Global Ethanolamines Market, 2014-2024: By Type (DEAs, TEAs, and Meas), and By Application (Cosmetics and Personal Care, Textile, Chemical, Agrochemical, and Other)
発行: Market Krystal
Ethanolamine commonly known as 2-aminoethanol, is an organic chemical compound. Its molecular formula is C2H7NO or H2NCH2CH2OH. It contain primary alcohol and primary amine, acting bi-functional. Ethanolamine appears as a clear colorless liquid with ammonia odor. Ethanolamine is flammable, corrosive, moderately toxic and viscous liquid material. Monoethanolamine is a weak base and this property is exploited in its use in gas scrubbing. Monoethanolamines can scrub combusted coal, combusted methane and combusted biogas flue emissions of carbon dioxide (CO2) very efficiently. It is second most abundant head group substances for phospholipids.
Ethanolamine can be categories based on the organic compounds by type triethanolamine (TEA), monoethanolamine (MEA) and diethanoamine (DEA). Ethanolamine has wide area of end use industry applications included pharmaceuticals, chemical industry, and others. Ethanolamine is an important commercial chemical used to remove carbon dioxide and hydrogen sulfide from natural gas and other gases and to make other chemicals, including detergents, soaps, surfactants and corrosion inhibitors.
It is used in various dispersions and solutions. It is used as feedstock in the production of detergents, emulsifiers, polishes, pharmaceuticals, corrosion inhibitors, and chemical intermediates. The wide range of other application include, gas treating, cement, metalworking fluids, personal care products, pharmaceuticals, printing inks, textiles, herbicides, ethyleneamines, cleaners and fabric softeners.
The global ethanolamines market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global ethanolamines market is growing at a fast pace and increasing its geographical footprint rapidly. The global ethanolamines market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in APAC region due to expansion of end use industry. The major growth driver for ethanolamines market is the rising demand from construction, metal processing and agrochemical industry. Also, rising use of cosmetics and personal care products is expected to drive the ethanolamines market globally.
The raw material prices volatility is the major impediment to expansion of global ethanolamines market.
Ethanolamines enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of ethanolamines market globally. The companies that lead global ethanolamines market are, BASF SE, Alkyl Amines Chemicals Ltd, INVISTA Mitsubishi Gas Chemical Company, Huntsman International LLC, Dow, Akzo Nobel N.V., Diacel Chemical Industries Ltd., Sintez OKA LLC., INEOS, SINOPEC, TAMINCO, Brenntag, HELM AG, Lyondell Basell Industries N.V., Arak Petrochemical, Yinyan Specialty Chemicals Jiahua, Xian Lin Chemical, Maoming Petro Chemical Shihua and JLZX Chemical.
The research process includes the market segmentation of the global ethanolamines market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global ethanolamines market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: