The global Ethoxylated Alcohol market stood around 3100 thousand tonnes in 2021 and is expected to grow at a steady CAGR of 5.02% during the forecast period until 2035.
Ethoxylated Alcohol is a non-ionic surfactant and is commonly used as a cleaning agent. It is synthesized by an additive stepwise reaction between fatty alcohols and ethylene oxide in the presence of a catalyst. Erthoxylated Alcohol is used as an emulsifier to prepare a cream base for pharmaceuticals and personal care products. It has various niche uses, such as agriculture chemicals, industrial cleaners, commercial cleaners, paints, soaps, detergents, and more.
The primary market driving factor for the Ethoxylated Alcohol market is the growing demand for detergents and personal care products. In 2021, the Detergent Industry consumed about 50% of the global Ethoxylated Alcohol. Due to its low level of toxicity, alcohol ethoxylate is increasingly used in emulsification, agricultural chemicals, and industrial and commercial cleansers, which is anticipated to drive the market for Ethoxylated Alcohol over the forecast period. The demand for cleaners and detergents surged in 2021 due to the spread of COVID-19 pandemic. The demand for Ethoxylated Alcohol is expected to reach around 6000 thousand tonnes by 2035.
Based on region, Asia Pacific is dominating as the consumer. The Ethoxylated Alcohol demand by Asia Pacific was approximately 40% of the total market in 2021 and is anticipated to further surge in the forecast period. Moreover, Europe also stands as the prominent consumer of Ethoxylated Alcohol across the globe.
The Asia Pacific has the highest capacity of producing Ethoxylated Alcohol, with most of the global Ethoxylated Alcohol demand being fulfilled by companies in this region. In 2021, Asia Pacific produced approximately about 40% of the globally produced Ethoxylated Alcohol.
Based on Type, the global Ethoxylated Alcohol market is segmented into Nonylphenol Ethoxylate, Fatty Alcohol Ethoxylates, Octylephenol Ethoxylates, and Others. The Fatty Alcohol Ethoxylates is dominating the market with share of about 46% in 2021 and expected to expand with a CAGR of 4.78% by 2035.
Based on the end-user industry, the global Ethoxylated Alcohol market is segmented into Detergents, Personal Care, Pharmaceuticals, Textiles, and others. The detergents industry is the largest consumer of the Ethoxylated Alcohol market. This sector is anticipated to grow by the forecast period. Personal Care Sector is also a prominent consumer of Ethoxylated Alcohol global market and is susceptible to see a growth in the forecast period as a result of growing population.
Major players in the production of Global Ethoxylated Alcohol market are Oxiteno S.A, BASF, Sasol, Ineos Oxide, Clariant, Sanjiang Fine Chemicals, Shell Corporation, Venus Ethoxylates Pvt. Ltd, and others.
Years considered for this report:
Historical Period: 2015- 2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2035
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Objective of the Study:
• To assess the demand-supply scenario of Ethoxylated Alcohol which covers production, demand and supply of Ethoxylated Alcohol market in the globe.
• To analyse and forecast the market size of Ethoxylated Alcohol
• To classify and forecast Global Ethoxylated Alcohol market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ethoxylated Alcohol market in the globe.
To extract data for Global Ethoxylated Alcohol market, primary research surveys were conducted with Ethoxylated Alcohol manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Ethoxylated Alcohol market over the coming years.
ChemAnalyst calculated Ethoxylated Alcohol demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Ethoxylated Alcohol. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
• Organizations, forums and alliances related to Ethoxylated Alcohol distribution
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethoxylated Alcohol manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, Global Ethoxylated Alcohol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.