DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Ethoxylates Market by Type (Alcohol, Fatty Amine, Fatty Acid, Methyl Ester, Glyceride), Application (Agrochemicals, Household & Personal Care, Pharmaceutical, Oilfield Chemicals), Region - Global Forecast to 2021" report to their offering.
The global ethoxylates market was valued at USD 10.16 billion in 2015 and is projected to reach USD 12.37 billion by 2021, at a CAGR of 3.33% from 2016 to 2021.
The growing demand from major end-use industries such as household & personal care, and pharmaceutical is expected to drive the market in the future. The harmful environmental effects of the some of the ethoxylates is a major restraint for the market.
Alcohol ethoxylates is expected to witness the highest growth rate from 2016 to 2021. Alcohol ethoxylates are the most widely used type of non-ionic surfactants. Alcohol ethoxylates are composed of an alkyl chain, which is combined with ethylene oxide. These are surface active agents, substances that are used to change the surface tension of water to assist in applications such as cleansing, wetting surfaces, foaming, and emulsifying.
Being non-ionic surfactants, alcohol ethoxylates can remove grease effectively, which makes them suitable to be used in laundry products, household cleaners, and hand & dishwashing liquids. Alcohol ethoxylates have many other desirable properties such as moderate foaming ability, superior cleaning of fibers, and high tolerance to water hardness. They are widely used in the manufacture of domestic detergents, household & personal care products, and I&I cleaning products.
The Asia-Pacific region is projected to be the fastest-growing ethoxylates market due to the growing household & personal care, and pharmaceutical industries in the region. The Middle East & African ethoxylates market is also expected to grow at a high rate due to growing demand for ethoxylates in the oilfield industry. North America is a significant market for ethoxylates, though is witnessing a moderate growth.
- Rising Demand From End-Use Industries
- Increasing Demand of Low-Rinse Detergents
- Shift in Consumer Lifestyles
- Low Potential of Ethoxylates in Developed Countries
- Environmental Concerns Regarding Toxicity Issues
- Development of Eco-Friendly Products
- Impact Analysis of Dros for Short, Medium, and Long Term
- Basf S.E.
- Clariant AG
- Huntsman International LLC
- India Glycols Limited (IGL)
- Ineos Group Limited
- Royal Dutch Shell PLC
- Sasol Limited
- Stepan Company
- The DOW Chemical Company
For more information about this report visit http://www.researchandmarkets.com/research/6p5mnn/ethoxylates