Alcohol Ethoxylates Market Size & Share, by Product Type (Oleochemical, Petrochemical); Application (Cleaners, Cosmetics, Detergents); End-user Industry (Paper, Metal Working, Oil, Agriculture, Textile) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 4145
  • Published Date: Sep 28, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Alcohol Ethoxylates Market size is expected to surpass USD 10.5 Billion by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of alcohol ethoxylates was over USD 7.2 Billion. The expanding construction sector could also be associated with the expansion of the market. In the building industry, alcohol ethoxylates are used in many different applications and their use can be varied.  In particular, given the ability to act as wet substances, emulsifiers, or dispersants, they have been particularly useful in concrete production, adhesives and paints. Overall, there were 1,337,800 housing units at the end of 2021 across the United States, which is an increase of 4% from last year.

Moreover, an increased demand in the pharmaceutical industry is expected to be one of the factors contributing to market growth for alcohol ethoxylates. Alcohol ethoxylate has been used in the pharmaceutical industry to manufacture novel products and acts as an emulsifier. R&D spending by the pharmaceutical industry is approximately USD 100 billion a year.


alcohol-ethoxylates-amrket-scope
Get more information on this report: Request Free Sample PDF

Alcohol Ethoxylates Market: Growth Drivers and Challenges

Growth Drivers

  • Growing Oil & Gas Sector- In the coming years, as more and more people are moving into cities worldwide, this sector is projected to expand further. India is consuming over 4 million BPD of oil per day by 2021.
  • Rising Demand for Consumer Products- The demand for consumer goods containing alcohol ethoxylates, such as paints and coatings, dishwashing solutions, laundry detergents, and other cleaning products, is predicted to rise as the world's population expands. The average yearly cost of detergents, and soaps in the United States in 2020 was USD 75.53, and that cost rose to USD 80.49 per consumer unit in 2021, according to the Bureau of Labour Statistics.
  • Increasing Awareness of Hygiene- The demand for cleaning solutions that contain alcohol ethoxylates has increased due to the significance of cleanliness and hygiene. According to the latest recent data, approximately 4 billion people used a sanitation service that was safely managed in 2020. 

Challenges

  • Slow Adoption Rate in Developing Nations- The availability of substitute materials is one of the primary problems anticipated to impede the market's expansion. For instance, in developing countries, substitutes for alcohol ethoxylate are being employed in the manufacture of household items.
  • The market's expansion could be negatively impacted by changes in the price of raw materials.
  • Too many restrictions imposed by the government could prevent the market from growing.

Alcohol Ethoxylates Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 5 %

Base Year Market Size (2023)

 ~ USD 7.2 Billion

Forecast Year Market Size (2036)

 ~ USD 10.5 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
Get more information on this report: Request Free Sample PDF

Alcohol Ethoxylates Segmentation

Application (Cleaners, Cosmetics, Detergents)

The cosmetics segment is anticipated to account for 53% share of the global alcohol ethoxylates market during the forecast period. The segment's growth is due to the increasing demand for cosmetic items. The use of alcohol ethoxylate in the cosmetic industry has significantly expanded due to the rising demand for cosmetics around the world. Additionally, there is a tendency towards using more environmentally friendly surfactants, such as alcohol ethoxylates, which are biodegradable and have less of an impact on the environment than some other surfactants, as a result of the need for sustainable and environmentally friendly cosmetics. By 2027, it is anticipated that the market for natural cosmetics would be worth approximately USD 54 billion.

End-User Industry (Paper, Metal Working, Oil, Agriculture, Textile)

Alcohol ethoxylates market from the metal working segment is expected to garner a significant share of around 28% in the year 2036. The chemical is frequently used in metal working fluids because of its outstanding performance in oil-based emulsions. For instance, a US federal body, the US Bureau of Labour Statistics, stated in April 2023 that there were 60032 establishments in the private sector producing fabricated metal products, up from 59265 establishments in the third quarter of 2022.

Our in-depth analysis of the global alcohol ethoxylates market includes the following segments:

          Product Type

  • Oleochemical
  • Petrochemical

          Application

  • Cleaners
  • Cosmetics
  • Detergents

          End-User Industry

  • Paper
  • Oil
  • Agriculture
  • Textile
  • Metal Working

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Alcohol Ethoxylates Industry - Regional Synopsis

APAC Market Forecast

The Asia Pacific alcohol ethoxylates market is projected to hold the largest share by 31% during the forecast period. The market's growth is mostly the result of the personal care industry's expansion. Since, they are a significant component of many personal care products, such as shampoos, soaps, and other cleaning agents, alcohol ethoxylates are highly sought-after in the region. According to the National Bureau of Statistics of China, household spending per person in China increased to USD 3,781.2 in 2021, a nominal increase of 13.6% over the previous year.

North American Market Statistics

The North America market is estimated to hold 25% share of the alcohol ethoxylates market by the end of 2036. The market's growth is mostly attributable to the increased use of industrial cleaners. The demand for alcohol ethoxylates in the region is likely to rise along with the need for industrial cleansers. Additionally, industrial cleaners are widely used to clean and disinfect equipment, surfaces, and facilities in a range of businesses in the area, including manufacturing, food processing, and healthcare. In 2021, manufacturing accounted for 2.3 trillion USD, or 12.0% of the US GDP.

Research Nester
Alcohol Ethoxylates Market Region
Get more information on this report: Request Free Sample PDF

Companies Dominating the Alcohol Ethoxylates Market

top-features-companies
    • Sasol Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Huntsman International LLC.
    • BASF SE
    • Nouryon Chemicals Holding B.V.
    • Clariant AG
    • Royal Dutch Shell plc
    • Akzo Nobel N.V.
    • The Dow Chemical Company
    • Arkema S.A.
    • Evonik Industries AG

In the News

  • December 2022: Clariant AG announced to expand its Care Chemicals facility, in order to increase the level of service it provides for customers in the home care, personal care, and industrial application sectors. Further, the company is expected increase the production capacity for its Ethylene Oxide Derivatives (EODs) and a wider range of chemicals.
  • June 2021: Nouryon Chemicals Holding B.V. a global specialty chemicals leader, introduced a number of low-dioxane degreasers and cleaners to satisfy client demand for goods that are environmentally friendly and adhere to new US standards.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 4145
  • Published Date: Sep 28, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing oil & gas sector and increased awareness of hygiene are the major factors driving the growth of the alcohol ethoxylates market.

The market size of alcohol ethoxylates is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024-2036.

The major players in the market are Huntsman International LLC., BASF SE, Nouryon Chemicals Holding B.V., Clariant AG, Royal Dutch Shell plc, Akzo Nobel N.V., The Dow Chemical Company, Arkema S.A., and others.

The cosmetics segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Alcohol Ethoxylates Market Report Scope
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying