Methyl Ester Ethoxylates Market

Methyl Ester Ethoxylates Market Size (2023-2028)

Methyl Ester Ethoxylates Market was valued at $ 114.4 million in the year 2022 and is predicted to reach approximately $ 139.4 million by the end of the year 2028, with a current CAGR of 3.1% 

MEE is obtained by direct ethoxylation of methyl fatty acid esters derived from soybean oil or coconut oil. They are highly biodegradable compared to fatty alcohol ethoxylates. In addition, they have low viscosity, low pour points, and excellent cleaning properties. Escalating urbanization and growing awareness of hygiene and bio-based surfactants are predicted to drive the market for methyl ester ethoxylates during the foreseen period. Regular ethoxylation of fatty methyl esters produces low yields of the desired ethoxylated ester. Methyl Ester Ethoxylate is a concentrated form of liquid detergent that is employed in a wide variety of household and industrial cleaning detergents. It is characterized by a lower freezing point, lower viscosity, higher solvation, higher water solubility, and lower dynamic surface tension.

Changes in consumer lifestyles and escalating attention to hygiene are driving calls for methyl ester ethoxylate. The increase in the number of contracting companies is predicted to boost the market call for methyl ester ethoxylate as it would increase the consumption of surfactants. The insolubility of methyl ester ethoxylate is a major drawback for the growing market call. Methyl ester ethoxylates consist of three structural groups, namely the fatty acid part, the PEG chain, and the methyl end group. They are low-foaming non-ionic surfactants that exhibit limited stability in the presence of inorganic acids and bases. Due to the special catalysts, MEEs exhibit a narrow homologous distribution.

Methyl Ester Ethoxylates Market Drivers:

One of the major drivers of the global methyl ester ethoxylate market is the low cost of this product. Its cost is considerably lower due to subsidies from the governments of Europe and Southeast Asia for the production of methyl ester ethoxylate. This increases the call for methyl ester ethoxylate in the world, which in turn drives the market. The growing awareness of single-wash detergents is also driving the worldwide market. The market for methyl ester ethoxylates has seen significant expansion due to factors such as an escalating call from the personal care industry coupled with the rising call for domestic and industrial cleaning applications in developed and developing countries.

Methyl Ester Ethoxylates Market Restraints:

Factors inhibiting the expansion of the methyl ester ethoxylates market include low potential in developed countries, falling prices for petrochemicals, and a complicated production process.

Methyl Ester Ethoxylates Market Opportunities:

The main opportunities for the world market are the augmenting use of low-foam detergents in water-scarce areas, especially in Asia-Pacific countries, which have larger populations, such as China and China. India. Additionally, the growing call for low-rinse detergents, especially for front-loading washers, offers a huge market opportunity for the major players in the methyl ester ethoxylates market.

Methyl Ester Ethoxylates Market Challenges:

Water consumption is drastically reduced due to low-foam, low-rinse formulations, which is driving the market for methyl ester ethoxylate worldwide. Insolubility in water and turbidity, when mixed with water at higher temperatures, is a great disadvantage of methyl ester ethoxylate, which is a major limitation in the world market for methyl ester ethoxylate.

METHYL ESTER ETHOXYLATES MARKET REPORT COVERAGE:

Market Segmentation:

Methyl Ester Ethoxylates Market By Type

• C16-C18 type

• C12-C14 type

The C16-C18 type segment will represent the significant market shares of methyl ester ethoxylates over the next four years. The market will experience considerable expansion in this segment due to the easy availability of palm oil feedstock in Southeast Asia. Furthermore, the escalating call for concentrated liquid detergent will also drive the call for C16-C18 type MEE.

Methyl Ester Ethoxylates Market By Application

• Industrial Cleaning

• Domestic Cleaning

• Personal Care

Over the next few years, the industrial cleaning segment will contribute a significant market share. This is primarily due to the use of surfactants by industrial sectors including retail and food service, manufacturing and trade offices, healthcare, hospitality, automotive, and aerospace and food processing.

Methyl Ester Ethoxylates Market By Region

• North America 

• Europe 

• The Asia Pacific.

• Latin America 

• Middle East & Africa 

The Asia Pacific region accounted for the majority of the global methyl ester ethoxylate market in 2019. The call for low-rinse detergents is escalating dramatically in various applications in the region. The reason for the growing popularity of low-rinse detergents is that they do not ionize in solution and have no electrical charge, so they resist harshness and clean most floors well. This has led to an escalating call for methyl ester ethoxylate in this area. Asia-Pacific had a significant market share in 2019 and is predicted to maintain its dominance over the foreseen period. This is attributed to the escalating use of low-rinse detergents in the region. The area’s market is also predicted to expand rapidly during the foreseen period. This is attributed to the non-ionization of methyl ester ethoxylate in solution, making it resistant to harshness and cleaning most hard surfaces. Countries like China and India are experiencing high calls for methyl ester ethoxylate. This results in a constant high call for methyl ester ethoxylate in the region.

Methyl Ester Ethoxylates Market Key Players:

1. Lion Corporation (Japan)

2. Huntsman Corporation (U.S.)

3. JC Chang Group of Companies (Malaysia)

4. Clariant AG (Switzerland)

5. Ineos Group Limited (Switzerland)

6. KLK OLEO (Malaysia)

7. Jet Technologies (Australia)