North America Alkoxylates Market Size, Share & Trends Analysis Report By Grade (Synthetic Ethoxylates, and Natural Ethoxylates), By Type, By Application, By End-use Industry, By Country and Growth Forecast, 2024 - 2031

Analysis of Market Size & Trends

The North America Alkoxylates Market would witness market growth of 4.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 573.6 Kilo Tonnes, showcasing a growth of 20.1% (2020-2023).

Synthetic ethoxylates are a specific grade of alkoxylates, produced through the reaction of ethylene oxide with synthetic alcohols or other chemical compounds. This grade is widely used in this market due to its excellent surfactant properties, making it ideal for various applications such as detergents, personal care products, industrial cleaners, and agricultural formulations. Thus, the Synthetic ethoxylates in US market consumed 544.5 Kilo Tonnes in 2023.

The US market dominated the North America Alkoxylates Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,346.7 million by 2031. The Canada market is experiencing a CAGR of 6.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6% during (2024 - 2031).

This market refers to the industry involved in producing, distributing, and selling alkoxylate compounds. These are a class of specialty chemicals widely used as surfactants, emulsifiers, and dispersants in various industrial and consumer applications. They are produced through the alkoxylation process, where alcohols or phenols react with ethylene oxide, propylene oxide, or other alkylene oxides under specific conditions to form alkoxylate molecules.

In addition, the applications of these span a wide range of industries and sectors, owing to their versatile properties and functional capabilities. For example, alkoxylates are extensively used in agriculture as adjuvants and surfactants in pesticide formulations. They improve the wetting, spreading, and penetration of pesticides on plant surfaces, enhancing their effectiveness.

The high production of personal care products contributes to the expansion of the cosmetics industry in Mexico. This growth increases demand for raw materials and specialty chemicals, including alkoxylates, used in cosmetics formulations. These are crucial in creating stable and effective formulations for products such as shampoos, conditioners, lotions, and creams, driving their demand in the Mexican market. According to the ITA, Mexico is an important manufacturer of these products in the region. In 2022, Mexico's personal care and cosmetics exports totaled USD 2.2 billion. The top three destinations for these exports were the United States, at over 55 per cent, and the rest were Central and South America. Therefore, the increasing cosmetics and personal care goods industry is driving growth.

Free Valuable Insights: The Alkoxylates Market is Predict to reach USD 10.8 Billion by 2031, at a CAGR of 5.1%

Based on Grade, the market is segmented into Synthetic Ethoxylates, and Natural Ethoxylates. Based on Type, the market is segmented into Fatty Acid Ethoxylates, Alkyl Phenol Ethoxylates, Glycerin Alkoxylates, Sorbitan Ester Alkoxylates, and Other Types. Based on Application, the market is segmented into Surfactants, Cleaning Agents, Detergents, Stabilizers, Wetting Agents, and Other Applications. Based on End-use Industry, the market is segmented into Personal Care, Paints & Coatings, Agrochemicals, Pharmaceuticals, Oil & Gas, and Other End-use Industries. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• BASF SE
• Huntsman Corporation
• Mitsui Chemicals, Inc.
• SABIC (Saudi Arabian Oil Company)
• Shell plc
• Solvay SA
• The Dow Chemical Company
• Croda International Plc
• Evonik Industries AG (RAG-Stiftung)
• INEOS Group Holdings S.A.

North America Alkoxylates Market Report Segmentation

By Grade (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Synthetic Ethoxylates
• Natural Ethoxylates

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Fatty Acid Ethoxylates
• Alkyl Phenol Ethoxylates
• Glycerin Alkoxylates
• Sorbitan Ester Alkoxylates
• Other Types

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Surfactants
• Cleaning Agents
• Detergents
• Stabilizers
• Wetting Agents
• Other Applications

By End-use Industry (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Personal Care
• Paints & Coatings
• Agrochemicals
• Pharmaceuticals
• Oil & Gas
• Other End-use Industries

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• US
• Canada
• Mexico
• Rest of North America