HOME Research Insight Development of eco-friendly sustainable substitutes and improvised technologies of manufacturing by new entrants can pose a threat to the existing market players



Development of eco-friendly sustainable substitutes and improvised technologies of manufacturing by new entrants can pose a threat to the existing market players


The ethoxylates market is extremely competitive. In terms of the global market, the industry comprises of several market participants with a few market leaders. In the ethoxylates market, there are established players, such as BASF SE (Germany), Huntsman Corporation (U.S.), Clariant AG (Switzerland), Stepan Company (Illinois), and The Dow Chemical Company (U.S.). These top players have a significant control on the market. These players maintain their leading position by launching new products and making substantial investments for capacity expansions.

Development of eco-friendly sustainable substitutes and improvised technologies of manufacturing by new entrants can pose a threat to the existing market players. However, the development of such substitutes requires high investment of resources in research and development of the product. Thus, the threat of new entrants in the ethoxylates market is medium.

The players in this market have adopted various strategies in order to expand their presence and increase their market shares. Expansions, investments, and merger & acquisitions are some of the key strategies adopted by the market players to achieve growth in the ethoxylates market. Manufacturers are concentrating on expanding their operations either by increasing the production capacities of their existing plants or by starting a new production facility in untouched regions. For instance, In October 2013, Clariant AG expanded its ethoxylation capacity by setting up a 125,000 metric ton ethoxylate plant in Clear Lake, Texas.  This plant is expected to cater the increasing demand of ethoxylates in North America. These kinds of expansion strategies will aid towards increasing the global footprint of the manufacturers.

Related Reports:

Ethoxylates Market by Type (Alcohol, Fatty Amine, Fatty Acid, Methy ester, and Glyceride) and by Application (Agrochemicals, Household & Personal Care, Pharmaceutical, Oilfield Chemicals, Others) - Global Trends & Forecasts to 2019

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports