Ethoxyquin are quinoline-based antioxidants that find wide application in various end-use industries such as poultry, pet food, chemicals, and pesticides. These preservatives are used to lower the rate of oxidation of several food products.

The global ethoxyquin market size is estimated at US$ 172.5 million (revenue) in 2016 and is expected to expand at a CAGR of 4.23% in terms of revenue during 2017 – 2025.

In terms of end-use industry, the global ethoxyquin market is segmented into pesticides, pet food, aquaculture, poultry, chemicals and others. The market is dominated by the aquaculture end-use industry segment in 2016 and the trend is expected to continue during the forecast period.

Market Dynamics

North America dominated the market in 2016 and the trend is expected to remain the same during 2017-2025. The increasing demand for ethoxyquin derivatives in various end-use industries such as pesticides, aquaculture, pet food, poultry and chemicals due to increase in the demand for meat and protein consumption coupled with rising disposable income in China and India over following years is the major driving force to position Asia-Pacific as the largest and fastest-growing region in the global ethoxyquin market. Moreover, Latin America market is expected to experience a second highest CAGR of 4.46% in terms of revenue, during the forecast period.

Market Taxonomy

This report segments the global ethoxyquin market on the basis of product types and end use industries. On the basis of product types, the market is segmented as ethoxyquin 95 oil, ethoxyquin 66 powder and ethoxyquin 33 powder. On the basis of end use industries, the global ethoxyquin market is segmented into pesticides, aquaculture, pet food, poultry, chemicals and others. Moreover, ethoxyquin 95 oil is the largest product segment, accounting for over 52.2% share of the global ethoxyquin market in 2016, while, ethoxyquin 66 powder is projected to be the fastest growing product segment and expected to grow at a CAGR of 4.24% in during the forecasted period. Also, the market is projected to find major traction on the back of the rising trend for pet adoption across the world.

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Major Keyplayers: Camlin Fine Sciences Ltd., Merck KGaA, Mitsui & Co. Ltd., Shanghai Fuda Fine Material Co. Ltd., Skystone Feed Co. Ltd., Industrial Técnica Pecuaria S.A., Kemin Industries Inc., Jiangsu Zhongdan Group Co. Ltd., Impextraco N.V., Rensin Chemicals Ltd.

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