Methyl Ester Ethoxylate (MEE) Market poised to grow at a 4.02% CAGR to surpass US$179 Million by 2030
The methyl ester ethoxylate market is estimated at US$147.344 million in 2025 and is expected to grow at a CAGR of 4.02% to reach US$179.008 million by 2030.
The demand for Methyl Ester Ethoxylate is rising due to its increasing demand in its end-use industries such as agrochemicals, oil & gas, and leather and textiles processing. Additionally, the growing focus on sustainability will be driving the market of environment-friendly methyl ester ethoxylate during the forecast period. The biodegradability of methyl ester ethoxylate will positively impact its market growth.
The market is witnessing continued advancement in the manufacturing process of MEE which is significantly improving its quality and efficiency. There is a growing trend in its various end-use applications, driving its market. Companies are collaborating with the stakeholders to expand their market reach. For example, in April 2022, Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, acquired 100% of Brazil-based Oxiteno S.A. Indústria e Comércio. Through this acquisition, IVl expands its profile in Latin America and the U.S. along with the potential to grow in Europe and Asia.
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The Methyl Ester Ethoxylate market by type is segmented into C16-18 and C12-C14. C16-18 Methyl Ester Ethoxylate is derived from fatty acids that have 16-18 carbon chains, used in washing and cleaning products, polymers, textile treatment products, dyes, lubricants, and others. C12-14 methyl ester ethoxylate is also derived from fatty acids having 12-14 carbon chains, used for washing & cleaning products, plant protection products, fertilizers, air care products, coating products, lubricants and greases and polishes, and waxes. Both markets will grow over the forecast period for their usage in end-use industries.
The Methyl Ester Ethoxylate market by application is segmented into cleaning and industrial detergent; personal care, and cosmetics; oilfield; paints, and coating; agricultural chemicals, and others. In cleaning and Industrial detergent applications, MEE is used as an industrial cleaning agent due to its emulsifying properties helping in removing dust and grease. In the personal care and cosmetics industry, MEE is used as a surfactant in shampoos, cleansers, soap, body wash, and others. The cleaning and industrial detergent segment is expected to hold a significant market share as their wetting strength is identical to those of comparable alkyl-chain fatty alcohol ethoxylates. Also, the demand for eco-friendly cleaning agents is growing in the industries, driving the market growth of this segment.
Based on geography, the Asia Pacific region is anticipated to hold a substantial share in the methyl ester ethoxylate market in the coming years, as the demand for low-rinse detergent is increasing for various applications in the region. Additionally, with the growing cosmetics and personal care industry and the changing lifestyle of people with increasing purchasing power, the market for methyl ester ethoxylate is anticipated to grow in the coming years.
The report includes the major players operating in the Methyl Ester Ethoxylate market: Nanjing Chemical Material Corp, Indorama Ventures, INEOS, KLK OLEO, VENUS ETHOXYETHERS PVT.LTD., Esteem Industries, Guangzhou Jun Xin Chemical Technology Co. Ltd., and Luoyang Tongrun Nano Technology Co., Ltd. among others.
The market report segments the Methyl Ester Ethoxylate market as follows:
• By Type
o C16-18
o C12-C14
• By Application
o Cleaning and Industrial Detergent
o Personal Care, And Cosmetics
o Oilfield
o Paints, And Coating
o Agricultural Chemicals
o Others
• By Geography
• North America
o USA
o Canada
o Mexico
• South America
o Brazil
o Argentina
o Others
• Europe
o Germany
o France
o United Kingdom
o Spain
o Others
• Middle East and Africa
o Saudi Arabia
o UAE
o Israel
o Others
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Taiwan
o Others
Companies Profiled:
• Nanjing Chemical Material Corp.
• Indorama Ventures
• INEOS
• KLK OLEO
• VENUS ETHOXYETHERS PVT.LTD.
• Esteem Industries
• Guangzhou Jun Xin Chemical Technology Co., Ltd.
• Luoyang Tongrun Nano Technology Co., Ltd.
*Not an exhaustive list
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