Global Ethanolamines Market 2023
                     Global Ethanolamines Market 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Global Ethanolamines Market 2023
Global Ethanolamines Market 2023: Industry Survey, Growth, 
Competitive Landscape and Forecasts to 2023
• The organic compounds which are composed of amino acids and formed by the reaction between 
ethylene oxide and ammonia are called ethanolamines. These compounds are utilized in various 
end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, 
they also provide versatility and reliability to the product.
• The global ethanolamines market is segregated into the product and application. On the basis of the 
product, the market is further categorized into monoethanolamine, diethanolamines, and 
triethanolamines segments. The triethanolamines segment is most widely used due to its growing 
consumption in heavy end-use industries such as cosmetics, pharmaceuticals, chemicals, healthcare, 
and others.
•  Moreover, durability and reliable nature are the major factors behind the popularity of this 
segment. The increasing use of these materials in metal cleaning, gas treatment, and other systems 
is estimated to drive the market during the assessment period.
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Global Ethanolamines Market 2023
Competitive Landscape
• BASF SE (Germany), 
• The Dow Chemical Corporation (U.S.), 
• Akzo Nobel N.V. (the Netherlands),
•  Huntsman Corporation LLC (U.S.),
• LyondellBasell Industries Holdings B.V. (U.S.), 
• Sintez OKA Group of Companies (Russia), 
• INEOS (U.K.),
•  SABIC (Saudi Arabia),
•  Jiaxing Jinyan Chemical Co. Ltd. (China) 
• China Petroleum & Chemical Corporation (China) 
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Global Ethanolamines Market 2023
Regional Analysis
• The global ethanolamines market is spanned across five key regions: Asia Pacific, North America, 
Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major 
portion of the global market and is anticipated to continue its dominance due to the rising demand 
for ethanolamine products in various applications. Countries such as China, Japan, and India are the 
major players in this region. 
• The North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico 
owing to the increasing demand for diethanolamines in cosmetics, personal care, and other sectors. 
• The extensive use of triethanolamines in fragrances, hair care products, and hair dyes has driven the 
manufacturers to use these materials in the end-use industries due to growing consumer preference 
and changing lifestyles. 
• Moreover, it is projected that the implementation of stringent rules and regulations in the major 
sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.
• The Middle East & Africa is estimated to observe a slow growth due to changing prices of raw 
materials and economic slowdown in the region. Additionally, the growing demand for emulsifying 
agents in major industries is projected to boost the market in the Latin American region.
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Global Ethanolamines Market 2023
Application & Major Players in this Research:
•   Industries such as cosmetics, pharmaceuticals, chemicals, healthcare,
• Detergents, 
• Chemical intermediates,
•  Herbicides, 
• Metal cleaning, metal cleaning,
•  gas treatment, 
• Cement, 
• Personal care, 
• textiles, 
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