The global Methyl Ester Ethoxylate market was valued at USD 119.0million in 2016 and is projected to reach USD 159.4million by 2025, growing at a CAGR of 3.3% from 2017 to 2025.
The changing consumer lifestyles and growing attention towards hygiene is driving the demand for methyl ester ethoxylate. The rise in staffing companies is expected to boost market demand for methyl ester ethoxylate as it would boost the consumption of surfactants. The insolubility of methyl ester ethoxylate is a major drawback for increasing market demand.
1. Market Drivers
1.1 Growing hygiene awareness
1.2 Rising demand for anionic surfactants
2. Market Restraints
2.1 Insoluble nature of methyl ester ethoxylate
The global Methyl Ester Ethoxylate market is segmented on the basis ofproduct, applicationand region.
1. By Product:
1.1 C16 – C18 methyl ester ethoxylate
1.2 C12 – C14 methyl ester ethoxylate
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2. By Application:
2.1 Personal Care
2.2 Domestic Cleaning
2.3 Industrial Cleaning
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
2. KLK Oleo
3. Lion Corporation
4. Ineos Group
5. Jet Technologies
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.