LONDON, April 28, 2015 /PRNewswire/ -- The market for ethoxylates is estimated to grow on account of the increasing surfactants, and household & personal care market. The shift in lifestyles of consumers in major developing economies is also a major driving factor of the ethoxylates market. The factors restraining the market growth are low demand in developed nations and environmental regulations regarding the use of ethoxylates.
The ethoxylates market is projected to register a CAGR of 3.19% between 2014 and 2019 to reach $11,657.2 million. Household & personal care is the major application for the ethoxylates market with around 52.9% of the market share in terms of volume, in 2013. Pharmaceutical and oilfield chemicals are also expected to have a significant growth among the applications between 2014 and 2019.
Region-wise, Europe is leading the ethoxylates market, in terms of volume in 2014. Asia-Pacific will experience high growth between 2014 and 2019. Growth in Asia-Pacific is led by the increasing demand of household & personal care, and I&I cleaning products. As Asia-Pacific is house to the major developing economies so, a shift in consumer's lifestyle in developing nations is also a factor for the growth of the ethoxylates market in Asia-Pacific. Asia-Pacific is estimated to have high growth in the market due to the region's favorable prospects; several companies are expanding in Asian countries to benefit from the low-cost structures and growing local demand for ethoxylates for various applications, such as agrocehmicals, household & personal care, pharmaceutical, oilfield chemicals among others.
The report analyzes the ethoxylates market trends and forecasts till 2019. The market size has been provided in terms of market volume (kilo tons) and value ($million). The report also identifies prominent players and provides analysis for each player in terms of company overview, financials, products & services offered recent developments, and company strategy.
Scope of the report
This research report categorizes the global market for ethoxylates on the basis of type, application, and region in terms of revenues and analyzing trends in each of the sub markets.
On the basis of type: The market for ethoxylates is segmented by type of ethoxylates, such as alcohol ethoxylate, fatty amine ethoxylate, fatty acid ethoxylate, methyl ester ethoxylate, and glyceride ethoxylate. Each of these types has been further described in detail in the report with revenue forecasts as well.
On the basis of application: The market for ethoxylates is segmented by applications, such as agrochemicals, household & personal care, pharmaceutical, and, oilfield chemicals among others. Each application is further described in detail in the report with revenue forecasts as well.
On the basis of region: The ethoxylates market by type and application is segmented by key regions—Europe, North America, Asia-Pacific, Latin America, and The Middle East & Africa for key countries within these regions.
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