Complete report on Nonylphenol Ethoxylates Market spread across 61 pages, profiling 10 companies and supported with 33 tables and 17 figures show that hit $607.5 million by 2021, in terms of value. The applications such as industrial & institutional (I&I) cleaning, paints, oilfield chemicals, leather, textile, and agrochemical are supporting the demand for NPEs.
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The market will witness a declining trend in demand of NPEs due to its toxic nature and endocrine effects on the aquatic organisms along with increasing use of its substitutes.
The objectives of this study are:
- To analyze and forecast the market size of nonylphenol ethoxylates market, in terms of value and volume
- To define, describe, and segment the global nonylphenol ethoxylates market by application
- To forecast the sizes of the market segments based on regions such as Asia-Pacific, North America, Europe, South America and Middle East & Africa
- To provide detailed information regarding the important factors influencing the growth of the market (drivers, restraints, and opportunities) and the substitutes of nonylphenol ethoxylates
- To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
- To identify and analyze opportunities for stakeholders in the market
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (25%); Tier 2 (35%) and Tier 3 (40%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (45%), Directors Level (30%) and other (25%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (35%), Europe (30%), Asia Pacific (25%), and RoW (10%).
Some of the major players operating in the global NPEs market are
1. AkzoNobel N.V. (Netherlands),
2. Clariant AG (Switzerland),
3. The DOW Chemical Company (U.S.),
4. Hunstman (U.S.),
5. Stepan Company (U.S.),
6. India Glycols (India),
7. SABIC (Saudi Arabia),
8. PJSC Nizhnekamskneftekhim (Russia),
9. Solvay (Belgium),
10. PCC Exol SA (Poland).
The I&I cleaning segment captured the maximum share of the NPEs market in 2015. NPEs are used in product formulations of hard surface cleaners, circuit board cleaners, industry laundry/dry cleaning detergents, and metal cleaning. NPEs function as wetting and dispersing agents in these I&I cleaning products. The segment will continue to account for the largest share because of the upcoming infrastructure projects in developing economies such as India, China, and Indonesia.
Asia-Pacific accounted for the largest share of the global NPEs market in 2015, in terms of both volume and value. The demand in Asia-Pacific will be supported by the growth of applications in the region. The growth of the NPEs market is directly associated with the increasing manufacturing sites, commercial buildings, healthcare facilities, hotels, and others. This is due to several factors such as rising income and spending on residential establishments as well as the relocation of manufacturing sites to the low-cost markets of Asia-Pacific. China dominates the market in Asia-Pacific, accounting for more than three-fourth of the overall market..
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Market Segmentation, by Application:
- The nonylphenol ethoxylates market has been segmented based on application:
- I&I cleaning
- Paints
- Agrochemicals
- Leather
- Textile
- Oilfield chemicals
- Others (pulp & paper, plastics, building & construction, and electrical & optical)
Market Segmentation, by Region:
The regional analysis covers:
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- South America
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Ethoxylates Market by Type (Alcohol, Fatty Amine, Fatty Acid, Methy ester, and Glyceride) and by Application (Agrochemicals, Household & Personal Care, Pharmaceutical, Oilfield Chemicals, Others) – Now available at http://www.rnrmarketresearch.com/ethoxylates-market-by-type-alcohol-fatty-amine-fatty-acid-methy-ester-and-glyceride-and-by-application-agrochemicals-household-personal-care-pharmaceutical-oilfield-chemicals-others-gl-market-report.html
Global Trends & Forecasts to 2019 Ethoxylates market is projected to register a CAGR of 3.19% between 2014 and 2019 to reach $11,657.2 million.