Ethoxylates Market – Growth Forecasts and Opportunity Assessment by Technavio
LONDON–(BUSINESS WIRE)–#Research–According to the latest market study released by Technavio,
the global ethoxylates market is expected to grow at a CAGR of more than
3% during the forecast period.
This research report titled ‘Global
Ethoxylates Market 2017-2021’ provides an in-depth analysis of the
market in terms of revenue and emerging market trends. This market
research report also includes up to date analysis and forecasts for
various market segments and all geographical regions.
The ethoxylates market is estimated to grow on account of the emerging
markets of surfactants and household and personal care products. The
shift in the lifestyles of the consumers in major developing economies
such as India, China, Malaysia, and South Africa is also a major driving
factor for the global ethoxylates market. The major end-user industries
of ethoxylates are household and personal care products,
pharmaceuticals, oilfield chemicals, agrochemicals, and others. The
demand for ethoxylates from the household and personal care products
segment is expected to be the highest during the forecast period.
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Technavio’s chemicals
and materials research analysts categorize the global
ethoxylates market into the following segments by ethoxylates types.
They are:
- Alcohol
- Fatty amine
- Fatty acid
- Methyl ester
- Glyceride
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The top three revenue-generating segments of the global ethoxylates
market are discussed below:
Alcohol
Alcohol ethoxylates consist of synthetic and natural fatty alcohols.
Synthetic alcohols are manufactured from hydroformylation leading to oxo
alcohols or from the oligomerization of ethylene with Ziegler catalysts.
Natural fatty alcohols are produced by reducing fatty acids. Both
synthetic and natural alcohol ethoxylates are used as non-ionic
surfactants in many industries.
According to Hitesh Bhatia, a lead specialty
chemicals research analyst from Technavio, “The major
applications of alcohol ethoxylates are in household surfactants and
industrial surfactants. For household applications, surfactants are used
in laundry detergent formulation, dishwashing detergent, hand washing
formulation, solid hard surface formulation, floor cleaner, wax stripper
formulation, and waterless hand cleaner formulation.”
Fatty amine
Fatty amine ethoxylates are manufactured by ethoxylation of primary
fatty amines. These ethoxylates have the combination of emulsifying,
wetting, and dispersing properties of both nonionic and cationic
surfactants.
“Fatty amines ethoxylates are nonionic surfactants used as
emulsifiers. They are used for formulating different emulsifier blends.
They are also used in petroleum refining operation. These ethoxylates
are used as stabilizers, wetting agents, dispersants, sanitizers, and
defoaming agents,” adds Hitesh.
Fatty acid
Fatty acid ethoxylates exhibit similar wetting and emulsifying
properties like fatty alcohol ethoxylates. They are generally used as
replacements of fatty acid polyethylene glycol (PEG) esters made by the
esterification of fatty acids and PEG.
Some examples of fatty acid ethoxylates are stearic acid ethoxylates,
lauryl acid ethoxylates, and coco fatty acid ethoxylates. They are
generally used as emulsifiers in oil-in-water type creams and lotions.
The market is expected to grow due to its low foam capacity and low
relative cost.
The top vendors highlighted by Technavio’s research analysts in this
report are:
- BASF
- Clariant
- Huntsman
- Solvay
- The Dow Chemical Company
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