Valley Cottage, NY -- (SBWIRE) -- 06/14/2019 -- Global Alcohol Ethoxylates Market: Market Introduction
Alcohol ethoxylates (AE) are a group of chemicals that are commonly used in commercial as well as industrial applications. Alcohol ethoxylates are non-ionic surfactants. Alcohol ethoxylates are a mixture of various alkyl chains and single cut alcohols. On the basis of carbon atoms, alcohol ethoxylates market has been classified into various types, such as fatty alcohol ethoxylates, lauryl alcohol ethoxylates, ceto steary alcohol ethoxylates, and behenyl alcohol ethoxylates, etc. Alcohol ethoxylates are hydrophobic in nature, and they are widely used in surfactants because of this physical property.
Alcohol ethoxylates have low odor, and are clear liquids with high purity, and have a colorless to a pale yellow color. Further, some of the key physical properties of alcohol ethoxylates are that they are generally biodegradable and are non-toxic in the aquatic environment. Primary applications of alcohol ethoxylates include as wetting agents, coagulants, emulsifiers, dispersing agents, surfactants, and many more. Furthermore, alcohol ethoxylates are used in various end-use industries such as paints & coatings, home & personal care products, oil & gas, agrochemicals, pharmaceutical, and industrial cleaning.
Global Alcohol Ethoxylates Market: Market Dynamics
Rapidly growing population and industrial activities have increased the need for materials and additives like alcohol ethoxylates for various commonly used products, such as paints, washing detergents etc. Owing to their physiochemical properties, alcohol ethoxylates witness high demand in surfactants, coatings, personal care products, metalworking fluids, agrochemicals, oil & gas. This rise in demand from different applications in various end-use products acts as a driving factor for the global alcohol ethoxylates market during the forecast period. However, alcohol ethoxylates face constant competition from alternative products, such as nonylphenol ethoxylates. This is expected hamper the growth of the global alcohol ethoxylates market during the forecast period
In 2016, BASF SE announced to expand its surfactants plant in India, to increase the production capacity and fulfill the APAC's customer demand. Further, in Sep'15, Shell announced to expand its manufacturing capacity of high-purity ethoxylates and ethylene oxide at Singapore. These strategic developments of alcohol ethoxylates reflect the trend of manufacturing expansion in the global alcohol ethoxylates market.
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Global Alcohol Ethoxylates Market: Market Segmentations
On the basis of product type, global alcohol ethoxylates market can be segmented as mentioned below:
Fatty Alcohol Ethoxylates
Lauryl Alcohol (C12 - C14) Ethoxylates
Ceto Stearyl Alcohol (C16 - C18) Ethoxylates
Behenyl Alcohol (C22) Ethoxylates
Oleyl Cetyl Alcohol Ethoxylates
On the basis of source, global alcohol ethoxylates market can be segmented as mentioned below:
On the basis of end use industry, global alcohol ethoxylates market can be segmented as mentioned below:
Paints & Coatings
Oil & Gas
Home & Personal Care
On the basis of function, a global alcohol ethoxylates market can be segmented as mentioned below:
Global Alcohol Ethoxylates Market: Regional Outlook
The global alcohol Ethoxylates market study has been segmented into regions such as Europe, South East Asia Pacific, China, North America, Middle East & Africa, Latin America, etc. China is expected to hold significant market share in global alcohol ethoxylates, owing to the high presence of manufacturing industries that produces various products wherein alcohol ethoxylates are used as additives. For instance, in FY2017, China accounted for around 25% market share in coating production.
In home and personal care market, developed regions like North America and Europe are expected to capture significant market share in the global alcohol ethoxylates market. Hence these regions are projected to grow with the healthy growth rate in alcohol ethoxylates market over the forecast period. Favorable regulations by government agencies, such as FDA approvals of alcohol ethoxylates in skin care products will stimulate greater demand for alcohol ethoxylates market in upcoming years.
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Global Alcohol Ethoxylates Market: Key Participants
Global alcohol ethoxylates market is highly fragmented market due to the high presence of local to international players across worldwide. Few of key participants are identified across the value chain of alcohol ethoxylates market which is as mentioned below:
Venus Ethoxyethers Pvt. Ltd.
P & G Chemicals
Royal Dutch Shell
Akzo Nobel N. V.
Saibaba Surfactants Pvt Ltd.
Qingdao Ocean Import and Export Co., Ltd.
Frank LIU Shanghai Terppon Chemical Co., Ltd.