Alkoxylate Price Trend

Alkoxylate Prices December 2023

In the fourth quarter of 2023, the price of the alkoxylate in China reached 1753 USD/MT by December.

Alkoxylate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Alkoxylate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of alkoxylate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of alkoxylate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of alkoxylate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing alkoxylate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Alkoxylate Market Analysis

The global alkoxylate market size reached US$ 7.7 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 12 Billion, at a projected CAGR of 5% during 2023-2032.

• The rising consumer awareness and preference for high-quality personal care and cosmetic products is driving the demand for alkoxylates. These compounds serve as essential components in formulating lotion, creams, and shampoos due to their excellent emulsifying and moisturizing properties. According to the India Brand Equity Foundation (IBEF), over the last decade, India has seen consistent growth in the personal care and cosmetics market with increasing shelf space in boutiques and retail stores across the country. The overall market share is expected to grow to US$ 20 billion by 2025 with a CAGR of 25%. On the other hand, the global cosmetics industry will reach US$ 450 billion by 2050, growing at 4.3% CAGR. Along with this, by 2050, India will constitute 5% of the total cosmetics market and reach the top five global markets in terms of revenue.
• The extensive use of alkoxylates in industrial applications, such as textiles, paints, and detergents, is contributing to the market growth. The ability of alkoxylates to act as an effective emulsifier, dispersant, and wetting agent makes them crucial in these sectors, further driving its demand. According to data from Invest India, the domestic apparel & textile industry in India contributes approx. 2.3 % to the country’s GDP, 13% to industrial production, and 12% to exports. India has a 4% share of the global trade in textile and apparel.
• The increasing use of alkoxylates in enhanced oil recovery processes and the oil and gas industry is facilitating the growth of the market. The expansion of oil exploration and production activities is driving the demand for these compounds.
• The increasing demand for alkoxylates in agrochemicals as surfactants in pesticide formulations to enhance the effectiveness of active ingredients is fueling the market growth. Additionally, the increasing need for high crop yields and the expanding agricultural sector supports the demand for alkoxylates. India is the 4th largest producer of agrochemicals in the world after the USA, Japan, and China. The Indian agrochemicals industry is valued at approximately USD 5.72 billion FY2020-FY21, as per the internal report of PricewaterhouseCoopers, out of which domestic consumption is approximately USD 2.72 billion, while exports are around USD 3.00 billion. Further, the Indian agrochemical industry is expected to grow at a CAGR of 8-10% till 2025.
• The growing innovations in alkoxylation processes and the development of new alkoxylate formulations enhance their performance and expand their application range, are influencing the growth of the market.

Alkoxylate News

The report covers the latest developments, updates, and trends impacting the global alkoxylate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in alkoxylate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the alkoxylate price trend.

Latest developments in the alkoxylate industry:

• In November 2023, Croda International Plc, the company that uses smart science to create high-performance ingredients and solutions catering to the life sciences market, opened a new facility, Pastillator 4 (PS04) at its Seraya site, Jurong Island, Singapore. PS04 represents a significant milestone that enables Croda to meet the growing global demand for pastille-format Alkoxylates and Ester, with easier and safer customer handling, across Consumer Care, Life Sciences, and Industrial Specialties markets.
• In June 2023, BASF announced to bring additional alkoxylation capacity on stream in Antwerp, Belgium, and Ludwigshafen, Germany, from the second quarter of 2023. The investment benefits European customers with a significant capacity increase well more than 1,50,000 metric tons per year.

Product Description

Alkoxylates refer to a class of chemical compounds formed by the reaction of an alcohol with one or more alkylene oxides, typically ethylene oxide (EO) or propylene oxide (PO). This reaction, known as alkoxylation, produces a range of nonionic surfactants extensively employed in several industries. The resulting alkoxylates possess unique properties, including excellent emulsifying, wetting, and dispersing abilities, making them valuable in applications such as detergents, pharmaceuticals, agrochemicals, and personal care products.

Alkoxylates improve soil removal and enhance cleaning efficiency in detergent and cleaning agents. They act as mild, non-irritating surfactants suitable for shampoos, creams, and lotions in the personal care industry. They are employed in industrial processes such as oil and gas production, textiles, and paints for their ability to reduce surface tension and enhance solubility.

Regional Coverage

The report provides a detailed analysis of the alkoxylate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the alkoxylate price trend. 

Global Alkoxylate Price

The report offers a holistic view of the global alkoxylate pricing trends in the form of alkoxylate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of alkoxylate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed alkoxylate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Alkoxylate Price

European alkoxylate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed alkoxylate price information for a comprehensive list of countries.

North America Alkoxylate Price

The analysis of alkoxylate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific alkoxylate historical data within the United States and Canada can also be provided.

Middle East and Africa Alkoxylate Price

The report explores the alkoxylate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on alkoxylate prices for countries can also be provided.

Asia Pacific Alkoxylate Price

The alkoxylate pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This alkoxylate price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Alkoxylate Price

The analysis of alkoxylate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of alkoxylate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting alkoxylate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The alkoxylate price charts ensure our clients remain at the forefront of the industry.