Press release
Ethanolamine Market Global and Regional Forecasts to 2027 led by Chevron Corporation, Clariant, Exxon Mobil Corporation, INEOS, Johnson Matthey, The Dow Chemical Company
Ethanolamines are ammonia compounds which are used as feedstock in the production of polishes, detergents, pharmaceuticals, and chemical intermediates. They are present in many consumer and household cleaning products such as shampoos, sunscreens, and make-up bases. Ethanolamines are industrially used as an absorbent for gas treatment, as emulsifiers or foaming agents in cleaning products and as corrosion inhibitors.Ethanolamine Market to 2027 - Global Analysis and Forecasts by Product (Monoethanolamine, Diethanolamine, and Triethanolamine); Application (Cleaning, Gas Treatment, Water Treatment, Cosmetics, Lubricants, and Others); End-User (Polyurethane, Personal Care, Chemical, Agrochemical, Rubber, Oil & Petrochemical, and Others)
Instability in the prices of the raw material restricts market growth. The ethanolamine market is likely to showcase opportunities for major market players owing to the rising demands of monoethanolamine (MEA) and diethanolamine (DEA) as gas sweetening agents. The ethanolamine market is anticipated to grow in the forecast period owing to driving factors such as growing demand from cosmetics, herbicides, personal care, agrochemical, and other end-user industries. Promising growth of the surfactant industry is another major driver for this market.
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The "Global Ethanolamine Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ethanolamine market with detailed market segmentation by product, application, end user and geography. The global ethanolamine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ethanolamine market players and offers key trends and opportunities in the market.
The reports cover key developments in the ethanolamine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from ethanolamine market are anticipated to lucrative growth opportunities in the future with the rising demand for ethanolamine in the global market. Below mentioned is the list of few companies engaged in the ethanolamine market.
The report also includes the profiles of key ethanolamine companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Akzo Nobel N.V.
-BASF SE
-China Petroleum & Chemical Corporation (Sinopec)
-Daicel Corporation
-Eastman Chemical Company
-Huntsman International LLC
-INEOS
-Koch Industries
-Mitsubishi Gas Chemical Company, Inc.
-The Dow Chemical Company
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The global ethanolamine market is segmented by product, application and end user. Based on product, the market is segmented as monoethanolamine, diethanolamine, and triethanolamine. On the basis of the application, the market is segmented as cleaning, gas treatment, water treatment, cosmetics, lubricants, and others. The market on the basis of the end user the market is classified as polyurethane, personal care, chemical, agrochemical, rubber, oil & petrochemical, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ethanolamine market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ethanolamine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting ethanolamine market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the ethanolamine market in these regions.
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