Ethanolamine Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Ethanolamine market including various factors related to and dependent influencing the market growth.
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.
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 31.88% in 2016. While in construction field, isopropanolamine is a substitution of triethanolamine.
During all regions, global ethanolamine is mainly concentrated in North America, Europe, China and Asia (Ex China). In 2016, North America produced 647 K MT ethanolamine, with a production share of 34.11%. Europe and China separately produced 511 K MT and 396 K MT in 2016. It seems that China market still has a great potential even though China manufacturers had expanded their capacity during past few years.
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. Europe and China separately consumed 394 and 549 K MT. Global consumption had also increased from 1811 K MT in 2012 to1919 K MT in 2020, with an average increase rate of 1.17%.
Global Ethanolamine market size will increase to 4010 Million US$ by 2030, from 2460 Million US$ in 2020, at a CAGR of 6.3% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Ethanolamine.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Ethanolamine market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Ethanolamine market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Ethanolamine market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Ethanolamine Market:
The major competitors working in the market 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, JLZX Chemical
Market by Order Type
Monoethanolamine (MEA)
Diethanolamine (DEA)
Triethanolamine (TEA)
Ethanolamine Data by Application
Surfactant in Personal Care
Agrochemical Production
Gas Treatment
Construction
Wood Preservation
Other
Ethanolamine Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Ethanolamine market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Ethanolamine Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Ethanolamine market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Ethanolamine market size and their forecasts
- To provide strategic profiles of the key players operating in the Ethanolamine market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Ethanolamine market
Target Audiences for Ethanolamine Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
We also provide customized reports according to customer\'s specific requirements. We also provide customization for regional and country-level reports individually.
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