- Gas treatment
- Metal cleaning
- Wood preservatives
- Personal care
- Detergents
- Textile
- Herbicides
- Industry
- Agrochemicals
- Detergent
- Agrochemicals
- Others
Ethanolamines Market size valued USD 2832 billion in 2020 and expected to reach USD 4313 million by 2027, at a CAGR of 6.4% during the forecast period 2021-2027. Ethanolamines are a toxic, flammable, colorless, viscous liquid, and corrosive material, which is applied in numerous dispersions and solutions. Rising demand across the globe from end-use industries such as textile, detergent, herbicides, and detergents are expected to propel the growth of ethanolamine market during the forecast period. It is extensively used as feedstock for the production of pharmaceuticals, detergents, and polishes. Robust economic growth coupled with rapid industrialization in emerging economies of Asia Pacific such as China and India are the key driving factors for market growth in the coming years. However, volatility in the prices of raw materials, restraints the growth of market. This report studies global ethanolamine industry market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global ethanolamines market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global ethanolamines market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
Study Period
Base Year
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Largest Market
Fastest Growing Market
Ethanolamines market finds a wide range of application in various segments such as gas treatment, metal cleaning, wood preservatives, personal care, detergents, textile, herbicides, industry, agrochemicals, detergents, agrochemicals, others. Herbicides is the largest segment and is expected to propel the market for ethanolamine during the forecast period. Detergents, personal care and metal cleaning are the other segments which positively contributes towards the growth of market. Construction compounds, erosion inhibitors for metal protection are other major application of ethanolamine. Moreover, a wide range of ethanolamine compound is used in the production of surfactants, which is further projected to augment the global market.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.