The ethoxylates market share is expected to increase by USD 1.86 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 2.98%.
This ethoxylates market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers ethoxylates market segmentation by end user (household and personal care products, pharmaceuticals, agrochemicals, oilfield chemicals, and others), type (alcohol ethoxylates, fatty amine ethoxylates, fatty acid ethoxylates, methyl ester ethoxylates, and glyceride ethoxylates), and geography (Europe, APAC, North America, South America, and MEA). The ethoxylates market report also offers information on several market vendors, including BASF SE, Clariant International Ltd., Dow Inc., Evonik Industries AG, Huntsman Corp., India Glycols Ltd., Royal Dutch Shell Plc, Sasol Ltd., Solvay SA, and Stepan Co. among others.
What will the Ethoxylates Market Size be During the Forecast Period?
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Ethoxylates Market: Key Drivers, Trends, and Challenges
The increasing use of alcohol ethoxylates is notably driving the ethoxylates market growth, although factors such as low potential use of ethoxylates in North America may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ethoxylates industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Ethoxylates Market Driver
The increasing use of alcohol ethoxylates is a major driver fueling the ethoxylates market growth. Alcohol ethoxylates are primarily used to manufacture detergents, personal care and household products, and institutional and industrial cleaning products. Alcohol ethoxylates are biodegradable in nature. They are widely preferred by consumers, particularly in Europe. The increase in the use of ethoxylates in shampoos, conditioners, soaps, and house cleaners will propel the market demand during the forecast period. The substitution of NPEOs with alcohol ethoxylates in various applications, including detergents and cleaning products, is expected to have a positive impact on the market during the forecast period. Stringent regulations in regions such as Europe and North America have forced customers to switch from NPEO detergents to alcohol ethoxylate detergents. This change in the use of alcohol ethoxylates will have a positive impact on the market during the forecast period. The market growth is expected to rise during the forecast period because of the increase in the urban population with awareness among the people of various countries such as India, China, Australia, and others toward hygiene. APAC, a developing region, is expected to have a high demand for alcohol ethoxylates during the forecast period.
Key Ethoxylates Market Trend
New product developments are a major trend influencing the ethoxylates market growth. Nonylphenols (NPEOs) were widely used as surfactants for emulsion polymerization and latex stabilization. In Europe, NPEOs gave rise to environmental concerns, and some industry associations had already proactively taken measures to phase out these chemicals in their products. Therefore, the European Union Commission recommended the implementation of a risk reduction strategy, which saw the ban on all applications leading to direct emissions of NPEOs in wastewater and strict emission controls for all other technical processes using NPEOs as surfactants. The effectiveness of the risk reduction measures is being monitored by authorities. To reduce environmental problems with NPEOs, Cognis Holding Luxembourg, which was acquired by BASF, brought up new chemicals in the form of alkyl phenol-free emulsifiers (Disponil AFX-Series), which have favorable ecological profiles. These products are NPEO-free surfactants and emulsifiers and are now preferred as key ingredients in eco-friendly emulsion polymers and polymer dispersions in indoor paints and varnishes. They are environmentally compatible, derived from natural renewable resources, and biodegradable. They can be handled easily and are effective with regard to controlling particle size, film properties, and overall latex stability.
Key Ethoxylates Market Challenge
The low potential use of ethoxylates in North America is a major hindrance to the ethoxylates market growth. The use of ethoxylates is less in North America because of stringent regulations. The US is the least consumer of ethoxylates, for which the ethoxylates market in the country will have low demand during the forecast period. This is because of the regulations by the Environmental Protection Agency (EPA) in the US. For alcohol ethoxylates, the use of C9-C11 ethoxylates is under restriction because they contain high levels of toxins as contaminants that are harmful to the environment. In Mexico, the use of ethoxylate is more, but due to developed countries such as the US and Canada, there is a low demand for ethoxylates in North America. This low demand for ethoxylates in North America will hamper the growth of the global market during the forecast period. In the US, the Food and drug administration (FDA) in the regulation CFR - Code of Federal Regulations Title 21 PART 172 regulates the use of ethoxylates as a surfactant. The European Union (EU) Regulation (EC) No 648/2004 on detergents mandates all the detergent manufacturing companies to provide the specifications of surfactants used in detergents. It also demands lab reports of its aerobic biodegradability. The growing demand for environment-friendly and sustainable surfactant products for different applications such as food, personal care, and others is expected to impede the demand for ethoxylates during the forecast period.
This ethoxylates market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Parent Market Analysis
Technavio categorizes the global ethoxylates market as a part of the global specialty chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the ethoxylates market during the forecast period.
Who are the Major Ethoxylates Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- BASF SE
- Clariant International Ltd.
- Dow Inc.
- Evonik Industries AG
- Huntsman Corp.
- India Glycols Ltd.
- Royal Dutch Shell Plc
- Sasol Ltd.
- Solvay SA
- Stepan Co.
This statistical study of the ethoxylates market encompasses successful business strategies deployed by the key vendors. The ethoxylates market is fragmented and the vendors are deploying growth strategies such as focusing on pricing to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The ethoxylates market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Ethoxylates Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the ethoxylates market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of global specialty chemicals market includes the following core components:
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- Service
- Support activities
- Innovation
The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
Which are the Key Regions for Ethoxylates Market?
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44% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the ethoxylates market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increase in the demand for fatty alcohol ethoxylates in the household and personal care industries will facilitate the ethoxylates market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 led to the closure of manufacturing units in the region in 2020. As a result, the sales of ethoxylates in the region declined. Italy, Spain, Germany, France, Switzerland, the UK, the Netherlands, Austria, Belgium, Norway, Portugal, and Sweden are some of the countries that were severely affected by the pandemic. The number of COVID-19 cases is increasing rapidly in the region. As of July 1, 2021, more than 5.74 million and 4.67 million COVID-19 cases were reported in France and the UK, respectively. The high incidence of COVID-19 in the second wave of the outbreak led to restrictions on the movement of people. Also, the disruptions in supply chains and logistics are delaying various business activities. Such factors will hinder the sales of ethoxylates in the region to some extent during the first half of the forecast period. However, the regional market will register accelerating growth in the latter half of the forecast period, owing to measures taken by the governments, such as vaccination drives and easing of lockdown restrictions, along with the resumption of normal business operations in the region.
What are the Revenue-generating End User Segments in the Ethoxylates Market?
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The ethoxylate market share growth in the household and personal care products segment will be significant during the forecast period. Household applications of ethoxylates include surfactants, which are used in applications such as laundering formulations, laundry detergents, and dishwashing formulations. Ethoxylates are basically used in cleaning applications in the form of detergents. Personal care applications consist of bubble bath products, hand soaps, and cleaners. The need for personal care products and household products is expected to increase during 2021-2025. This is due to an increase in population and changes in the lifestyle of consumers around the world.
This report provides an accurate prediction of the contribution of all the segments to the growth of the ethoxylates market size and actionable market insights on post COVID-19 impact on each segment.
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Ethoxylates Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2.98% |
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Market growth 2021-2025 |
$ 1.86 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
2.76 |
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Regional analysis |
Europe, APAC, North America, South America, MEA, Europe, APAC, North America, South America, and MEA |
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Performing market contribution |
APAC at 44% |
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Key consumer countries |
US, China, Germany, UK, and Japan |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
BASF SE, Clariant International Ltd., Dow Inc., Evonik Industries AG, Huntsman Corp., India Glycols Ltd., Royal Dutch Shell Plc, Sasol Ltd., Solvay SA, and Stepan Co. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Ethoxylates Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive ethoxylates market growth during the next five years
- Precise estimation of the ethoxylates market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the ethoxylates industry across Europe, APAC, North America, South America, MEA, Europe, APAC, North America, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of ethoxylates market vendors
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