A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Ethoxylates
Market. The
study, titled “Ethoxylates
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2016 - 2023”,
is available for sale on the firm’s website.
Ethoxylates
are organic compounds that are manufactured by treatment of alcohols
and phenols with ethylene oxide in the presence of potassium
hydroxide as a catalyst. Ethoxylates are used as intermediates during
the manufacture of detergents, surface cleaners, cosmetics, and
paints. Textile processing, paints & coatings, agriculture, pulp
& paper, and personal care industries are the major end-users of
ethoxylates. Ethoxylates are used widely in industrial applications
due to high water solubility, good formulation, low aquatic toxicity,
and excellent wetting ability. Furthermore, ethoxylates are used as
emulsion stabilizers during the processing of emulsion polymers,
floor polish, and wax, as they rapidly dissolve and provide ionic
stability to the emulsion. Alcohol ethoxylate, fatty acid ethoxylate,
and methyl ester ethoxylate are some of the major products of
ethoxylate.
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Demand
for ethoxylates is driven by growth of textile processing, personal
care, and paints & coatings industries. Ethoxylates are used as
surfactants for various process operations such as scouring, dyeing,
and lubrication in the textile processing industry. Ethoxylates help
remove impurities during scouring of fibers to ensure good quality of
the fabric. After scouring, the fabric is lubricated for elimination
of fat. This fat elimination is achieved by employing ethoxylate,
which helps reduce the surface tension. Dyeing and finishing is the
last process operation of textile manufacturing that employs
ethoxylate as a wetting and dyeing agent. Fatty acid ethoxylates are
exclusively used in the textile industry.
The
cosmetic & personal care end-user industry is another major
driving factor that is expected to influence the demand for
ethoxylates in the near future. Ethoxylates are incorporated as
solvents during preparation of cosmetic products, as they provide
high water solubility and emulsifying characteristics. Ethoxylates
are non-ionic in nature and offer high chemical stability; hence,
these are preferred over other ionic surfactants that do not dissolve
in water. Various personal care products that are manufactured by
incorporating ethoxylates include hand lotions, hair dyes and some
oral application products. Alcohol and castor oil ethoxylates are
some of the commonly used ethoxylate product types used in the
cosmetic & personal care industry.
Increase
in environmental concerns regarding the effects of toxicity coupled
with diversification of raw material feedstock by other end-users may
hamper market growth. On the contrary, expansion of the household and
agricultural industries, especially in developing economies, is
likely to provide further opportunities for the growth of the
ethoxylates market.
In
terms of global demand, Europe was the largest producer of
ethoxylates in 2014. However, the market growth in Europe is expected
to stabilize due to various governmental regulations by the end of
2023. North America is anticipated to depict a similar scenario, as
this region has matured markets. Asia Pacific is projected to
experienced fast paced growth between 2015 and 2023, due to the rise
in demand for ethoxylates in household and personal care industries.
Furthermore, changes in the consumer lifestyle coupled with increase
in the disposable income are other important factors that are likely
to fuel the demand for ethoxylates in Asia Pacific, especially in
China and India. Latin America is expected to provide favorable
opportunities over the next few years, owing to foreign investments
and rise in the regional population. The ethoxylates market in the
Middle East and Africa is anticipated to experience sluggish growth
by the end of 2023.
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Some
of the prominent players in the global ethoxylates market include The
Dow Chemical Company, Ineos Group Limited, Sasol Olefins &
Surfactants GmbH, and BASF SE.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
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