The report “Methyl Ester Ethoxylates Market by Type (C16-C18 & C12-C14), Application (Domestic Cleaning, Industrial Cleaning, Personal Care & Others), and Region – Global Forecast to 2021”, The methyl ester ethoxylate market is projected to reach USD 139.8 Million by 2021, at a CAGR of 3.4% between 2016 and 2021
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Changes in consumer lifestyles and the prevalence of low-foam and low-rise detergents have increased the demand for methyl ester ethoxylate. There is also a growing demand for eco-friendly detergents. This trend will help in increasing the popularity of methyl ester ethoxylate. Leading players such as Huntsman Corporation (U.S.), KLK OLEO (Malaysia), Lion Corporation (Japan), Ineos Group Limited (Switzerland), and Jet Technologies (Australia) are focusing on entering new markets and developing new products. This is expected to drive the methyl ester ethoxylate market in the future.
Research Methodology:
The research methodology used to estimate and forecast the methyl ester ethoxylate market involves obtaining data on key vendor revenues through secondary research (annual reports, press releases & investor presentations of companies, white papers, solvent journals, certified publications & articles from recognized authors, authenticated directories, and databases). Vendor offerings are also taken into consideration to determine market segmentation. The bottom-up procedure was employed to arrive at the overall size of the methyl ester ethoxylate market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were later verified through primary research by conducting extensive interviews with key personnel, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The breakdown of profiles of primaries is depicted in the figure below.
Asia-Pacific dominated the methyl ester ethoxylate market in 2015, owing to the increasing demand for methyl ester ethoxylate from developing economies, such as India and China. China is the leading consumer of methyl ester ethoxylate in the Asia-Pacific region, followed by India.
Key players operating in the methyl ester ethoxylate market include Huntsman Corporation (U.S.), KLK OLEO (Malaysia), Lion Corporation (Japan), Ineos Group Limited (Switzerland), and Jet Technologies (Australia).
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