Global Narrow-Range Ethoxylate Market is anticipated to increase at an impressive rate through 2028.
Narrow-range Ethoxylate exhibits excellent degreasing properties with liquid at a lower concentration, and at the same time, it eliminates the hazardous solvent. Narrow-range ethoxylate provides excellent fatty soil removal in water-based cleaning products for different applications like degreasing, engine cleaning, microemulsions, vehicle cleaning, and others, especially when combined with performance-boosting co-surfactants. Besides this, favourable government policy for sustainable development and ongoing R&D is expected to drive the global narrow-range Ethoxylate market in the forecasted period.
Growing demand from Industries for cleaning Purposes is driving the market demand
In industrial setup, firms are taking preventive measures by regularly maintaining machinery plants, storehouses, and warehouses. According to the International Labour Organization (ILO), most of the deaths reported among industrial workers are caused by occupational diseases, of which hazardous substances are the major causes of death. Around 651,279 deaths are reported among workers due to exposure to hazardous substances annually. Hence, regular maintenance is provided to create a healthier & safer work environment and increase productivity and profitability by reducing leisure time and accidents. Here, narrow range ethoxylate is considered the best industrial cleansing solution alternative as it provides effective cleaning at high and low temperatures and contains two non-ionic surfactants with different cloud points at low cost. As the demand for industrial cleaning rises, it is expected to be an increase in the demand for narrow range ethoxylate in the market for the anticipated period.
Increasing Demand for Household Cleansing Products to Propel the Market Growth
Household cleansing is one of the most significant market share contributors to the consumer goods segment. Ethoxylate with a narrow range of molecular weight distribution, such as sodium nitrate, triacetate (trisodium salt of nitrilotriacetic acid), and sodium nitrilotriacetate, is considered an effective alternative to phosphates in consumer cleansing products. Apart from these, it is used in soap and detergent, where sodium dodecyl sulphate and anionic surfactant are the prominent alternatives. Narrow-range ethoxylate-based product has excellent degreasing performance at lower use concentration, have low VOCs, and are biodegradable. They have a wide range of household cleaning applications for the floor, kitchen, bathroom, and upholstery. Hence, the growing demand for biodegradable cleaning products is expected to increase the global narrow-range ethoxylate market demand in the forecasted period. Furthermore, growing demand from end-user industries like paints and coatings, oil and gas, agrochemicals, home and personal care, polymer pharmaceutical, and others are expected to propel the demand for the narrow range ethoxylate market at an impressive rate in the forecasted period.
Increasing investment in Research & Development Driving the Market Growth
To better serve consumer's needs and support end users' aspirations for sustainability, firms are increasing their investment to develop and offer natural or vegetable-based surfactants. Through various R&D, companies have developed new products and patented those products as their assets to get the first mover advantage. Apart from these, stringent government policies over chemicals or solvents having high VOC are expected to build valuable market opportunities.
Patent Registration
The Procter & Gamble Company has registered a patent for a narrow range of alcohol alkoxylates and derivatives, such as alkyl ethoxy sulfates. These narrow range alkoxylate alcohols may be utilized as non-ionic surfactants or sulfated to create anionic surfactants, such as alcohol ethoxy sulfates. Both varieties of surfactants have numerous applications, including in cleaning compositions or detergents like laundry detergents.
Market Segmentation
Global narrow-range Ethoxylate market is segmented
Market Players
Oxiteno SA Industria e Comercio, Stepan Co, ESTI CHEM A/S, Dow Chemical Co, Venus Ethoxyethers Pvt. Ltd., Esteem Industries Pvt. Ltd., Nouryon Holding BV., Univar Solutions Inc, Sasol Ltd, Evonik Industries AG are some of the major market player in global narrow-range Ethoxylate market.
Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million, Volume in tons and CAGR for 2018-2022 and
2023-2028
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Report coverage
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Revenue forecast, Volume forecast, company
share, competitive landscape, growth factors, and trends
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Segments covered
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Source
Application
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Regional scope
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North America; Europe; Asia Pacific; South
America; Middle East & Africa
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Country scope
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United States; Canada; Mexico; Germany; France; United Kingdom; Spain;
Italy; China; India; Japan; Australia; Malaysia; Brazil; Argentina; Colombia;
South Africa; UAE; Saudi Arabia; Egypt; Qatar.
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Key companies profiled
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Oxiteno SA Industria e Comercio,
Stepan Co, ESTI CHEM A/S, Dow Chemical Co, Venus Ethoxyethers Pvt. Ltd.,
Esteem Industries Pvt. Ltd., Nouryon Holding BV., Univar Solutions Inc, Sasol
Ltd, Evonik Industries AG
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Customization scope
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10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase
options
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