The North America Alkoxylates Market is expected to witness market growth of 4.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 573.6 Kilo Tonnes, showcasing a growth of 20.1% (2020-2023).
Synthetic ethoxylates are a specific grade of alkoxylates, produced through the reaction of ethylene oxide with synthetic alcohols or other chemical compounds. This grade is widely used in this market due to its excellent surfactant properties, making it ideal for various applications such as detergents, personal care products, industrial cleaners, and agricultural formulations. Thus, the Synthetic ethoxylates in US market consumed 544.5 Kilo Tonnes in 2023.
The US market dominated the North America Alkoxylates Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.34 billion by 2031. The Canada market is experiencing a CAGR of 6.9% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 6% during 2024-2031.
This market refers to the industry involved in producing, distributing, and selling alkoxylate compounds. These are a class of specialty chemicals widely used as surfactants, emulsifiers, and dispersants in various industrial and consumer applications. They are produced through the alkoxylation process, where alcohols or phenols react with ethylene oxide, propylene oxide, or other alkylene oxides under specific conditions to form alkoxylate molecules.
In addition, the applications of these span a wide range of industries and sectors, owing to their versatile properties and functional capabilities. For example, alkoxylates are extensively used in agriculture as adjuvants and surfactants in pesticide formulations. They improve the wetting, spreading, and penetration of pesticides on plant surfaces, enhancing their effectiveness.
The high production of personal care products contributes to the expansion of the cosmetics industry in Mexico. This growth increases demand for raw materials and specialty chemicals, including alkoxylates, used in cosmetics formulations. These are crucial in creating stable and effective formulations for products such as shampoos, conditioners, lotions, and creams, driving their demand in the Mexican market.
According to the ITA, Mexico is an important manufacturer of these products in the region. In 2022, Mexico's personal care and cosmetics exports totaled USD 2.2 billion. The top three destinations for these exports were the United States, at over 55 per cent, and the rest were Central and South America. Therefore, the increasing cosmetics and personal care goods industry is driving growth.
Synthetic ethoxylates are a specific grade of alkoxylates, produced through the reaction of ethylene oxide with synthetic alcohols or other chemical compounds. This grade is widely used in this market due to its excellent surfactant properties, making it ideal for various applications such as detergents, personal care products, industrial cleaners, and agricultural formulations. Thus, the Synthetic ethoxylates in US market consumed 544.5 Kilo Tonnes in 2023.
The US market dominated the North America Alkoxylates Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.34 billion by 2031. The Canada market is experiencing a CAGR of 6.9% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 6% during 2024-2031.
This market refers to the industry involved in producing, distributing, and selling alkoxylate compounds. These are a class of specialty chemicals widely used as surfactants, emulsifiers, and dispersants in various industrial and consumer applications. They are produced through the alkoxylation process, where alcohols or phenols react with ethylene oxide, propylene oxide, or other alkylene oxides under specific conditions to form alkoxylate molecules.
In addition, the applications of these span a wide range of industries and sectors, owing to their versatile properties and functional capabilities. For example, alkoxylates are extensively used in agriculture as adjuvants and surfactants in pesticide formulations. They improve the wetting, spreading, and penetration of pesticides on plant surfaces, enhancing their effectiveness.
The high production of personal care products contributes to the expansion of the cosmetics industry in Mexico. This growth increases demand for raw materials and specialty chemicals, including alkoxylates, used in cosmetics formulations. These are crucial in creating stable and effective formulations for products such as shampoos, conditioners, lotions, and creams, driving their demand in the Mexican market.
According to the ITA, Mexico is an important manufacturer of these products in the region. In 2022, Mexico's personal care and cosmetics exports totaled USD 2.2 billion. The top three destinations for these exports were the United States, at over 55 per cent, and the rest were Central and South America. Therefore, the increasing cosmetics and personal care goods industry is driving growth.
List of Key Companies Profiled
- BASF SE
- Huntsman Corporation
- Mitsui Chemicals, Inc.
- SABIC (Saudi Arabian Oil Company)
- Shell plc
- Solvay SA
- The Dow Chemical Company
- Croda International Plc
- Evonik Industries AG (RAG-Stiftung)
- INEOS Group Holdings S.A.
Market Report Segmentation
By Grade (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Synthetic Ethoxylates
- Natural Ethoxylates
By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Fatty Acid Ethoxylates
- Alkyl Phenol Ethoxylates
- Glycerin Alkoxylates
- Sorbitan Ester Alkoxylates
- Other Types
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Surfactants
- Cleaning Agents
- Detergents
- Stabilizers
- Wetting Agents
- Other Applications
By End-use Industry (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Personal Care
- Paints & Coatings
- Agrochemicals
- Pharmaceuticals
- Oil & Gas
- Other End-use Industries
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Alkoxylates Market by Grade
Chapter 5. North America Alkoxylates Market by Type
Chapter 6. North America Alkoxylates Market by Application
Chapter 7. North America Alkoxylates Market by End-use Industry
Chapter 8. North America Alkoxylates Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- BASF SE
- Huntsman Corporation
- Mitsui Chemicals, Inc.
- SABIC (Saudi Arabian Oil Company)
- Shell plc
- Solvay SA
- The Dow Chemical Company
- Croda International Plc
- Evonik Industries AG (RAG-Stiftung)
- INEOS Group Holdings S.A.
Methodology
LOADING...
