In addition, they also offer other properties, including good formulation, wetting ability, high-water solubility, and low aquatic toxicity. As a result, ethoxylates find widespread applications in pharmaceuticals, household and personal care, oilfield chemicals, institutional and industrial cleaning, etc.
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The extensive product utilization across various end-use industries, such as paints and coatings, textile processing, personal care, agriculture, and pulp and paper, is among the primary factors driving the ethoxylates market. Besides this, the elevating requirement for these compounds in soaps, paints, adhesives, fabric softeners, inks, ski waxes, detergents, emulsions, anti-fogs, snowboard wax, and deinking of recycled papers, owing to their cleaning, emulsifying, foaming, wetting and dispersing properties, is further augmenting the market growth. Moreover, the introduction of low-rinse methyl ester ethoxylates by the leading manufacturers that produce low foam to reduce water wastage is also catalyzing the global market. Apart from this, these compounds play an essential role in personal care items, including cosmetics, shampoos, shower gels, hair conditioners, and toothpaste, which is acting as another significant growth-inducing factor. Furthermore, the rising product need for dyeing and finishing in the textile industry is expected to bolster the ethoxylates market in the coming years.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Akzo Nobel N.V.
- BASF SE
- Dow Chemical Company
- Evonik Industries AG
- India Glycols Limited
- Mitsui Chemicals, Inc.
- Stepan Company
Ethoxylates Market Segmentation:
Our report has categorized the market based on region, product and application.
Breakup by Product:
- Fatty Amine
- Fatty Acid
- Ethyl Ester
Breakup by Application:
- Household and Personal Care
- Institutional and Industrial Cleaning
- Oilfield Chemicals
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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