Global Methyl Ester Ethoxylates Market to Reach $159.3 Million by 2027
Amid the COVID-19 crisis, the global market for Methyl Ester Ethoxylates estimated at US$125.8 Million in the year 2020, is projected to reach a revised size of US$159.3 Million by 2027, growing at aCAGR of 3.4% over the period 2020-2027. C16-C18, one of the segments analyzed in the report, is projected to record 3.6% CAGR and reach US$96 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the C12-C14 segment is readjusted to a revised 3.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $34 Million, While China is Forecast to Grow at 5.6% CAGR
The Methyl Ester Ethoxylates market in the U.S. is estimated at US$34 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$31.4 Million by the year 2027 trailing a CAGR of 5.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.We bring years of research experience to this 6th edition of our report. The 281-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- Huntsman Corporation
- INEOS Group Ltd.
- Jet Technologies
- KLK Oleo
- Lion Corporation