Ethoxylates Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Alcohol Ethoxylates, Fatty Amine Ethoxylates, Fatty Acid Ethoxylates, Methyl Ester Ethoxylates, Glyceride Ethoxylates, Others), By End User (Household & Personal Care, Pharmaceutical, Agrochemicals, Oilfield Chemicals, Others), By Region, and Competition

October 2023 | 177 pages | ID: EF4B2C8FD644EN
TechSci Research

Abstracts

The Global Ethoxylates Market achieved a valuation of USD 12.86 billion in 2022, and it is poised for robust growth in the forecast period, with an anticipated Compound Annual Growth Rate (CAGR) of 3.64% through 2028. The market is expected to reach USD 15.73 billion by 2028. Ethoxylates are organic chemical compounds derived from the chemical treatment of alcohols and phenols with ethylene oxide in the presence of potassium hydroxide. This process yields versatile intermediates with applications spanning various industries. Ethoxylates are prized for their high-water solubility, excellent wetting capabilities, favorable formulation properties, and low aquatic toxicity. Consequently, they see extensive use in a wide range of industrial applications. For instance, they serve as effective emulsion stabilizers during the processing of emulsion polymers. Their unique combination of hydrophobic and hydrophilic properties enables them to reduce surface tension between liquids and gases, facilitating better interaction and performance.

Several factors drive the growth of the ethoxylates market. The agrochemical industry's increasing demand for ethoxylates, coupled with its expansion, significantly contributes to the market's growth rate. Additionally, the industrial and institutional cleaning sector exhibits high demand for ethoxylates, further propelling the market's value. The rise in industrialization and the preference for low-rinse detergents also play a role in the ethoxylates market's growth. Furthermore, changing consumer lifestyles, coupled with rising disposable incomes, indirectly influence market growth. Moreover, the expansion of household and agricultural industries, particularly in developing economies, supports steady growth. However, the growth of the ethoxylates market faces challenges due to health hazards associated with exposed ethoxylates and growing environmental concerns regarding their toxicity. Fluctuations in the prices of raw materials, such as crude oil, can also affect the market's growth rate.

Key Market Drivers

1. Growing Demand for Ethoxylates in the Pharmaceutical Industry: Ethoxylates, with their surfactant properties and ability to enhance solubility and stability, play a crucial role in pharmaceutical formulations. They are used in drug production to formulate creams, ointments, and lotions. Ethoxylates' emulsification properties aid in the production of stable emulsions, enabling controlled drug release, improving drug efficacy, and enhancing the patient experience. Ethoxylates also act as solubilizing agents, addressing the low solubility of many drug compounds, which improves drug absorption and therapeutic efficacy. Furthermore, their wetting properties make them essential in pharmaceutical applications such as tablet coatings and granulation processes.

2. Increasing Awareness of Personal Hygiene: Ethoxylates are widely used in personal hygiene products like soaps, shampoos, and body washes. They reduce the surface tension of water, allowing it to dissolve dirt, oil, and impurities from the skin and hair. Ethoxylates enhance foaming in personal hygiene products, contributing to the perception of cleanliness and even distribution of active ingredients. Rising awareness of personal hygiene's importance, driven by public health campaigns and increasing disposable incomes, fuels demand for ethoxylates-based personal care products.

3. Growing Demand for Ethoxylates in the Agrochemicals Industry: Ethoxylates play a vital role in stabilizing agrochemical formulations, ensuring their effectiveness and consistency over time. They prevent phase separation and maintain the chemical properties of agrochemicals during storage and application. As the global population grows, the need for efficient and sustainable agricultural solutions increases, driving demand for ethoxylates in agrochemical formulations. Sustainable agriculture practices and the demand for environmentally friendly agrochemicals further boost ethoxylates' usage.

Key Market Challenges

1. Volatility in Pricing and Availability: The prices of ethoxylates are influenced by fluctuations in raw material costs, regulatory requirements, and policies related to their production and usage. Raw material availability and supply chain disruptions can impact ethoxylates' availability in the market. Additionally, compliance with environmental regulations and sustainability practices can introduce additional costs, affecting pricing.

2. Competition from Bio-based Surfactants: The increasing popularity of bio-based surfactants, derived from renewable resources, poses a competitive challenge to ethoxylates. Consumers' growing preference for eco-friendly and sustainable products has led to the adoption of bio-based surfactants, reducing ethoxylates' market share. Ethoxylates must invest in research and development to stay competitive in the sustainable surfactants industry.

Key Market Trends

1. Growth in Technological Advancements: Technological advancements, including artificial intelligence, machine learning, and green chemistry, are enhancing the efficiency, sustainability, and performance of ethoxylates. These advancements enable real-time monitoring, predictive maintenance, and process optimization, reducing costs and environmental impact. Nanotechnology is also improving ethoxylates' properties, opening new possibilities for their applications.

2. Segmental Dominance by Alcohol Ethoxylate: Alcohol ethoxylate is the dominant type in the ethoxylates market. Its versatility and effectiveness in various applications, including surfactant manufacturing, textiles, and the paint industry, make it indispensable in multiple industries.

3. Household & Personal Care Segment Domination: The household & personal care segment leads the ethoxylates market, driven by its extensive use in household cleaning products and personal care items. Ethoxylates contribute to the effectiveness and efficiency of these products.

Regional Insights

Europe Dominates the Ethoxylates Market: Europe leads the global ethoxylates market due to increased demand from personal care, pharmaceuticals, and household and industrial cleaning industries. Government initiatives and efforts to revive end-use markets for ethoxylates, coupled with their superior properties, drive growth in this region.

Key Market Players

• AkzoNobel N.V.
• Arkema SA (CECA)
• BASF SE
• Clariant AG
• Dow Chemical Company
• E.I. du Pont de Nemours and Company
• Evonik Industries AG
• Huntsman International LLC
• India Glycols Limited
• SABIC

Report Scope:

In this report, the Global Ethoxylates Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Ethoxylates Market, By Type:
• Alcohol Ethoxylates
• Fatty Amine Ethoxylates
• Fatty Acid Ethoxylates
• Methyl Ester Ethoxylates
• Glyceride Ethoxylates
• Others
• Ethoxylates Market, By End User:
• Household & Personal Care
• Pharmaceutical
• Agrochemicals
• Oilfield Chemicals
• Others
• Ethoxylates Market, By Region:
• Asia Pacific
• North America
• Europe
• Middle East & Africa
• South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Ethoxylates Market.

Available Customizations:

Global Ethoxylates Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
  1.2.1. Markets Covered
  1.2.2. Years Considered for Study
  1.2.3. Key Market Segmentations

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. EXECUTIVE SUMMARY

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. GLOBAL ETHOXYLATES MARKET OUTLOOK

4.1. Market Size & Forecast
  4.1.1. By Value
4.2. Market Share & Forecast
  4.2.1. By Type (Alcohol Ethoxylates, Fatty Amine Ethoxylates, Fatty Acid Ethoxylates, Methyl Ester Ethoxylates, Glyceride Ethoxylates, Others)
  4.2.2. By End User (Household & Personal Care, Pharmaceutical, Agrochemicals, Oilfield Chemicals, Others)
  4.2.3. By Region
  4.2.4. By Company (2022)
4.3. Market Map

5. NORTH AMERICA ETHOXYLATES MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value
5.2. Market Share & Forecast
  5.2.1. By Type
  5.2.2. By End User
  5.2.3. By Country
5.3. North America: Country Analysis
  5.3.1. United States Ethoxylates Market Outlook
    5.3.1.1. Market Size & Forecast
      5.3.1.1.1. By Value
    5.3.1.2. Market Share & Forecast
      5.3.1.2.1. By Type
      5.3.1.2.2. By End User
  5.3.2. Mexico Ethoxylates Market Outlook
    5.3.2.1. Market Size & Forecast
      5.3.2.1.1. By Value
    5.3.2.2. Market Share & Forecast
      5.3.2.2.1. By Type
      5.3.2.2.2. By End User
  5.3.3. Canada Ethoxylates Market Outlook
    5.3.3.1. Market Size & Forecast
      5.3.3.1.1. By Value
    5.3.3.2. Market Share & Forecast
      5.3.3.2.1. By Type
      5.3.3.2.2. By End User

6. EUROPE ETHOXYLATES MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Type
  6.2.2. By End User
  6.2.3. By Country
6.3. Europe: Country Analysis
  6.3.1. France Ethoxylates Market Outlook
    6.3.1.1. Market Size & Forecast
      6.3.1.1.1. By Value
    6.3.1.2. Market Share & Forecast
      6.3.1.2.1. By Type
      6.3.1.2.2. By End User
  6.3.2. Germany Ethoxylates Market Outlook
    6.3.2.1. Market Size & Forecast
      6.3.2.1.1. By Value
    6.3.2.2. Market Share & Forecast
      6.3.2.2.1. By Type
      6.3.2.2.2. By End User
  6.3.3. United Kingdom Ethoxylates Market Outlook
    6.3.3.1. Market Size & Forecast
      6.3.3.1.1. By Value
    6.3.3.2. Market Share & Forecast
      6.3.3.2.1. By Type
      6.3.3.2.2. By End User
  6.3.4. Italy Ethoxylates Market Outlook
    6.3.4.1. Market Size & Forecast
      6.3.4.1.1. By Value
    6.3.4.2. Market Share & Forecast
      6.3.4.2.1. By Type
      6.3.4.2.2. By End User
  6.3.5. Spain Ethoxylates Market Outlook
    6.3.5.1. Market Size & Forecast
      6.3.5.1.1. By Value
    6.3.5.2. Market Share & Forecast
      6.3.5.2.1. By Type
      6.3.5.2.2. By End User

7. ASIA-PACIFIC ETHOXYLATES MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Type
  7.2.2. By End User
  7.2.3. By Country
7.3. Asia-Pacific: Country Analysis
  7.3.1. China Ethoxylates Market Outlook
    7.3.1.1. Market Size & Forecast
      7.3.1.1.1. By Value
    7.3.1.2. Market Share & Forecast
      7.3.1.2.1. By Type
      7.3.1.2.2. By End User
  7.3.2. India Ethoxylates Market Outlook
    7.3.2.1. Market Size & Forecast
      7.3.2.1.1. By Value
    7.3.2.2. Market Share & Forecast
      7.3.2.2.1. By Type
      7.3.2.2.2. By End User
  7.3.3. South Korea Ethoxylates Market Outlook
    7.3.3.1. Market Size & Forecast
      7.3.3.1.1. By Value
    7.3.3.2. Market Share & Forecast
      7.3.3.2.1. By Type
      7.3.3.2.2. By End User
  7.3.4. Japan Ethoxylates Market Outlook
    7.3.4.1. Market Size & Forecast
      7.3.4.1.1. By Value
    7.3.4.2. Market Share & Forecast
      7.3.4.2.1. By Type
      7.3.4.2.2. By End User
  7.3.5. Australia Ethoxylates Market Outlook
    7.3.5.1. Market Size & Forecast
      7.3.5.1.1. By Value
    7.3.5.2. Market Share & Forecast
      7.3.5.2.1. By Type
      7.3.5.2.2. By End User

8. SOUTH AMERICA ETHOXYLATES MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Type
  8.2.2. By End User
  8.2.3. By Country
8.3. South America: Country Analysis
  8.3.1. Brazil Ethoxylates Market Outlook
    8.3.1.1. Market Size & Forecast
      8.3.1.1.1. By Value
    8.3.1.2. Market Share & Forecast
      8.3.1.2.1. By Type
      8.3.1.2.2. By End User
  8.3.2. Argentina Ethoxylates Market Outlook
    8.3.2.1. Market Size & Forecast
      8.3.2.1.1. By Value
    8.3.2.2. Market Share & Forecast
      8.3.2.2.1. By Type
      8.3.2.2.2. By End User
  8.3.3. Colombia Ethoxylates Market Outlook
    8.3.3.1. Market Size & Forecast
      8.3.3.1.1. By Value
    8.3.3.2. Market Share & Forecast
      8.3.3.2.1. By Type
      8.3.3.2.2. By End User

9. MIDDLE EAST AND AFRICA ETHOXYLATES MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Type
  9.2.2. By End User
  9.2.3. By Country
9.3. MEA: Country Analysis
  9.3.1. South Africa Ethoxylates Market Outlook
    9.3.1.1. Market Size & Forecast
      9.3.1.1.1. By Value
    9.3.1.2. Market Share & Forecast
      9.3.1.2.1. By Type
      9.3.1.2.2. By End User
  9.3.2. Saudi Arabia Ethoxylates Market Outlook
    9.3.2.1. Market Size & Forecast
      9.3.2.1.1. By Value
    9.3.2.2. Market Share & Forecast
      9.3.2.2.1. By Type
      9.3.2.2.2. By End User
  9.3.3. UAE Ethoxylates Market Outlook
    9.3.3.1. Market Size & Forecast
      9.3.3.1.1. By Value
    9.3.3.2. Market Share & Forecast
      9.3.3.2.1. By Type
      9.3.3.2.2. By End User

10. MARKET DYNAMICS

10.1. Drivers
10.2. Challenges

11. MARKET TRENDS & DEVELOPMENTS


12. PESTLE ANALYSIS


13. PORTER’S FIVE FORCES ANALYSIS

13.1. Competition in the Industry
13.2. Potential of New Entrants
13.3. Power of Suppliers
13.4. Power of Customers
13.5. Threat of Substitute Product

14. COMPETITIVE LANDSCAPE

14.1. Business Overview
14.2. Company Snapshot
14.3. Products & Services
14.4. Financials (In case of listed companies)
14.5. Recent Developments
14.6. SWOT Analysis
  14.6.1. AkzoNobel N.V.
  14.6.2. Arkema SA (CECA)
  14.6.3. BASF SE
  14.6.4. Clariant AG
  14.6.5. Dow Chemical Company
  14.6.6. E.I. du Pont de Nemours and Company
  14.6.7. Evonik Industries AG
  14.6.8. Huntsman International LLC
  14.6.9. India Glycols Limited
  14.6.10. SABIC

15. STRATEGIC RECOMMENDATIONS