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 2017, with an average increase rate of 1.17%.
The report offers detailed coverage of Ethanolamine industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Ethanolamine by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Ethanolamine market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Ethanolamine market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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
At the same time, we classify Ethanolamine according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Monoethanolamine (MEA)
Diethanolamine (DEA)
Triethanolamine (TEA)
Market by Application
Surfactant in Personal Care
Agrochemical Production
Gas Treatment
Construction
Wood Preservation
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Ethanolamine market for the forecast period 2021 - 2027?
• What are the driving forces in the Ethanolamine market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Ethanolamine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?