$4.91 Billion Ethanolamine Markets, 2026 - ResearchAndMarkets.com

The "Ethanolamine
- Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's
offering.

According to this report, the Global Ethanolamine market accounted for
$3.06 Billion in 2017 and is expected to reach $4.91 Billion by 2026
growing at a CAGR of 5.4% during the forecast period.

Growing demand for ethanolamines from corrosion inhibitors for metal
protection and increasing demand from applications including glyphosate
herbicides and corrosion inhibitors for metal protection are some of the
factors propelling the market growth.

However, volatility in raw materials price is the factors hindering the
market growth. In addition, rising demand for gas sweetening agent and
growing use of ethanolamine as corrosion inhibitors and coolant
supplements are some of the factors providing ample opportunities.

Amongst application, Cement grinding is dominating the market due to the
rising demand from the construction sector because of the increasing
construction activities in developing nations including India,
Indonesia, Thailand, and China.

By geography, Asia Pacific is the largest market for ethanolamine due to
the large amount of domestic consumption in various end-use industries,
coupled with cheap production cost and rapid economic growth across the
region.

Products Covered:

• Triethanolamine (TEA)
• Monoethanolamine (MEA)
• Diethanolamine (DEA)

Applications Covered:

• Lubricants
• Cosmetics
• Gas Treatment
• Water Treatment
• Cleaning
• Metal Treatment
• Herbicides
• Textile
• Wood Preservatives
• Surfactant
• Cement Grinding
• Other Applications

End Users Covered:

• Rubber, Oil & Petrochemical
• Polyurethane
• Agrochemical
• Chemical
• Other End Users

Companies Profiled:

• BASF SE
• AkzoNobel
• Arak Petrochemical Company
• Celanese Corporation
• Chemitron Ltd.
• China Petroleum & Chemical Corporation (China)
• Dow Chemical (U.S.)
• Eastman Chemical Company (TAMINCO)
• Fushun Beifang Chemical Co. Ltd. (China)
• Huntsman Corporation
• INEOS Group AG
• Jiahua
• Jiaxing Jinyan Chemical Co. Ltd. (China)
• JLZX Chemical
• KPX Green
• LyondellBasell
• Mitsubishi Gas Chemical Company Inc.
• Mitsui Chemicals
• Shijiazhuang Haisen Chemical Co. Ltd. (China)

For more information about this report visit https://www.researchandmarkets.com/research/v9x8qq/4_91_billion?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20190118005173/en/