As per this study the Global Ethanolamine Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Ethanolamine is a hygroscopic, colorless, viscous liquid with ammonia like odor. Commercially, it is synthesized by reacting ammonia with ethylene oxide. It acts as raw material & intermediates in the manufacturing of detergents, polishes, and dyes. It is extensively used in cosmetic, pharmaceutical, textile, automobile, and chemical sector.
The market is gaining momentum owing to rising demand from end-use industries such as textile, chemicals, cosmetics & personal care, pharmaceutical and others. Rising demand of surfactants and other chemicals to cater global demand is further fueling the market growth. Also, low production cost is another factor boosting its demand across all end-use industries. However, volatile prices of raw materials are expected to restrain market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of ethanolamine.
The broad ethanolamine market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Monoethanolamine (MEA)
- Diethanolamine (DEA)
- Triethanolamine (TEA)
- Chemical Intermediate
- Gas Treatment
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for ethanolamine in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Ethanolamine Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the ethanolamine market include BASF-YPC Company Ltd., China Chemical & Petroleum Corporation, Huntsman Corporation, INEOS Group Ltd., LyondellBasell Industries N.V., SABIC, Sintez OKA LLC and The Dow Chemical Company. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.