Ethoxylates are produces from ethoxylation process where ethylene oxide is made to react with methyl ester, fatty amines, fatty acids, glycerides, and alcohol. It is extensively used as wetting agent, lubricants, degreasers, stabilizers, emulsifiers and cleaning agent. Growing consumer emphasis on environmentally safe products supported by their willingness to pay higher prices for safe goods. Easy availability of raw material has resulted in large scale of economies and sufficient supply which will have positive impact on product demand.
Ethoxylates Market Trends
- Growing product demand from detergent industry owing to rapid dissolution and wetting quality accompanies with low toxicity and good rinsing ability will promote industry growth. Supportive regulatory standards by FDA approvals and minimal impact of fatty acids and glycerine ethoxylates on human health will propel product demand
- Key players are focusing on developing low rinse detergents with less foam which helps in reducing water usage. These detergents are extensively used in dishwashing and front load washing machines. Increase in income levels has led to rise in purchase of modern kitchen equipment which will have positive impact on product demand
- Application potential towards product use in agro chemicals to improve agriculture outputs where it remains unaffected by pH changes and hard water resistance will further stimulate industry growth
Ethoxylates Market COVID-19 Impact
Ethoxylates are extensively used in detergents, and washing solutions, where COVID 19 has produced high demand for home care products owing to lockdowns which will help in sustaining ethoxylates market. However, pandemic effect on daily needs product prices due to high demand and tight supply in production closure may act as restricting factor.
Axiom MRC report provides market estimation & forecast for global ethoxylates market considering economic conditions during COVID 19 pandemic. Study impact of COVID 19 on market value with holistic approach considering both supply and demand side of the market. Macro and Micro economic factors analysis pertaining to economic policies, GDP and international trade changed due to COVID 19. After COVID 19 scenarios with coping strategies adopted by the major market players
Ethoxylates Market Regional Highlights
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world includes Latin America and Middle East & Africa.
Asia Pacific led by India, Japan and China ethoxylates market dominated in 2019. Asia Pacific accounted for largest share and would continue its dominance over the foreseeable timeframe. Rising consumption of domestic surfactants mainly in India, China and Japan owing to population growth and increase in awareness regarding cleanliness among people will boost regional market growth. Positive indicators towards high product demand in agrochemical industry will further propel regional demand.
Ethoxylates Market Segmental Overview
- The report analyses the global ethoxylates market based on type, application and geography
- Various type studied are segmented into alcohol ethoxylates [natural alcohol ethoxylates, synthetic alcohol ethoxylates], fatty amines ethoxylates, fatty acid ethoxylates, methyl esters ethoxylates, glycerides ethoxylates.
- Fatty acids ethoxylates are made from saturated or unsaturated animal fats and vegetable oils and are widely used as lubricants and antistatic agents along with high solubility in oil will drive product demand
- Furthermore, the major application considered in the study is food, agro chemical, [herbicides, fungicides, insecticides], household & personal care [laundry & dish wash detergent, personal care, industrial & institutional cleaning], oil & gas [lubricants & emulsifiers, foam control & wetting agents], pharmaceutical.
Ethoxylates Market Competitor Analysis
The key players in the ethoxylates market share are Dow Chemical Company, BASF SE, Royal Dutch Shell, Huntsman International LLC, Stephan Company, Clariant AG, E.I. du Pont de Nemours and Company, Sasol Limited, India Glycols Limited, Ineos Group Limited, Solvay, Venus Etholyethers, Rimpro India, SABIC, Saibaba Surfactants, Evonik Industries, Mitsui Chemicals. New product development, acquisition, collaborations and partnerships remains the key business strategies to enhance product offering.
For instance, In January 2019, INEOS Oxide acquired Wilmar’s ethoxylation plant in France. This acquisition will enhance INEOS geographical presence and production capabilities, thus strengthening market position and extended production to cater growing demand.
The report analyses the global ethoxylates market based on type, application and geography. Various type studied are segmented into alcohol ethoxylates [natural alcohol ethoxylates, synthetic alcohol ethoxylates], fatty amines ethoxylates, fatty acid ethoxylates, methyl esters ethoxylates, glycerides ethoxylates.
Furthermore, the major application considered in the study is food, agro chemical, [herbicides, fungicides, insecticides], household & personal care [laundry & dish wash detergent, personal care, industrial & institutional cleaning], oil & gas [lubricants & emulsifiers, foam control & wetting agents], pharmaceutical.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world include Latin America and Middle East & Africa.
