Report Overview

India Alkoxylates Market – Industry Trends & Forecast Report, 2030

India Alkoxylates Market size by value was estimated at USD 678.12 million in 2023. During the forecast period between 2024 and 2030, the India Alkoxylates Market size is projected to grow at a CAGR of 5.04% reaching a value of USD 804.41 million by 2030. A prominent driver of the market is the growing adoption of alkoxylates in various end-use industries such as detergents, personal care, pharmaceuticals, metalworking fluid & lubrication, paints & coatings, and textiles. The increasing need for detergents and various cleaning products, including soaps, face wash, body gels, and industrial cleaners, along with factors such as a burgeoning population in the country, is expected to contribute to the rising demand for alkoxylates. The surge in environmental awareness and the concerted efforts of end-use industries to foster sustainable development are further fueling the demand for biodegradable chemicals. This trend is expected to create promising growth opportunities for the alkoxylates market throughout the forecast period. By volume, the India Alkoxylates Market size was estimated at 109.26 thousand tons in 2023. During the forecast period between 2024 and 2030, the India Alkoxylates Market size is projected to grow at a CAGR of 4.87% reaching the volume of 131.18 thousand tons by 2030. In recent times, particularly in the aftermath of the COVID-19 pandemic, there has been a substantial global surge in the demand for detergents and cleaning agents. Various sectors are increasingly choosing these products to ensure cleanliness in both households and industries. This heightened emphasis on cleanliness has significantly contributed to the increased demand for alkoxylates over the past few years. Also, the growing utilization of soaps and detergents in establishments such as hospitals, hotels, and public toilets has further fueled the need for these cleaning agents.

Alkoxylates – Overview

Alkoxylates are available in various formulations, encompassing fatty acid ethoxylates, sorbitan ester alkoxylates, alkyl phenol alkoxylates, among others. These compounds are produced through the alkoxylation process, wherein ethylene, propylene, and butylene oxides are introduced to fatty hydrocarbons. Alkoxylates exhibit versatile properties, functioning as co-surfactants, disinfectants, surfactants, and binding agents. Their applications extend across diverse end-use industries, including skincare and personal care products, consumer goods, coatings & paints, as well as pharmaceuticals.

India Alkoxylates Market

Growth Drivers

Rising Demand for Bio-based Products

In response to escalating environmental concerns over the toxicity of ethoxylates, there is a growing demand for bio-based alternatives. Manufacturers are urged to prioritize environmentally sustainable ethoxylate production. Alcohol ethoxylates (AEs) emerge as a noteworthy substitute, boasting global usage as a non-ionic surfactant. AEs exhibit a superior safety profile in human health risk assessments, especially in laundry and cleaning detergents. Their exceptional performance and easy biodegradability, in contrast to nonylphenol ethoxylates (NPEs), make them a favored choice for environmentally conscious producers. Stringent global regulations on toxic ethoxylates position AEs to dominate markets, presenting growth opportunities in regions emphasizing the rising demand for bio-based products.

Challenges

Stringent Environmental Regulations

The stringent regulatory framework imposed by government authorities on the utilization and commercialization of chemicals could pose limitations on the anticipated growth of the alkoxylates market in the forecast period. Moreover, the hazardous characteristics of specific alkoxylates necessitate manufacturers to exercise heightened caution during the production process, creating opportunities for alternative solutions. Consequently, these factors are projected to impede the overall growth of the Alkoxylates Market.

Impact of Escalating Geopolitical Tensions on India Alkoxylates Market

Geopolitical tensions can have a multifaceted impact on the India Alkoxylates Market, impacting critical facets of supply chains and market dynamics. This includes disruptions in the import and export of vital raw materials, leading to repercussions for production and pricing. In a globalized market, these tensions may instigate shifts in trade alliances and policies, potentially affecting overall market stability. Despite challenges such as heightened competition from China and a subdued export market, Indian chemical companies anticipate a margin rebound by H2 FY24. This anticipated recovery stems from increased global interest in sourcing from India, a growing prominence of specialty chemicals, and substantial capital investments by domestic chemical firms. The chemical industry, marked by strategic investments and evolving dynamics, remains resilient. The trajectory of the Alkoxylates market hinges on India's adept response to geopolitical tensions and its efficacy in navigating global challenges.

India Alkoxylates Market

Segmental Coverage

India Alkoxylates Market – By Type

By type, the India Alkoxylates Market is divided into Fatty Alcohol Alkoxylates, Fatty Acid Alkoxylates, Fatty Amine Alkoxylates, and other (including Glycerin Alkoxylates and Sorbitan Ester Alkoxylates) segments. The fatty acid alkoxylates segment holds the highest share in the India Alkoxylates Market by type. Fatty acid ethoxylates, formed by ethoxylating fatty acids like coconut, lauric, stearic, and oleic acids, serve as non-ionic surfactants in various end-use industries. With high foam characteristics, solubility, and superior detergency capabilities, they find extensive use. Acting as dispersants, emulsifiers, fabric softeners, and more, they are notably employed in the textile industry. The demand for alkoxylates-based fatty acid ethoxylates is driven by consumer preferences for natural and eco-friendly products, lifestyle changes, and increased disposable income, marking a significant market growth trajectory.

India Alkoxylates Market – By Grade

Based on grade, the India Alkoxylates Market is split into Natural and Synthetic segments.

India Alkoxylates Market – By Application

On the basis of application, the India Alkoxylates Market is divided into Wetting Agent, Cleaning Agent, Detergents, Stabilizer, Surfactants, and Other (including Cleaners and Lubricants) segments. The surfactants segment holds the highest share in the India Alkoxylates Market by application. Surfactants, pivotal surface-active agents with diverse applications across industries, play a crucial role in reducing water and surface tension. Essential cleansing agents in laundry, cleaning products, and personal care items, fatty alcohol ethoxylate stands out as a non-ionic surfactant prominently used in both household and industrial laundry detergents. Various alkoxylate-based surfactants find applications in industrial settings. The escalating manufacturing sectors in the United States, China, and India contribute to the growth of fatty alcohol ethoxylates, extensively employed in industrial surfactant ethoxylation. These factors collectively propel global growth in the Alkoxylates market. Increased consumer awareness, evolving lifestyles, and a thriving FMCG industry further drive the demand for surfactants in the consumer goods sector, indicating significant market expansion.

India Alkoxylates Market – By End User

By end user, the India Alkoxylates Market is divided into Agrochemicals, Paints & Coatings, Personal Care & Cosmetics Industry, Pharmaceuticals, and Oil & Gas segments. The personal care & cosmetics industry segment dominates the India Alkoxylates Market by end user. Population growth, urbanization, improved living standards, evolving lifestyles, and heightened attention to personal and beauty care industries have led to an increased demand for both natural and synthetic alkoxylates. Synthetic fatty alcohol alkoxylates, serving as moderate foaming agents, are particularly utilized in personal care product formulations. These include a range of skincare items like body soaps, lotions, face creams, perfumes, among others. This surge in demand is anticipated to significantly boost the utilization of alkoxylates in the cosmetics industry, aligning with the growing emphasis on ethoxylates in the realm of personal care and beauty products.

India Alkoxylates Market – By Region

Geographically, the India Alkoxylates Market is divided into North India, South India, East India, and West India regions. West India holds the highest market share and is expected to maintain its dominance during the forecast period. States such as Gujarat, Rajasthan, and Maharashtra have emerged as key consumers, primarily attributed to the concentration of leading manufacturers in these regions and the strategic presence of ports. This trend positions the western region to maintain its market dominance, and it is projected to continue leading the Alkoxylates Market during the forecast period.

Competitive Landscape

Major players operating in India Alkoxylates Market include Esteem Industries Pvt Ltd, Venus Ethoxyethers Pvt Ltd, Perstorp Chemicals India Private Limited, Innospec Limited, Stepan India Pvt Ltd, Lambarti India Private Limited, Milliken, Dyna Glycols Pvt Ltd, INEOS Styrolution India Limited, and BASF SE. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Type

• Fatty Alcohol Alkoxylates

• Fatty Acid Alkoxylates

• Fatty Amine Alkoxylates

• Others

By Grade

• Natural

• Synthetic

By Application

• Wetting Agent

• Cleaning Agent

• Detergents

• Stabilizer

• Surfactants

• Others

By End User

• Agrochemicals

• Paints & Coatings

• Personal Care and Cosmetics Industry

• Pharmaceutical

• Oil & Gas

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India Alkoxylates Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing demand for personal care products
         2. Increasing demand for industrial cleaning products
         3. Rising demand for bio-based products
      2. Restraints
         1. Volatility in raw material prices
         2. Stringent environmental regulation
         3. Competition from imports
      3. Opportunities
         1. Growing demand for specialty alkoxylate
         2. Increasing government support
         3. Shift toward environmentally sustainable products
      4. Challenges
         1. Competition from alternatives
         2. Increasing environmental concerns
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India Alkoxylates Market: Marketing Strategies
5. India Alkoxylates Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
   2. Market Share & Forecast
      1. By Type
         1. Fatty Alcohol Alkoxylates
         2. Fatty Acid Alkoxylates
         3.  Fatty Amine Alkoxylates
         4. Others (including Glycerin Alkoxylates, Sorbitan Ester Alkoxylates)
      2. By Grade
         1. Natural
         2.  Synthetic
      3. By Application
         1. Wetting Agent
         2.  Cleaning Agent
         3. Detergents
         4.  Stabilizer
         5. Surfactants
         6. Others (including Cleaners, Lubricants etc.)
      4. By End User
         1. Agrochemicals
         2.  Paints & Coatings
         3. Personal Care & Cosmetics Industry
         4. Pharmaceuticals
         5. Oil & Gas
         6.  Others
      5. By Region
         1. North India
         2. South India
         3. East India
         4. West India
6. North India Alkoxylates Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
   2. Market Share & Forecast
      1. By Type
      2. By Grade
      3. By Application
      4. By End User
7. South India Alkoxylates Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
   2. Market Share & Forecast
      1. By Type
      2. By Grade
      3. By Application
      4. By End User
8. East India Alkoxylates Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
   2. Market Share & Forecast
      1. By Type
      2. By Grade
      3. By Application
      4. By End User
9. West India Alkoxylates Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
   2. Market Share & Forecast
      1. By Type
      2. By Grade
      3. By Application
      4. By End User
10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Alkoxylates Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operation Channel Parameters
    4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
11. India Alkoxylates Market: Import & Export
12. Impact of Escalating Geopolitical Tensions in India Alkoxylates Market
13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Esteem Industries Pvt Ltd
    2. Venus Ethoxyethers Pvt Ltd
    3. Perstorp Chemicals India Private Limited
    4. Innospec Limited
    5. Stepan India Pvt Ltd
    6. Lambarti India Private Limited
    7. Milliken
    8. Dyna Glycols Pvt Ltd
    9. INEOS Styrolution India Limited
    10. BASF SE
    11. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

*Financial information of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figures

Figure 1       India Alkoxylates Market Segmentation

Figure 2       India Alkoxylates Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Figure 5       India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Figure 6       India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Figure 7       India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Figure 8       India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Figure 9       India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Figure 10     India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Figure 11     India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Figure 12     India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Figure 13     India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030

Figure 14     India Alkoxylates Market Share, By Region, By Value (USD Million), 2019–2030

Figure 15     India Alkoxylates Market Share, By Region, By Volume (Thousand Tons), 2019–2030

Figure 16     North India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Figure 17     North India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Figure 18     North India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Figure 19     North India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Figure 20     North India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Figure 21     North India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Figure 22     North India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Figure 23     North India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Figure 24     North India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Figure 25     North India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030

Figure 26     South India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Figure 27     South India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Figure 28     South India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Figure 29     South India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Figure 30     South India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Figure 31     South India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Figure 32     South India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Figure 33     South India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Figure 34     South India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Figure 35     South India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030

Figure 36     East India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Figure 37     East India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Figure 38     East India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Figure 39     East India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Figure 40     East India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Figure 41     East India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Figure 42     East India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Figure 43     East India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Figure 44     East India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Figure 45     East India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030

Figure 46     West India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Figure 47     West India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Figure 48     West India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Figure 49     West India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Figure 50     West India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Figure 51     West India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Figure 52     West India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Figure 53     West India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Figure 54     West India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Figure 55     West India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030          

List of Tables     

Table 1        India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Table 2        India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Table 3        India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Table 4        India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Table 5        India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Table 6        India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Table 7        India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Table 8        India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Table 9        India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Table 10      India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030

Table 11      India Alkoxylates Market Share, By Region, By Value (USD Million), 2019–2030

Table 12      India Alkoxylates Market Share, By Region, By Volume (Thousand Tons), 2019–2030

Table 13      North India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Table 14      North India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Table 15      North India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Table 16      North India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Table 17      North India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Table 18      North India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Table 19      North India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Table 20      North India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Table 21      North India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Table 22      North India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030

Table 23      South India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Table 24      South India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Table 25      South India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Table 26      South India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Table 27      South India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Table 28      South India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Table 29      South India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Table 30      South India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Table 31      South India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Table 32      South India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030

Table 33      East India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Table 34      East India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Table 35      East India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Table 36      East India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Table 37      East India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Table 38      East India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Table 39      East India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Table 40      East India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Table 41      East India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Table 42      East India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030

Table 43      West India Alkoxylates Market Size, By Value (USD Million), 2019–2030

Table 44      West India Alkoxylates Market Size, By Volume (Thousand Tons), 2019–2030

Table 45      West India Alkoxylates Market Share, By Type, By Value (USD Million), 2019–2030

Table 46      West India Alkoxylates Market Share, By Type, By Volume (Thousand Tons), 2019–2030

Table 47      West India Alkoxylates Market Share, By Grade, By Value (USD Million), 2019–2030

Table 48      West India Alkoxylates Market Share, By Grade, By Volume (Thousand Tons), 2019–2030

Table 49      West India Alkoxylates Market Share, By Application, By Value (USD Million), 2019–2030

Table 50      West India Alkoxylates Market Share, By Application, By Volume (Thousand Tons), 2019–2030

Table 51      West India Alkoxylates Market Share, By End User, By Value (USD Million), 2019–2030

Table 52      West India Alkoxylates Market Share, By End User, By Volume (Thousand Tons), 2019–2030

Table 53      Esteem Industries Pvt Ltd Company Overview                           

Table 54      Esteem Industries Pvt Ltd Financial Overview                  

Table 55      Venus Ethoxyethers Pvt Ltd Company Overview                        

Table 56      Venus Ethoxyethers Pvt Ltd Financial Overview                         

Table 57      Perstorp Chemicals India Private Limited Company Overview                        

Table 58      Perstorp Chemicals India Private Limited Financial Overview                         

Table 59      Innospec Limited Company Overview                     

Table 60      Innospec Limited Financial Overview                      

Table 61      Stepan India Pvt Ltd Company Overview                         

Table 62      Stepan India Pvt Ltd Financial Overview                          

Table 63      Lambarti India Private Limited Company Overview                    

Table 64      Lambarti India Private Limited Financial Overview                     

Table 65      Milliken Company Overview                         

Table 66      Milliken Financial Overview                          

Table 67      Dyna Glycols Pvt Ltd Company Overview                         

Table 68      Dyna Glycols Pvt Ltd Financial Overview                          

Table 69      INEOS Styrolution India Limited Company Overview                            

Table 70      INEOS Styrolution India Limited Financial Overview                   

Table 71      BASF SE Company Overview                        

Table 72      BASF SE Financial Overview