Global Narrow Range Ethoxylates Market by Application (Industrial Cleaning, Household Cleaning, Commercial Cleaning) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global narrow range ethoxylates sales were valued at USD 4.05 Billion in 2020. They are expected to grow at a compound annual rate (CAGR), of 9.0% between 2021 and 2028. Manufacturers have been able to shift their focus to making cleaners that are more environmentally friendly due to growing consumer awareness about hygiene standards and safety. This has positively impacted the market growth. The increasing demand for surfactants, as well as other cleaning products, has been a major factor in driving demand for narrow-range ethoxylates. Market growth is expected to be boosted by the addition of narrow-range ethoxylates, which will improve surfactants' overall performance.

Due to their extensive use in surface disinfectants, the demand for narrow-range ethoxylates has increased significantly in the wake of the unprecedented COVID-19 outbreak. This has contributed to market growth by increasing the demand for cleaning products due to growing consumer fear.

Industrial production of narrow range ethoxylates is possible by adding ethylene oxide or fatty alcohol to the solution in the presence an appropriate alkaline catalyst. They are biodegradable and nonionic surfactants. They have a number of beneficial properties, including reduced irritation to the eyes/skin and lower alcohol content.

Because of their excellent properties in cleaning products, surface-active substances can be used as degreasing agents. These properties allow them to be used as part of a variety of product formulations such as laundry soap, all-purpose cleaners, and hard surface cleaners. They are also used in a variety of end-use applications, such as engine cleaning and all-purpose cleaning, vehicle washing, detergents for textiles, machine disheswashing and microemulsions.

Commercial sales of narrow range ethoxylates take place via B2B channels to end-use industries such as leather, textile, agrochemicals, paints and coatings. End-user manufacturers use narrow range ethoxylates as part of their product formulations for cleaning products such as surface disinfectants or sanitizers. End-user companies can either sell their products directly or through other intermediaries such as wholesalers and retailers.

The fluctuating costs of raw materials are a major factor in determining the price. The price of a product is affected by the fluctuating cost of raw materials. This includes ethylene oxide, fatty acids, and other products. There was a strong demand for products that could be used for other purposes, leading to an increase of the product price.

Application Insights

In 2020, 64.9% of the revenue came from commercial cleaning applications. Because they can emulsify soil and help in suspending particulate, narrow-range ethoxylates are becoming more popular in commercial cleaning products. They can also be used extensively in multi-purpose cleaners that can be used in commercial cleaning formulations. The importance of safety and cleanliness in the commercial sector has increased, which has led to a greater demand for cleaning products.

Three main applications of narrow range ethoxylates include household, industrial, and commercial cleaning. For cleaning products that are less concentrated, narrow range ethoxylates can be used to improve their degreasing properties. They can also be used as surfactants and builders. Due to the spread of COVID-19, the demand for narrow-range ethoxylates in healthcare, hospitality, food service, and cleaning is on the rise.

For industrial cleaning, narrow-range ethoxylates can be used for a variety of purposes, including metal degreasing and fiber refining. Because they are non-persistent and cost-effective, are highly effective in industrial cleaning formulations, are water-miscible, non-persistent, safe for the environment, and provide high performance, they are widely used. They do not produce foam which makes them an attractive choice for manufacturers. Foam may decrease cleaning performance and slow down production.

Regional Insights

Asia Pacific was responsible for 32.3% of the total revenue in 2020. Demand is driven by the growing awareness of hygiene and health, as well as the adoption of high standards in cleaning and disinfection for both commercial and household cleaning applications. Due to increased demand for cleaning products due to the COVID-19 pandemic, the consumption of narrow-range ethoxylates has been on the rise, particularly in surface disinfectants. It is expected that the availability of low-cost active ingredients such as ethylene oxide for production of narrow range Ethoxylates will accelerate industry growth, both at the domestic and international levels.

China will be a major shareholder in the Asia Pacific region over the forecast period due to the widespread spread of COVID-19 throughout the country. Japan's strict hygiene standards will drive significant growth over the next few years. India's growing population and awareness of hygiene and health will drive the industry.

North America's market is experiencing significant growth due to the increasing demand for commercial dishwashers and commercial cleaning machines for various applications. Commercial cleaning machines are different from home cleaning machines, which results in a shift in the size and demand for the products used. Companies are also focusing heavily on R&D and developing new narrow-range ethoxylates in order to meet consumer demand.

Sasol's North American branch in 2015 patented NOVEL, a narrow-range ethoxylation catalyst technology. There are many outstanding quality ethoxylates that can be made for different alcohol sources. The market is expected to grow due to increased research and development activities in the area.

The market growth is expected to be fueled by the increasing demand for liquid detergents in North America. They improve the cleaning performance and are easy to use.

Market Share Insights & Key Companies

The market for narrow-range ethoxylates has a strong foundation. It is characterized by established players with high production capacities and strong distribution network, which means that they hold a significant market share. The majority of narrow-range ethoxylates can be used in commercial cleaning products, such as surfactant formulations. They are then used in household cleaning formulations.

Because production is capital-intensive, manufacturers prefer to produce large quantities rather than small batches. Market players are also shifting towards product customization to meet the needs of customers. The following are some of the major players in global narrow-range ethoxylates industry:

• Sasol Limited

• Evonik Industries

• Nouryon

• Univar Solutions

• Dow Chemicals

• Stepan Company

Up Market Research published a new report titled “Narrow Range Ethoxylates Market research report which is segmented by Application (Industrial Cleaning, Household Cleaning, Commercial Cleaning), By Players/Companies Sasol Limited, Nouryon, Stepan Company, Dow Chemicals, Univar Solutions, Evonik Industries”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Narrow Range Ethoxylates Market Report Segments:

The market is segmented by Application (Industrial Cleaning, Household Cleaning, Commercial Cleaning).

Narrow Range Ethoxylates Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Narrow Range Ethoxylates Market

Overview of the regional outlook of the Narrow Range Ethoxylates Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Narrow Range Ethoxylates Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Narrow Range Ethoxylates Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Industrial Cleaning

                2. Household Cleaning

                3. Commercial Cleaning

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Narrow Range Ethoxylates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Narrow Range Ethoxylates Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.