[138 Pages Report] The Ethoxylates Market is expected to reach USD 12.3 billion by 2021, at a CAGR of 3.33% from 2016 to 2021. Global market growth attributed to growing demand in household & personal care industry and increasing demand of low-rinse detergents.  China is the largest market for ethoxylates in Asia-Pacific due to plenty of raw material suppliers in these countries. Many household & personal cares, and agrochemicals companies set up their base in China in the recent years due to availability of cheap labor as well as technology. The next two largest markets – the US and Germany – will also offer significant growth opportunities.

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Alcohol ethoxylates lead the global ethoxylates market in 2015. Alcohol ethoxylates are also expected to witness the highest CAGR from 2016 to 2021 owing to the high demand from North America and Europe, due to the higher environment-friendliness as compared to other ethoxylates. The growing household & personal care, and oilfield industries in the Middle Eastern and Asia-Pacific region countries such as, China, Japan, and India is also driving the alcohol ethoxylates market.

The ethoxylates market is classified based on end-use industry into, household & personal care, pharmaceutical, agrochemicals, oilfield, and others. The market is led by the household & personal care end-use industry. Growing disposable incomes, and changing lifestyles of consumers is driving the demand for ethoxylates in the household & personal care industry.

Currently, the European region is the largest ethoxylates market, in terms of value, closely followed by the Asia-Pacific region. The Asia-Pacific region is characterized by the technological innovations in the ethoxylates industry and the presence of some of the major players in the region. North America is expected to witness a moderate growth rate.

The Asia-Pacific region is expected to be the fastest-growing ethoxylates market, which is backed by the high demand for ethoxylates in the household & personal care, and agrochemicals industries. The demand from major emerging countries such as, China, India, and South Korea also drives the ethoxylates market in the region.

Top key players such as, BASF SE (Germany), Royal Dutch Shell Plc (Netherlands), Huntsman International LLC (U.S.), Stepan Company (U.S.), Clariant AG (Switzerland), The Dow Chemical Company (U.S.), Sasol Ltd (South Africa), India Glycols Ltd. (India), Ineos Group Ltd. (Switzerland), and Solvay (Belgium) are currently leading the global ethoxylates market.

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