Ethanolamines Market Analysis - Industry Forecast 2024 | AkzoNobel, BASF, Huntsman Corporation, INEOS, LyondellBasell, SABIC, The Dow Chemical Company
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TEA are used as intermediates in surface active agents, bathroom products, cement additives, cutting oils, photographic film developing, corrosion inhibitors, as dispersant for dyes, shellac, rubber latex and casein; and also as sequestering agents. With a wide range of applications, these products have exhibited tremendous demand and are likely to maintain a significant ethanolamines market share over the next decade.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
3. China Petroleum & Chemical Co., Ltd.
4. Huntsman Corporation
8. Sintez OKA LLC
9. The Dow Chemical Company
10. Thai Ethanolamines Co. Ltd.
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Agrochemicals, surfactants, natural gas, cement processing and chemical intermediates are the major driving application segments. Herbicides and surfactants generated approximately USD 1.5 billion in global revenue and are likely to be the major application segments for the ethanolamine market size in the coming years.
Diethanolamines and triethanolamines are likely to show relatively rapid growth in the ethanolamines product market and accounted for over 70% of the total ethanolamines demand by product in 2015.
• Ethanolamines Product Analysis (Volume, Kilo Tons & Revenue, USD Million; 2013 - 2024)
• Ethanolamines Application Analysis (Volume, Kilo Tons & Revenue, USD Million; 2013 - 2024)
• Chemical Intermediates
• Gas Treatment
Browse key industry insights spread across 100 pages with 148 market data tables & 14 figures & charts from the report, “Ethanolamines Market” in detail along with the table of contents:
U.S. ethanolamines market size will surpass USD 800 million by 2024, and represents the majority of North America revenue generation.
Asia Pacific market share will grow to over 40% by 2014 and will be driven by demand from China, India, ASEAN and many agricultural sectors in the region.
The Dow Chemical Company, SABIC, INEOS Group Ltd., LyondellBasell Industries Holdings B.V., Huntsman Corporation, China Petroleum & Chemical Corporation and BASF-YPC Company Limited are some of the major companies operating in the industry. Growth strategies center around product diversification and penetration into new or untapped applications in order to reach a wider customer base and to ensure considerable portfolio.
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Ethanolamines are colorless, viscous organic compound with molecular formula HOCH2CH2NH2. These are used as a feedstock in the manufacture of Monoethanolamines (MEA), Diethanolamines (DEA) and Triethanolamines (TEA), which finds wide application in the production of emulsifiers, detergents, polishes, chemical intermediates, corrosion inhibitors and pharmaceuticals. On the basis of application, the global ethanolamine market can be segmented as surfactants, herbicides, chemicals intermediates, textiles, gas treatments, gas treatment and metal treatment. Herbicides segment
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Ethanolamines – Insights Ethanolamines are colorless, viscous organic compound with molecular formula HOCH2CH2NH2. These are used as a feedstock in the manufacture of Monoethanolamines (MEA), Diethanolamines (DEA) and Triethanolamines (TEA), which finds wide application in the production of emulsifiers, detergents, polishes, chemical intermediates, corrosion inhibitors and pharmaceuticals. On the basis of application, the global ethanolamine market can be segmented as surfactants, herbicides, chemicals intermediates, textiles, gas treatments, gas treatment and metal treatment.
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Ethanolamines are organic amino alcohol manufactured by the reaction between ethylene oxide and ammonia. Three types of ethanolamines are produced commercially – monoethanolamines (MEA), diethanolamines (DEA), and triethanolamines (TEA). Production of MEA, DEA, and TEA depends on the number of ethylene oxide molecules reacting with single molecule of ammonia. Chemical properties of ethanolamines combine properties of both amines and alcohols. Thus, the versatile chemical features of ethanolamines enable its usage
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