According to ChemAnalyst report, “Global Ethoxylated Alcohol Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Type, Sales Channel, Regional Demand, Company Share, 2015-2035”, The Ethoxylated Alcohol market is expected to reach approximately 6000 thousand tonnes in 2035 at an expected CAGR of 5.02% in the forecast period. The Ethoxylated Alcohol market is expected to expand throughout the projected period with the demands from Detergents, Personal Care, Pharmaceuticals, Textiles, and other end-use industries.
Ethoxylated Alcohol is an important non-ionic surfactant synthesized by reaction between fatty alcohols and ethylene oxide in the presence of a catalyst. Ethoxylated Alcohol’s dual nature of water and oil miscible nature makes them an important surfactant. Ethoxylated alcohol is employed as an emulsifying agent to make cream base of personal care items. It has various applications such as industrial cleaners, household cleaning items, shampoos, soaps, detergents, soaps, emollients, foam-boosters, solubilizers for fragrances, and much more. Other uses of Ethoxylated Alcohol include inks, cleaners, resins, lubricants, drilling and cutting oil, liquid soaps, degreasers, leather protectors, whiteboard cleansers, printing pastes. It is also used to synthesize acetates and alcoholates.
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The primary driver behind the expansion of the Ethoxylated Alcohol market is due to consumption by the detergent and cleaner industry. The under-lying reason this is the water-miscibility and non-toxicity of Ethoxylated Alcohol. In 2021, the Detergent industry held a market share of about 50% of the total Ethoxylated Alcohol and is anticipated to dominate the market in the forecast period. The growing demand for cleaning agents, detergents and personal care is expected to further increase in the coming future due to demands of the growing population.
The Ethoxylated Alcohol market is segregated based on end-use, sales channel, and region. Australia is the largest Ethoxylated Alcohol producer in the current scenario. Based on demand by region, Asia Pacific is dominating the market for the consumption of 41% of Ethoxylated Alcohol in 2021 and is anticipated to maintain this position in the forecast period till 2035 with a CAGR of 3.15%. Asia Pacific has the highest capacity of producing Ethoxylated Alcohol and produced about 40% of the globally produced Ethoxylated Alcohol.
Based on Type, the global Ethoxylated Alcohol market is segmented into Nonylphenol Ethoxylate, Fatty Alcohol Ethoxylates, Octylephenol Ethoxylates, and Others. The Fatty Alcohol Ethoxylates is dominating the market with a market share of about 46% in 2021 and expected to expand with a CAGR of 4.78% by 2035.
Based on end-uses, the Ethoxylated Alcohol market is segregated into Detergents, Personal Care, Pharmaceuticals, Textiles, and others. The highest demand for Ethoxylated Alcohol is by the Detergents sector, making up approximately 50% of the total market in 2021, and is anticipated to stay the biggest shareholder in the coming years with an expected CAGR of 5.06%. Interestingly, the pharmaceutical sector will likely grow with an anticipated CAGR of 6.20% in the forecast period.
“Global Ethoxylated Alcohol Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Type, Sales Channel, Regional Demand, Company Share, 2015-2035”, the significant players functional in the Global Ethoxylated Alcohol are Dow Chemical Company, Sadara Chemical Company, BASF SE, Sasol Ltd, Ineos oxide, Lyondell bassel, PETRONAS Chemicals, and others.
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“The rapidly increasing demand for detergents and cleansers is driving the Ethoxylated Alcohol market which is expected to expand in the forecast period until 2035. Consistently growing demand for Ethoxylated Alcohol due to its miscibility nature with water and oil for synthesizing detergents, cleaning agents, personal care products, pharmaceuticals. Furthermore, in the upcoming times the demand of Ethoxylated Alcohol due to growing demand of these commodities by the growing population resulting in Ethoxylated Alcohol market expansion in the upcoming years. “said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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