Ethoxylates Market Report 2024

Ethoxylates Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033

LONDON, GREATER LONDON, UNITED KINGDOM, October 9, 2024 /EINPresswire.com/ -- The ethoxylates market has experienced robust growth in recent years, expanding from $13.63 billion in 2023 to $14.32 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to demand from diverse industries, surfactant applicationsv, textile and leather industries, agricultural sector demand, industrial applications.

What Is The Estimated Market Size Of The Global Ethoxylates Market And Its Annual Growth Rate?
The ethoxylates global market is projected to continue its strong growth, reaching to $17.47 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to raw material availability, energy sector utilization, trade and globalization, innovation and research development, regulatory landscape. Major trends in the forecast period include product innovation and differentiation, supply chain resilience, versatility in household cleaning, environmentally friendly formulations, rising demand in personal care.

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Growth Driver Of The Ethoxylates Market
An increase in demand from the oil and gas industry is expected to boost the growth of the market going forward. The oil and gas industry are involved in exploration and production of oil and gas. Rising demand for ethoxylates from the oil and gas industry due to their uses in the drilling fluid.

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Which Market Players Are Driving The Ethoxylates Market Growth?
Key players in the market include BASF SE, Huntsman International LLC, Clariant AG, Sasol Limited, Ineos Group Ltd., Nouryon, Evonik Industries AG, Mitsui Chemicals Inc., Royal Dutch Shell plc, Stepan Company, The Dow Chemical Company, India Glycols Ltd., Solvay S.A., Arkema S.A., Saudi Basic Industries Corporation (SABIC), PJSC Nizhnekamskneftekhim, Akzo Nobel N.V., Croda International plc, Procter & Gamble Company, Unilever plc, Lubri-Graph Corporation, PTT Global Chemical Public Company Limited, Lion Corporation, Galaxy Surfactants Pvt. Ltd., Tianjin Bohai Chemical Industry Group Corporation, Aarti Industries Limited, Indorama Ventures Public Company Limited, Reliance Industries Limited, Jiahua Chemicals Inc., Kao Corporation, DuPont de Nemours Inc., Taiwan NJC Corporation.

What Are The Emerging Trends Shaping The Ethoxylates Market Size?
Product innovation has emerged as the key trend gaining popularity in the ethoxylates market. Major companies operating in the ethoxylate market are developing innovative products to strengthen their position in the market.

How Is The Global Ethoxylates Market Segmented?
1) By Product: Alcohol, Fatty Amine, Fatty Acid, Ethyl Ester, Glyceride, Other Products
2) By Application: Household And Personal Care, Institutional And Industrial Cleaning, Pharmaceutical, Agrochemicals, Oilfield Chemicals, Other Applications
3) By End-Use: Detergents, Personal Care, Ointments And Emulsions, Herbicides, Insecticides, Foam Control And Wetting Agents, Lubricants And Emulsifiers, Other End-Uses

Geographical Insights: North America Leading The Ethoxylates Market
Asia-Pacific was the largest region in the ethoxylates market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the ethoxylates global market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Ethoxylates Market Definition
Ethoxylate is a chemical that is created by adding epoxides/ethylene oxide (EO) in the required molar ratio to substrates such as alcohol, acid, amine, or vegetable oils in a block-by-block or at-random way. Ethoxylates play a significant role in personal care items like toothpaste, shampoo, shower gel, hair conditioner, and cosmetics.

Ethoxylates Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An overview of the global ethoxylates market report covering trends, opportunities, strategies, and more
The Ethoxylates Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on ethoxylates market size, ethoxylates market drivers and trends, ethoxylates market major players, ethoxylates competitors' revenues, ethoxylates market positioning, and market growth across geographies. The ethoxylates global market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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