Ethoxylates Market likely to reach beyond 12.37 Billion USD by 2021 at a CAGR of 3.33% with key revenue impact
[138 Pages Report] The Ethoxylates Market was valued at USD 10.16 Billion in 2015
and is projected to reach USD 12.37 Billion by 2021, at a CAGR of 3.33% from
2016 to 2021. In this report, 2015 is considered the base year and the forecast
period is from 2016 to 2021.
The major players operating in
the global ethoxylates market are, BASF SE (Germany), Royal Dutch Shell Plc
(Netherlands), Huntsman International LLC (U.S.), Stepan Company (U.S.),
Clariant AG (Switzerland), The Dow Chemical Company (U.S.), Sasol Ltd (South
Africa), India Glycols Ltd. (India), Ineos Group Ltd. (Switzerland), and Solvay
(Belgium).
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Premium Insights of
reports:
·
Attractive Market Opportunities
·
Rapid Growth in Ethoxylates Market Due to High Demand in
Developing Regions
·
Ethoxylates Market, By Type
·
Ethoxylates Market in Europe, By Type and Country
·
Ethoxylates Market Attractiveness
This research study
involves the extensive use of secondary sources, directories, and databases
(such as Hoovers, Bloomberg BusinessWeek, and Factiva), to identify and collect
information useful for this technical, market-oriented, and commercial study of
the global ethoxylates market. The primary sources mainly include several
industry experts from core and related industries and preferred suppliers,
manufacturers, distributors, service providers, and organizations related to
all segments of the industry’s supply chain. After arriving at the total market
size, the overall market has been split into several segments and subsegments.
The ethoxylates market is extremely
competitive. In terms of the global market, the industry comprises of several
market participants with a few market leaders. In the ethoxylates market, there
are established players, such as BASF SE (Germany), Huntsman Corporation
(U.S.), Clariant AG (Switzerland), Stepan Company (Illinois), and The Dow
Chemical Company (U.S.). These top players have a significant control on the
market. These players maintain their leading position by launching new products
and making substantial investments for capacity expansions.
Expansions is the major strategy
followed by the players in the global ethoxylates market. Royal Dutch Shell
Plc. (The Netherlands), is one of the leading ethoxylates manufacturers,
globally. The company has been focusing on expansions to maintain its leading
position in the market. For instance, in November 2015, Shell Nanhai B.V.
(Shell) and China National Offshore Oil Corporation (China), have received
permission to build an ethylene cracker and other derivative units, after
receiving required government approvals. In September 2015, Shell announced the
doubling of its production capacity of high-purity ethylene oxide and
ethoxylates at its Jurong Island site (Singapore). This plant will have an
ethoxylates production capacity of 140,000 tonnes per annum. These expansions
will help in meeting the rising demand for ethoxylates in the Asia-Pacific
region.
For more insights go to our site: https://www.marketsandmarkets.com/PressReleases/Ethoxylates.asp
Clariant AG (Switzerland) is another major player in the ethoxylates market. The company is also focusing on expansions as a part of its strategic development activities. In October 2014, Clariant AG invested in its first Regional Innovation Center (RIC) in India, to increase research on surfactants, specialty polymers, and functional chemicals. In January 2014, Clariant AG expanded its ethoxylation plant in Daya Bay, Huizhou (China). In 2011, the initial capacity of the plant was of 50,000 MT/year. After completion of the expansion, the total capacity of the plant reached 100,000 MT/year. These strategic initiatives in terms of both, capacity and regional expansion will help the company to cater to the rising demand for ethoxylates globally.
Clariant AG (Switzerland) is another major player in the ethoxylates market. The company is also focusing on expansions as a part of its strategic development activities. In October 2014, Clariant AG invested in its first Regional Innovation Center (RIC) in India, to increase research on surfactants, specialty polymers, and functional chemicals. In January 2014, Clariant AG expanded its ethoxylation plant in Daya Bay, Huizhou (China). In 2011, the initial capacity of the plant was of 50,000 MT/year. After completion of the expansion, the total capacity of the plant reached 100,000 MT/year. These strategic initiatives in terms of both, capacity and regional expansion will help the company to cater to the rising demand for ethoxylates globally.
The global ethoxylates market is segmented
into five regions, namely, North America, Europe, Asia-Pacific,
the Middle East & Africa, and Latin America.
The European region is the largest Ethoxylates Market,
closely followed by the Asia-Pacific region,
in terms of value. The growing end-use industries such as, agrochemicals
and household & personal care is driving the demand for ethoxylates in
the Asia-Pacific region.
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630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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