Octylphenol Ethoxylate Market Research Report- Forecast to 2021- 2027- Anhui Sinograce Chemical Co., Ltd., BASF SE, Gujarat Chemicals, Huntsman International LLC
Octylphenol ethoxylates are
aromatic surfactants available in the form of waxy solids, thick liquids, and
in the range of clear to yellowish liquids. They are also known as
polyoxyethylated octyl phenol, octylphenol polyoxyethylates, and
polyoxyethylene octyl phenol ether. They are derivatives of alkyl phenol
ethoxylates. The global octylphenol ethoxylate market report by Market Research
Future (MRFR) takes into consideration the upstream and downstream applications
of surfactants and their prospects for the period of 2018 to 2023 (forecast
period).
Market Scope
The global octylphenol
ethoxylate market is driven by its application in textiles. Other applications
include pulp & paper, agriculture, pharmaceutical, personal care, paints
& coatings, and others. Emulsifying and dispersing properties of the
compound can influence the market growth. The expansion of the paints &
coatings industry can positively impact the domestic and international demand
of octylphenol ethoxylates. The use of dispersants by pharmaceutical
manufacturers to segregate contaminants from vaccine shots can fuel the market
growth. For instance, the World Health Organization (WHO) picks 4 virus strains
for developing vaccines shots, out of which octylphenol ethoxylates are used in
separating the fats from the content.
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But the environmental
hazards posed by aromatic surfactants can be detrimental to the global
octylphenol ethoxylate market growth.
Segmentation
The global octylphenol
ethoxylate market is majorly segmented on the basis of application and end
users.
Based on the application
of octylphenol ethoxylates, the market is segmented into dispersants, adhesive,
detergents, defoaming agents, stabilizer, cleaners, and others.
On the other hand, based
on end user, the market is segmented into textiles, pharmaceutical, agriculture,
oilfield, paint & coatings, pulp & paper, personal care, plastics, and
others. The paints & coatings
segment can generate massive revenue for the market owing to its demand in
infrastructural projects. The need for emulsifying agents in emulsifiers and
stabilizers in latex polymers can have an indelible impact on the global
octylphenol ethoxylate market. The oilfield segment can command a high share of
the chemical owing to the use of dispersing agents to separate contaminants
from crude oil.
Regional Analysis
Based on region, this
market is segmented into North America, Europe, Asia Pacific (APAC), Latin
America, and Middle East & Africa (MEA).
APAC is one of the biggest
regions of the market owing to the massive growth witnessed in the paints &
coatings industry in China and India. The expansion of industries of
pharmaceuticals, plastics, agriculture, and others in Taiwan, South Korea, and
Japan will trigger the demand for alkyl phenol ethoxylates.
North America has scope
owing to demand from industries of plastics, personal care, and paints &
coatings. Europe, on the other hand, will contribute to the global octylphenol
ethoxylate market owing to its utilization in pharmaceutical, pulp & paper,
agriculture, and textile. Environmental concerns of these compounds have led to
regulatory bodies such as REACH and others to submit the number of alternatives
in their applications for continued production of chemicals. Lastly, Latin
America and MEA are known to showcase similar growth rates during the forecast
period.
Competition Outlook
Anhui Sinograce Chemical
Co., Ltd., BASF SE, Gujarat Chemicals, Huntsman International LLC, The Dow
Chemical Company, Venus Ethoxyethers Pvt. Ltd, Matangi Industries LLP, Jiahua
Chemicals Inc, India Glycols Limited, Rimpro India, and others are key players
of the global octylphenol ethoxylate market.
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