Ethanolamines are organic compounds formed as a result of the reaction of ethylene oxide and ammonia. They are made up of amino acids. The three types of products available on the market are monoethanolamines, diethanolamines, and triethanolamines. These products are distinguished by their colorlessness and viscosity, as well as their ammonia-like odour. The rising standard of living and rising demand for the product are two important factors that are positively influencing the market. Because of these properties, they are used in a variety of applications, including detergents, chemical intermediates, herbicides, metal cleaning, and others. Ethanolamine is a corrosive, colourless, flammable, viscous, and toxic liquid that is used in solutions and dispersions to scrub acids, as a feedstock material in the manufacture of detergents, emulsifiers, varnishes and polishes, and chemical intermediaries.
Triethanolamines was the largest product segment in 2015, and it is expected to grow at a positive CAGR over the forecast period due to the wide range of applications it serves. By 2024, DEA is expected to outnumber ethanolamines in terms of both volume and revenue. Stringent regulations and health concerns raised by the ill-effects of these chemicals on human well-being are major challenges for the global Ethanolamines Market. The European Commission, for example, had prohibited the use of DEA in cosmetics in order to reduce contamination from carcinogenic nitrosamines. Medical studies have been conducted to test the effect of this chemical on human livers, and links to liver tumours have been discovered in the last decade.
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