Methyl Diethanolamine Market Top Key Players Eastman Chemical Company, Amines & Plasticizers Ltd. and BASF SE

Global Methyl Diethanolamine Overview:

Methyl diethanolamine also known as N-Methyldiethanolamine, or MDEA, is an organic chemical used primarily for the treatment of amine gas or gas softening. It is a pale yellow liquid, sometimes also available in a colorless form. The product is available in liquid form at room temperature with an ammonium odor and is miscible with water, alcohol and benzene.

Methyl diethanolamine is produced by ethoxylation of methylamine with ethylene oxide or by hydroxymethylation of diethanolamine, followed by hydrogenolysis. N-Methyldiethanolamine is not a product consumed primarily by the amino group, however, the demand for N-methyl diethanolamine is high in specific applications. N-Methyldiethanolamine is mainly consumed in the production of natural gas and processing applications in the oil and gas industry. N-Methyl diethanolamine is an amine used primarily for gas treatment applications due to its low vapor pressure, which allows for high amine content compositions without appreciable losses through the absorbent and regenerator.

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Global Methyl Diethanolamine Drivers and Restraints:

Methyl diethanolamine is used as an intermediate in the synthesis of many products. Its unique chemical composition has been applied in many areas, including coatings, textile lubricants, polishes, detergents, pesticides and personal care products. It is observed that the product has a low toxicity and does not cause significant side effects in humans. However, it has been observed that prolonged exposure causes severe irritation of the eyes and skin. In industrial environments, methyl diethanolamine is manufactured and handled primarily in closed processes, which limits its exposure. Methyl diethanolamine has been included in the following regulatory bodies; AICS, IECSC, ECHA, EPA and NFPA. Currently, many side effects or toxic effects of N-methyldiethanolamine have not been reported, however, it is likely to be limited or prohibited in the future if negative health problems are detected.

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Geographic Segmentation:

On the basis of geography, Global Methyl Diethanolamine (MDEA) Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. Asia-Pacific is an important part of the global market for methyl diethanolamine. It has been a significant part of the global market in 2016. The Asia-Pacific market is expected to grow rapidly over the forecast period due to increased demand for methyl diethanolamine in various applications in the region. China and India are the main importers of MDEA worldwide.

The expansion of industries such as paints and coatings, textiles, and oil and gas in Asia-Pacific is one of the main reasons for the strong demand. In Europe, the market is expected to grow slowly over the forecast period due to the presence of developed countries such as Italy, the United Kingdom and Spain. The USA is one of the main consumers of methyl diethanolamine in the world. The market in the country is in high demand due to the expansion of the oil and gas industry. The Middle East, Africa and Latin America had a smaller share of the global methyl diethanolamine market in 2016. It is estimated that the market in these regions will grow slowly over the forecast period.

Key Players in Global Methyl Diethanolamine (MDEA) Market:

Key players in the world market include The Dow Chemical Company, Eastman Chemical Company, Amines & Plasticizers Ltd. and BASF SE, among others.

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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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