|Narrow Range Ethoxylates Market 2022 Supply-demand, Company Analysis And Forecast 2030|
Narrow Range Ethoxylates Industry Overview
The global narrow range ethoxylates market size is expected to reach USD 8.04 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.0% from 2021 to 2028. The market growth can be attributed to the increasing use of narrow range ethoxylates as an industrial surfactant in various end-use applications, including paints and coatings, residential and commercial cleaning products, textiles, paper processing, and pesticide formulations.
Narrow Range Ethoxylates Market Segmentation
Grand View Research has segmented the global narrow range ethoxylates market on the basis of application and region:
Based on the Application Insights, the market is segmented into Household Cleaning, Commercial Cleaning, Industrial Cleaning.
- The commercial cleaning application segment captured the largest revenue share of 64.9% in 2020. The use of narrow range ethoxylates is growing in commercial cleaning products as they can emulsify soil, help in suspending particulate soil, and can be extensively used in multi-purpose cleaners for use in commercial cleaning formulations.
- There has been a rise in awareness regarding the importance of cleanliness and safety of workers in the commercial space, leading to an increase in the consumption of cleaning products, thereby benefiting the market demand in commercial applications.
- Narrow range ethoxylates are extensively used in three major applications, namely household cleaning, industrial cleaning, and commercial cleaning. Narrow range ethoxylates are used for improving the degreasing performance of cleaning products at a lower concentration.
- In industrial cleaning applications, narrow range ethoxylates are used for different purposes such as metal degreasing, fiber refining, detergent, and dispersant. They are widely used in industrial cleaning formulations as they are water-miscible defoamer, cost-effective, non-persistent, environmentally safe, and offer high performance.
Narrow Range Ethoxylates Regional Outlook
- North America
- Asia Pacific
- Central & South America
- Middle East & Africa (MEA)
Key Companies Profile & Market Share Insights
The market for narrow range ethoxylates is highly consolidated and characterized by well-established players having high production capacities and strong distribution networks, thus occupying a major market share. Most of the narrow range ethoxylates are utilized for commercial cleaning purposes in surfactant formulations, followed by household cleaning formulations.
Some prominent players in the global narrow range ethoxylates market include
- Sasol Limited
- Evonik Industries
- Univar Solutions
- Dow Chemicals
- Stepan Company
Order a free sample PDF of the Narrow Range Ethoxylates Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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