The Narrow Range Ethoxylate Global Market Report 2023 by The Business Research Company, provides narrow range ethoxylate market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Narrow Range Ethoxylate Global Market Report 2023, the market size is expected to grow from $5.75 billion in 2022 to $6.26 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the narrow range ethoxylate market is expected to grow to $8.94 billion in 2027 at a CAGR of 9.3%.
The growing public awareness regarding health and hygiene is driving the growth of the narrow range ethoxylate market. Growing public awareness about health and hygiene has thepotential to reduce the spread of intestinal worms, schistosomiasis, and trachoma, as well as tropical diseases that cause millions of people to suffer. Increasing awareness of health and hygiene is expected to boost the consumption of narrow range ethoxylates, as they are widely used in residential, commercial, and industrial settings for cleaning activities.
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The narrow range ethoxylate market is segmented:
1) By Source: Natural, Synthetic
2) By Application: Household Cleaning, Commercial Cleaning, Industrial Cleaning
3) By End-Use Industry: Paints and Coatings, Oil and Gas, Agrochemicals, Home and Personal Care, Polymer Pharmaceutical, Other End-Users
Technology advancement is a key trend gaining popularity in the narrow-range ethoxylate market. Major key players in the market are focusing on developing new products with innovative technologies to meet industry demands and expand their business reach. For instance, in June 2022, Oxiteno, a US-based surfactant and specialty chemical manufacturer launched OXITIVE 8000® dispersant agent and the reactive surfactant OXIMULSION® REACT. Oxiteno collaborates closely with clients to understand their problems and develop solutions and identify opportunities for existing technologies to evolve. The new solutions were developed after extensive research and are intended to address formulators’ challenges as well as market needs and trends.
The narrow range ethoxylate market report table of contents includes:
1. Executive Summary
2. Narrow Range Ethoxylates Market Characteristics
3. Narrow Range Ethoxylates Market Trends And Strategies
4. Narrow Range Ethoxylates Market – Macro Economic Scenario
5. Narrow Range Ethoxylates Market Size And Growth
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26. Africa Narrow Range Ethoxylates Market
27. Narrow Range Ethoxylates Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Narrow Range Ethoxylates Market
29. Narrow Range Ethoxylates Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Sasol Limited
- Evonik Industries
- Nouryon
- Univar Solutions
- Dow Chemicals
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