According to the latest market study released by Technavio, the global ethoxylates market is expected to grow at a CAGR of more than 3% during the forecast period.
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Technavio has published a new report on the global ethoxylates market from 2017-2021. (Graphic: Business Wire)
This research report titled 'Global Ethoxylates Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The ethoxylates market is estimated to grow on account of the emerging markets of surfactants and household and personal care products. The shift in the lifestyles of the consumers in major developing economies such as India, China, Malaysia, and South Africa is also a major driving factor for the global ethoxylates market. The major end-user industries of ethoxylates are household and personal care products, pharmaceuticals, oilfield chemicals, agrochemicals, and others. The demand for ethoxylates from the household and personal care products segment is expected to be the highest during the forecast period.
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Technavio's chemicals and materialsresearch analysts categorize the global ethoxylates market into the following segments by ethoxylates types. They are:
- Alcohol
- Fatty amine
- Fatty acid
- Methyl ester
- Glyceride
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The top three revenue-generating segments of the global ethoxylates market are discussed below:
Alcohol
Alcohol ethoxylates consist of synthetic and natural fatty alcohols. Synthetic alcohols are manufactured from hydroformylation leading to oxo alcohols or from the oligomerization of ethylene with Ziegler catalysts. Natural fatty alcohols are produced by reducing fatty acids. Both synthetic and natural alcohol ethoxylates are used as non-ionic surfactants in many industries.
According to Hitesh Bhatia, a lead specialty chemicals research analyst from Technavio, "The major applications of alcohol ethoxylates are in household surfactants and industrial surfactants. For household applications, surfactants are used in laundry detergent formulation, dishwashing detergent, hand washing formulation, solid hard surface formulation, floor cleaner, wax stripper formulation, and waterless hand cleaner formulation."
Fatty amine
Fatty amine ethoxylates are manufactured by ethoxylation of primary fatty amines. These ethoxylates have the combination of emulsifying, wetting, and dispersing properties of both nonionic and cationic surfactants.
"Fatty amines ethoxylates are nonionic surfactants used as emulsifiers. They are used for formulating different emulsifier blends. They are also used in petroleum refining operation. These ethoxylates are used as stabilizers, wetting agents, dispersants, sanitizers, and defoaming agents," adds Hitesh.
Fatty acid
Fatty acid ethoxylates exhibit similar wetting and emulsifying properties like fatty alcohol ethoxylates. They are generally used as replacements of fatty acid polyethylene glycol (PEG) esters made by the esterification of fatty acids and PEG.
Some examples of fatty acid ethoxylates are stearic acid ethoxylates, lauryl acid ethoxylates, and coco fatty acid ethoxylates. They are generally used as emulsifiers in oil-in-water type creams and lotions. The market is expected to grow due to its low foam capacity and low relative cost.
The top vendors highlighted by Technavio's research analysts in this report are:
- BASF
- Clariant
- Huntsman
- Solvay
- The Dow Chemical Company
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