Global Fatty Acid Ethoxylate Market is Estimated to Grow at a CAGR of 3.3%

Date: 2015-08-15

“The global fatty acid ethoxylate market is estimated to grow at a CAGR of 3.3% from 2014 to 2019. In this report, the fatty acid ethoxylate market has been broadly classified on the basis of application and geography. The applications have been identified as household and personal care, pharmaceuticals, oilfield, and agrochemicals, among others. The geographical segments included in the report are Asia-Pacific, Europe, North America, Latin America, and Middle East & Africa. 

The household and personal care segment is expected to be the largest as well as the fastest-growing segment in the global fatty acid ethoxylate market, having been projected to grow at the fastest CAGR of 4.9%, in terms of value, during the forecast period of 2014 to 2019. Factors such as the rising living standards in the Asian economies; the increasing demand for cosmetics and household materials for dish and laundry washing; and the rising demand for agrochemicals are driving the growth of the global fatty acid ethoxylate market. 

The global fatty acid ethoxylate market is a competitive market with a number of market players. As of 2014, the global fatty acid ethoxylate market is majorly dominated by BASF SE (Germany), Huntsman Corporation (U.S.), Stepan Company (U.S.), Clariant A.G. (Switzerland), India Glycols (India), and INEOS (Switzerland), among others. New product launches, partnerships, agreements, collaborations, and joint ventures are among the major strategies adopted by most market players to achieve growth in the fatty acid ethoxylate market.

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