Global Alcohol Ethoxylates Market – Rising Demand for Biosurfactants to Promote Growth | Technavio

LONDON–(BUSINESS WIRE)–#Research–The global
alcohol ethoxylates market is expected to grow at a CAGR of more
than 4% from 2017-2021, according to a new market research report by
Technavio.

Global alcohol ethoxylates market segmentation by application and
geography

Technavio’s report on the global alcohol ethoxylates market analyses the
business dimensions and presents a comprehensive breakdown in terms of
market segmentation by application, including cleaners, metalworking
fluids, paper processing, and pharmaceuticals. The cleaners segment
accounted for more than 50% of the market share in 2016, owing to growth
in the household sector.

Based on geography, the global
alcohol ethoxylates market has been segmented into North America,
APAC, Europe, and ROW. As of 2016, more than 37% of the market share
came from North America.

“Increasing number of technological advances in the pharmaceuticals
and healthcare industries and the rising demand for low-rinse and
low-foam detergents in industrial and household applications are
expected to drive the market in the region. Moreover, increasing focus
on organic liquid detergents by manufacturers will further drive the
demand for alcohol ethoxylates,” says Kurva Samba Sivudu, a lead
analyst at Technavio for specialty
chemicals research.

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Alcohol ethoxylates market: competitive vendor landscape

The global alcohol ethoxylates market is moderately fragmented with the
presence of many global and local vendors. The global surfactant market
is the parent market of global alcohol ethoxylates market. The market
under study accounts for more than 17% of the parent market. BASF,
Evonik, Huntsman International, Shell, and The Dow Chemical Company are
identified as the key vendors. These players have a vast geographical
presence with huge production facilities around the globe.

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Other topics covered in the report:

Market drivers:

• Growing demand for household and personal care products
• Rising demand for surfactants in developing countries

Market challenges:

• Volatile prices of ethylene oxide
• Stringent environmental regulations

Market trends:

• Rising demand for biosurfactants
• Increasing demand for fatty alcohols

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alcohol ethoxylates market report free of cost

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