Market Size of Methyl Ester Ethoxylate Industry
| Study Period | 2017-2027 |
| Market Size (2023) | USD 136.33 Million |
| Market Size (2028) | USD 164.12 Million |
| CAGR (2023 - 2028) | 3.78 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Methyl Ester Ethoxylate Market Analysis
The Global Methyl Ester Ethoxylate Market size is expected to grow from USD 136.33 million in 2023 to USD 164.12 million by 2028, at a CAGR of 3.78% during the forecast period (2023-2028).
The COVID-19 pandemic negatively impacted the market in 2020. However, consciousness regarding personal hygiene and clean surroundings increased during the pandemic, stimulating the demand for methyl ester ethoxylate in applications such as detergents, industrial cleaning agents, personal care products, and others.
- Over the short term, surging demand from personal care and cosmetics and growing awareness regarding low foam, low rinse, and single wash detergents are expected to drive the growth of the market.
- On the other side, the presence of more efficient surfactants is likely to hinder the growth of the market studied.
- Increasing awareness regarding bio-based surfactants and growing urbanization in developing countries are likely to act as opportunities for the methyl ester ethoxylate market.
- Europe is expected to dominate the global market and is likely to witness the highest CAGR during the forecast period.
