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Market Leader - Nonylphenol Ethoxylates Market
The global nonylphenol ethoxylates (NPEs) market is currently experiencing a declining trend and is estimated to reach USD 607.5 Million by 2021. This is due to its toxicity issues and endocrine nature to the aquatic environment.
The major players operating in the global NPEs market are AkzoNobel N.V. (Netherlands), Clariant AG (Switzerland), The DOW Chemical Company (U.S.), Hunstman (U.S.), Stepan Company (U.S.), India Glycols (India), SABIC (Saudi Arabia), PJSC Nizhnekamskneftekhim (Russia), Solvay (Belgium), and PCC Exol SA (Poland).
The DOW Chemical Company (U.S.) and Clariant AG (Switzerland) are the key market players in the NPEs market.
The DOW Chemical Company (U.S.) offers innovative solutions to various end-use industries by using green technology, thereby helping in improving the environment and the standard of living of customers. NPEs are offered under the infrastructure solutions business unit of the company. It has a strong regional presence. The U.S. market accounts for almost two-third of its total revenue. The company manufactures and distributes NPEs under the brand name TERGITOL.
The European chemical giant Clariant AG (Switzerland) is a large-scale producer of specialty chemicals. The company has a strong market position in Europe. The European market accounts for one-third of its total revenues generated. It produces NPEs under the care chemicals business segment, which accounts for one-fourth of its total revenue. The company has operations in Europe, Asia-Pacific, North America, Latin America, and the Middle East & Africa. It manufactures and distributes NPEs under the brand name ARKOPAL.
This report provides a detailed analysis of the NPEs market based on application and region. Based on application, the market has been segmented as I&I cleaning, paints, agrochemicals, leather, textile, oilfield chemicals, and others (pulp & paper, plastics, electrical & optical equipment, and building & construction). Based on region, the market has been segmented as Asia-Pacific, North America, Europe, South America, and the Middle East & Africa.
The I&I cleaning application accounted for almost one-third of the market share, in terms of volume, in 2015. I&I cleaning will continue to dominate the market because of increasing infrastructure activities in the developing countries of Asia-Pacific and the Middle East & Africa.
Nonylphenol Ethoxylates Market by Application (Industrial & Institutional Cleaning, Paints, Agrochemicals, Leather, Textile, Oilfield ChemicalS) and Region - Global Forecast to 2021
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