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Alcohol Ethoxylates Market

Market Insights on Alcohol Ethoxylates covering sales outlook, demand forecast & up-to-date key trends

Alcohol Ethoxylates Market By Product Type (Fatty Alcohol Ethoxylates, Lauryl Alcohol (C12-C14) Ethoxylates, Ceto Stearyl Alcohol (C16-C18) Ethoxylates, Behenyl Alcohol (C22) Ethoxylates, Oleyl Cetyl Alcohol Ethoxylates), Source (Natural, Synthetic) & Region - Forecast 2022-2032

Alcohol Ethoxylates Market Overview

The global sales of alcohol ethoxylates are projected to grow at a moderate CAGR of around 4.2% between 2022 and 2032. Rising demand for alcohol ethoxylates across diverse end-use industries such as home & personal care, oil & gas, and pharmaceuticals is driving the growth of alcohol ethoxylates market.

Report Attribute

Details

Alcohol Ethoxylates Market Projected Growth Rate (2022-2032)

4.2% CAGR

Alcohol ethoxylates are a class of non-ionic surfactants synthesized from the reaction between alcohols of oleochemical or petrochemical with ethylene oxide. They act as solubilizing and wetting agents, emulsifiers, detergents, dispersants, degreasers and are commonly used in commercial and industrial applications.

These ethoxylates are hydrophobic in nature and are widely used as surfactants across leading industries. They possess versatile properties like excellent detergency and low foaming formation.

Alcohol ethoxylates find their applications in myriad applications such as agrochemicals, paints and coatings, cleaning products, personal care products etc. Rising demand for high grade industrial and domestic detergents and cleaners is providing a major impetus to the growth of alcohol ethoxylates market.

Consumer are increasingly opting for alcohol ethoxylate based surfactants because of their low foaming property, minimum toxicity and ecofriendly nature. They are gradually replacing other products like nonylphenol ethoxylates in domestic and industrial applications. Theses alcohol ethoxylates facilitate cleaning by reducing the surface tension between the clothes or objects and the wash water, thereby helping in removing dirt or stain.

Moreover, factors like rising investments by market players in research and development activities, increasing consumption of detergents in residential and industrial sectors and surging demand for biodegradable products will further expand the size of alcohol ethoxylates during the forecast period.

Which are Some Prominent Drivers Triggering the Growth of Alcohol Ethoxylates Market?

Exponential growth of end-use industries such as agrochemicals, pharmaceutical and home & personal care, rapidly growing population, and rising demand for low rinse detergents and biodegradable surfactants are some of the major factors driving the alcohol ethoxylates market.

As the world population continue to rise drastically, demand for household and personal care products is gaining huge momentum. People are spending large amounts on detergents, soaps, shampoos and several other products. As most of these products contain alcohol ethoxylates in their composition, expansion of home and personal care industry will therefore continue to push the sales of alcohol ethoxylates during the forecast period.

Similarly, rising environmental concerns regarding the high toxicity levels of some ethoxylates is encouraging the adoption of biodegradable and more ecofriendly products like alcohol ethoxylates. In fact, alcohol ethoxylates have become the most commonly used surfactants across industrial and commercial application. Rising shift towards utilizing ecofriendly products supported by the implementation of stringent government regulations will continue to spur the growth of alcohol ethoxylates market in the future.

Products like fatty alcohol ethoxylate and lauryl alcohol ethoxylate have become standard cleaning agents in industrial applications on account of their low toxicity levels and effective nature.

In addition to this, increasing demand for alcohol ethoxylates across paints & coatings and oil & gas industries will further generate growth opportunities within the alcohol ethoxylates market during the forecast period. Alcohol ethoxylates are being extensively used as pigment dispersing agent in the paints and coating industry.

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What are the Challenges Faced by the Alcohol ethoxylates Industry?

Despite its optimistic stance, the alcohol ethoxylates industry is facing various challenges that are restraining its growth to a large extent. One such factor is the availability of alternative products at lower costs.

Various industries are still using products like nonylphenol ethoxylates for the production of detergents, soaps, and other cleaning agents. This is becoming a major impediment for the growth of alcohol ethoxylates market.

Similarly, volatility in raw material prices is also limiting the growth of alcohol ethoxylates market.

Why is Asia-Pacific Emerging as an Opportunistic Market for Alcohol Ethoxylates?

With surging adoption of household and personal care products, the alcohol ethoxylates market in Asia Pacific is projected to register the fastest growth during the forecast period from 2022 to 2032.

During the last few years, demand for low foaming detergents and cleaners has witnessed huge upsurges in countries like China and India due to increasing population, rising disposable income and rapid urbanization. In fact, China and India are the largest consumers of soaps and detergents in the world. This is emerging as a major factor boosting the growth of alcohol ethoxylates market in the region.

Similarly, rapid expansion of end-use industries and rising environmental concerns are projected to generate growth opportunities for market players in the future.

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What is the Growth Projection for North America Market?

According to Future Market Insights, North America is set to account for a significant share in the global alcohol ethoxylates market by 2032. Growth in the region is attributed to the heavy presence of market players, growing consumer inclination towards using ecofriendly and low foam detergents, and increasing adoption of alcohol across pharmaceutical and oil & gas industries.

Alcohol ethoxylates are currently some of the most commonly manufactured and utilized nonionic surfactants across countries like the United States and Canada. They are generally used in consumer and industrial products such as detergents and cleaners.

Moreover, implementation of stringent regulations on the use of toxic surfactants is also fueling the adoption of substances like alcohol ethoxylates across the North American region.

Market Competition

Some of the key participants present in the global alcohol ethoxylates market include Evonik, SABIC, Venus Ethoxyethers Pvt., Ltd., P & G Chemicals, Oxiteno, Akzo Nobel N.V., Enaspol A.S., HELM AG, Royal Dutch Shell, Sasol, Saibaba Surfactants Pvt. Ltd., Stepan Company, Rimpro India, Qingdao Ocean Import and Export Co., Ltd, Frank LIU Shanghai Terppon Chemical Co., Ltd.

The alcohol ethoxylates market is highly competitive in nature due to large presence of domestic and regional players. These players are continuously focusing on expanding their product portfolios in order to increase their customer base. Besides this, they are working in collaboration with end-use industries for developing solutions that meet their specific requirements.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 4.2% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Product Type
  • Source
  • Function
  • End-Use Industry
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Evonik, SABIC
  • Venus Ethoxyethers Pvt., Ltd.
  • P & G Chemicals
  • Oxiteno
  • Akzo Nobel N.V.
  • Enaspol A.S.
  • HELM AG
  • Royal Dutch Shell
  • Sasol, Saibaba Surfactants Pvt. Ltd.
  • Stepan Company
  • Rimpro India
  • Qingdao Ocean Import and Export Co., Ltd
  • Frank LIU Shanghai Terppon Chemical Co., Ltd.

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Key Segments Profiled in the Alcohol Ethoxylates Industry Survey

By Product Type:

  • Fatty Alcohol Ethoxylates 
  • Lauryl Alcohol (C12-C14) Ethoxylates 
  • Ceto Stearyl Alcohol (C16-C18) Ethoxylates 
  • Behenyl Alcohol (C22) Ethoxylates 
  • Oleyl Cetyl Alcohol Ethoxylates 
  • Others

By Source:  

  • Natural 
  • Synthetic

By Function:  

  • Wetting Agents 
  • Coagulants 
  • Emulsifiers 
  • Dispersing Agent  
  • Others

By End-Use Industry:

  • Paints & Coatings
  • Oil & Gas 
  • Agrochemicals  
  • Home & Personal Care 
  • Polymer 
  • Pharmaceutical Others  

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

FMI projects the global alcohol ethoxylates market to expand at around 4.2% value CAGR by 2032.

Asia Pacific is projected to emerge as the most lucrative market for alcohol ethoxylates during the forecast period.

Evonik, SABIC, Venus Ethoxyethers Pvt., Ltd., P & G Chemicals, Oxiteno, Akzo Nobel N.V., Enaspol A.S., HELM AG, Royal Dutch Shell, Sasol, Saibaba Surfactants Pvt. Ltd. are some prominent alcohol ethoxylates manufacturers

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Nikhil Kaitwade
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Alcohol Ethoxylates Market