Ethanolamine Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	230 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185608

Best Price Guarantee
Price	from $4,850
Length	230 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185608

Ethanolamine Market

Growth Factors of Ethanolamine Market

The ethanolamine market size was valued at USD 3.66 billion in 2023, and the market is now projected to grow from USD 3.83 billion in 2024 to USD 5.73 billion by 2032, exhibiting a CAGR of 5.2% during the forecast period of 2023-2030.

The transportation and working labors are reduced which affect the production and supply of raw material. Since customers are deterred from spending on non-essential activities and things due to the economic slowdown. However, countries are opening their doors for international trade which consequently increased demand for industrial chemicals. The COVID-19 pandemic negatively affected the ethanolamine market growth.

The growing requirement for surfactants and chemical intermediates is increasing demand for the chemical. This factor is supporting the expansion of ethanolamine market share globally. This amine has the ability to emulsify and disperse water-insoluble matters. The huge shift towards personal care, home clean-up, and agriculture industries are escalating demand for the product. It is a critical component in a diverse array of chemical reactions and products owing to its versatility and efficiency.

The latest market trend is the growing demand for intermediate herbicide in the sector of agrochemicals. The use of the chemical in the agrochemical field, especially for production of herbicide is fueling market enlargement. It is a multi-use organic compound that acts as a weak base and is broadly used to formulate herbicides and it can efficiently manage weeds and encourage crop cultivation.

Comprehensive Analysis of Ethanolamine Market

The ethanolamine market and chemicals & advanced materials industry is increasing at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the bulk chemicals industry. These segmentations are methodically segregated by types of type and application. The type includes monoethanolamine (MEA), triethanolamine (TEA), and Diethanolamine (DEA). However, the application is such as detergents, ethyleneamines, gas purification, metal cleaning, herbicide intermediate, textile, and other.

The Asia Pacific region is conducive to the global ethanolamine market, leading to a recall of USD 1.63 billion owing to development of the detergents and ethyleneamines industry in this region. China being a manufacturing center is the major contributor to the market expansion. In addition, India is witnessing significant growth due to the rising use of the product in textile industries.

The top players in the market play a crucial role in the bulk chemicals industry assuring industrial prospectus growth and setting market standards. These players include, BASF SE (Germany), DOW (U.S), Indorama Ventures Public Company Limited (Thailand), INEOS (U.K), Nouryon (Netherlands), SABIC (Saudi Arabia), Sintez OKA Group of Companies (Russia), OUCC (Taiwan), Kanto Kagaku (Japan), Jay Dinesh Chemicals (India) these market players provide a level-playing competitive landscape.

In November 2023, BASF and SINOPEC extended their downstream chemical plants. It is expanded at the Verbund site managed by BASF-YPC Co., Ltd. in Nanjing. The objective of this development is to create high-quality chemicals and fulfill the growing demand from diverse sectors in the Chinese market.

Segmentation Table

Global Ethanolamine Market Scope

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion), Volume (Million Ton)

Growth Rate CAGR of 5.2% from 2024 to 2032

Segmentation By Type

- Monoethanolamine (MEA)

- Triethanolamine (TEA)

- Diethanolamine (DEA)

By Application

- Detergents

- Ethyleneamines

- Gas Purification

- Metal Cleaning

- Herbicide Intermediate

- Textile

- Others

By Region

- North America (By Type, Application, and Country)

U.S. (By Application)
Canada (By Application)

- Europe (By Type, Application, and Country)

Germany (By Application)
Italy (By Application)
France (By Application)
U.K (By Application)
Rest of Europe (By Application)

- Asia Pacific (By Type, Application and Country)

China (By Application)
India (By Application)
Japan (By Application)
South Korea (By Application)
Rest of Asia Pacific (By Application)

- Latin America (By Type, Application and Country)

Brazil (By Application)
Mexico (By Application)
Rest of Latin America (By Application)

- Middle East & Africa (By Type, Application and Country)

GCC (By Application)
South Africa (By Application)
Rest of the Middle East & Africa (By Application)

Please Note:

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends – For Major Regions; 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.; 4.3. Latest Technological Advancement; 4.4. Insights on Sustainability; 4.5. Porters Five Forces Analysis; 4.6. Impact of COVID-19 on Market
5. Global Ethanolamine Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. By Type (Volume/Value); 5.2.1. Monoethanolamine (MEA); 5.2.2. Triethanolamine (TEA); 5.2.3. Diethanolamine (DEA); 5.3. By Application(Volume/Value); 5.3.1. Detergents; 5.3.2. Ethyleneamines; 5.3.3. Gas Purification; 5.3.4. Metal Cleaning; 5.3.5. Herbicide Intermediate; 5.3.6. Textile; 5.3.7. Others; 5.4. By Region (Volume/Value); 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Latin America; 5.4.5. Middle East & Africa
6. North America Ethanolamine Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. By Type (Volume/Value); 6.2.1. Monoethanolamine (MEA); 6.2.2. Triethanolamine (TEA); 6.2.3. Diethanolamine (DEA); 6.3. By Application(Volume/Value); 6.3.1. Detergents; 6.3.2. Ethyleneamines; 6.3.3. Gas Purification; 6.3.4. Metal Cleaning; 6.3.5. Herbicide Intermediate; 6.3.6. Textile; 6.3.7. Others; 6.4. By Country (Volume/Value); 6.4.1. U.S.; 6.4.1.1. By Application(Volume/Value); 6.4.1.1.1. Detergents; 6.4.1.1.2. Ethyleneamines; 6.4.1.1.3. Gas Purification; 6.4.1.1.4. Metal Cleaning; 6.4.1.1.5. Herbicide Intermediate; 6.4.1.1.6. Textile; 6.4.1.1.7. Others; 6.4.2. Canada; 6.4.2.1. By Application(Volume/Value); 6.4.2.1.1. Detergents; 6.4.2.1.2. Ethyleneamines; 6.4.2.1.3. Gas Purification; 6.4.2.1.4. Metal Cleaning; 6.4.2.1.5. Herbicide Intermediate; 6.4.2.1.6. Textile; 6.4.2.1.7. Others
7. Europe Ethanolamine Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. By Type (Volume/Value); 7.2.1. Monoethanolamine (MEA); 7.2.2. Triethanolamine (TEA); 7.2.3. Diethanolamine (DEA); 7.3. By Application (Volume/Value); 7.3.1. Detergents; 7.3.2. Ethyleneamines; 7.3.3. Gas Purification; 7.3.4. Metal Cleaning; 7.3.5. Herbicide Intermediate; 7.3.6. Textile; 7.3.7. Others; 7.4. By Country (Volume/Value); 7.4.1. Germany; 7.4.1.1. By Application(Volume/Value); 7.4.1.1.1. Detergents; 7.4.1.1.2. Ethyleneamines; 7.4.1.1.3. Gas Purification; 7.4.1.1.4. Metal Cleaning; 7.4.1.1.5. Herbicide Intermediate; 7.4.1.1.6. Textile; 7.4.1.1.7. Others; 7.4.2. Italy; 7.4.2.1. By Application(Volume/Value); 7.4.2.1.1. Detergents; 7.4.2.1.2. Ethyleneamines; 7.4.2.1.3. Gas Purification; 7.4.2.1.4. Metal Cleaning; 7.4.2.1.5. Herbicide Intermediate; 7.4.2.1.6. Textile; 7.4.2.1.7. Others; 7.4.3. France; 7.4.3.1. By Application(Volume/Value); 7.4.3.1.1. Detergents; 7.4.3.1.2. Ethyleneamines; 7.4.3.1.3. Gas Purification; 7.4.3.1.4. Metal Cleaning; 7.4.3.1.5. Herbicide Intermediate; 7.4.3.1.6. Textile; 7.4.3.1.7. Others; 7.4.4. U.K; 7.4.4.1. By Application(Volume/Value); 7.4.4.1.1. Detergents; 7.4.4.1.2. Ethyleneamines; 7.4.4.1.3. Gas Purification; 7.4.4.1.4. Metal Cleaning; 7.4.4.1.5. Herbicide Intermediate; 7.4.4.1.6. Textile; 7.4.4.1.7. Others; 7.4.5. Rest of Europe; 7.4.5.1. By Application(Volume/Value); 7.4.5.1.1. Detergents; 7.4.5.1.2. Ethyleneamines; 7.4.5.1.3. Gas Purification; 7.4.5.1.4. Metal Cleaning; 7.4.5.1.5. Herbicide Intermediate; 7.4.5.1.6. Textile; 7.4.5.1.7. Others
8. Asia-Pacific Ethanolamine Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. By Type (Volume/Value); 8.2.1. Monoethanolamine (MEA); 8.2.2. Triethanolamine (TEA); 8.2.3. Diethanolamine (DEA); 8.3. By Application (Volume/Value); 8.3.1. Detergents; 8.3.2. Ethyleneamines; 8.3.3. Gas Purification; 8.3.4. Metal Cleaning; 8.3.5. Herbicide Intermediate; 8.3.6. Textile; 8.3.7. Others; 8.4. By Country (Volume/Value); 8.4.1. China; 8.4.1.1. By Application(Volume/Value); 8.4.1.1.1. Detergents; 8.4.1.1.2. Ethyleneamines; 8.4.1.1.3. Gas Purification; 8.4.1.1.4. Metal Cleaning; 8.4.1.1.5. Herbicide Intermediate; 8.4.1.1.6. Textile; 8.4.1.1.7. Others; 8.4.2. India; 8.4.2.1. By Application(Volume/Value); 8.4.2.1.1. Detergents; 8.4.2.1.2. Ethyleneamines; 8.4.2.1.3. Gas Purification; 8.4.2.1.4. Metal Cleaning; 8.4.2.1.5. Herbicide Intermediate; 8.4.2.1.6. Textile; 8.4.2.1.7. Others; 8.4.3. South Korea; 8.4.3.1. By Application(Volume/Value); 8.4.3.1.1. Detergents; 8.4.3.1.2. Ethyleneamines; 8.4.3.1.3. Gas Purification; 8.4.3.1.4. Metal Cleaning; 8.4.3.1.5. Herbicide Intermediate; 8.4.3.1.6. Textile; 8.4.3.1.7. Others; 8.4.4. Japan; 8.4.4.1. By Application(Volume/Value); 8.4.4.1.1. Detergents; 8.4.4.1.2. Ethyleneamines; 8.4.4.1.3. Gas Purification; 8.4.4.1.4. Metal Cleaning; 8.4.4.1.5. Herbicide Intermediate; 8.4.4.1.6. Textile; 8.4.4.1.7. Others; 8.4.5. Rest of Asia Pacific; 8.4.5.1. By Application(Volume/Value); 8.4.5.1.1. Detergents; 8.4.5.1.2. Ethyleneamines; 8.4.5.1.3. Gas Purification; 8.4.5.1.4. Metal Cleaning; 8.4.5.1.5. Herbicide Intermediate; 8.4.5.1.6. Textile; 8.4.5.1.7. Others
9. Latin America Ethanolamine Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. By Type (Volume/Value); 9.2.1. Monoethanolamine (MEA); 9.2.2. Triethanolamine (TEA); 9.2.3. Diethanolamine (DEA); 9.3. By Application (Volume/Value); 9.3.1. Detergents; 9.3.2. Ethyleneamines; 9.3.3. Gas Purification; 9.3.4. Metal Cleaning; 9.3.5. Herbicide Intermediate; 9.3.6. Textile; 9.3.7. Others; 9.4. By Country (Volume/Value); 9.4.1. Brazil; 9.4.1.1. By Application (Volume/Value); 9.4.1.1.1. Detergents; 9.4.1.1.2. Ethyleneamines; 9.4.1.1.3. Gas Purification; 9.4.1.1.4. Metal Cleaning; 9.4.1.1.5. Herbicide Intermediate; 9.4.1.1.6. Textile; 9.4.1.1.7. Others; 9.4.2. Mexico; 9.4.2.1. By Application (Volume/Value); 9.4.2.1.1. Detergents; 9.4.2.1.2. Ethyleneamines; 9.4.2.1.3. Gas Purification; 9.4.2.1.4. Metal Cleaning; 9.4.2.1.5. Herbicide Intermediate; 9.4.2.1.6. Textile; 9.4.2.1.7. Others; 9.4.3. Rest of Latin America; 9.4.3.1. By Application (Volume/Value); 9.4.3.1.1. Detergents; 9.4.3.1.2. Ethyleneamines; 9.4.3.1.3. Gas Purification; 9.4.3.1.4. Metal Cleaning; 9.4.3.1.5. Herbicide Intermediate; 9.4.3.1.6. Textile; 9.4.3.1.7. Others
10. Middle East & Africa Ethanolamine Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. By Type (Volume/Value); 10.2.1. Monoethanolamine (MEA); 10.2.2. Triethanolamine (TEA); 10.2.3. Diethanolamine (DEA); 10.3. By Application (Volume/Value); 10.3.1. Detergents; 10.3.2. Ethyleneamines; 10.3.3. Gas Purification; 10.3.4. Metal Cleaning; 10.3.5. Herbicide Intermediate; 10.3.6. Textile; 10.3.7. Others; 10.4. By Country (Volume/Value); 10.4.1. GCC; 10.4.1.1. By Application(Volume/Value); 10.4.1.1.1. Detergents; 10.4.1.1.2. Ethyleneamines; 10.4.1.1.3. Gas Purification; 10.4.1.1.4. Metal Cleaning; 10.4.1.1.5. Herbicide Intermediate; 10.4.1.1.6. Textile; 10.4.1.1.7. Others; 10.4.2. South Africa; 10.4.2.1. By Application(Volume/Value); 10.4.2.1.1. Detergents; 10.4.2.1.2. Ethyleneamines; 10.4.2.1.3. Gas Purification; 10.4.2.1.4. Metal Cleaning; 10.4.2.1.5. Herbicide Intermediate; 10.4.2.1.6. Textile; 10.4.2.1.7. Others; 10.4.3. Rest of Middle East & Africa; 10.4.3.1. By Application(Volume/Value); 10.4.3.1.1. Detergents; 10.4.3.1.2. Ethyleneamines; 10.4.3.1.3. Gas Purification; 10.4.3.1.4. Metal Cleaning; 10.4.3.1.5. Herbicide Intermediate; 10.4.3.1.6. Textile; 10.4.3.1.7. Others
11. Company Profiles: 11.1. BASF SE (Germany); 11.1.1. Overview; 11.1.2. Description; 11.1.3. Product Portfolio; 11.1.4. Financials (Data as available in public domain and/or on paid databases); 11.1.5. Recent Developments; 11.2. DOW (U.S); 11.2.1. Overview; 11.2.2. Description; 11.2.3. Product Portfolio; 11.2.4. Financials (Data as available in public domain and/or on paid databases); 11.2.5. Recent Developments; 11.3. Indorama Ventures Public Company Limited (Thailand); 11.3.1. Overview; 11.3.2. Description; 11.3.3. Product Portfolio; 11.3.4. Financials (Data as available in public domain and/or on paid databases); 11.3.5. Recent Developments; 11.4. INEOS (U.K); 11.4.1. Overview; 11.4.2. Description; 11.4.3. Product Portfolio; 11.4.4. Financials (Data as available in public domain and/or on paid databases); 11.4.5. Recent Developments; 11.5. Nouryon (Amsterdam); 11.5.1. Overview; 11.5.2. Description; 11.5.3. Product Portfolio; 11.5.4. Financials (Data as available in public domain and/or on paid databases); 11.5.5. Recent Developments; 11.6. SABIC (Saudi Arabia); 11.6.1. Overview; 11.6.2. Description; 11.6.3. Product Portfolio; 11.6.4. Financials (Data as available in public domain and/or on paid databases); 11.6.5. Recent Developments; 11.7. Sintez OKA Group of Companies (Russia); 11.7.1. Overview; 11.7.2. Description; 11.7.3. Product Portfolio; 11.7.4. Financials (Data as available in public domain and/or on paid databases); 11.7.5. Recent Developments; 11.8. OUCC (Taiwan); 11.8.1. Overview; 11.8.2. Description; 11.8.3. Product Portfolio; 11.8.4. Financials (Data as available in public domain and/or on paid databases); 11.8.5. Recent Developments; 11.9. Kanto Kagaku (Japan); 11.9.1. Overview; 11.9.2. Description; 11.9.3. Product Portfolio; 11.9.4. Financials (Data as available in public domain and/or on paid databases); 11.9.5. Recent Developments; 11.10. Jay Dinesh Chemicals (India); 11.10.1. Overview; 11.10.2. Description; 11.10.3. Product Portfolio; 11.10.4. Financials (Data as available in public domain and/or on paid databases); 11.10.5. Recent Developments
12. Strategic Recommendations