Report Code: A07305 | Nov 2023 | Pages: NA | ||
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Ethoxylates are a class of chemical compounds that are synthesized via the reaction of fatty alcohol and ethylene oxide. This reaction produces the molecule that consists of two main components, carbon-rich fatty alcohol and polyoxyethylene chain. Ethoxylates are used throughout many industrial practices and commercials markets. They are popular emulsifying agent used in the leading process, foaming agents, and other purposes. The fatty alcohol ethoxylates type is commonly sourced from natural materials among all types available. Ethoxylates are surfactants and have great need where oily substances come into contact with water. Therefore, owing to the rise in demand for ethoxylates, it is likely to witness a significant growth of the ethoxylates market over the forecast timeframe.
COVID-19 scenario analysis:
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
The commercial market growth and the need for cleaning detergents for various industrial practices are the major driving factors for the ethoxylates market. The demand for low rinse detergents is rising significantly as they are finding more strong cleaners and high foaming agents. Additionally, personal care products include high usage of castor oil and other ethoxylates alcohols, which further boost the growth of the ethoxylates market. However, some of the ethoxylates are toxic, such as nonylphenol, and are not even eco-friendly. Therefore, this is a major restraint that hampers the growth of the market during the forecast timeframe.
The ethoxylates market trends are as follows:Â Â Â Â Â Â Â
Surge in usage in commercial and industrial applications
Manufacturers have been focusing to produce new products for specific applications as there are varying demands based on utilization. Ethoxylates alcohols can be widely used as detergents, wetting agents, emollients, and degreaser in many lines of commercial products and industrial practices. The other major applications of ethoxylates are included in home & personal care products, oil & gas, and cleaning. Ethoxylates are known as rapid surface wetting agents and possess excellent detergent properties. Castor oil and alcohol ethoxylates are the most common ingredients used in cosmetic products manufacturing.
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Ethoxylates Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights
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Key Market Players | Solvay, Royal Dutch Shell Plc, BASF SE, The Dow Chemical Company, Clariant AG, Ineos Group Ltd., Huntsman International LLC, Sasol Ltd, Stepan Company, India Glycols Ltd. |
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