Ethanolamines Market Growth, Trends, Demand and Forecasts To 2023 Ethanolamines Market

Ethanolamines Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 – 2024
Ethanolamines are organic amino alcohol manufactured by the reaction between ethylene oxide and
ammonia. Three types of ethanolamines are produced commercially – monoethanolamines (MEA),
diethanolamines (DEA), and triethanolamines (TEA). Production of MEA, DEA, and TEA depends on the
number of ethylene oxide molecules reacting with single molecule of ammonia. Chemical properties of
ethanolamines combine properties of both amines and alcohols. Thus, the versatile chemical features of
ethanolamines enable its usage in applications such as surfactants, chemical intermediates, herbicides,
gas treatment, and cement. Asia Pacific has been dominating the ethanolamines market in terms of
demand, followed by North America and Europe, since the past few years. Asia Pacific is expected to
experience growing demand for ethanolamines during the forecast period.
The report estimates and forecasts the ethanolamines market on the global, regional, and country level.
The study provides forecast from 2016 to 2024 based on volume (kilo tons) and revenue (US$ Mn). The
report comprises an exhaustive value chain analysis, which provides a comprehensive view of the market.
The value chain analysis also offers detailed information about value addition at each stage. The study
includes drivers and restraints of the ethanolamines market along with their impact on demand during
the forecast period. The report analyzes opportunities in the ethanolamines market on the global and
regional level. Drivers, restraints, and opportunities mentioned in the report are justified through
quantitative and qualitative data. These have been verified through primary and secondary resources.
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The report includes Porter’s Five Forces Model to determine the degree of competition in the
ethanolamines market. A qualitative write-up on market attractiveness analysis, wherein applications and
countries have been analyzed based on attractiveness is included. Growth rate, market size, raw material
availability, profit margin, impact strength, technology, competition, and other factors (such as
environmental and legal) have been evaluated in order to derive the general attractiveness of the market.
The report includes price trend analysis for ethanolamines from 2015 to 2024.
The study provides a comprehensive view of the ethanolamines market by dividing it into product
segments that include monoethanolamines (MEA), diethanolamines (DEA), and triethanolamines (TEA).
In terms of application, the ethanolamines market has been segmented into surfactants, chemical
intermediates, herbicides, gas treatment, cement, and others. Product segments and application
segments have been analyzed based on historic, present, and future trends, and the market has been
estimated from 2016 to 2024 in terms of volume (kilo tons) and revenue (US$ Mn).
Regional segmentation includes the current and forecast demand for ethanolamines in North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises