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Research analysis on the global methyl ester ethoxylate market identifies the increasing demand for surfactants in the developing countries of APAC due to the rising awareness on hygiene as one of the primary factors that will fuel the market's growth prospects. Surfactants are organic compounds which comprise of both hydrophilic groups and hydrophobic groups which are soluble in both water and organic solvents. Anionic surfactants are most widely used due to its cleaning properties for laundering detergents, dishwashing detergents, and shampoos. Technavio's market research analysts predict that the methyl ester ethoxylate market will grow at a CAGR of more than 3% by 2021.
APAC contributes to the maximum market share because the region has the presence of the prime manufacturers of methyl ester ethoxylate. The rising demand for MEE from the region is mainly due to the increasing requirement for low-rinse detergent since these detergents do not ionize in solutions, are resistant to hardness, and clean effectively. Additionally, the growing mergers and acquisitions such as the merger between Huntsman International and Clariant, the leading manufacturers of various ethoxylate products will also have a positive impact on the market's growth.
The methyl ester ethoxylate market is highly competitive as the key vendors are competing intensely to gain maximum market shares. The players in the market must compete with the changing global economic scenario such as fluctuation in the petrochemical prices and low market penetration in developed countries. The large vendors in the market compete with the small vendors especially in terms of new product offerings and geographical expansion.
The leading vendors in the market are -
The C16-C18 type segment will account for the major shares of the methyl ester ethoxylate market throughout the next four years. The market will witness considerable growth in this segment due to the easy availability of palm oil feedstock in Southeast Asia. Additionally, the rising demand for concentrated liquid detergent will also fuel the demand for C16-C18 type MEE.
During the coming years, the industrial cleaning segment will contribute to the major share of the market. This will mainly attribute to the use of surfactants by the industrial sectors including retail and food service, manufacturing and commercial offices, healthcare, hospitality, automotive and aerospace, and food processing.
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A thorough data collection methodology is followed by our market research reports for the chemicals and materials industry to offer an analysis of fast growing market segments like specialty chemicals. This upcoming industry research report on the global methyl ester ethoxylate market offers insights into the key trends and developing drivers influencing the growth of the specialty chemicals industry.
To help the clients expand in niche markets and identify potential market opportunities, this report on the global methyl ester ethoxylate market also covers geographies like Europe, Americas, ROW, and APAC. This upcoming industry report on the global methyl ester ethoxylate market also considers the growth of the similar markets such as the anti-foaming, which is expected to grow at a CAGR of more than 4% by 2021. According to our market specialists, rising awareness about low-foam, low-rinse, and single-wash detergents may influence the demand for methyl ester ethoxylate in the coming years.
This upcoming market research report on the global methyl ester ethoxylate market also covers vendors like Lion Corporation, Ineos, Jet Technologies, Huntsman, and KLK Oleo. By considering the increasing demand, market forecast, and market size, for various specialty chemicals, the market research professionals at Technavio offer a clear picture of the global methyl ester ethoxylate market for the projected period of 2017 to 2021. Additionally, our research practices help clients to keep up with the constantly changing market landscape and develop operative growth strategies. Also, based on the interpretation of the information gathered from specific resources such as channel partners and market stakeholders this market study offers a complete analysis of the current market scenario.
The upcoming market research report on the global methyl ester ethoxylate market also classifies the major drivers, key trends, as well as the constraints that the specialty chemicals sector currently experiences. It also presents insights into the rapidly altering competitive scenario to give clients a precise picture of the upcoming events within the chemicals and materials industry. Technavio also provides deep-dive market assessments into the sectors such as glass and ceramics and olefins.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
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