H1 2023: In the dynamic landscape of the Asia Pacific Alkoxylates market in the first half of 2023, key players such as Shell plc, Akzo Nobel, and Thai Ethoxylate Company played prominent roles. Notably, one of the significant categories within alkoxylates was Alcohol Ethoxylates. Specifically, Ethoxylated Tridecyl Alcohol, belonging to this category, experienced price fluctuations in the Asia Pacific region during this period. Focusing on the Indian market, the prices of Ethoxylated Tridecyl Alcohol exhibited a volatile trend in H1 2023. In January, a decline in demand from the downstream personal care sector contributed to a reduction in the market value of this particular type of alcohol ethoxylate in Asia. Despite this market challenge, robust domestic manufacturing activities prevailed, leading to an accumulation of higher stocks for Ethoxylated Tridecyl Alcohol. The market dynamics evolved further as, towards the end of March 2023, prices rebounded with an increase in procurement from the downstream personal care sector. The alleviation of inflationary pressures additionally bolstered purchasing sentiments, contributing to an upward trajectory in the prices of Ethoxylated Tridecyl Alcohol in India. In April 2023, prices experienced a decline in India due to heightened manufacturing activities, leading to product stockpiling. However, the support from upstream raw materials, particularly Ethylene Oxide, was insufficient to boost the pricing dynamics of Ethoxylated Tridecyl Alcohol. There was an increase in inquiries from the surfactant and detergent industries, which are significant consumers of Ethoxylated Tridecyl Alcohol. As a result, market activity escalated, and the Ethoxylated Tridecyl Alcohol market operated at elevated levels throughout May in India.
The Asia Pacific Alkoxylates market reached of around 1750 thousand tonnes in 2022 and is expected to expand at a CAGR of 5.16% till the year 2030.
Alkoxylates, compounds resulting from the reaction of alcohols with either ethylene oxide or propylene oxide, boast widespread applications spanning various industries. Renowned for their surfactant characteristics, alkoxylates play pivotal roles in formulating a myriad of products. In the domains of household and industrial cleaning, they function as surfactants, effectively lowering surface tension and augmenting the performance of detergents and emulsifiers. The textile industry leverages alkoxylates as emulsifiers and wetting agents, facilitating the uniform dispersion of dyes and chemicals during manufacturing processes. Agriculture utilizes these compounds in crafting pesticides and herbicides, enhancing the efficient dispersal of active ingredients. In personal care items like shampoos and creams, alkoxylates serve as emollients and stabilizers. Moreover, the pharmaceutical sector integrates them to improve solubility and stability in drug formulations. In industrial applications, alkoxylates contribute to the properties of metalworking fluids, paints, and coatings. Their influence extends to the oil and gas sector, where they modify fluid properties in drilling and extraction processes.
Based on type, the Alkoxylates market is bifurcated into Linear Alcohol Ethoxylates, Lauryl Alcohol Ethoxylates, Alcohol Ethoxylates, Branched Alcohol Ethoxylates, Amide Ethoxylates, and Others. Among these, Linear Alcohol Ethoxylates is the prominent segment.
On the basis of region, Asia Pacific Alkoxylates market is segmented into India, China, Taiwan, Japan, Singapore, Thailand, and the Rest of APAC. Among these, China is the leading consumer of Alkoxylates. In 2022, China consumed roughly 42% of the Asia Pacific Alkoxylates market demand. Also, India will most likely experience a rise of Alkoxylates in the coming years due to the continued demand from the detergent sector.
Based on the end-user industry, the Asia Pacific Alkoxylates market is segmented into different industrial sectors that include Detergents, Personal Care, Pharmaceutical, Metalworking fluid and lubrication, Paints and Coatings, Textiles, and Others. However, Detergents is the leading segment as the consumer of Alkoxylates. This industry consumed approximately 45% of the market in 2022 and is anticipated to remain the leading consumer in 2030.
Major players in the production of Asia Pacific Alkoxylates are India Glycols Limited, Unitop Chemicals, Venus Ethoxyethers Pvt. Ltd, Sanjiang Fine Chemicals, Clariant, Liaoning Huaxing Group Chemical, Petro China Fushun, BASF-YPC, Shanghai Jingshan Chemical, Jilin Chemical, Akzo Nobel, Pan Asia Pacific, Oriental Union Chemical Corporation, Nippon Sokubai, Mitsui Chemicals, KAO Chemicals, Lion Chemical Corp., Croda International, Shell plc, Thai Ethoxylate Company, and Others
Years considered for this report:
Historical Period: 2015- 2021
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2030
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Objective of the Study:
• To assess the demand-supply scenario of Alkoxylates which covers production, demand and supply of Alkoxylates market in the globe.
• To analyse and forecast the market size of Alkoxylates
• To classify and forecast Asia Pacific Alkoxylates market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Alkoxylates market in the globe.
To extract data for Asia Pacific Alkoxylates market, primary research surveys were conducted with Alkoxylates manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Asia Pacific Alkoxylates market over the coming years.
ChemAnalyst calculated Alkoxylates demand in the globe by analyzing the historical data and demand forecast which was carried out considering the consumption of raw material to produce Alkoxylatess. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Alkoxylates manufacturers and other stakeholders
• Organizations, forums and alliances related to Alkoxylatess distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Alkoxylates manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
ChemAnalyst calculated Alkoxylates demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Alkoxylates across the globe. ChemAnalyst sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Report Scope:
In this report, Asia Pacific Alkoxylates market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
1850 thousand tonnes
Market size Volume by 2030
2750 thousand tonnes
Growth Rate
CAGR of 5.04% from 2023 to 2030
Base Year
2022
Estimated Year
2023
Historical Data
2015 – 2021
Forecast period
2024 – 2030
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2030
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Type, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade, Manufacturing Process.
Segments covered
By End-Use: (Detergents, Personal Care, Pharmaceutical, Metalworking fluid and lubrication, Paints and Coatings, Textiles, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
India, China, Taiwan, Japan, Singapore, Thailand, and the Rest of APAC
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Alkoxylates market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Alkoxylates.
3. Capacity By Location
To better understand the regional supply of Alkoxylates by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Alkoxylates by the leading players and forecast how it will grow in the coming years.
6. Demand by Type
Learn about the various types: Linear Alcohol Ethoxylates, Lauryl Alcohol Ethoxylates, Alcohol Ethoxylates, Branched Alcohol Ethoxylates, Amide Ethoxylates, and Others and their demands. It will allow you to choose which type to concentrate on when designing your strategy.
7. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Detergents, Personal Care, Pharmaceutical, Metalworking fluid and lubrication, Paints and Coatings, Textiles, and Others) are creating a market and the forecast for the growth of the Alkoxylates market.
8. Demand by Region
Analyzing the change in demand of Alkoxylates in different regions, i.e., India, China, Taiwan, Japan, Singapore, Thailand, and the Rest of APAC, that can direct you in mapping the regional demand.
9. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Alkoxylates. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
10. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Alkoxylates.
11. Company Share
Figure out what proportion of the market share of Alkoxylates is currently held by leading players across the globe.
12. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Alkoxylates.
13. Company Share
Figure out what proportion of the market share of Alkoxylates is currently held by leading players across the globe.
14. Manufacturing Process
Discover insights into the intricate manufacturing process of Alkoxylates.
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into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
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What was Asia Pacific market size of Alkoxylates in terms of volume for 2022?
Ans:
The Asia Pacific market size of Alkoxylates was approximately 1850 thousand tonnes in 2022.
Q2.
What are the major end-use industries of Alkoxylates?
Ans:
Alkoxylates is used in a wide range of end use industries including Detergents, Personal Care, Pharmaceutical, Metalworking fluid and lubrication, Paints and Coatings, Textiles, and Others.
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