Alkoxylates Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Alkoxylates Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth
Market Overview of Alkoxylates Industry (2024-2030):
According to the latest report, The Alkoxylates Market is
projected to grow at a CAGR of around 4.9% during the forecast
period, i.e., 2024-30. The report demonstrates the prominent factors propelling
the exponential growth of the Alkoxylates industry.
Key
Takeaways: Beneficial for Stakeholders and Clients:
·
Historical Data: 2019-22
·
Base Year: 2023
·
Forecast Period: 2024-30
·
CAGR (2024-2030): 4.9%
What are the major Driver the Alkoxylates
industry?
Substantial Demand Growth for
Detergents & Cleaning Agents – In recent
years, especially after the COVID-19 pandemic detergents & cleaning agents
have witnessed a tremendous demand across the globe. To maintain hygiene in
households & industries, many of the sectors are opting for them for
cleaning purposes. This eventually boosted the demand for alkoxylates over the
historical period. Moreover, the need for soaps & detergents has been
driven due to the growing application in hospitals, hotels, and public toilets.
Also,
surging tourists, public & private investments, and government initiatives
are some of the factors resulting in the growth of the construction of hotels,
hospitals, and public toilets. Thus, to cater to the global demand for soaps
& detergents, manufacturing companies are focusing on increasing the production
capabilities of their products. Hence, the growth in the production of
detergents, and cleaning agents ultimately fuels the Global Alkoxylates Market
during the forecast period.
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Alkoxylates Market Segmentation
The Alkoxylates
Market analysis of Markntel Advisors explores the industry by emphasizing the
growth parameters and categorizes including geographical segmentation, to offer
a comprehensive understanding of the market dynamic. The further bifurcations
are as follows:
- By Grade
- Natural
- Synthetic
- By Type
- Fatty Alcohol Alkoxylates
- Methyl Ether Alkoxylates
- Fatty Acid Alkoxylates
- Fatty Amine Alkoxylates
- Glycerine Alkoxylates
- Others (Tristyrylphenol Alkoxylates,
PropyleneOxide Copolymers, etc.)
- By Application Type
- Wetting Agents
- Cleansing Agents
- Emulsifiers
- Dispersing Agents
- Demulsifiers
- Detergents
- Others (Solubilizers, etc.)
- By End Users
- Agrochemicals
- Paint & Coatings
- Personal Care
- Pharmaceuticals
- Oil & Gas
- Others (Papers, Textile, Ceramic, etc.)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
As per
the regional aspect, the Alkoxylates Market is expected to be dominated by North
America by capturing the potential market share.
Explore further details about
this research report - https://www.marknteladvisors.com/research-library/alkoxylates-market.html
Top
Companies in the Alkoxylates Market
Croda International PLC, BASF SE, Lamberti S.p.A.,
The Dow Chemical Company, ChemPoint.com Inc., Evonik Industries, Eastman
Chemical Company, Clariant AG, LyondellBasell Industries Holdings B.V., Sasol
Limited., Solvay S.A., Akzo Nobel N.V., Stepan Company, KLK OLEO., HUNTSMAN
INTERNATIONAL LLC, Others,
Alkoxylates
Industry Recent Development:
2023: BASF SE instigates its production capacity
in Europe (Antwerp, Belgium, and Ludwigshafen, Germany) to produce Alkoxylate.
2023: Clariant AG announced to launch 100% bio-degradable
surfactant range, increasing the transition towards renewable carbon.
Others Reports:
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