Ethoxyquin Market 2022 To 2028 based on Sales, Revenue, Size, and Share
Ethoxyquin is an antioxidant used in various industries, including the animal feed, food, and agriculture sectors. It is used as a preservative to prevent spoilage and maintain the quality of products. Ethoxyquin is also used in the production of rubber and plastics. Market Size and Forecast: Global Market analysis , the global ethoxyquin market was valued at approximately USD 179.5 million in 2020 and is expected to reach USD 249.8 million by 2028, growing at a CAGR of around 4.2% between 2021 and 2028. The growth of the market is attributed to the increasing demand for animal feed and the rising use of ethoxyquin as a preservative in the food industry. Segmentation: The global ethoxyquin market can be segmented based on application and geography. Based on application, the market can be divided into: Animal Feed Food Agriculture Others Based on geography, the market can be segmented into: North America Europe Asia Pacific Latin America Middle East and Africa Key Players: S...