World Ethoxylates Market Growing at 3.20% CAGR to 2021
Ethoxylates market latest research report adds by ReportsnReports.com, the analysts forecast global Ethoxylates industry to grow at a CAGR of 3.20% during the period 2017-2021.
August 18, 2017 /MarketersMedia/ —
Ethoxylates market analyst says the latest trend gaining momentum in the market is new product developments. 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.
Complete report on Ethoxylates market spread across 91 pages, analyzing 20 major companies with table of content are now available at http://www.reportsnreports.com/reports/1159499-global-ethoxylates-market-2017-2021.html .
According to the ethoxylates market report, one of the major drivers for this market is Increasing use of alcohol ethoxylates. 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 and North America. The increase in the use of the ethoxylates in shampoos, conditioners, soaps, and house cleaners will propel the market demand during the forecast period.
The following companies as the key players in the global ethoxylates market: BASF, Clariant, Huntsman, Solvay, and The Dow Chemical Company. Other prominent vendors in the market are: DONGNAM, EMCO Dyestuff, India Glycols, J.C. Enterprises, LAFFANS Petrochemicals, Nikko Chemicals, Omni Impex Goa, P&G Chemicals, Royal Dutch Shell,Saibaba Surfactants, Stepan, TRISTAR INTERMEDIATES, Triveni Chemicals,Venus Ethoxyethers, and Wuhan Oxiran Special Chemicals.
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Global Ethoxylates Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global ethoxylates market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of ethoxylates from various types across various segments.
Further, the report states that one of the major factors hindering the growth of this market is Fluctuating crude oil prices. Ethoxylates are derived from petrochemicals. These are manufactured by ethoxylation of petroleum products. Petrochemicals prices are dependent on crude oil prices, as these are byproducts of crude oil. The fluctuating crude oil prices have severely affected the prices of raw materials, affecting the costs of the production of ethoxylates.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Ethoxylates are organic compounds that are made by the treatment of alcohol with ethylene oxide (EO) in the presence of catalysts like potassium hydroxide. Ethoxylates are used as intermediates in the production of surface cleaners, detergents, cosmetics, and paints. The textile processing, paints and coatings, agriculture, pulp and paper, and personal care industries are some of the major end-users of ethoxylates. Ethoxylates are used widely in various industrial applications because of their excellent properties such as high-water solubility, low toxicity, good formulation, and excellent wetting ability.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key industry trends?
What is driving this market?
What are the challenges to industry growth?
Who are the key vendors in this Ethoxylates market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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