Press release
Ethanolamines Market Impressive Gains including Worldwide key players like Akzo Nobel, BASF-YPC Company Limited, China Petroleum & Chemical Corporation, Huntsman Corporation
This report provides in depth study of “Ethanolamines Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Ethanolamines Market report also provides an in-depth survey of key players in the market organization.Global Ethanolamines Market Overview:
According to Market Analyst, Global Ethanolamines Market is projected to grow at a healthy growth rate from 2018 to 2022.
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With the slowdown in world economic growth, the Ethanolamines industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Ethanolamines market size to maintain the average annual growth rate of 4.13% from 2690 million $ in 2014 to 3037 million $ in 2017, According to Market Analyst in the next few years, Ethanolamines market size will be further expanded by 2022, The market size of the Ethanolamines will reach 3698 million $.
Ethanolamines are corrosive, colorless, flammable, and viscous liquids that are produced by the reaction of ethylene oxide and ammonia. It is required in various industries for applications such as cement grinding, gas treatment, pharmaceuticals, agricultural, and personal care products.
The increasing production of eco-friendly ETAs backed by R&D activities is one of the key trends contributing towards the ethanolamines market. Vendors in this market are constantly focusing on developing eco-friendly ETA products. The vendors are investing heavily on R&D activities to aid the production of eco-friendly and innovative ETA products.
On the Basis of Product Type, Diethanolamines segment accounted for the major shares of the ethanolamines market. The growing demand of Diethanolamines is contributed by its potential to act as a corrosion inhibitor and surfactant. Diethanolamines also find its application in eliminating carbon dioxide and hydrogen sulfide from natural gas.
Regionally, Asia Pacific and North America accounted for a share in the ethanolamines market, boosted by the increasing demand for ethanolamines in surfactants and herbicides applications.
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The Market is segmented and projected on the basis of major key player’s:
1 Akzo Nobel N.V.
2 BASF-YPC Company Limited
3 China Petroleum & Chemical Corporation
4 Huntsman Corporation
5 INEOS Group Ltd.
6 Jiaxing Jinyan Chemical Co. Ltd.
7 LyondellBasell Industries N.V.
8 SABIC
The Market is segmented and projected on the basis of major Region Segmentation
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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The Market is segmented and projected on the basis of Product Type Segmentation
1 Monoethanolamines (MEA)
2 Diethanolamines (DEA)
3 Triethanolamines (TEA)
The Market is segmented and projected on the basis of Industry Segmentation
1 Surfactants
2 Chemical Intermediates
3 Herbicides
4 Gas Treatment
5 Cement
Key Questions Answered in this Report:
1 What will the market size be in 2022?
2 What are the key factors driving the Ethanolamines Market?
3 What are the challenges to market growth?
4 Who are the key players in Ethanolamines Market?
5 What are the market opportunities and threats faced by the key players?
TABLE OF CONTENTS
1 Ethanolamines Product Definition
2 Global Ethanolamines Market Manufacturer Share and Market Overview
3 Manufacturer Ethanolamines Business Introduction
4 Global Ethanolamines Market Segmentation (Region Level)
5 Global Ethanolamines Market Segmentation (Product Type Level)
6 Global Ethanolamines Market Segmentation (Industry Level)
7 Global Ethanolamines Market Segmentation (Channel Level)
8 Ethanolamines Market Forecast 2018-2022
9 Ethanolamines Segmentation Product Type
10 Ethanolamines Segmentation Industry
11 Ethanolamines Cost of Production Analysis
12 Conclusion
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