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Diethanolamine Market worth $17.41 billion by 2030, growing at a CAGR of 4.82% - Exclusive Report by 360iResearch
Diethanolamine Market | 360iResearch
The Global Diethanolamine Market to grow from USD 12.51 billion in 2023 to USD 17.41 billion by 2030, at a CAGR of 4.82%.
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Diethanolamine (DEA) is a colorless, viscous, and organic compound with the formula HN(CH2CH2OH)2 that is miscible with water, alcohol, and benzene. Diethanolamine belongs to the group of ethanolamines, which are amines with one amino group attached to a hydroxyethyl group. DEA is produced by the reaction of ethylene oxide with aqueous ammonia, and it serves as a pivotal intermediate in the synthesis of a variety of chemical products. The diethanolamine (DEA) market is primarily driven by its vast applications across diverse industries, such as the manufacture of detergents, cosmetics, and pharmaceuticals. The rising demand for personal care products and detergents, particularly in emerging economies, significantly contributes to the growth of the DEA market. However, the environmental and health concerns related to the usage of diethanolamine hinder market growth. Despite these challenges, the development of biodegradable and less toxic DEA alternatives can cater to the growing consumer demand for eco-friendly products. Additionally, expanding applications in emerging technological hubs such as agrochemicals offer new opportunities for DEA manufacturers. The exploration into novel uses, such as in carbon capture and storage technologies, also presents a potentially lucrative market segment, leveraging DEA's gas absorption properties.
In the Americas, the diethanolamine market has been experiencing moderate growth, driven primarily by the United States. The demand in the U.S. is largely fueled by its extensive use in the production of detergents and personal care products. The region also shows promising growth potential, attributed to the expanding industrial and agricultural activities that demand the chemical for various applications. In the EMEA region, stringent environmental regulations by the European Union have led to the development of bio-based and eco-friendly alternatives, influencing the market dynamics significantly. The Middle East is expected to showcase substantial growth owing to its expanding petrochemical sector, whereas Africa's market is still in a nascent stage, with gradual growth anticipated in the forecast period. Asia-Pacific is anticipated to be the fastest-growing market, with China, India, and Japan being the primary contributors. The region's market is propelled by rapid industrialization, growth in manufacturing sectors, and increased demand for personal care and cleaning products.
Market Segmentation & Coverage:
This research report categorizes the Diethanolamine Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Grade, market is studied across Reagent Grade and Technical Grade. The Technical Grade is projected to witness significant market share during forecast period.
Based on Application, market is studied across Agriculture, Home Care, Personal Care & Cosmetics, and Pharmaceuticals. The Home Care is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.56% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Diethanolamine Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Diethanolamine Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Diethanolamine Market, highlighting leading vendors and their innovative profiles. These include Arihant Solvents and Chemicals, Ataman Kimya A.S., BASF SE, BeanTown Chemical, Inc., Carl Roth GmbH + Co. KG, F. Hoffmann-La Roche Ltd., HELM AG, Henan GP Chemicals Co.,Ltd., Loba Chemie Pvt. Ltd., Merck KGaA, Molekula Group, Nouryon Chemicals Holding B.V., Otto Chemie Pvt Ltd, Procurenet Limited, PTT Global Chemical Public Company Limited, Redox Ltd, Saudi Basic Industries Corporation, Spectrum Chemical Mfg. Corp., SUPRA SCIENCES, INC., The Dow Chemical Company, Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co., Ltd., Vizag Chemical International, VWR International, LLC by Avantor, Inc., and Zhengzhou Meiya Chemical Products Co.,Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Diethanolamine Market, by Grade
7. Diethanolamine Market, by Application
8. Americas Diethanolamine Market
9. Asia-Pacific Diethanolamine Market
10. Europe, Middle East & Africa Diethanolamine Market
11. Competitive Landscape
12. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Diethanolamine Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Diethanolamine Market?
3. What is the competitive strategic window for opportunities in the Diethanolamine Market?
4. What are the technology trends and regulatory frameworks in the Diethanolamine Market?
5. What is the market share of the leading vendors in the Diethanolamine Market?
6. What modes and strategic moves are considered suitable for entering the Diethanolamine Market?
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