Global Amino Ethyl Ethanol Amine Market Size study& forecast, byGrade (>99%, <99%) by Application (Chelating Agent, Surfactants, Textile Additives, Fabric Softeners, Lubricants, Others)and Regional Analysis, 2022-2029
Global Amino Ethyl Ethanol Amine Market is valued at approximately USD 227.8 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2022-2029.Amino Ethyl Ethanol Amine (AEEA) is a colourless and water-soluble chemical compound. It is used as a chelating agent due to its better performance than other industrial amines. AEEA belongs to the ethylene amine family and contains amine groups. It also has a higher absorption capacity and lower desorption energy. It is also used as an intermediate for detergents, chelates, surfactants and fabric softeners.Additionally, the increasing need for chelating agents, preference for amino ethyl ethanol amine over other amines due to various characteristics and rising awareness about cleanliness is driving the market .
Increasing awareness about cleanliness has escalated the demand for chelating agents as they are required to produce cleaners and surfactants. a chelating agent is a product used in the manufacturing process that reduces the deposition of minerals from surfaces. For instance, in 2020 the market volume for chelating agents in the pharmaceuticals industry was about 6000 tons. The rising preference for AEEA over other amines due to several characteristics boosts the demand in the market, these characteristics make it an excellent replacement for traditional amines. In 2021, the total production of ethanol amines across India amounted to 16.7 thousand metric tons. Moreover, a wide range of applications in the chemical and textile industry due to dynamic characteristics such as high solubility, surface tension, high absorption and entropy plays a major role in driving the market for Amino Ethyl Ethanol Amine. However, the harmful side effects of Amino Ethyl Ethanol Amine stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Amino Ethyl Ethanol Amine Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is dominating the market for amino ethyl ethanol amine. The market is expanding due to growing end-use industries such as textiles and chemical industries. The easy availability of raw materials and skilled labor makes this regionalhub for several automakers. The emergingneed for cleanliness among the population is also increasing the demand for amino ethyl ethanol amines. North America is expected to be the fastest-growing region due to growing pharmaceutical industries. With increasing medical technologies and innovations companies are widening their research to introduce novel products.
Major market player included in this report are:
Akzo Nobel N.V.,
Ashland global holdings Inc.
Dow Inc.
Huntsman Corporation TCI Chemicals (India) Pvt. LtdTosoh Corporation
Prasol Chemicals Pvt. Ltd.
Restek Corporation
Otto ChemiePvt. Ltd.
PolyOne Corporation
Recent Developments in the Market:
In May 2021, Azelis came into an acquisition with Vigon International to enter into flavors and fragrances.
Global Amino Ethyl Ethanol Amine Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Grade, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional &segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Grade offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByGrade:
>99%
<99%
By Application:
Chelating Agent
Surfactants
Textile Additives
Fabric Softeners
Lubricants
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Akzo Nobel N.V.,
Ashland global holdings Inc.
Dow Inc.
Huntsman Corporation TCI Chemicals (India) Pvt. LtdTosoh Corporation
Prasol Chemicals Pvt. Ltd.
Restek Corporation
Otto ChemiePvt. Ltd.
PolyOne Corporation
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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