Nonylphenol Ethoxylates Market: Overview
Nonylphenol Ethoxylates (NPEs) as well as Nonylphenol (NP) are the extensively used members of the complex alkylphenol ethoxylate and alkylphenol class of non-ionic surfactants. Manufacturers treat nonylphenols with ethylene oxide under basic conditions to make nonylphenol ethoxylates. They are clear to light orange oily liquids or wax-like solids, and are considered as chemically stable and non-reactive.
Nonylphenol ethoxylates were initially used in domestic laundry products. The U.S. Environmental Protection Agency as well as detergent manufacturers have agreed to avoid its usage. Despite its harmful effects, nonylphenol ethoxylates are being used extensively as laundry detergents.
Nonylphenol ethoxylates have been used in the market for more than 50 years. Products composed of nonylphenol ethoxylates are useful in various sectors such as oil and gas recovery, paints, pest control products, power generation, pulp and paper processing, resins and protective coatings, steel manufacturing, and textile processing.
Various cleaning products such as detergents and degreasers are also manufactured for institutional and domestic use. Nonylphenol ethoxylates have even been used in a vast range of consumer oriented products such as cleaners, cosmetics, and even paints.
A number of hazards have also been associated with the use of nonylphenol ethoxylates. They are known to cause adverse effects on human health as well as the environment.
Nonylphenol Ethoxylates Market: Growth Trends
Nonylphenol ethoxylates may enter the human body through inhalation of air consisting of nonylphenol ethoxylates or ingestion of unhygienic or contaminated food or water. It may also enter the human body through dermal exposure to nonylphenol ethoxylates as well as products containing nonylphenol ethoxylates.
Long-chain nonylphenol ethoxylates break down rapidly in the environment to form short-chain nonylphenol ethoxylates and nonylphenols, which do not undergo further degradation easily. In liquid condition, nonylphenol ethoxylates tend to undergo degradation, which is photo-induced. In the atmosphere, nonylphenols are degraded at a rapid rate by hydroxyl radicals and are not be present in air usually.
Due to the ill-effects of nonylphenol ethoxylates mentioned above, the European Union has partially eliminated the use of nonylphenol /nonylphenol ethoxylates in most industrial and product sectors, while Canada has set up a pollution prevention plan designed to drastically reduce the usage of nonylphenol/nonylphenol ethoxylates.
The nonylphenol ethoxylates market is expected to be hampered in the near future due to the implementation of regulatory measures over the use of these ethoxylates.
Nonylphenol Ethoxylates Market: Region-wise Outlook
Asia Pacific is estimated to account for the major share of the global nonylphenol ethoxylates market. Demand in Asia Pacific is projected to be in accordance with the growth of applications in the region. Growth of the nonylphenol ethoxylates market is proportionally associated with the increase in manufacturing sites, commercial buildings, hotels, health care facilities, and others in the region. This is influenced by several factors such as increase in income and expenditure on the residential sector as well as the shift in manufacturing sites to the low-cost markets of Asia-Pacific.
Nonylphenol Ethoxylates Market: Key Players
Major players operating in the global nonylphenol ethoxylates market are AkzoNobel N.V., Stepan Company, Clariant AG, Huntsman Corporation, India Glycols, PCC Exol SA, PJSC Nizhnekamskneftekhim, SABIC, Solvay, and The DOW Chemical Company (U.S.).
Products manufactured by these companies are used by agrochemicals, I&I cleaning, leather, paints, oilfield chemicals, and textile related companies such as Geelong Leathers Ltd., Ineos Group, and Syngeta.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.