TOKYO, JAPAN, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “Ethoxylates Market Size, Share, Growth Analysis Report By Type (Alcohol, Fatty Amine, Fatty Acid, Ethyl Ester, Glyceride, and Others), By Application (Household & Personal Care, Institutional & Industrial Cleaning, Pharmaceutical, Agrochemicals, Oilfield Chemicals, and Others), By End-use (Detergents, Personal Care, Ointments & Emulsions, Herbicides, Insecticides, Foam Control & Wetting Agents, Lubricants and Emulsifiers, and Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.

“According to the latest research study, the demand of global Ethoxylates Market size & share was valued at approximately USD 13.3 billion in 2021. The market is expected to grow above a CAGR of 3.5% and is anticipated to reach over USD 17.0 billion by 2028.”

The report analyses the Ethoxylates market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Ethoxylates market.

Ethoxylates Market Overview:

Ethoxylates are composites produced when ethylene oxide is used to treat alcohols and phenols while using potassium hydroxide as a catalyst. Ethoxylation results in the production of ethoxylates. Ethoxylation involves preparing ethylene oxide to react with substances that have labile hydrogen. These surfactants don't have ions in them.

The demand for ethoxylates is growing in the personal care, industrial & institutional cleaning, pharmaceutical, agrochemical, and oilfield chemical industries, which are driving the global ethoxylate market significantly. They have a wide range of industrial applications because of their exceptional water solubility, low aquatic toxicity, good formulation, and superior wetting ability.

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Key Insights from Primary Research

Market Growth Drivers

The increased consumer awareness of personal care and cleanliness is what is driving the global ethoxylate market. Ethoxylates are frequently found in hair care products including shampoos and conditioners because they aid in foaming, take away oil, and give the skin a feeling of being exceptionally clean. In addition, it is predicted that the market will be supported in the forecast period by the increased demand for ointments in the pharmaceutical industry. Ethoxylates are also employed in the textile sector for scouring, dyeing, and lubricating. Additionally, it is predicted that the market would increase in the upcoming years as a result of the main manufacturers' growing investments and research & development activities.

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Ethoxylates Market: COVID-19 Impact Analysis

Because of COVID-19, there was a shortage of products used for personal care, despite an increased awareness of the need for proper hygiene to lower the risk of infection. Despite this increased awareness, there was a shortage of these products on the market. As a result of government restrictions, global lockdowns, and the closure of the majority of industrial facilities for the remainder of the year to prevent the spread of the virus, worldwide sales of personal care products have decreased by more than 4.5%, and supply problems have emerged.

As a consequence of this, the market for ethoxylates has become more competitive. The fact that the markets are beginning to gradually open up is a promising development for the ethoxylates market.

Competitive Players Insights

The report contains qualitative and quantitative research on the global ethoxylates Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

Some of the main players in the global Ethoxylates market include:

Browse the full “Ethoxylates Market Size, Share, Growth Analysis Report By Type (Alcohol, Fatty Amine, Fatty Acid, Ethyl Ester, Glyceride, and Others), By Application (Household & Personal Care, Institutional & Industrial Cleaning, Pharmaceutical, Agrochemicals, Oilfield Chemicals, and Others), By End-use (Detergents, Personal Care, Ointments & Emulsions, Herbicides, Insecticides, Foam Control & Wetting Agents, Lubricants and Emulsifiers, and Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/ethoxylates-market

Ethoxylates Market: Segmentation Analysis

The global ethoxylates market is segmented based on type, application, end-use, and region.

The global market is divided into alcohol, fatty amine, fatty acid, ethyl ester, glyceride, and others based on their types. The leading market share belonged to alcohol ethoxylates, and they are anticipated to continue to dominate during the projection period. One of the primary materials utilized in the manufacture of surfactants is Alcohol Ethoxylates (AE). The largest downstream market for fatty alcohols is also found there. They are advantageous for use in formulations of laundry detergents because of their fast biodegradation, enhanced cleaning of synthetic textiles, and tolerance to water hardness.

Based on the application, the market is categorized into household & personal care, institutional & industrial cleaning, pharmaceutical, agrochemicals, oilfield chemicals, and others. In 2021, household & personal care accounted for the major revenue share. During the projected period, dominance is anticipated in this sector. The industry is expanding because many household cleaning products, including glass cleaners, carpet cleaners, oven cleansers, air fresheners, liquid & powdered laundry detergents, dishwashing gels & detergents, fabric conditioners, and hard surface & floor cleaners, widely use it.

The global market is divided into detergents, personal care, ointments & emulsions, insecticides, herbicides, wetting agents for foam, lubricants & emulsifiers, and others based on end-use. During the forecast period, it is anticipated that the detergent category would rule. When applied to products, natural ethoxylates are gentle and do not affect human skin. As a result, several detergent manufacturers are moving toward formulating their products with ethoxylates derived from natural sources. Because they are inert, non-toxic, non-corrosive, and frequently have a high flash point that doesn't harm marine life, ethoxylates are also advantageous for the environment.

Regional Analysis:

The market for ethoxylates may be segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa based on geography. In 2021, Europe had the biggest market share, and it is anticipated that it would continue to dominate during the projection period. The increase in demand from the personal care, pharmaceutical, and home & industrial cleaning industries is attributed to the region's expansion.

People's better lifestyles and growing awareness of the importance of personal hygiene have spurred the consumption of personal care products. Demand for the product is predicted to be driven throughout the projection period by enhanced efforts and initiatives by governments as well as the European Commission to revitalize the end-use markets for ethoxylates, including medicines and agrochemicals.

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Recent Industry Developments:

Report Scope:

Report Attribute Details
Market Size in 2021 USD 13.3 Billion
Projected Market Size in 2028 USD 17.0 Billion
CAGR Growth Rate 3.5% CAGR
Base Year 2021
Forecast Years 2022-2028
Key Market Players BASF, Royal Dutch Shell Plc, Huntsman International LLC, Stepan Company, Clariant AG, The Dow Chemical Company, Sasol Ltd, India Glycols Ltd., Ineos Group Ltd., Solvay, and Others
Key Segment By Type, Application, End-use, and Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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The global Ethoxylates market is segmented as follows:

By Type

By Application

By End-use

By Region

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