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Ethoxylates Market growth will be stimulated by increasing demand in pharmaceutical industry

Author : Ronak Bora | Published Date : 2019-03-27 

Global Market Insights, Inc. adds new Ethoxylates Market report which provides in-depth information about Industry overview, top vendors, Key market highlights, product types, drivers, challenges, trends, industry landscape, size and forecast.

Ethoxylates Market size may grow significantly during the forecast timeframe.  Increasing application scope in pharmaceutical, agrochemicals, and personal care should drive industry growth.

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They are organic compounds that are produced by mixing phenols and alcohols with ethylene oxide and potassium hydroxide as a catalyst. Alcohol ethoxylates are modified into related compounds known as ethoxysulfates. These compounds are known as surfactants which have various applications in laundry detergents, cosmetics, pharmaceutical, surface cleaners, textiles, agricultural products and paints sectors.

Glycerine ethoxylates market size may witness favorable gains over the forecast timeframe. Strong application scope in cosmetic, adhesives and construction industries. In the construction industry, it is used as emulsifier to improvise penetration.

Shift in consumer preference towards pharmaceutical products should drive ethoxylates market size. Global healthcare market may witness significant gains at over 5%. Increasing number of diseases along with rising medical expenses may favor industry growth.

The laundry care markets have applications such as liquid detergents, powder detergents, bars, fabric conditioners, and laundry pre-treatment products. Nonyphenol ethoxylates is widely used in laundry detergent purposes. Increasing population supported by varying lifestyles may drive laundry care product demand. Growing consumer awareness towards hygiene and health along with advancement in technology for laundry care products may stimulate industry growth over the forecast timeframe.

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Positive application outlook in personal care and cosmetic sectors should drive ethoxylates market size over the forecast period. They are widely used as solvents while manufacturing cosmetics product, as they are non-ionic in nature and have good emulsifying characteristics. Global cosmetic market should witness above average gains at 5.5% by 2024. Personal care products are including lotions, hair dyes, skincare, hair care, perfumes and deodorants. Hair care products accounted for over 25% of the total market share in 2016. Castor oil and alcohol ethoxylates are few product types that are used in the personal care and cosmetics industry.

Europe ethoxylates market size, driven by UK, France, Italy, and Germany, should show significant gains owing to rising demand for environment friendly products in the personal care sector. EU member has banned the usage of NPE toxic substances which are found in clothing, thereby stimulating regional growth.

Asia Pacific driven by India, Japan, South Korea and China ethoxylates market size should witness significant growth rate over the forecast period. Rise in disposable income along with increase in personal care products should drive regional industry growth.

Global ethoxylates market share is moderately fragmented. Key market players operating in the business includes Sasol Olefins & Surfactants, The Dow Chemical Company, BASF, Ineos Group, Shell Chemicals, Clariant, Huntsman International, India Glycols, and Air Products & Chemicals.

Browse Full Report @ https://www.gminsights.com/industry-analysis/ethoxylates-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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