Press release
Ethanolamines Market to grow at a CAGR of 4.1% between 2016 and 2024.
“Ethanolamines Market will likely surpass USD 3.9 billion by 2024 according to this new research report.”
High growth in surfactants industry will also augment the ethanolamines market. Surfactants are increasingly used in detergents & cleaners, cosmetics, lubricants, etc. Rapid industrial development all around the globe has increased the demand for industrial detergents and cleaners. Stringent regulations relating to workplace and industrial cleanliness has also increased demand for surfactants needed in cleaners. Higher disposable income and willingness to spend on personal grooming has resulted in increased growth in cosmetics and personal care products sector. Revenue generated by the global cosmetics manufacturing industry was more than USD 250 billion in 2015 and is anticipated to cross USD 350 billion by 2024. This will increase the demand for surfactants in cosmetic products and will boost the global ethanolamines market during the forecast years.
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Ethanolamines market may face challenges in the future due to the possible harmful effects of the compound on human health. Studies have linked the compound with liver tumors and the European Union banned the use of DEA in cosmetic products due to its carcinogenic nature. There is a possibility of safer compounds to substitute the product in the future and ultimately hinder the industry growth.
Monoethanolamines (MEA), diethanolamines (DEA) and triethanolamines (TEA) are the three product segments in the global ethanolamines market. Diethanolamines will be the fastest growing segment with 4% CAGR during the forecast years. In 2015, the market value of this segment was around USD 1 billion. Triethanolamines had the largest share of the overall ethnolamines market in 2015 and is anticipated to grow at a favorable rate till 2024.
Global ethanolamines market is segmented into six application categories including surfactants, chemical intermediaries, herbicides, gas treatment, cement and others. Surfactants was the most prominent application segment in 2015, accounting for more than a quarter of the overall revenue. High demand for industrial cleaners will augment the growth of this segment. Herbicide and chemical intermediary segments are anticipated to grow at a healthy rate till 2024 due to high growth in chemical industries sector and increasing demand for agrochemicals. These two segments together occupied more than two fifth of the overall ethanolamines market.
Browse key industry insights from the report, “Ethanolamines Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/ethanolamines-market
North America ethanolamines market is led by the U.S. which occupied more than 85% of the regions revenue whereas Europe will likely experience a dip due to banning of diethanolamines in cosmetics. The most lucrative regions for the ethanolamines market are Asia Pacific and Middle East & Africa.These two regions will witness favorable growth within the forecast years and will chiefly drive the overall industry.
Key participants in the ethanolamines market are The Dow Chemical Company, Huntsman Corporation, SABIC, China Chemical & Petroleum Corporation, LyondellBasell Industries, Sintez OKA, BASF-YPC Company, INEOS Group, and others. Market players are trying to gain an advantage over their rivals by R&D investments and product & capacity expansions.
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Ethanolamines market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:
Aluminum Alloys Market by product
o Monoethanolamines (MEA)
o Diethanolamines (DEA)
o Triethanolamines (TEA)
Aluminum Alloys Market by Application
o Surfactants
o Chemical intermediaries
o Herbicides
o Gas treatment
o Cement
o Others
The above information is provided on a regional and country basis for the following:
o North America
§ U.S.
§ Canada
o Europe
§ Germany
§ UK
§ France
§ Spain
§ Italy
o Asia Pacific
§ China
§ India
§ Japan
§ Australia
§ Indonesia
§ Malaysia
o Latin America
§ Brazil
§ Mexico
o MEA
§ South Africa
§ GCC
Report Content
Chapter 6 Ethanolamines Regional Insights
6.1 Ethanolamines market share by region, 2015 & 2024
6.2 North America
6.2.1 North America market estimates and forecast, 2013 - 2024
6.2.2 North America market estimates by product, 2013 - 2024
6.2.3 North America market estimates by application, 2013 - 2024
6.2.4 U.S.
6.2.4.1 U.S market estimates and forecast, 2013 - 2024
6.2.4.2 U.S. market estimates by product, 2013 - 2024
6.2.4.3 U.S. market estimates by application, 2013 - 2024
6.2.5 Canada
6.2.5.1 Canada market estimates and forecast, 2013 - 2024
6.2.5.2 Canada market estimates by product, 2013 - 2024
6.2.5.3 Canada market estimates by application, 2013 - 2024
6.3 Europe
6.3.1 Europe market estimates and forecast, 2013 - 2024
6.3.2 Europe market estimates by product, 2013 - 2024
6.3.3 Europe market estimates by application, 2013 - 2024
6.3.4 Germany
6.3.4.1 Germany market estimates and forecast, 2013 - 2024
6.3.4.2 Germany market estimates by product, 2013 - 2024
6.3.4.3 Germany market estimates by application, 2013 - 2024
6.3.5 UK
6.3.5.1 UK market estimates and forecast, 2013 - 2024
6.3.5.2 UK market estimates by product, 2013 - 2024
6.3.5.3 UK market estimates by application, 2013 – 2024
6.3.6 France
6.3.6.1 France market estimates and forecast, 2013 - 2024
6.3.6.2 France market estimates by product, 2013 - 2024
6.3.6.3 France market estimates by application, 2013 - 2024
6.3.7 Spain
6.3.7.1 Spain market estimates and forecast, 2013 - 2024
6.3.7.2 Spain market estimates by product, 2013 - 2024
6.3.7.3 Spain market estimates by application, 2013 - 2024
6.3.8 Italy
6.3.8.1 Italy market estimates and forecast, 2013 - 2024
6.3.8.2 Italy market estimates by product, 2013 - 2024
6.3.8.3 Italy market estimates by application, 2013 - 2024
6.4 Asia Pacific
6.4.1 Asia Pacific market estimates and forecast, 2013 - 2024
6.4.2 Asia Pacific market estimates by product, 2013 - 2024
6.4.3 Asia Pacific market estimates by application, 2013 - 2024
6.4.4 China
6.4.4.1 China market estimates and forecast, 2013 - 2024
6.4.4.2 China market estimates by product, 2013 - 2024
6.4.4.3 China market estimates by application, 2013 - 2024
6.4.5 India
6.4.5.1 India market estimates and forecast, 2013 - 2024
6.4.5.2 India market estimates by product, 2013 - 2024
6.4.5.3 India market estimates by application, 2013 - 2024
6.4.6 Japan
6.4.6.1 Japan market estimates and forecast, 2013 - 2024
6.4.6.2 Japan market estimates by product, 2013 - 2024
6.4.6.3 Japan market estimates by application, 2013 - 2024
6.4.7 Australia
6.4.7.1 Australia market estimates and forecast, 2013 - 2024
6.4.7.2 Australia market estimates by product, 2013 - 2024
6.4.7.3 Australia market estimates by application, 2013 – 2024
6.4.8 Indonesia
6.4.8.1 Indonesia market estimates and forecast, 2013 - 2024
6.4.8.2 Indonesia market estimates by product, 2013 - 2024
6.4.8.3 Indonesia market estimates by application, 2013 – 2024
6.4.9 Malaysia
6.4.9.1 Malaysia market estimates and forecast, 2013 - 2024
6.4.9.2 Malaysia market estimates by product, 2013 - 2024
6.4.9.3 Malaysia market estimates by application, 2013 - 2024
6.5 Latin America
6.5.1 Latin America market estimates and forecast, 2013 - 2024
6.5.2 Latin America market estimates by product, 2013 - 2024
6.5.3 Latin America market estimates by application, 2013 - 2024
6.5.4 Brazil
6.5.4.1 Brazil market estimates and forecast, 2013 - 2024
6.5.4.2 Brazil market estimates by product, 2013 - 2024
6.5.4.3 Brazil market estimates by application, 2013 - 2024
6.5.5 Mexico
6.5.5.1 Mexico market estimates and forecast, 2013 - 2024
6.5.5.2 Mexico market estimates by product, 2013 - 2024
6.5.5.3 Mexico market estimates by application, 2013 - 2024
6.6 MEA
6.6.1 MEA market estimates and forecast, 2013 - 2024
6.6.2 MEA market estimates by product, 2013 - 2024
6.6.3 MEA market estimates by application, 2013 – 2024
6.3.4 South Africa
6.3.4.1 South Africa market estimates and forecast, 2013 - 2024
6.3.4.2 South Africa market estimates by product, 2013 - 2024
6.3.4.3 South Africa market estimates by application, 2013 - 2024
6.3.5 GCC
6.3.5.1 GCC market estimates and forecast, 2013 - 2024
6.3.5.2 GCC market estimates by product, 2013 - 2024
6.3.5.3 GCC market estimates by application, 2013 - 2024
Chapter 7 Company Profiles
7.1 Akzo Nobel N.V.
7.1.1 Business Overview
7.1.2 Financial Data
7.1.3 Product Landscape
7.1.4 Strategic Outlook
7.2 BASF-YPC Company Limited
7.2.1 Business Overview
7.2.2 Financial Data
7.2.3 Product Landscape
7.2.4 Strategic Outlook
7.3 China Petroleum & Chemical Corporation
7.3.1 Business Overview
7.3.2 Financial Data
7.3.3 Product Landscape
7.4 Huntsman Corporation
7.4.1 Business Overview
7.4.2 Financial Data
7.4.3 Product Landscape
7.4.4 Strategic Outlook
7.5 INEOS Group
7.5.1 Business Overview
7.5.2 Financial Data
7.5.3 Product Landscape
7.5.4 Strategic Outlook
7.6 LyondellBasell Industries N.V.
7.6.1 Business Overview
7.6.2 Financial Data
7.6.3 Product Landscape
7.6.4 Strategic Outlook
7.7 SABIC
7.7.1 Business Overview
7.7.2 Financial Data
7.7.3 Product Landscape
7.7.4 Strategic Outlook
7.8 Sintez OKA LLC
7.8.1 Business Overview
7.8.2 Financial Data
7.8.3 Product Landscape
7.8.4 Strategic Outlook
7.9 The Dow Chemical Company
7.9.1 Business Overview
7.9.2 Financial Data
7.9.3 Product Landscape
7.9.4 Strategic Outlook
7.10 Thai Ethanolamines Co. Ltd.
7.10.1 Business Overview
7.10.2 Financial Data
7.10.3 Product Landscape
7.10.4 Strategic Outlook
Browse full Table of Content @ https://www.gminsights.com/toc/detail/ethanolamines-market
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