Ethoxylates Market Size, Share, Growth Analysis And Forecast 2024 - 2030
The global ethoxylates market size was valued at USD 12.1 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2030.
The factors driving the ethoxylates market are increasing applications across diverse industries, ranging from paints and coatings and textile processing to personal care, agriculture, and pulp and paper. There is also increasing demand for low-rinse detergents, surging demand for ethoxylates in the healthcare industry, and increasing demand for eco-friendly products such as alcohol ethoxylates in cosmetics.
Ethoxylates are chemicals made by combining epoxides or ethylene oxide (EO) with substances such as alcohols, acids, amines, and vegetable oils at the preferred molar ratio. Their hydrophobic and hydrophilic characteristics allow them to dissolve in oil or water, depending on the specific ethoxylate utilized. Due to this, they reduce the surface tension between liquids of different types or between liquids and gases. In addition, they provide other characteristics, including being easily dissolved in water, effective formulation, ability to wet surfaces, and minimal harm to aquatic life.
Gather more insights about the market drivers, restrains and growth of the Ethoxylates Market
Ethoxylates Market Report Highlights
• In terms of revenue, Asia Pacific is expected to emerge as the fastest growing regional market over the forecast period
• The alcohol product segment held the largest revenue share of 48.4% in 2019
• Asian countries, particularly India and China, are likely to witness remarkable growth in next few years
• The industry is fragmented and competitive with the presence of major global players, such as BASF SE, DuPont, Croda International Plc., Dow, and Huntsman Corporation LLC
• Growing demand for industrial and institutional cleaners is expected to drive the product consumption over the forecast period.
Browse through Grand View Research's Organic Chemicals Industry Research Reports.
• The global acrylic acid market size was valued at USD13.66 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2030.
• The global surfactants market size was valued at USD 43.2 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2030.
Ethoxylates Market Segmentation
Grand View Research has segmented the global ethoxylates market report based on product, application, end use, and region.
Product Outlook (Revenue, USD Million, 2018 - 2030)
• Alcohols
• Fatty Amines
• Fatty Acids
• Ethyl Esters
• Glycerides
• Others
Application Outlook (Revenue, USD Million, 2018 - 2030)
• Household & Personal Care
• I&I Cleaning
• Pharmaceutical
• Agrochemicals
• Oilfield Chemicals
• Others
End Use Outlook (Revenue, USD Million, 2018 - 2030)
• Detergents
• Personal Care
• Ointments & Emulsions
• Herbicides
• Insecticides
• Foam Control & Wetting Agents
• Lubricants & Emulsions
• Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
• Asia Pacific
o China
o Japan
o India
o South Korea
• Latin America
o Brazil
o Argentina
o Colombia
• Middle East and Africa (MEA)
o Saudi Arabia
o UAE
o South Africa
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