The Ethoxylates Global Market Report 2023, provides comprehensive information on the ethoxylates market 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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The global ethoxylates market size is expected to grow from $13.10 billion in 2022 to $13.76 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. 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 global ethoxylates is expected to reach $16.34 billion in 2027 at a CAGR of 4.4%
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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 2020, EVONIK, a German-specialty chemicals company, launched isotridecyl alcohol (ITDA), under the flagship brand ELUCARE TD. Isotridecyl alcohol (ITDA) has unique features in that it is a highly pure C13 alcohol and a crucial intermediary in the production of surface-active compounds, also known as surfactants (ethoxylates), and unique esters. High-end products like I&I cleaners and homecare items use ITDA ethoxylates.
The ethoxylates market 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
Asia-Pacific was the largest region in the ethoxylates market in 2022.
The table of contents in TBRC’s ethoxylates market report includes:
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