Overview and Scope
Alkoxylates are chemicals that are produced by alkoxylation by the addition of butylene oxide, propylene oxide, and ethylene oxide to fatty hydrophobes. They are mainly used for the industrial cleaning sector.
Sizing and Forecast
The alkoxylates market size has grown strongly in recent years. It will grow from $7.25 billion in 2024 to $7.68 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to rising demand from diverse industries, environmental regulations, population growth and urbanization, shift towards green chemistry, changing consumer preferences.
The alkoxylates market size is expected to see strong growth in the next few years. It will grow to $9.71 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to customized formulations, innovation in packaging materials, sustainable development goals (sdgs), growing demand in healthcare sector, increasing use of alkoxylates in agrochemicals. Major trends in the forecast period include e-commerce influence, adoption of renewable resources, consumer shift to eco-friendly products, stricter environmental standards impact, water treatment applications growth.
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Segmentation & Regional Insights
The alkoxylates market covered in this report is segmented –
1) By Type: Fatty Acid, Alcohol, Fatty Amine, Glyceride-Based, Methyl Ether
2) By Grade: Natural Ethoxylates, Synthetic Ethoxylates
3) By Application: Cleaning Agents, Emulsifying Agents, Detergents, Dispersing Agents, Wetting Agents
Top 5 Major Players:
- The Dow Chemical Company,
- BASF SE,
- Clariant AG,
- Croda International Plc.,
- Huntsman International LLC
Asia-Pacific was the largest region in the alkoxylates market in 2024. The regions covered in the alkoxylates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing demand for oil and gas is expected to propel the alkoxylates market growth going forward. The oil and gas industry refer to businesses that are involved in discovering a resource, transporting to a refinery, and processing it into a finished product. Alkoxylates are used as corrosion inhibitors and co-emulsifier in the oil and gas sector, eventually increase in demand for oil and gas will help in the market growth for alkoxylates. For instance, in August 2021, according to the International Energy Agency, a Paris-based autonomous intergovernmental organization, the global oil demand is increasing by 5.3 million barrels per day on average to increase to 96.2 million barrels per day in 2021. Further, global gas demand increased by 3.6% in 2021 and is expected to grow at 7% by 2024. Therefore, the increasing demand for oil and gas is driving the growth of the alkoxylates market.
Key Industry Players
Major companies operating in the alkoxylates market report are The Dow Chemical Company, BASF SE, Clariant AG, Croda International Plc., Huntsman International LLC, Solvay S.A., Akzo Nobel N.V., Evonik Industries AG, Kuala Lumpur Kepong Berhad OLEO, Lamberti S.p.A., Stepan Company, Jiahua Chemicals Inc., Royal Dutch Shell plc, Ineos Group Limited, Ethox Chemicals, Kaiser Industries Ltd., Venus Ethoxyethers Pvt. Ltd., IMCD Group, Indorama Ventures Public Company Limited, Poludniowy Koncern Chemiczny Group, Schärer & Schläpfer AG, Sasol Ltd., Nouryon, Novozymes A/S, Oxiteno, India Glycols Ltd., Chemtura Corporation, Setre Chemical Company, Nippon Shokubai Co. Ltd., Kao Corporation
The alkoxylates market report table of contents includes:
1. Executive Summary
2. Alkoxylates Market Characteristics
3. Alkoxylates Market Trends And Strategies
4. Alkoxylates Market – Macro Economic Scenario
5. Global Alkoxylates Market Size and Growth
…
31. Global Alkoxylates Market Competitive Benchmarking
32. Global Alkoxylates Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Alkoxylates Market
34. Alkoxylates Market Future Outlook and Potential Analysis
35. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Alkoxylates Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Alkoxylates Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Alkoxylates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: The Dow Chemical Company Financial Performance
Table 75: BASF SE Financial Performance
Table 76: Clariant AG Financial Performance
Table 77: Croda International Plc. Financial Performance
Table 78: Huntsman International LLC Financial Performance
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