Stepan Company is the biggest glyceride ethoxylate manufacturer globally. It has completed the expansion of its surfactant production capacities in Brazil and specialty surfactant production in U.S. The company has made a significant investment in a new R&D center focused on its surfactant business near Sao Paolo, Brazil to support the strong demand for surfactants in the Brazil and Latin American markets.
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Shell Chemicals (The Netherlands), one of the major manufacturers of ethoxylates, recently made new investments in its existing production facility in Singapore in order to increase its ethoxylate production capacity in Asia. The company is focusing to build a world-scale ethylene cracker with integrated derivative units in the Appalachian region of the United States to cater to the growing demand of petrochemicals including ethoxylates in North America.
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Huntsman International LLC expanded its performance products division of ethylene oxide (EO) capacity at its manufacturing plant in Port Neches, TX. The company increased its one billion pounds annual capacity by 250 million pounds per year. The expansion of EO capacity at Port Neches unit influenced Huntsman’s integrated EO derivatives surfactants, ethanol amines, specialty chemicals, and ethylene glycol (EG) production in North America.
Glyceride Ethoxylate is driven mainly by the demand from Asia-Pacific and Europe. In the Asia-Pacific region, the glyceride ethoxylate market is expected to witness substantial growth, due to factors such as rising demand from end-user industries and increasing demand for eco-friendly products and low-rinse detergents.
The ethoxylate market has less potential in developed countries, as many household & personal care products are manufactured by using alternatives of ethoxylate in these countries. Therefore, manufacturers are focusing on emerging markets as there is high growth potential, due to the increasing demand.
The major global participants operating in the global glyceride ethoxylate market are Stepan Company (U.S.), Shell chemicals (The Netherlands), BASF SE (Germany), Huntsman Corporation (U.S.), Clariant AG (Switzerland), The Dow Chemical Company (U.S.), Sasol Limited (South Africa) and Ineos Group Ltd (Switzerland), Air Products & Chemicals (U.S.), India Glycols (India).
