Title: Nonylphenol Ethoxylates Market worth 607.5 Million USD by 2021
1MarketsandMarkets Presents
Nonylphenol Ethoxylates Market worth 607.5
Million USD by 2021
2The report "Nonylphenol Ethoxylates Market by
Application (Industrial Institutional Cleaning,
Paints, Agrochemicals, Leather, Textile, Oilfield
ChemicalS) and Region - Global Forecast to 2021",
The global nonylphenol ethoxylates (NPEs) market
is experiencing a declining trend and is
estimated to reach USD 607.5 Million by 2021.
3 - Browse
- 33 market data Tables
- 17 Figures spread through 61 Pages and in-depth
TOC - Early buyers will receive 10 customization on
reports. - Download PDF Brochure http//www.marketsandmarke
ts.com/pdfdownload.asp?id226843984
4The market is segmented based on application and
region. The market for NPEs is declining due to
its toxicity issues, endocrine effects on the
aquatic organisms, very slow biodegradability
rate, and availability of eco-friendly
substitutes. These factors along with limitations
imposed by associations and organizations on NPEs
manufacturers in North America and Europe are
factors that are responsible for the declining
trend in the region. Industrial Institutional
(II) cleaning captures the largest share of the
NPEs market The NPEs market is segmented based on
application, namely, II cleaning, paints,
oilfield chemicals, leather, textile,
agrochemicals, and others (pulp paper, building
construction, electrical optical, and
plastics). In 2015, II cleaning segment captured
the maximum share of the overall market. However,
the market is projected to decline due to
increasing regulations related to its toxicity
and effects on endocrine systems of the aquatic
organisms. For instance, companies have to notify
their local Environmental Protection Agency (EPA)
in advance if they want to have NPEs in their
product formulations. The decline will also be
due to the availability of several economical and
green substitutes such as alcohol ethoxylates,
fatty acids, fatty amines, unsaturated and
hydrocarbons.
5.
- Asia-Pacific is the largest NPEs market
- Asia-Pacific accounted for the largest share of
the global NPEs market in 2015, in terms of both
volume and value. The demand in Asia-Pacific will
be supported by growth of applications in the
region. The growth of the NPEs market is directly
associated with the increasing manufacturing
sites, commercial buildings, healthcare
facilities, hotels, and others in the region.
This is due to several factors such as increasing
income and spending on residential establishments
as well as the shift in manufacturing sites to
the low-cost markets of Asia-Pacific. - Currently, various market players such as
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) dominate the global NPEs
market. - Speak to Analyst http//www.marketsandmarkets.com
/speaktoanalyst.asp?id226843984
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