Ethanolamines Market


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Uploaded on Feb 24, 2022

Category Business

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.

Category Business

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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. Request Copy Of This Business Report:https://www.coherentmarketinsights.com/market- insight/ethanolamines-market-378 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. About Coherent Market Insights:- Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact Us: Name: Mr. Shah Phone: US +12067016702 / UK +4402081334027 Email: [email protected] Visit Our Blogs:https://blog.coherentmarketinsights.com