openPR Logo
Press release

Ethanolamines Market, worth USD 3.52 Billion in 2023, is expected to grow to USD 4.35 Billion. by 2030, with a 3.07 Percentage CAGR

๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The ๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 3.52 Billion in 2023 and the total Ethanolamines Market revenue is expected to grow at a CAGR of 3.07% from 2024 to 2030, reaching nearly USD 4.35 Billion.

๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The ethanolamines market is witnessing steady growth driven by their versatile applications across various industries, including personal care, agriculture, pharmaceuticals, and chemical manufacturing. Ethanolamines, comprising monoethanolamine (MEA), diethanolamine (DEA), and triethanolamine (TEA), serve as key intermediates in the production of detergents, emulsifiers, corrosion inhibitors, and gas treatment solutions. The market's expansion is fueled by increasing demand for agrochemicals and surfactants, alongside the growing need for gas sweetening and treatment in industrial applications. With their unique properties, ethanolamines continue to play a vital role in addressing diverse industrial and consumer needs globally.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ :https://www.maximizemarketresearch.com/request-sample/15442/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The growth of the ethanolamines market is propelled by rising demand for agrochemicals, driven by the need to enhance agricultural productivity to meet global food requirements. Additionally, their application in gas treatment processes, particularly in the oil and gas industry for carbon dioxide and hydrogen sulfide removal, has significantly boosted market demand. Increasing urbanization and industrialization are also driving the demand for surfactants and personal care products, where ethanolamines are used as emulsifiers and pH adjusters. Furthermore, expanding pharmaceutical applications and the growing emphasis on energy-efficient construction materials are supporting the market's upward trajectory.

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž

Vietnam's agricultural industry has been a key driver of ethanolamines demand, particularly for herbicides and pesticides. Local companies are investing heavily in research and development. For instance, PetroVietnam Fertilizer and Chemicals Corporation recently announced plans to expand its product line to include ethanolamines-based formulations.

๐“๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐œ๐š๐ง ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/15442/

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ

The personal care market in Thailand has witnessed significant growth, creating demand for ethanolamines used in the production of emulsifiers and surfactants. PTT Global Chemical recently entered a joint venture with a leading European firm to establish a production facility for ethanolamines, aiming to cater to the growing regional demand.

๐‰๐š๐ฉ๐š๐ง: ๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐’๐ž๐œ๐ญ๐จ๐ซ

Japan's construction sector has adopted ethanolamines for concrete additives, offering improved durability. Mitsubishi Chemical Corporation has introduced innovative ethanolamines products tailored to this industry, contributing to market expansion.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

South Korea has seen significant consolidation in its chemical sector, with LG Chem acquiring a stake in a local ethanolamines producer to streamline its supply chain. This acquisition aligns with the country's growing focus on self-sufficiency in raw material production.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐†๐ซ๐ž๐ž๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ

Singapore is integrating ethanolamines into green energy projects, particularly for carbon capture applications. Companies like Keppel Corporation are at the forefront, exploring new ethanolamines-based technologies to reduce carbon emissions.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ

The US remains a dominant player in the global ethanolamines market due to its robust industrial applications. Major players such as Dow Chemical Company have announced plans to expand production facilities to meet the rising domestic and international demand.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ฅ๐ž ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ

Europe's ethanolamines market is being driven by sustainability goals, particularly in the manufacturing of biodegradable detergents. BASF SE recently launched a new line of eco-friendly products using ethanolamines, reinforcing its commitment to green initiatives.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐๐€๐’๐… ๐’๐„ launched an eco-friendly ethanolamines product line for industrial and consumer applications.

๐ƒ๐จ๐ฐ ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ Company announced a USD 150 million investment in ethanolamines production facilities in Texas.

๐Œ๐ข๐ญ๐ฌ๐ฎ๐›๐ข๐ฌ๐ก๐ข ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง entered a strategic partnership to develop advanced ethanolamines for Japan's construction sector.

๐‹๐† ๐‚๐ก๐ž๐ฆ finalized the acquisition of a South Korean ethanolamines manufacturer to enhance its production capacity.

๐Š๐ž๐ฉ๐ฉ๐ž๐ฅ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง partnered with an Australian firm to research ethanolamines applications in carbon capture.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ฎ๐ฅ๐ฅ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/15442/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Product Type

Monoethanolamine
Diethanolamine
Triethanolamine

by Application

Surfactants
Chemical Intermediates
Herbicides
Gas Treatment
Others

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-ethanolamines-market/15442/

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐„๐ญ๐ก๐š๐ง๐จ๐ฅ๐š๐ฆ๐ข๐ง๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

Ethanolamines Producers in North America
DowDuPont (US)
Huntsman Corporation (US)
Celanese Corporation (US)
LyondellBasell (Netherlands/US)
Invista (US)

Ethanolamines Producers Europe
BASF SE (Germany)
Thai Ethanolamines Co. Ltd. (Thailand)
Sintez OKA (Russia)

Ethanolamines Producers Asia Pacific
Fushun Beifang Chemical Co. Ltd. (China)
China Petroleum & Chemical Corporation (China)
Sinopec Shanghai GaoQiao Petrochemical Corporation (China)
Shijiazhuang Haisen Chemical Co. Ltd. (China)
Jiaxing Jinyan Chemical Co. Ltd. (China)
Daicel Chemical Industries Ltd. (Japan)
Amines & Plasticizers Ltd. (India)
BALAJI AMINES (India)
Reliance Industries Limited (India)

Ethanolamines Producers Middle East & Africa
SABIC (Saudi Arabia)

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก :

โ™ฆ Dog Clothing and Accessories Market https://www.maximizemarketresearch.com/market-report/dog-clothing-and-accessories-market/190792/

โ™ฆ Shampoo Bar Market https://www.maximizemarketresearch.com/market-report/shampoo-bar-market/191154/

โ™ฆ Ferroelectric Materials Market https://www.maximizemarketresearch.com/market-report/ferroelectric-materials-market/191360/

โ™ฆ Window Coverings Market https://www.maximizemarketresearch.com/market-report/window-coverings-market/198949/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients ly. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ethanolamines Market, worth USD 3.52 Billion in 2023, is expected to grow to USD 4.35 Billion. by 2030, with a 3.07 Percentage CAGR here

News-ID: 3806789 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Smart Monitoring Ushering in Next-Gen Mobility Solutions
GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Sma โ€ฆ
GPS Tracking Device Market size was valued at USD 3.50 Billion in 2024 and the total GPS Tracking Device revenue is expected to grow at a CAGR of 13.1% from 2025 to 2032, reaching nearly USD 9.38 Billion. GPS Tracking Device Market Overview: The GPS tracking device market is entering a dynamic growth phase, propelled by mounting demand in logistics, automotive, personal safety, and healthcare industries. Innovations such as IoT integration, telematics,โ€ฆ
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2025-2032
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2 โ€ฆ
The Iron and Steel Slag Market size was valued at USD 25.81 Billion in 2024 and the total Iron and Steel Slag revenue is expected to grow at a CAGR of 1.5% from 2025 to 2032, reaching nearly USD 29.08 Billion. Iron and Steel Slag Market Overview: Iron and steel slag, a byproduct of metal smelting, is emerging as a linchpin in modern industrial ecosystems. Far from being waste, this versatile materialโ€ฆ
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% from 2024 to 2032
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% โ€ฆ
The Shooting Ranges Market size was valued at USD 1.40 Billion in 2024 and the total Shooting Ranges revenue is expected to grow at a CAGR of 7.85% from 2025 to 2032, reaching nearly USD 2.57 Billion. Shooting Ranges Market Overview: Shooting ranges serve as specialized facilities-both indoor and outdoor-where firearms and archery training, recreational shooting, and competitive events take place in controlled, safe environments. These venues support a wide spectrum ofโ€ฆ
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone Revolution at a CAGR of 13.95% from 2025 to 2032
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone R โ€ฆ
The Fuel Cell UAV Market size was valued at USD 1661.38 Million in 2024 and the total Fuel Cell UAV revenue is expected to grow at a CAGR of 13.95% from 2025 to 2032, reaching nearly USD 4722.62 Million. Fuel Cell UAV Market Overview: Fuel-cell-powered unmanned aerial vehicles (UAVs) are swiftly redefining the drone landscape with their promise of prolonged flight times and greener operations. Leading aerospace innovators and emerging startups alikeโ€ฆ

All 5 Releases


More Releases for Chem

Global Hydrogen Peroxide Market 2019-2024 By Key Companies Solvay ,Evonik ,Perox โ€ฆ
The research study on Global Hydrogen Peroxide Market organizes the overall perspective of the Hydrogen Peroxide industry. Thisย incorporates upcoming flow of the Hydrogen Peroxide market together with an extensive analysis of recent industry statistics. It describes the Hydrogen Peroxide market size as well as factors controlling market growth. Likewise, the report explains various challenges which affect Hydrogen Peroxide market expansion. The report reviews economic prominence of the Hydrogen Peroxide industryโ€ฆ
Global Dimethyl Oxalate Market By Top Players Qiyuan Chem, Youlian Chem, Vertell โ€ฆ
The Dimethyl Oxalate market revenue was xx.xx Million USD in 2013, grew to xx.xx Million USD in 2017, and will reach xx.xx Million USD in 2023, with a CAGR of x.x% during 2018-2023. Based on the Dimethyl Oxalate industrial chain, this report mainly elaborate the definition, types, applications and major players of Dimethyl Oxalate market in details. Deepโ€ฆ
Global Hydrogen Peroxide (CAS 7722-84-1) Market Insights, Forecast to 2025| Pero โ€ฆ
Researchmoz added Most up-to-date research on "Global Hydrogen Peroxide (CAS 7722-84-1) Market Insights, Forecast to 2025" to its huge collection of research reports. This report researches the worldwide Hydrogen Peroxide (CAS 7722-84-1) market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Hydrogen Peroxide (CAS 7722-84-1) breakdown data by manufacturers, region, type and application, also analyzesโ€ฆ
hydrogen peroxide Market Report 2018 Companies included Solvay, Evonik, Arkema, โ€ฆ
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com ********* This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also providesโ€ฆ
Global Trimethyl Acetaldehyde Market 2017 Top Manufacturers - Jusheng Tech, Liye โ€ฆ
To begin with, the report defines the Trimethyl Acetaldehyde market and segments it based on the most important dynamics, such as applications, geographical/regional markets, and competitive scenario. Macroeconomic and microeconomic factors environments that currently prevail and also those that are projected to emerge are covered in this report. Download Free Sample Report @ https://www.fiormarkets.com/report-detail/62238/request-sample Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share andโ€ฆ
Allantoin Market 2017- Ashland, Akema, Clariant, Rita Corp, Jinyuan Lide Chem, S โ€ฆ
Apex Research, recently published a detailed market research study focused on the " Allantoin Market" across the global, regional and country level. The report provides 360ยฐ analysis of " Allantoin Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Allantoin industry, and estimates theโ€ฆ