Uploaded on Feb 24, 2022
Ethanolamines are colorless, viscous organic compound with molecular formula HOCH2CH2NH2. These are used as a feedstock in the manufacture of Monoethanolamines (MEA), Diethanolamines (DEA) and Triethanolamines (TEA), which finds wide application in the production of emulsifiers, detergents, polishes, chemical intermediates, corrosion inhibitors and pharmaceuticals.
Ethanolamines Market
Ethanolamines Market Competitive Analysis, Upcoming Demand And Growth Forecast 2025
Market Overview
Ethanolamines are colorless, viscous organic compound with molecular formula HOCH2CH2NH2.
These are used as a feedstock in the manufacture of Monoethanolamines (MEA), Diethanolamines
(DEA) and Triethanolamines (TEA), which finds wide application in the production of emulsifiers,
detergents, polishes, chemical intermediates, corrosion inhibitors and pharmaceuticals.
On the basis of application, the global ethanolamine market can be segmented as surfactants,
herbicides, chemicals intermediates, textiles, gas treatments, gas treatment and metal treatment.
Herbicides segment is expected to witness highest growth rate during the forecast period, followed
by textile and surfactants. Other major applications of ethanolamine are in the field of corrosion
inhibitors for metal protection and construction chemicals. These chemicals are largely used in the
production of surfactants, which finds wide applications in detergents, emulsions, fabric softeners,
paints, inks, adhesives, cosmetics, biocides, among others. Surfactants application segment
dominated the ethanolamines market in 2016.
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Market Dynamics
Asia Pacific dominated the market in 2016 and the trend is expected to remain the same during
2017-2025. The increasing demand for ethanolamine derivatives in various end-use industries such
as agriculture, refinery, and construction chemicals due to low production cost of ethanolamines 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 ethanolamines market. Moreover, Latin America
market is expected to experience a second highest CAGR of 4.3% in terms of volume, during the
forecast period. Propelling growth of shale gas exploration in North America is in turn leading to
major rise in production of natural gas is expected to augment the market of ethanolamines during
the forecast period. As ethanolamines are used in various gas sweetening and cleaning process in
downstream petroleum industries.
Detailed Segmentation:
• Global Ethanolamines Market, By Product Type:
• Monoethanolamines (MEA)
• Diethanolamines (DEA)
• Triethanolamines (TEA)
• Global Ethanolamines Market, By Application:
• Surfactants
• Chemical Intermediates
• Herbicides
• Gas Treatment
• Metal Treatment
• Textile
• Others
Major players in the global ethanolamines market include The Dow Chemical Company, SABIC,
LyondellBasell Industries N.V., Huntsman Corporation, China Chemical & Petroleum Corporation,
BASF SE, Sintez OKA LLC, Daicel Chemical industries Ltd. and Celanese Corporation.
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