The ethoxylates global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Ethoxylates Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The ethoxylates market size has grown strongly in recent years. It will grow from <b>$13.63 billion in 2023 to $14.32 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. </b> 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.
The ethoxylates market size is expected to see strong growth in the next few years. It will grow to <b>$17.47 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. </b> 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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Scope Of Ethoxylates Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Ethoxylates Market Overview
Market Drivers –
An increase in demand from the oil and gas industry is expected to boost the growth of the ethoxylates 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. For instance, according to the report published by International Energy Agency (IEA), a France-based inter-governmental organization, in 2021, global oil consumption is anticipated to increase by 4.4 mb/d (millions of barrels per day) from 2019 levels to 104.1 mb/d by 2026. Therefore, an increase in demand from the oil & gas Industry is driving the growth of the ethoxylates market.
Market Trends –
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. For instance, in July 2022, INEOS OXIDE, a US- based specialty chemicals company, launched Bio-Attributed Ethylene Oxide (EO) which is a based on bio-based sources which do not compete with food production. The new product is 100% renewable on a mass balance basis and delivers a Greenhouse Gas saving of over 100% compared to conventionally produced EO. Bio-Attributed Ethylene Oxide (EO) allows customers to significantly reduce their carbon footprint and offer innovative solutions to serve their ever more demanding markets for sustainable solutions.
The ethoxylates market covered in this report is 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
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Regional Insights –
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 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the ethoxylates market report are 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
Table of Contents
1. Executive Summary
2. Ethoxylates Market Report Structure
3. Ethoxylates Market Trends And Strategies
4. Ethoxylates Market – Macro Economic Scenario
5. Global Ethoxylates Market Size and Growth
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31. Global Ethoxylates Market Competitive Benchmarking
32. Global Ethoxylates Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Ethoxylates Market
34. Ethoxylates Market Future Outlook and Potential Analysis
35. Appendix
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