Ethoxylates Market Size, Share & Trends Analysis Report By Product (Alcohol, Fatty Amine, Fatty Acid, Ethyl Ester, Glyceride), By Application, By End Use, By Region, And Segment Forecasts, 2020 - 2027

Research Methodology

A three-pronged approach was followed for deducing the ethoxylates market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for ethoxylates market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of ethoxylates market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Ethoxylates Market Categorization:

The ethoxylates market was categorized into four segments, namely product (Alcohol, Fatty Amine, Fatty Acid, Ethyl Ester, Glyceride), application (Household & Personal Care, Institutional & Industrial Cleaning, Pharmaceutical, Agrochemicals, Oilfield Chemicals), end-use (Detergents, Personal Care, Ointments & Emulsions, Herbicides, Insecticides, Foam Control & Wetting Agents, Lubricants and Emulsifiers), and region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa). 

Segment Market Methodology:

The ethoxylates market was segmented into product, end-use, application, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The ethoxylates market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into thirteen countries, namely, the U.S.; Canada; Mexico; Germany; the UK; France; China; India; Japan; South Korea; Brazil; Argentina; South Africa.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Ethoxylates market companies & financials:

The ethoxylates market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Stepan Company - Stepan Company was founded in 1932 to manufacture basic and intermediate chemicals, as well as specialist goods. The firm is situated in the United States and is a major maker of surfactants used in a variety of sectors. It sells many goods in each product category, including surfactants, polymers, and specialised materials. The firm is a significant manufacturer of surfactants, with products manufactured at 16 sites throughout the world. As of December 2016, the surfactant business sector of the corporation employed about 18,000 people. The company’s strategies for growth include focusing on developing new products, building strategic alliances with other chemical companies to increase know-how, technology, capital, and customer base, and acquiring assets related to urethane, polyols, and surfactants. Additionally, the company establishes manufacturing facilities, sales offices, and product development laboratories near its expanding global markets.

• BASF SE - BASF SE was founded in 1865 and is based in Germany. It is a chemical company that produces solvents, plasticizers, monomers, glues, electronic chemicals, pigments, care chemicals, nutritional products, health products, battery materials, engineering plastics, polyurethane, automotive and industrial coating materials, fungicides, herbicides, insecticides, and crop care products. As of 2015, the corporation employed more than 112,430 people in 25 countries. It works in five business divisions: chemicals, performance goods, functional materials and solutions, agricultural solutions, and oil and gas. The company’s chemicals section supplies a wide range of basic chemicals, solvents, plasticizers, and electronic chemicals. It has a wide range of applications, including textiles, detergents, paints and coatings, crop protection, medicinal, and plastics. The company’s performance segment focuses on dispersions and pigments, care chemicals, and nutrition, health, and performance chemicals. The company’s products under this division are utilized in a variety of industries, including oil and gas, paper, and wastewater treatment.

• Huntsman International LLC - Huntsman International LLC, formed in 1970, manufactures and markets unique chemicals. The corporation, located in the United States, works via five business segments: advanced materials, performance goods, pigments and additives, polyurethanes, and textile effects. The company’s products are utilised in a wide range of sectors, including chemicals, automotive, plastics, aviation, construction, food and packaging, healthcare, agriculture, and packaging. Since its establishment, it has expanded beyond its basic packaging industry with over 30 acquisitions. The firm manufactures organic and inorganic pigments for usage in sectors such as paint and coatings, building, manufacturing, and medicines. It produces liquid, granulated, and powdered iron oxide pigments, as well as automatic pigment handling systems utilised by colourant, cosmetic, plastic, rubber, and paper industries. The corporation has 100 production and R&D sites in more than 30 countries. It currently has 15,000 employees.

• Dow Chemical Company - Dow Chemical Company was founded in 1897 and is currently based in the United States. It manufactures chemicals, polymers, and agricultural goods. It has customers in 200 countries and provides specialised chemicals to a variety of sectors. The corporation currently employs 54,000 workers globally. The company’s main operational sectors are basic plastics, agricultural sciences, water purification, performance plastics, performance chemicals, and hydrocarbons and energy. The firm operates in five main business segments: agricultural sciences, consumer solutions, infrastructure solutions, performance materials and chemicals, and performance plastics. Performance plastics is the company’s key business division, accounting for the majority of its total sales.

• Arkema SA (CECA) - French-based Arkema SA is a producer of high-performance materials and speciality chemicals. There are now 19,637 employees working for the firm. It is one of the leading producers of a wide range of products, including hydrogen peroxide, acrylics, polymethyl methacrylate (PMMA), thiochemicals, and chlorochemicals. The three main business sectors of the firm are coating solutions, industrial speciality, and high-performance materials. It has operations in 40 nations, dispersed among many continents such as Asia, Europe, and North America. Europe accounts for over 40% of the company’s income because to a vast sales and distribution network there. Through its business section CECA, which has operations in more than 100 countries, it produces ethoxylates. The company produces goods within the two separate business divisions of adsorption & filtering and surfactants & interface agents. It has a strong focus on research and development, with two sites in France hosting these kinds of operations.

• Clariant AG - With its headquarters located in Muttenz, Switzerland, Clariant AG was founded in 1995 and operates in the specialty chemicals industry. The most recent merger and acquisition the firm has been A part of occurred in 2011 when it acquired Sud-Chemie. This history dates back to 1995. The corporation employed 17,213 people globally as of 2015. The company’s specialized chemicals sector is its primary area of concentration. With operations in 150 nations, the corporation is present in nearly every continent, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The company’s business segments include functional materials, catalysts, oil and mining services, pigments, masterbatches, additives, and industrial and consumer specialties. It serves a wide range of industries through these divisions, including oil & gas, plastics & polymers, textiles & fibers, refinery & petrochemicals, consumer goods, healthcare, home care, food & beverage, building & construction, automotive & transportation, aviation, plastics & polymers, coatings, paints & inks, and consumer goods.

• Evonik Industries AG - Evonik sectors AG is a German-based company that was founded in 2007 and mostly specializes in specialty chemicals. It serves a range of sectors, such as medicines, plastics, and automobiles. The firm works in segments including nutrition & care, resource efficiency, performance materials, and technology & infrastructure. It provides its goods and services to a wide range of industries, including energy, chemicals, and real estate. The corporation employed 33,000 people as of 2014. The company's nutrition and care section provides specialized chemicals, mainly for the animal nutrition, consumer goods, and healthcare sectors. These chemicals include ceramides, amphoteric surfactants, fat chemistry products, quaternary derivatives, phytosphingosines, organically modified silicones, and superabsorbents. With a workforce of over 7,800, the resource efficiency business supplies high-performance materials for environmentally and energy-friendly solutions to the adhesives, paints and coatings, automotive, and construction industries.

• E.I. du Pont de Nemours and Company - E.I. du Pont de Nemours and firm, established in 1802, is a science-based goods and services firm located in the United States. It produces goods in a variety of industries, including agriculture, electronics and communications, industrial biosciences, nutrition and health, performance materials, and protective solutions. The company’s products are utilised in several sectors, including aerospace, automotive, packaging, telecommunications, cosmetics, construction, and chemical processing. The company’s products are used in a variety of industries, including agriculture, automotive, building and construction, chemicals, electronics, energy, food and beverage, government and public sector, healthcare and medical, marine, mining, packaging and printing, plastics, and safety and protection. It produces a wide range of ethoxylates and customised ethoxylates for use in a variety of industrial cleaning applications. DuPont sold its specialised ethoxylates business to Stepan Company, diminishing the company’s product line.

• India Glycols Limited - India Glycols Limited was founded in 1983 to produce mono-ethylene glycol. The firm produces ethylene glycol using a green method, and its headquarters are located in India. The business produces chemicals, such as ethyl alcohol, natural gum and derivatives, and extracts from herbs and nutraceuticals. It is a top producer of chemicals in its field, producing large amounts of ethoxylates and ethyl alcohol. Chemicals, industrial gases, Ennature Biopharma, natural gums, and spirits are the company’s five business segments. Under the chemicals business division, it produces a variety of ethoxylates. The firm has an annual production capacity of 70,000 metric tons, making it one of the top producers of ethoxylates. Offering substantial product adaptations is another way it draws customers in both domestic and foreign markets. The business has started marketing bio-ethoxylates in foreign markets, which is anticipated to take off given worries about the environmental problems connected to ethoxylates.

• Mitsui Chemicals, Inc. - The Mitsui Group was founded in 1912 and initially produced coal compounds. The firm Mitsui Chemicals, Inc.’s chemicals manufacturing division was founded in 1997 and produces a broad range of chemicals. The corporation operates in four different groups: healthcare, mobility, food & packaging, and basic materials. Its headquarters are located in Japan. With operations in more than 27 countries, it manages more than 135 enterprises and produces a broad range of chemicals. The business produces petrochemicals, which are needed to make synthetic rubber and colors. It generates chemical products such as fiber intermediates, which are widely employed in the paper, polyester, and glue industries, among other applications. The company is in the business of selling and distributing a range of goods to markets in Japan as well as several other countries. With a corporate office in Osaka, three domestic sales offices in Nagoya, and Fukuoka, it runs a specialized distribution network for domestic markets.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Ethoxylates Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2019, historic information from 2016 to 2018, and forecast from 2016 to 2027). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Ethoxylates Market Report Assumptions:

• The report provides market value for the base year 2019 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.