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Showing posts with the label Ethoxylates Market Trend

Future and Growth of Ethoxylates Market by 2025

The market is expected to witness growth at 3.5% CAGR owing to increasing demand in detergents and personal care products by the consumers due to increasing awareness regarding hygiene & health care coupled with exceptional cleansing properties exhibited by ethoxylates. The Global Ethoxylates Market size is expected to reach USD 14.75 Billion by 2025, according to a new report by Grand View Research, Inc. Growing use of the product in pharmaceutical industry as an ingredient in ointments and emulsions is expected to drive the market growth over the forecast period. In addition, high dependence on ethoxylates based herbicides and insecticides by the farmers, in a bid to increase the crop yield is likely to benefit the market growth. Technological advancements in the field of metal manufacturing is expected to lead to an increasing demand for the product as a constituent of metal working fluid formulations for foam control is expected to lead to an increase in the demand f