Methyl Ester Ethoxylate Market – Top Drivers and Forecasts by Technavio

August 8, 2017

#Research--Technavio market research analysts forecast the global methyl ester ethoxylate market to grow at a CAGR of more than 3% during the forecast period, according to their latest report.

The market study covers the present scenario and growth prospects of the global methyl ester ethoxylate (MEE) market for 2017-2021. The report also lists industrial cleaning, domestic cleaning and personal care as the three major application segments, of which the industrial cleaning segment dominated with 35% of the market share in 2016.

Ethoxylates are used widely in industrial applications because of their excellent properties of formulation, high water solubility, low toxicity, and excellent wetting ability. They are also used as emulsion stabilizers during the processing of floor polish, emulsion polymers, and wax because they rapidly dissolve and provide ionic stability to the emulsion.

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Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Technavio analysts highlight the following three market drivers that are contributing to the growth of the global methyl ester ethoxylate market:
- Increase in demand for MEE in APAC
- Growth in urban population
- Increasing use of surfactants
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Increase in demand for MEE in APAC

APAC accounted for the largest share of the global MEE market in 2016. This can be attributed to the significant increase in demand for low-rinse detergents in various applications. The increasing popularity of low-rinse detergents can be credited to the fact that MEEs do not ionize in solution and have no electrical charge. As a result, MEE is resistant to hardness and cleans well.

According to Hitesh Bhatia, a lead analyst at Technavio for specialty chemicals research, “The market in APAC is expected to grow both in terms of value and volume. The increase in urban population and growing awareness among individuals with respect to hygiene in various countries are factors that will drive the demand for MEE during the forecast period.”

Growth in urban population

Ongoing economic development in India, Malaysia, Vietnam, China, and other emerging economies in APAC and other regions such as the Middle East, Africa, and South America has led to urbanization and increase in disposable income of consumers, which has led to an increase in their purchasing power. In addition, changing lifestyle preferences, population growth, and rapid modernization have contributed to the rising demand for MEE.

“It is expected that with an increase in the global urban population, the demand for MEE for use as cleaning agents will increase. This increase can be attributed to rising awareness regarding hygiene and infections. The market growth can also be attributed to the increasing demand for eco-friendly surfactants and low-rise detergents,” says Hitesh.

Increasing use of surfactants

One of the key drivers for the ethoxylates market is the increase in demand for surfactants in developing countries such as India, China, Malaysia, and Brazil due to the increase in hygiene awareness. Surfactants are organic compounds that contain both hydrophilic groups and hydrophobic groups, making them soluble in both water and organic solvents. Surfactants in which the hydrocarbon is sourced from biological fats or oils, such as tallow or palm oil, are known as oleochemicals. Surfactants in which the hydrocarbon is sourced from petroleum are known as petrochemicals.

The most widely used type of surfactants are anionic surfactants, such as a linear alkyl benzene sulfonic acid (LAS), and alcohol ethoxy sulfates (AES), which are used for manufacturing dishwashing detergents, laundry detergents, and shampoos because of their excellent cleaning properties.

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
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LONDON–(BUSINESS WIRE)–#Research—Technavio
market research analysts forecast the global
methyl ester ethoxylate market to grow at a CAGR of more than 3%
during the forecast period, according to their latest report.

The market study covers the present scenario and growth prospects of the
global methyl
ester ethoxylate (MEE) market for 2017-2021. The report also
lists industrial cleaning, domestic cleaning and personal care as the
three major application segments, of which the industrial cleaning
segment dominated with 35% of the market share in 2016.

Ethoxylates are used widely in industrial applications because of their
excellent properties of formulation, high water solubility, low
toxicity, and excellent wetting ability. They are also used as emulsion
stabilizers during the processing of floor polish, emulsion polymers,
and wax because they rapidly dissolve and provide ionic stability to the
emulsion.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Technavio analysts highlight the following three market drivers that are
contributing to the growth of the global methyl ester ethoxylate market:

Increase in demand for MEE in APAC
Growth in urban population
Increasing use of surfactants

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Increase in demand for MEE in APAC

APAC accounted for the largest share of the global MEE market in 2016.
This can be attributed to the significant increase in demand for
low-rinse detergents in various applications. The increasing popularity
of low-rinse detergents can be credited to the fact that MEEs do not
ionize in solution and have no electrical charge. As a result, MEE is
resistant to hardness and cleans well.

According to Hitesh Bhatia, a lead analyst at Technavio for specialty
chemicals research, “The market in APAC is expected to grow both
in terms of value and volume. The increase in urban population and
growing awareness among individuals with respect to hygiene in various
countries are factors that will drive the demand for MEE during the
forecast period.”

Growth in urban population

Ongoing economic development in India, Malaysia, Vietnam, China, and
other emerging economies in APAC and other regions such as the Middle
East, Africa, and South America has led to urbanization and increase in
disposable income of consumers, which has led to an increase in their
purchasing power. In addition, changing lifestyle preferences,
population growth, and rapid modernization have contributed to the
rising demand for MEE.

“It is expected that with an increase in the global urban population,
the demand for MEE for use as cleaning agents will increase. This
increase can be attributed to rising awareness regarding hygiene and
infections. The market growth can also be attributed to the increasing
demand for eco-friendly surfactants and low-rise detergents,” says
Hitesh.

Increasing use of surfactants

One of the key drivers for the ethoxylates market is the increase in
demand for surfactants in developing countries such as India, China,
Malaysia, and Brazil due to the increase in hygiene awareness.
Surfactants are organic compounds that contain both hydrophilic groups
and hydrophobic groups, making them soluble in both water and organic
solvents. Surfactants in which the hydrocarbon is sourced from
biological fats or oils, such as tallow or palm oil, are known as
oleochemicals. Surfactants in which the hydrocarbon is sourced from
petroleum are known as petrochemicals.

The most widely used type of surfactants are anionic surfactants, such
as a linear alkyl benzene sulfonic acid (LAS), and alcohol ethoxy
sulfates (AES), which are used for manufacturing dishwashing detergents,
laundry detergents, and shampoos because of their excellent cleaning
properties.

Browse Related Reports:

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 630 333 9501
UK: +44 208 123 1770
www.technavio.com