The growing demand in various industrial applications especially as surfactant, is expected to drive APAC fatty alcohol ethoxylate market in near future
Based on region, this market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa. Among the regional markets, Asia Pacific dominated the market, in 2016, and is expected to witness the fastest growth rate during the forecast period. China, India, Japan, and Indonesia are considered as major markets in this region. The growing end use industries such as, agriculture, textile, household, and personal care is driving the demand for fatty alcohol ethoxylates in the Asia-Pacific region. Growing demand for personal care products has also improved the demand for fatty alcohol ethoxylates in this region. Fatty alcohol ethoxylates are used as key as well as intermediate ingredients for manufacturing personal care products, including shampoos, shower creams, hair care, skin care, and other cosmetic products which are also adding to demand of fatty alcohol ethoxylates in this region. The personal care products and detergents market in Asia Pacific is increasing significantly due to a thriving middle class population and upsurge in disposable income. Furthermore, rising demand from household industry including disinfectants, soaps & detergents, household cleaners and industrial cleaners, are also increasing the demand of fatty alcohol ethoxylates. Apart from this, fatty alcohol ethoxylates are also used in textile industry as emulsification and solubilizing agent. Thus, the demand of fatty alcohol ethoxylates is directly proportional to the textile industry especially in this region.
On the other hand, Europe holds the second position for global fatty alcohol ethoxylate market followed by North America. Moreover, Latin America Middle East & Africa is an evolving region for fatty alcohol ethoxylate market due to increasing demand of fatty alcohol ethoxylate in various industries such as textiles, personal care, household, paper, and others. The growing demand in various industrial applications such as scouring, cleaning, emulsifying, foaming, and others is expected driving factor for the global fatty alcohol ethoxylate market in near future.
Segmentation
The global fatty alcohol ethoxylates market is segmented on the basis of derivatives, application, end users, and region. Based on the derivatives, the market is segmented into lauryl alcohol ethoxylates, ceto stearyl alcohol ethoxylates, stearyl alcohol ethoxylates, behenyl alcohol ethoxylates, oleyl cetyl alcohol ethoxylates, tridecyl alcohol ethoxylates, and others. Based on application, market is segmented into scouring, cleaning, emulsifying, foaming, and others. On the other hand, based on end user, the market is segmented into textiles, agriculture, personal care, household, paper, and others. Based on region, this market is segmented into APAC, North America, Europe, Latin America, and Middle East & Africa.
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Key Players
Key players of the Asia Pacific region in global fatty alcohol ethoxylates market are Rimpro-India (India), Shree Vallabh Chemicals (India), Saibaba Surfactants P Ltd. (India), GUJARAT CHEMICALS (India), Unitop Chemicals Pvt. Ltd. (India), India Glycols Limited (India) and others.
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