Fatty Acid Ethoxylate Market is Expected to Reach $1.33 Billion by 2019, at a CAGR of 3.3% From 2014 to 2019
FORT WORTH, Texas, June 9, 2015 /PRNewswire/ --
The global fatty acid ethoxylate market is expected to reach a value of $1.33 billion by 2019, at a CAGR of 3.3% from 2014 to 2019.
Browse through the TOC of Fatty Acid Ethoxylate Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Fatty acid ethoxylate is a non-ionic surfactant. It is produced through a process called ethoxylation, where fatty acids are reacted with ethylene oxide to produce a mixture of hydrogen esters. These are used in a variety of household applications and cleaning applications. In cosmetics and pharmaceuticals, they are used as emulsifiers and solubilizers. The biggest application segment, however, is the household and personal care sector, which uses fatty acid ethoxylates in dishwashing, laundry, and metal cleaning products.
The global market is projected to reach a value of $1.33 billion by 2019, at a CAGR of 3.3% from 2014 to 2019. The factors that are enhancing the growth of this market include the increasing consumption by the emerging countries in Asia such as China and India in sectors such as household and personal care and agrochemicals.
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The applications covered in this report include household and personal care, pharmaceuticals, oilfield, and agrochemicals, among others. The household and personal care segment is the largest segment in the global fatty acid ethoxylate market, as of 2014. The major regions considered for the geographic analysis of the market include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
The key players of the market include BASF SE (Germany), Huntsman Corporation (U.S.), Stepan Company (U.S.), Clariant A.G. (Switzerland), India Glycols (India), and INEOS (Switzerland), among others.
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The glyceride ethoxylate market constituted 6.4% share of the global ethoxylate market in 2014, and is projected to grow at a CAGR of 2.4% from 2014 to 2019.
The global glyceride ethoxylate market was valued at $640.7 million in 2014, and is projected to reach $720.5 million by 2019, at a CAGR of 2.4% from 2014 to 2019.
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