Los Angeles, CA -- (SBWire) -- 03/22/2019 --This study focuses on the production side and consumption side of Ethanolamine, presents the global Ethanolamine market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Ethanolamine capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Ethanolamine by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Ethanolamine is a multifunctional family of amino alcohols favored for a diverse range of applications. They are produced commercially by reacting ethylene oxide with ammonia. They are hygroscopic and miscible with water, most alcohols, and polyols. As alkalines, they react with acids to form esters or salts. Their versatile properties qualify them for industrial use as absorbents for gas treating; as emulsifiers in cleaning products; and as a corrosion inhibitor.
Ethanolamine has three types, such as monoethanolamine (MEA), diethanolamine (DEA) and triethanolamine (TEA). Different products have different applications. After all, ethanolamine is mainly applied in surfactant in personal care, agrochemical production, gas treatment, construction and wood Preservation etc. During all applications, ethanolamine consumed in surfactant in personal care is the largest, with a consumption share of 31.88% in 2016. While in construction field, isopropanolamine is a substitution of triethanolamine.
During all regions, global ethanolamine is mainly concentrated in North America, Europe, China and Asia (Ex China). In 2016, North America produced 647 K MT ethanolamine, with a production share of 34.11%. Europe and China separately produced 511 K MT and 396 K MT in 2016. It seems that China market still has a great potential even though China manufacturers had expanded their capacity during past few years.
Global ethanolamine is consumed in North America, Europe, China and Asia (Ex China). In 2016, North America consumed about 28.85% of global total amount. Europe and China separately consumed 394 and 549 K MT. Global consumption had also increased from 1811 K MT in 2012 to1919 K MT in 2017, with an average increase rate of 1.17%.
The Ethanolamine market was valued at 2460 Million US$ in 2017 and is projected to reach 4010 Million US$ by 2025, at a CAGR of 6.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Ethanolamine.
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This report includes the following manufacturers; we can also add the other companies as you want.
DOW
BASF
Ineos Oxides
Huntsman
Akzo Nobel
Nippon Shokubai
Mitsui Chemicals
KPX Green
Arak Petrochemical Company
OUCC
Yinyan Specialty Chemicals
Jiahua
Xian Lin Chemical
Maoming Petro?Chemical Shihua
JLZX Chemical
Market Segment by Product Type
Monoethanolamine (MEA)
Diethanolamine (DEA)
Triethanolamine (TEA)
Market Segment by Application
Surfactant in Personal Care
Agrochemical Production
Gas Treatment
Global Market by Region
North America
Asia-Pacific
Europe
Central and South America
Middle East & Africa
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Ethanolamine Market Bound to Grow at a Significant CAGR for the Assessment Period 2019-2025
Ethanolamine Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.