The Global Ethoxylates Market is projected to reach a value of over USD 14.1 billion by 2027 at a CAGR of around 2.8%.
Ethoxylates are organic compounds that are manufactured by treatment of alcohols and phenols with ethylene oxide in the presence of catalyst namely potassium hydroxide. They are usually obtained by the addition of ethylene oxide (EO) to compounds comprising dissociated protons. Ethoxylates are more prominently used in a variety of industries due to their emulsifying properties. Ethoxylates are used as intermediates during the manufacture of detergents, surface cleaners, cosmetics, and paints. Textile processing, paints & coatings, agriculture, pulp & paper, and personal care industries are the major end-users of ethoxylates. Ethoxylates are used widely in industrial applications due to high water solubility, good formulation, low aquatic toxicity, and excellent wetting ability.
Market Driver:
The low-rinse detergent demand is increasing significantly in various end-use industries, owing to low-foaming detergents is a strong cleaner than the high-foaming detergents, and its level of foam produced does not correlate with the cleaning power of detergents. They do not ionize in solution and thus have no electrical charge; they are resistant to hardness is a major reason behind the popularity of low-rinse detergents. Companies are focusing on developing low-rinse products such as methyl ester ethoxylates, as these products produce low foam which also helps in reducing water usage. These low-foaming detergents are preferred for washing machines, automatic dishwashing machines, and rinse aids. Ethoxylates are mainly non-ionic surfactants, so with the increasing demand of non-rinse detergents, the demand of ethoxylates is also increasing. Thus, the increasing demand for low-rinse detergent is expected to boost the global ethoxylates market.
Market Restraint:
There are many personal care and household products, which are manufactured by using alternatives to ethoxylates. At present, ethoxylates are growing at a moderate growth rate across the globe. With the increasing usage of substitute products in household & personal care products, the demand for ethoxylates will also decrease. Some of the ethoxylates, for instance, Nonylphenol are toxic in nature, due to which they are banned in many countries. The major substitutes of ethoxylates are sodium lauryl sulfate, sodium laureth sulfate, and ammonium laurel sulfate. The market share of these substitute products is increasing, which is a barrier to the growth of ethoxylates in developed nations. Hence, the ethoxylates market has less potential in developed countries although they have high penetration in household & personal care products. Thus, the low potential of ethoxylates in developed countries is to act as a major restraint towards the growth of the market.
The report on the Ethoxylates market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) and Volume (Kiloton) |
Segments Included |
Type, End-Use Industry, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Ethoxylates Market, by Type
Ethoxylates Market, by Application
Ethoxylates Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE ETHOXYLATES MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY