[Online Quarterly Update] Global Ethanolamine Market experienced considerable growth as its demand reached 2.16 million tonnes in 2021 and it is expected to grow at a healthy CAGR of 4.15% during the forecast period (2022-35).
Ethanolamine’s are bi-functional organic compounds containing both, Amine & Alcohol, functional group, & are therefore capable of reacting at both ends, thus giving it a wide range of properties. It is one of the most versatile member of EO derivatives family. It appears as a colourless & viscous hygroscopic liquid in room temperature giving out characteristic unpleasant odour of ammonia. Ethanolamine reacts with many compounds such as carbon dioxide, ammonia, sulfuric acid, carbon disulphide, thionyl chloride, sodium hydroxide and with acids and aromatic aldehydes. They can dissolve oils in them.
Based on type, Ethanolamine market is segmented into Mono Ethanolamine, Di Ethanolamine & Tri Ethanolamine depending on number of ethyl alcohol group attached with Ammonia.
The Commercial method for producing Ethanolamine is by the reaction of Ammonia or Amine containing compound with Ethylene Oxide in liquid phase acid catalysed reactor. Mono-, Di- & Tri-ethanolamine’s are produced in the reactor which are sent for separation into downstream distillation columns. The reaction is highly exothermic, therefore anhydrous ammonia is used. By varying the ratio of EO & Ammonia, we shift the product split among the mono-, di-, and tri-ethanolamine.
The increasing demand for Ethanolamine in broad spectrum of End user industries like, soaps & detergents, oil & gas treatment, cosmetics & personal care, agrochemicals, textile, pharmaceuticals & chemicals synthesis is driving the market around the world.
MEAs (Mono ethanolamine’s) finds applications in surfactants, textile finishing & wood treatment, personal care products, corrosion inhibitors in oil well chemicals & metalworking & as stability catalysts. They are extensively used in the manufacturing of ethylenediamines.
DEAs (Di ethanolamine’s) are commonly used in manufacturing of soaps, surfactants for laundry detergents, cosmetics, hair conditioning & shampoos. It is also used in gas purification, manufacturing of cement additives, agrochemicals & herbicides. TEAs (Tri ethanolamine’s) are majorly used in detergents, gas treatment & personal care products.
Among this end user industry, owing to increasing urbanization & improved quality of life, the Soaps & Detergents sector is anticipated to dominate the global Ethanolamine market with a market share of around 37%. As a result, the DEAs demand is projected to go up in coming years.
Among different regions, the Asia Pacific region with a share of 43% dominated the global Ethanolamine market in 2021 and is likely to maintain its supremacy in the forecast period as well. Ethanolamine is consumed increasingly in growing populated regions of China, India & Indonesia due to its high demand in surfactants & cosmetics industry which is driving the Ethanolamine market across the APAC region. Recently in 2020, China has added new Capacities in Guangdong province to manufacture this product.
North America holds the second largest share of Ethanolamine in terms of demand & is largest manufacturer of Ethanolamine. Owing to several developments in its end user industries, its market is growing at a healthy pace. Followed by them, Middle East & Africa and South American market is also projected to grow to meet the demand of their growing population. Sadara chemical production from its newly built plant in 2017 in Saudi Arabia’s industrial city Al-Jubail is operating at near full efficiency to meet the growing demand of the product.
Major players operating in the Ethanolamine market include Dow Chemical Company (USA), INEOS Oxide (USA, France), Huntsman Corporation (USA), Sadara Chemical (Saudi Arabia), Oxiteno Chemical (Brazil), Saudi Kayan (Saudi Arabia), Dow (Union Carbide) - Petronas JV (Malaysia), Sintez OKA Group of Companies (Russia), Nippon Shokubai (Japan), Lotte Chemical (China), Arak Petrochemical Complex (Iran), Sasol (Germany), IDESA Group (Mexico), Oriental Union Chemical Corp. (OUCC) (Taiwan,China), BASF SE (Global), KPX Green Chemical (South Korea), Amines & Plasticizers Limited (APL) (India), AkzoNobel (Sweden), Petronas Chemicals Group (Malaysia), PTT Global (Thailand) and Others.
Years considered for this report:
Historical Period: 2015-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023–2035
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Ethanolamine which covers production, demand and supply of Ethanolamine market globally.
• To analyse and forecast the market size of Ethanolamine.
• To classify and forecast Ethanolamine market based on application, Type, end-use and regional distribution.
• To identify drivers and challenges for Ethanolamine market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Ethanolamine market.
• To identify and analyse the profile of leading players involved in the manufacturing of Ethanolamine.
To extract data for Ethanolamine market, primary research surveys were conducted with Ethanolamine manufacturers, suppliers, distributors, wholesalers, and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global Ethanolamine market over the coming years.
ChemAnalyst calculated Ethanolamine demand globally by analyzing the historical data and demand forecast which was carried out considering imported Ethanolamine, prices, monomers & raw materials used for production of Ethanolamine. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ethanolamine manufacturers and other stakeholders
• Organizations, forums, and alliances related to Ethanolamine distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethanolamine manufacturers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Ethanolamine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
1. Type: Mono Ethanolamine, Di Ethanolamine & Tri Ethanolamine)
2. End-Use (Soaps & Detergents, Petroleum Use & Gas Treatment, Cosmetics & Personal Care Products, Agrochemicals, and Others (Pharmaceuticals, Textiles))
3. Sales Channel (Direct Company Sale, Direct Import, Distributors & Traders)
4. Process & Technology (Using Ethylene Oxide & Ammonia)
Regional scope
North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope
United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
Key companies profiled
Dow Chemical Company (USA), INEOS Oxide (USA, France), Huntsman Corporation (USA), Sadara Chemical (Saudi Arabia), Oxiteno Chemical (Brazil), Saudi Kayan (Saudi Arabia), Dow (Union Carbide) - Petronas JV (Malaysia), Sintez OKA Group of Companies (Russia), Nippon Shokubai (Japan), Lotte Chemical (China), Arak Petrochemical Complex (Iran), Sasol (Germany), IDESA Group (Mexico), Oriental Union Chemical Corp. (OUCC) (Taiwan,China), BASF SE (Global), KPX Green Chemical (South Korea), Amines & Plasticizers Limited (APL) (India), AkzoNobel (Sweden), Petronas Chemicals Group (Malaysia), PTT Global (Thailand) and Others
Customization scope
Free report customization with purchase. Addition or alteration to country, regional & segment scope.
12.8.5.6.By Company Share (At least top 3 companies' market share)
13.Country-wise Import
14.Country-wise Export
15.News and Deals
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,
Investigative News
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,
Clients & Testimonials
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially
helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries with a global view of production and consumption capacity loss that reflects the corresponding conversion factors. It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on supply of the product in the market at a Global level.
What is the global market size and growth rate of Ethanolamine?
Ans:
The global market size of Ethanolamine is 2.16 million tonnes as of 2021, and it is growing with a healthy CAGR of 4.15%.
Q2.
What are the major end-use industries of Ethanolamine?
Ans:
Ethanolamine is widely used in a wide range of end use industries including Soaps & Detergents, Gas Treatment & Petroleum Use, Cosmetics & Personal Care Products, Agrochemicals, and Others.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database)
Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.
