Booming Personal Care Industry to Foster Growth of Fatty Alcohol Ethoxylates Market
Market Scope MRFR (Market Research Future) expects the fatty alcohol ethoxylates market to maintain steady growth at a rate of 4.2% between 2020 and 2027 (assessment period). Market Boosters and Challenges Fatty alcohol ethoxylates are witnessing significant demand worldwide, since the product is extensively used in high grade institutional, household, and industrial cleaners. This is touted to be a major growth booster in the global market in the following years. Soaring preference for biodegradable surfactants by several industries should also be a favorable factor in the future. Lauryl alcohol ethoxylates, one of the major derivatives, is used as a cleaning agent in household and industrial detergents and should emerge as a significant driver of the global market. The accelerated demand for low rinse and low foam products also enhances the sales of the product worldwide. Fatty alcohol ethoxylates market are increasingly being used as dispersing agents in line with the su...