We use cookies for a better user experience. Read our Privacy Policy

I Agree

Narrow Range Ethoxylates Market

Narrow Range Ethoxylates Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Global Narrow Range Ethoxylates Market: Overview

Following the unexpected outbreak of the novel coronavirus in late 2019, there has been a notable rise in the demand for products from the global narrow range ethoxylates market. These products are extensively used in the production of various surface disinfectants. Rising fear of contracting infection has put an impetus on increased usage of cleaning products, which has led to an increased demand in the global narrow range ethoxylates market.

Products in the global narrow range ethoxylates market are non-ionic and biodegradable surfactants made by industrially adding fatty alcohol to ethylene oxide in presence of appropriate alkaline catalyst. These products in the global narrow range ethoxylates market exhibit various properties that offer benefits such as lower free alcohol content as well as reduction in the irritation to skin or eyes. Easy availability of cost effective raw materials i.e. ethylene oxide is also likely to trigger momentum for the expansion of the global narrow range ethoxylates market in coming years.

Global Narrow Range Ethoxylates Market: Key Trends and Drivers

Rising consumer awareness pertaining to the hygiene standards as well as environmental protection and safety have resulted in various manufacturers diverting their focus to manufacture cleaning products that do not harm the environment. This trend has positively affected the growth trajectory of the global narrow range ethoxylates market. Moreover, increasing demand for cleaning products such as surfactants for various cleaning applications is also motivating the sales in the global narrow range ethoxylates market.

Addition of products in the global narrow range ethoxylates market in surfactants results in overall improvement in the performance of the said surfactants. The largest demand for the products in the global narrow range ethoxylates market can be attributed to three major applications, namely commercial cleaning, household cleaning, and industrial cleaning.

Global Narrow Range Ethoxylates Market: Major Players and Manufacturers

Some of the major incumbent players operational within the global narrow range ethoxylates market include Sasol Limited, Nouryon, Dow Chemicals, Evonik Industries, Univar Solutions, and Stepan Company, among others. The competitive landscape of the global narrow range ethoxylates market is considered to be highly consolidated owing to the presence of well-established regional as well as international players. Major players in the global narrow range ethoxylates market have high production capacities and feature a strong distribution and retail network.

Owing to the cost intensive nature of the production processes in global narrow range ethoxylates market, industry players and manufacturers opt for bulk production as opposed to production in smaller batches or quantities. Moreover, shifting consumer needs and dynamics have compelled players in the global narrow range ethoxylates market to move towards product customization. This enables them to fulfil the consumer’s specific demands.

Global Narrow Range Ethoxylates Market: Regional Assessment

Asia Pacific accounted for a larger share in the global narrow range ethoxylates market in 2020 owing to rising public awareness pertaining to the importance of keeping hygiene and health as well as adoption of higher standards of disinfection and cleaning in various commercial as well as household cleaning applications. Regionally, in Asia Pacific narrow range ethoxylates market, China is expected to lead as the most promising stakeholder owing to widespread of COVID-19 in the country.

Moreover, country of Japan is also likely to experience notable growth in global narrow range ethoxylates market in Asia Pacific in coming years owing to stringent hygiene standards prescribed by the local government. Furthermore, rising awareness regarding health as well as hygiene and presence of massive number of national population are also expected to drive the demand in global narrow range ethoxylates market in India in coming years.

Narrow Range Ethoxylates Market

Interested in this report?
Get a FREE Brochure now!

Request Brochure

*Get Brochure (PDF) sent to your email within minutes

N/A

Transparency Market Research Plus
  • We offer 100% free customisation with our Enterprise License!!
  • Get a free copy if the report you purchased is updated within 90 days
  • Regardless from where you have purchased the report, you can request an updated version of the report from us.

Complete the form below and we'll get back to you shortly.

546

Your personal details are safe with us. Privacy Policy*

Copyright © Transparency Market Research, Inc. All Rights reserved