12 November 2018, The Japan Alcohol Ethoxylate Market size is likely to reach close to USD 370 million by 2025, expanding at a CAGR of 5.3% over the forecast period. Increasing demand in the wake of adoption of low foam, easy rinse detergents and cleaners will bode well for market growth in the country. Growing use in detergents, cleaners, and pharmaceutical products is expected to further fuel expansion in the coming years. The market for alcohol ethoxylates is mainly driven by rising demand for low rinse and rinse-free detergents in the healthcare sector. Rise in colleges, universities, hospitals, hotels, restaurants, and laundry and cleaning services is estimated to drive demand for institutional and industrial cleaners.

Rising requirement for highly stable oil-in-water emulsions across paper processing, agrochemicals, and pharmaceuticals among other application industries is expected to boost the market over the forecast period. High adoption of alcohol ethoxylate-based emulsions owing to superior biodegradable characteristics and great stability will further boost growth. Applications as wetting agents for hard surfaces are also expected to drive the Japan alcohol ethoxylates market growth over the forecast period. In addition, demand in dispersions is expected to witness a rise in the forecast period.

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Demand for lauryl alcohol ethoxylates for cleaning purposes in industrial, institutional, and household detergents is expected to drive market growth. Development of manufacturing industry and favorable political environment are expected to drive the market. Japan is one of the leading consumers of ethylene oxide in the world, with a total annual consumption of 590 kilo tons in 2016. As a result, Japan has become one of the major driving factors for global ethylene oxide capacity. Market for fatty alcohol ethoxylates is driven by ready availability of raw materials such as ethylene oxide and fatty alcohol. In addition, high demand from the pharmaceutical industry is expected to propel the Japan alcohol ethoxylate market over the forecast period. Rising usage in the production of agrochemicals is expected to create growth opportunities over the next few years.

The cleaning industry was the leading segment in terms of revenue in 2017 and is expected to remain dominant over the forecast period. Growth in industrial cleaning applications was primarily driven by presence of a large industrial sector in Japan. The market was dominated by the use of surfactants, wetting agents, detergents, and dispersants. Excellent formulation with exceptional wetting, and rapid dissolution properties, coupled with good rinse ability and low aquatic toxicity, are estimated to drive product demand over the forecast period. The Japan household cleaning market is expected to witness significant growth owing to increasing per capita income, resulting in higher living standards. Rising urban population is anticipated to impel demand for hygiene promoting products such as household cleaners.

Hexa Research has segmented the Japan alcohol ethoxylate market report based on product type, application and end use

Segmentation by Product Type

• Fatty
• Lauryl
• Linear
• Others

Segmentation by Application

• Emulsifier
• Dispersing Agent
• Wetting Agent
• Others

Segmentation by End Use

• Cleaning
• Metal Working
• Textile Processing
• Paper Processing
• Agrochemicals
• Pharmaceuticals
• Others

Key players analyzed:

• AkzoNobel N.V.
• BASF Japan
• Clariant Japan Co. Ltd.
• Dow Chemical Japan Co. Ltd.
• DuPont K.K.
• Evonik Japan Co. Ltd.
• Huntsman Japan
• Shell Japan Ltd.
• SABIC Japan LLC
• Sasol Chemical Japan KK
• Solvay Japan KK

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12 October 2018, The global Acetone Market size was USD 5.75 billion in 2016. Acetone is used as a solvent in adhesives, nail polish remover, paints & coatings, and other skin care products. It is also used in the manufacturing of Methyl Methacrylate & Bisphenol-A.

Polycarbonate plastic is derived from Bisphenol-A. An increasing use of polycarbonate in the automotive industry is one of the key growth factor for the acetone market. Polycarbonate is increasingly used as a substitute for metal and glass in automotive industry.

Automotive manufacturers are increasingly using polycarbonate for lighting applications, such as light housing, headlamp lenses, bezels that require transparency, high temperature resistance, it also offers better functional integration and designing freedom to vendors. An increasing demand for light vehicles with improved fuel efficiency is driving the manufacturers to depend on polycarbonate that helps to reduce the weight of the vehicles.

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Increasing demand of methyl methacrylate to produce polymethyl methacrylate resins used in electronics and automotive industry is a key factor for growth of the acetone market. Keeping these driving factors in mind companies are increasing their production capacity in order to meet the global demand. For instance, Vadodara-based chemical manufacturer Deepak Nitrite Limited is expected to invest INR 1,200 crores to set up a phenol and acetone plant at Dahej in Bharuch district of Gujarat to cater the increasing demand for acetone in the region.

In 2016, Asia Pacific was largest revenue generating owing to the development of automotive and electronics industries. Furthermore, growing pharmaceutical sector in China and India is expected to propel the demand for acetone. An increasing demand for bio based acetone and strict government regulations is expected to slow the market growth of acetone.  Moreover, contact with acetone is dangerous for health and can cause intoxication, dizziness, nausea, unconsciousness which in turn may hamper the market growth.

Hexa Research has segmented the global acetone market market based on application and region:

Segmentation by application, 2014 - 2024 (Kilo Tons) (USD Million)
• Solvent
• Methyl methacrylate (MMA)
• Bisphenol-A (BPA)

Segmentation by region, 2014 - 2024 (Kilo Tons) (USD Million)
• North America
    • U.S.
• Europe
    • Russia
• Asia Pacific
    • China
    • India 
• Central & South America
    • Brazil
• MEA

Key players analyzed:
• INEOS Phenol company
• Mitsui Chemicals
• The DOW Chemical Company
• Shell
• Minda
• U.S. Chemicals
• Formosa Chemicals
• Sunoco
• Conchemco

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