H1 2023: The prominent players in the North America Alkoxylates market in H1 2023 were Shell, Clariant, BASF SE, and Oxitino USA LLC & Milliken. Notably, one of the significant categories within alkoxylates was Alcohol Ethoxylates. Specifically, Ethoxylated Tridecyl Alcohol, belonging to this category, experienced price fluctuations in North America during H1 2023. In the early stages of Q1, Ethoxylated Tridecyl Alcohol prices in the US market underwent a downward shift driven by reduced upstream costs of Ethylene Oxide and Natural gas, significantly impacting domestic production expenses. With heightened stocks due to diminished downstream consumption and concerns about an imminent recession affecting manufacturing activities, the market faced challenges. However, mid-Q1 witnessed a positive turn as prices improved, prompted by increased offtakes from the downstream personal care sector. Concurrently, financial sector turmoil, impacting various specialty chemicals, including Ethoxylated Tridecyl Alcohol, resulted in lower settled freight charges amidst a global demand slowdown. Volatility in Ethoxylated Tridecyl Alcohol prices persisted in the US market, influenced by weakened Ethylene Oxide prices, and manufacturers refrained from price escalations due to slower-than-expected demand from the surfactant and personal care industries. The heightened market concerns kept operating rates under pressure. Despite recession fears, the movement of finished goods remained uninterrupted. Continuing into June, Ethoxylated Tridecyl Alcohol prices further declined, driven by a consistent and rigid demand pattern from the downstream Personal Care sector.
The North America Alkoxylates market touched a number of around 7500 thousand tonnes in 2022 and is expected to expand at a CAGR of 4.97% till the year 2030.
Alkoxylates, a diverse class of chemical compounds resulting from the reaction between alcohols and either ethylene oxide or propylene oxide, have widespread applications in various industries. Best recognized for their surfactant characteristics, alkoxylates play pivotal roles in formulating a range of products. In the fields of household and industrial cleaning, they function as surfactants, reducing surface tension and improving the effectiveness of detergents and emulsifiers. Within personal care items such as shampoos and creams, alkoxylates act as emollients and stabilizers. Moreover, the pharmaceutical sector incorporates them to enhance the solubility and stability of drug formulations. In industrial processes, alkoxylates contribute to the properties of metalworking fluids, paints, and coatings. Their impact extends to the oil and gas industry, where they modify fluid properties during drilling and extraction processes. The adaptability of alkoxylates, stemming from their chemical composition, emphasizes their importance in addressing diverse requirements across manufacturing, agriculture, and everyday products. By 2030, the North America Alkoxylates market is likely to reach 1100 thousand tonnes.
Based on type, the Alkoxylates market is bifurcated into Linear Alcohol Ethoxylates, Lauryl Alcohol Ethoxylates, Alcohol Ethoxylates, Branched Alcohol Ethoxylates, Amide Ethoxylates, and Others. Among these, Linear Alcohol Ethoxylates is the leading type of alkoxylate.
On the basis of region, North America Alkoxylates market is segmented into USA, Mexico, and Canada. Among these, USA is the leading consumer of Alkoxylates. In 2022, USA consumed roughly 80% of the North America Alkoxylates market demand. Also, Mexico will most likely experience a rise of Alkoxylates in the coming years due to the continued demand from the downstream sectors.
Based on the end-user industry, the North America Alkoxylates market is segmented into different industrial sectors that include Detergents, Personal Care, Pharmaceutical, Metalworking fluid and lubrication, Paints and Coatings, Textiles, and Others. However, Detergents is the dominating sector as the consumer of Alkoxylates. This industry consumed approximately 46% of the market in 2022 and is anticipated to remain the leading consumer in 2030.
Major players in the production of North America Alkoxylates are Sasol, Oxitino USA LLC & Milliken, Vantage, Shell, Stepan Company, DOW Chemical, Clariant, BASF SE, Solvay, Croda International plc, Oxiteno Mexico, and Others.
Years considered for this report:
Historical Period: 2015- 2021
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2030
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Objective of the Study:
• To assess the demand-supply scenario of Alkoxylates which covers production, demand and supply of Alkoxylates market in the globe.
• To analyse and forecast the market size of Alkoxylates
• To classify and forecast North America Alkoxylates market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Alkoxylates market in the globe.
To extract data for North America Alkoxylates market, primary research surveys were conducted with Alkoxylates 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 North America Alkoxylates market over the coming years.
ChemAnalyst calculated Alkoxylates demand in the globe by analyzing the historical data and demand forecast which was carried out considering the consumption of raw material to produce Alkoxylatess. 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.
Key Target Audience:
• Alkoxylates manufacturers and other stakeholders
• Organizations, forums and alliances related to Alkoxylatess distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Alkoxylates manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
ChemAnalyst calculated Alkoxylates demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Alkoxylates across the globe. 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.
Report Scope:
In this report, North America Alkoxylates market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
750 thousand tonnes
Market size Volume by 2030
1100 thousand tonnes
Growth Rate
CAGR of 4.97% from 2023 to 2030
Base Year
2022
Estimated Year
2023
Historical Data
2015 – 2021
Forecast period
2024 – 2030
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2030
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Type, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade, Manufacturing Process.
Segments covered
By End-Use: (Detergents, Personal Care, Pharmaceutical, Metalworking fluid and lubrication, Paints and Coatings, Textiles, and Others)
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What was North America market size of Alkoxylates in terms of volume for 2022?
Ans:
The North America market size of Alkoxylates was approximately 750 thousand tonnes in 2022.
Q2.
What are the major end-use industries of Alkoxylates?
Ans:
Alkoxylates is used in a wide range of end use industries including Detergents, Personal Care, Pharmaceutical, Metalworking fluid and lubrication, Paints and Coatings, Textiles, and Others.
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