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Ethoxylates Market size was valued at USD 12 billion in 2022 and is expected to depict a 4% CAGR between 2023 to 2032.
Ethoxylates are utilized across a broad range of applications such as lubricants, cosmetics, soaps & detergents, cleaning chemicals, and solvents. Product consumption in the home & personal care sector is growing steadily owing to attributes such as rapid surface-wetting, excellent detergency, and low-foaming properties. The economic development of the middle class has also increased spending ability for high-quality personal care products. Growing consumer demand for cosmetics, in addition to rising disposable income, will thus increase the adoption of ethoxylates over the years.
Report Attribute | Details |
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Base Year: | 2022 |
Ethoxylates Market Size in 2022: | USD 12 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4% |
2032 Value Projection: | USD 19 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 350 |
Tables, Charts & Figures: | 224 |
Segments covered: | Product, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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It is expected that a negative impact on aquatic life and the environment owing to toxicity may impede overall market statistics. Ethoxylates are utilized in surfactant degradation and detergents in treating sewages and surface waters. Ethoxylate surfactants pose a threat to sediment organisms and sewage treatment facility organisms, affecting the environmental species. Therefore, the high toxicity of ethoxylates will limit their usage across industry verticals.