Ethoxylates Market Size By Product (Alcohol [Natural Alcohol Ethoxylates, Synthetic Alcohol Ethoxylates], Fatty Amine, Fatty Acid, Methyl Ester, Glyceride), By Application (Household & Personal Care [Laundry & Dishwashing Detergent, Industrial & Institutional Cleaning, Personal Care], Agrochemicals [Herbicides, Fungicides, Insecticides], Oil & Gas [Foam Control & Wetting Agents, Lubricants & Emulsifiers], Pharmaceuticals) Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
The global ethoxylates market is set to record a period of remunerative growth over the coming years owing to the product’s growing application scope across a number of high-revenue industries such as personal care, pharmaceuticals, and oil & gas among others.
Ethoxylates are some of the most prominent surfactants that are used across a plethora of industrial processes. They are produced through the ethoxylation process. The ethoxylation process involves mixing ethylene oxide with compounds that have labile hydrogen, which causes a chemical reaction.
Fatty acids and fatty alcohols are two of the most popular types of compounds that are typically used in the industrial ethoxylation processes to create the surfactants. In fact, fatty alcohol as well as fatty acid ethoxylates are among the two prominent surface active surfactant product variants that are used in emulsifying, cleaning, scouring, wetting, and a number of other applications throughout industries.
The ethoxylates market landscape is categorized on the basis of product, application, and regional landscape.
In terms of product, the overall market is divided into alcohol, fatty amine, fatty acid, methyl ester, and glyceride. Among these, the fatty acid segment products can be used as wetting agents, cleaning agents, emulsifying softeners, as well as dispersant. Owing to the aforementioned factors, the product finds tremendous application throughout the global textile industry, which is earmarked to hold a significant influence over the industry growth over the coming years.
Methyl ester segment is also poised to register remunerative gains over the forecast time period. Methyl ester ethoxylates can work as excellent emulsifier and detergent. They also help in building viscosity in low active formulations, fueling product adoption considerably.
Glyceride ethoxylates are also forecast to witness lucrative gains over the coming years. Glyceride ethoxylates are considered effective as well as safe nonionic emulsifiers, which find substantial usage in the agrochemicals sector.
Based upon application, the market is bifurcated into household & personal care, agrochemicals, oil & gas, pharmaceuticals, and others, which includes paints, textiles, and leather. Among these, the pharmaceuticals application segment is set to experience a remunerative growth trend over the projected timeframe. The product is used extensively in pharmaceutical ointments, creams, and lotions.
The others application segment is also expected to witness appreciative growth over the coming years. Ethoxylates are used as dye dispersants, lubricants, and as emulsifying, wetting, dye leveling agents.
From a geographical reference frame, the Latin America ethoxylates market is slated to witness a favorable growth trend that is likely to bring in considerable revenue gains. The rapid rise in the demand for household detergents across the region is slated to create the aforementioned growth impetus for the market.
The MEA ethoxylates market is also set to witness appreciable gains over the coming years. Increasing oil & gas production accompanied by cost effectiveness of ethoxylates will fuel the regional share.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook