Global Ethanolamine Market Growth 2023-2029

Global Ethanolamine Market Growth 2023-2029

Ethanolamine is a multifunctional family of amino alcohols favored for a diverse range of applications. They are produced commercially by reacting ethylene oxide with ammonia. They are hygroscopic and miscible with water, most alcohols, and polyols. As alkalines, they react with acids to form esters or salts. Their versatile properties qualify them for industrial use as absorbents for gas treating; as emulsifiers in cleaning products; and as a corrosion inhibitor.

In this report, ethanolamine contains monoethanolamine (MEA), diethanolamine (DEA) and triethanolamine (TEA).

LPI (LP Information)' newest research report, the “Ethanolamine Industry Forecast” looks at past sales and reviews total world Ethanolamine sales in 2022, providing a comprehensive analysis by region and market sector of projected Ethanolamine sales for 2023 through 2029. With Ethanolamine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ethanolamine industry.

This Insight Report provides a comprehensive analysis of the global Ethanolamine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ethanolamine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ethanolamine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ethanolamine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ethanolamine.

The global Ethanolamine market size is projected to grow from US$ 3221.3 million in 2022 to US$ 4653.2 million in 2029; it is expected to grow at a CAGR of 4653.2 from 2023 to 2029.

Ethanolamine has three types, such as monoethanolamine (MEA), diethanolamine (DEA) and triethanolamine (TEA). Different products have different applications. After all, ethanolamine is mainly applied in surfactant in personal care, agrochemical production, gas treatment, construction and wood Preservation etc. During all applications, ethanolamine consumed in surfactant in personal care is the largest, with a consumption share of 31%. While in construction field, isopropanolamine is a substitution of triethanolamine.

Raw materials of ethanolamine are ethylene oxide and urea. Ethylene oxide has a great influence on ethanolamine market. Also, ethanolamine manufacturers usually produce both ethylene oxide and ethanolamine. Global major manufacturers are DOW, BASF, Ineos Oxides, Huntsman, Akzo Nobel, Nippon Shokubai, Mitsui Chemicals, KPX Green, Arak Petrochemical Company, OUCC, Yinyan Specialty Chemicals , Jiahua, Xian Lin Chemical, Maoming Petro－Chemical Shihua and JLZX Chemical etc.

During all regions, global ethanolamine is mainly concentrated in North America, Europe, China and Asia (Ex China). North America got a production share of 34%.

Global ethanolamine is consumed in North America, Europe, China and Asia (Ex China). In 2016, North America consumed about 28.85% of global total amount.

This report presents a comprehensive overview, market shares, and growth opportunities of Ethanolamine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Monoethanolamine (MEA)

Diethanolamine (DEA)

Triethanolamine (TEA)

Segmentation by application

Surfactant in Personal Care

Agrochemical Production

Gas Treatment

Construction

Wood Preservation

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

DOW

BASF

Ineos Oxides

Huntsman

Akzo Nobel

Nippon Shokubai

Mitsui Chemicals

KPX Green

Arak Petrochemical Company

OUCC

Yinyan Specialty Chemicals

Jiahua

Xian Lin Chemical

Maoming Petro－Chemical Shihua

JLZX Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ethanolamine market?

What factors are driving Ethanolamine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ethanolamine market opportunities vary by end market size?

How does Ethanolamine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.