Ethanolamine’s Market 2021 Driving Factors, Outlook and Future Scope Analysis 2027
Global Ethanolamines Market By Raw Material (Ammonia, 1-Ethylene Oxide,2-Ethylene Oxide, 3-Ethylene Oxide), Product Type (Monoethanolamines,Diethanolamines, Triethanolamines), Application (Cement, Gas Treating,Metalworking Fluids, Personal Care Products, Pharmaceuticals, Printing Inks,Construction Chemicals, Textiles, Herbicides, Ethyleneamines, Detergents/Cleaners/FabricSofteners), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of SouthAmerica, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey,Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea,Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest ofAsia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of MiddleEast and Africa) Industry Trends and Forecast to 2027
Market Analysis andInsights : Global Ethanolamines Market
Ethanolamines market isestimated to reach at a growth rate of 4.55% by the forecast period of 2020 to2027. Growth in demand for end-use industries such as detergents, herbicides,and textile are driving the growth of the market.
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Ethanolamine also knownas 2-aminoethanol or monoethanolamine is an organic chemical compound which isboth primary amine and primary alcohol. Ethanolamine is a corrosive, colorless,flammable, viscous and toxic liquids substance. Ethanolamine is the second mostabundant head group substances for phospholipids. Ethanolamine is also used inmessenger molecules such as palmitoylethanolamide. There is a growing demandfor ethanolamines in cement, gas treating, metalworking fluids, personal careproducts, pharmaceuticals, printing inks, constructionchemicals, textiles, herbicides and ethyleneamines, which isexpected to be one of the major drivers of the market over the next sevenyears.
Increase in theapplication scope such as corrosive inhibitors and construction chemicals formetal protection are driving the growth of the market. General awareness amongconsumers is anticipated to influence the personal care industry and rise inper capital income will drive the growth of the market in the developingeconomies such as Latin America and Asia-Pacific. Production of newapplications such as wood preservation and agrochemicals production willprovide new avenues for the market. Demand of end use applications such as gastreatment and metal cleaning will drive the growth of the market in the comingyears as gas treatment applications will propel the growth of the market.Moreover growing demand for the product from cement, herbicides, textiles andchemical intermediates and other drive the market growth and create growthopportunities for ethanolamines market in the forecast period of 2020-2027.
Volatile raw materialprices will act as a restrain, and further challenge the growth ofethanolamines market in the forecast period mentioned above.
The ethanolamines marketreport provides details of new recent developments, trade regulations, importexport analysis, production analysis, value chain optimization, market share,impact of domestic and localised market players, analyses opportunities interms of emerging revenue pockets, changes in market regulations, strategicmarket growth analysis, market size, category market growths, applicationniches and dominance, product approvals, product launches, geographicalexpansions and technological innovations in the market. To gain more infoethanolamines market on Data Bridge Market contact us for an Analyst Brief, our team will help you take an informedmarket decision to achieve market growth.
Global Ethanolamines Market Scope and Market Size
Ethanolamines marketis segmented on the basis of rawmaterial, product type and application. The growth amongst the differentsegments helps you in attaining the knowledge related to the different growthfactors expected to be prevalent throughout the market and formulate differentstrategies to help identify core application areas and the difference in yourtarget markets.
On the basis of rawmaterial, the ethanolamines market is segmented into ammonia, 1-Ethylene Oxide,2-ethylene oxide, and 3-ethylene oxide.
On the basis of producttype, the ethanolamines market is segmented into monoethanolamines,diethanolamines and triethanolamines.
On the basis ofapplication, the ethanolamines market is segmented into cement, gas treating,metalworking fluids, personal care products, pharmaceuticals, printing inks, construction chemicals,textiles, herbicides, ethyleneamines and detergents/cleaners/fabric softeners.
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The major playerscovered in the ethanolamines market report are :
BASF SE, Dowdupont, AkzoNobel, INEOS Oxide Ltd., Fushun Beifang Chemical Co. Ltd., China Petroleum& Chemical Corporation, Thai Ethanolamines Co. Ltd., Sinopec ShanghaiGaoQiao Petrochemical Corporation, Huntsman Corporation, Shijiazhuang HaisenChemical Co. Ltd., Jiaxing Jinyan Chemical Co. Ltd., SABIC, CelaneseCorporation, LyondellBasell, Invista, Daicel Chemical industries Ltd., Amines& Plasticizers ltd., BALAJI AMINES, Sintez OKA, Relianc
Industries Limited,Advance Petrochemicals Ltd., NIPPON SHOKUBAI CO., LTD. among otherdomestic and global players. Market share data is available for global, NorthAmerica, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and SouthAmerica separately. DBMR analysts understand competitive strengths and providecompetitive analysis for each competitor separately.
Global Ethanolamines Market CountryLevel Analysis
Ethanolamines market isanalysed and market size, volume information is provided by country, rawmaterial, product type and application as referenced above.
The countries coveredin the ethanolamines market report are :
U.S., Canada and Mexicoin North America, Germany, France, U.K., Netherlands, Switzerland, Belgium,Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India,South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines,Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E,Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part ofMiddle East and Africa (MEA), Brazil, Argentina and Rest of South America aspart of South America.
Asia-Pacific isdominating the ethanolamines market due to high growth rate and increasingdomestic demand from end-use industries in the region such as India andChina.
The country section ofthe ethanolamines market report also provides individual market impactingfactors and changes in regulation in the market domestically that impacts thecurrent and future trends of the market. Data points such as consumptionvolumes, production sites and volumes, import export analysis, price trendanalysis, cost of raw materials, down-stream and upstream value chain analysisare some of the major pointers used to forecast the market scenario forindividual countries. Also, presence and availability of global brands andtheir challenges faced due to large or scarce competition from local anddomestic brands, impact of domestic tariffs and trade routes are consideredwhile providing forecast analysis of the country data.
Competitive Landscapeand Ethanolamines Market Share Analysis
Ethanolamines marketcompetitive landscape provides details by competitor. Details included arecompany overview, company financials, revenue generated, market potential,investment in research and development, new market initiatives, globalpresence, production sites and facilities, production capacities, companystrengths and weaknesses, product launch, product width and breadth,application dominance. The above data points provided are only related to thecompanies’ focus related to ethanolamines market.
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