Ethoxylates Industry Growth, Global Size, Opportunities, Key Producers, Share, Trends, Segmentation, Regional Graph Analysis and Forecast

Ethoxylates are a class of surfactants derived from ethylene oxide (EO) and an alcohol or phenol. In the ethoxylation process, ethylene oxide molecules react with the hydroxyl (OH) group of the alcohol or phenol to form a chain of repeating ethylene oxide units. This results in the formation of ethoxylates, which possess excellent surface-active properties, making them widely used in various industrial and consumer applications, including detergents, personal care products, agrochemicals, and pharmaceuticals. Ethoxylates can vary in their properties depending on factors such as the type of alcohol or phenol used and the degree of ethoxylation.

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The report "Ethoxylates Market by Type (Alcohol, Fatty Amine, Fatty Acid, Methyl Ester, Glyceride), Application (Agrochemicals, Household & Personal Care, Pharmaceutical, Oilfield Chemicals), Region - Global Forecast to 2021", was projected to reach USD 12.37 Billion by 2021, at a CAGR of 3.33%. The growing demand for ethoxylates in the household & personal care, and pharmaceutical industries, and shift in consumer lifestyles, is expected to drive the market in the future.

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.

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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.

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The leading market players in the global ethoxylates market 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) and others.