Ethoxylates Market projected to exceed USD 12.37 Billion by 2021


Posted January 15, 2019 by armaan007

Ethoxylates Market expected to stand at USD 12.37 Billion by 2021, at a CAGR of 3.33%, between 2016–2021

 
 [138 Pages Report] The Ethoxylates Market was valued at USD 10.16 Billion in 2015 and is projected to reach USD 12.37 Billion by 2021, at a CAGR of 3.33% from 2016 to 2021. In this report, 2015 is considered the base year and the forecast period is from 2016 to 2021.

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Alcohol ethoxylates accounts for the largest share in the ethoxylates market

The global ethoxylates market is segmented based on type, into alcohol, fatty acid, fatty amine, methyl ester, glyceride, and other ethoxylates. In 2015, alcohol ethoxylates captured the maximum share of the overall market; and are also expected to grow at the highest CAGR during the forecast period. Alcohol ethoxylates are considered more environment friendly as compared to other ethoxylates, due to their easy biodegradability. Alcohol ethoxylates are the most widely used type of non-ionic surfactants.

Growing demand from the household & personal care industry to boost the ethoxylates market

The major end-use industries of ethoxylates are, household & personal care, pharmaceutical, agrochemicals, oilfield, and others. The demand for ethoxylates in the pharmaceutical industry is projected to grow at the highest CAGR during the forecast period. The growth in this industry is driven by the growing healthcare sector in developed and emerging economies.

Asia-Pacific: The fastest growing ethoxylates market

The global ethoxylates market is segmented into five regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The European region is the largest Ethoxylates Market, closely followed by the Asia-Pacific region, in terms of value. The growing end-use industries such as, agrochemicals and household & personal care is driving the demand for ethoxylates in the Asia-Pacific region.

The major manufacturers of ethoxylates are, 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). Ethoxylates are then either sold directly to the end-users or to distributors.  The major end-use industries of ethoxylates are household & personal care, pharmaceutical, agrochemicals, oilfield, and others.

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Issued By Markets And Markets
Country India
Categories Agriculture , Industry , Medical
Tags ethoxylates , ethoxylates applications , ethoxylates industry , ethoxylates manufacturers , ethoxylates market , ethoxylates types
Last Updated January 15, 2019