The global sales of alcohol ethoxylates are projected to grow at a moderate CAGR of around 4.2% between 2022 and 2032. Rising demand for alcohol ethoxylates across diverse end-use industries such as home & personal care, oil & gas, and pharmaceuticals is driving the growth of the alcohol ethoxylates market.
Report Attribute | Details |
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Alcohol Ethoxylates Market Projected Growth Rate (2022 to 2032) | 4.2% CAGR |
Alcohol ethoxylates are a class of non-ionic surfactants synthesized from the reaction between alcohols of oleochemical or petrochemical with ethylene oxide. They act as solubilizing and wetting agents, emulsifiers, detergents, dispersants, and degreasers and are commonly used in commercial and industrial applications.
These ethoxylates are hydrophobic in nature and are widely used as surfactants across leading industries. They possess versatile properties like excellent detergency and low foaming formation.
Alcohol ethoxylates find their applications in myriad applications such as agrochemicals, paints, coatings, cleaning products, personal care products, etc. Rising demand for high-grade industrial and domestic detergents and cleaners is providing a major impetus to the growth of the alcohol ethoxylates market.
Consumers are increasingly opting for alcohol ethoxylate-based surfactants because of their low foaming properties, minimum toxicity, and eco-friendly nature. They are gradually replacing other products like nonylphenol ethoxylates in domestic and industrial applications. These alcohol ethoxylates facilitate cleaning by reducing the surface tension between the clothes or objects and the wash water, thereby helping in removing dirt or stain.
Factors like rising investments by market players in research and development activities, increasing consumption of detergents in residential and industrial sectors, and surging demand for biodegradable products will further expand the size of alcohol ethoxylates during the forecast period.
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The exponential growth of end-use industries such as agrochemicals, pharmaceutical, and home & personal care, rapidly growing population, and rising demand for low rinse detergents and biodegradable surfactants are some of the major factors driving the alcohol ethoxylates market.
As the world population continues to rise drastically, demand for household and personal care products is gaining huge momentum. People are spending large amounts on detergents, soaps, shampoos, and several other products. As most of these products contain alcohol ethoxylates in their composition, the expansion of the home and personal care industry will therefore continue to push the sales of alcohol ethoxylates during the forecast period.
Similarly, rising environmental concerns regarding the high toxicity levels of some ethoxylates are encouraging the adoption of biodegradable and more eco-friendly products like alcohol ethoxylates. In fact, alcohol ethoxylates have become the most commonly used surfactants across industrial and commercial applications. The rising shift towards utilizing eco-friendly products supported by the implementation of stringent government regulations will continue to spur the growth of the alcohol ethoxylates market in the future.
Products like fatty alcohol ethoxylate and lauryl alcohol ethoxylate have become standard cleaning agents in industrial applications on account of their low toxicity levels and effective nature.
In addition to this, increasing demand for alcohol ethoxylates across paints & coatings and oil & gas industries will further generate growth opportunities within the alcohol ethoxylates market during the forecast period. Alcohol ethoxylates are being extensively used as pigment-dispersing agents in the paints and coating industry.
Despite its optimistic stance, the alcohol ethoxylates industry is facing various challenges that are restraining its growth to a large extent. One such factor is the availability of alternative products at lower costs.
Various industries are still using products like nonylphenol ethoxylates for the production of detergents, soaps, and other cleaning agents. This is becoming a major impediment to the growth of the alcohol ethoxylate market.
Similarly, volatility in raw material prices is also limiting the growth of the alcohol ethoxylates market.
With the surging adoption of household and personal care products, the alcohol ethoxylates market in the Asia Pacific is projected to register the fastest growth during the forecast period from 2022 to 2032.
During the last few years, the demand for low-foaming detergents and cleaners has witnessed huge upsurges in countries like China and India due to increasing population, rising disposable income, and rapid urbanization. In fact, China and India are the largest consumers of soaps and detergents in the world. This is emerging as a major factor boosting the growth of the alcohol ethoxylates market in the region.
Similarly, the rapid expansion of end-use industries and rising environmental concerns are projected to generate growth opportunities for market players in the future.
According to Future Market Insights, North America is set to account for a significant share of the global alcohol ethoxylates market by 2032. Growth in the region is attributed to the heavy presence of market players, growing consumer inclination towards using eco-friendly and low-foam detergents, and increasing adoption of alcohol across the pharmaceutical and oil & gas industries.
Alcohol ethoxylates are currently some of the most commonly manufactured and utilized nonionic surfactants across countries like the USA and Canada. They are generally used in consumer and industrial products such as detergents and cleaners.
The implementation of stringent regulations on the use of toxic surfactants is also fueling the adoption of substances like alcohol ethoxylates across the North American region.
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Some of the key participants present in the global alcohol ethoxylates market include Evonik, SABIC, Venus Ethoxyethers Pvt., Ltd., P & G Chemicals, Oxiteno, Akzo Nobel N.V., Enaspol A.S., HELM AG, Royal Dutch Shell, Sasol, Saibaba Surfactants Pvt. Ltd., Stepan Company, Rimpro India, Qingdao Ocean Import and Export Co., Ltd, Frank LIU Shanghai Terppon Chemical Co., Ltd.
The alcohol ethoxylates market is highly competitive in nature due to the large presence of domestic and regional players. These players are continuously focusing on expanding their product portfolios in order to increase their customer base. Besides this, they are working in collaboration with end-use industries for developing solutions that meet their specific requirements.
Report Attribute | Details |
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Growth Rate | CAGR of 4.2% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Product Type, Source, Function, End-Use Industry, Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Asia Pacific excluding Japan; Japan; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
Key Companies Profiled | Evonik; SABIC; Venus Ethoxyethers Pvt., Ltd.; P & G Chemicals; Oxiteno; Akzo Nobel N.V.; Enaspol A.S.; HELM AG; Royal Dutch Shell; Sasol, Saibaba Surfactants Pvt. Ltd.; Stepan Company; Rimpro India; Qingdao Ocean Import and Export Co., Ltd; Frank LIU Shanghai Terppon Chemical Co., ; Ltd. |
Customization | Available Upon Request |
FMI projects the global alcohol ethoxylates market to expand at around 4.2% value CAGR by 2032.
Asia Pacific is projected to emerge as the most lucrative market for alcohol ethoxylates during the forecast period.
Evonik, SABIC, Venus Ethoxyethers Pvt., Ltd., P & G Chemicals, Oxiteno, Akzo Nobel N.V., Enaspol A.S., HELM AG, Royal Dutch Shell, Sasol, Saibaba Surfactants Pvt. Ltd. are some prominent alcohol ethoxylates manufacturers
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Carbon Chain Length 5.1. C9-11 5.2. C11-15 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 6.1. Surfactant 6.2. Detergent 6.3. Wetting Agent 6.4. Emulsifier 6.5. Emollient 6.6. Other Applications 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-Use Industry 7.1. Paints & Coatings 7.2. Agrochemical 7.3. Home & Personal Care 7.4. Oil & Gas 7.5. Chemicals 7.6. Others 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia & Pacific 8.6. Middle East and Africa 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. P&G Chemicals 17.2. Croda International Plc 17.3. Dow Inc. 17.4. Evonik Corporation 17.5. Huntsman International LLC 17.6. The Lubrizol Corporation 17.7. Thai Ethoxylate Company Limited (TEX) 17.8. EMCO Dyestuff 17.9. Sasol Performance Chemicals 17.10. Enaspol a.s. 17.11. Oxiteno 17.12. Shell plc 17.13. Godrej Industries 17.14. NIPPON SHOKUBAI CO., LTD 17.15. Unitop Chemicals Pvt. Ltd. 18. Assumptions & Acronyms Used 19. Research Methodology
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