1h Free Analyst Time
The Diethanolamine Market grew from USD 12.51 billion in 2023 to USD 13.10 billion in 2024. It is expected to continue growing at a CAGR of 4.82%, reaching USD 17.41 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Diethanolamine belongs to the group of ethanolamines, which are amines with one amino group attached to a hydroxyethyl group. DEA is produced by the reaction of ethylene oxide with aqueous ammonia, and it serves as a pivotal intermediate in the synthesis of a variety of chemical products. The diethanolamine (DEA) market is primarily driven by its vast applications across diverse industries, such as the manufacture of detergents, cosmetics, and pharmaceuticals. The rising demand for personal care products and detergents, particularly in emerging economies, significantly contributes to the growth of the DEA market. However, the environmental and health concerns related to the usage of diethanolamine hinder market growth. Despite these challenges, the development of biodegradable and less toxic DEA alternatives can cater to the growing consumer demand for eco-friendly products. Additionally, expanding applications in emerging technological hubs such as agrochemicals offer new opportunities for DEA manufacturers. The exploration into novel uses, such as in carbon capture and storage technologies, also presents a potentially lucrative market segment, leveraging DEA's gas absorption properties.
Regional Insights
In the Americas, the diethanolamine market has been experiencing moderate growth, driven primarily by the United States. The demand in the U.S. is largely fueled by its extensive use in the production of detergents and personal care products. The region also shows promising growth potential, attributed to the expanding industrial and agricultural activities that demand the chemical for various applications. In the EMEA region, stringent environmental regulations by the European Union have led to the development of bio-based and eco-friendly alternatives, influencing the market dynamics significantly. The Middle East is expected to showcase substantial growth owing to its expanding petrochemical sector, whereas Africa's market is still in a nascent stage, with gradual growth anticipated in the forecast period. Asia-Pacific is anticipated to be the fastest-growing market, with China, India, and Japan being the primary contributors. The region's market is propelled by rapid industrialization, growth in manufacturing sectors, and increased demand for personal care and cleaning products.Market Insights
Market Dynamics
- The market dynamics represent an ever-changing landscape of the Diethanolamine Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market Drivers
- Rising demand for personal and home care products
- Increasing investments in the production of pharmaceuticals
Market Restraints
- Fluctuating costs of raw materials required for diethanolamine
Market Opportunities
- Potential of diethanolamine in carbon capture technologies
- Growing application of DEA in the agricultural sector
Market Challenges
- Health and environmental concerns associated with diethanolamine
Market Segmentation Analysis
- Grade: Higher demand for reagent grade diethanolamine in pharmaceuticals and scientific research
- Application: Growing adoption of diethanolamine in pharmaceutical industry as an emulsifying agent
Industry Insights
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Diethanolamine Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Diethanolamine Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Recent Developments
Albaugh Launched the Herbicide Exemplo (2,4 Drops of Methylammonium Salt + Diethanolamine Salt) in Brazil
Albaugh, a North American agricultural chemical entity, has introduced its Exemplo LV herbicide in the Brazilian market. This advanced formula uniquely combines 2,4-D dimethyl salt and diethanolamine salt into a soluble (SL) concoction, distinguished by its selective post-bud emergence effectiveness and enhanced with special additives to significantly reduce volatility. Tailored to target a range of pervasive weeds such as morning glory, amaranth, and balsamia, Exemplo LV stands out for its indispensable role in safeguarding soybean and corn yields.Nippon Shokubai Acquired ISCC PLUS Certification for Various Products, Including Acrylic Acid, Superabsorbent Polymers, and Ethylene Oxide
Nippon Shokubai Co., Ltd. has acquired ISCC PLUS certification for an array of 19 products, which comprises acrylic acid, superabsorbent polymers (SAP), ethanolamine monoethanolamine, and ethylene oxide, produced at both its Himeji and Kawasaki Plants. This prestigious certification underscores the company's dedicated effort to manufacturing and distributing products derived from biomass using the mass balance method, thus significantly lowering their environmental footprint.Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Diethanolamine Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.Key Company Profiles
The report delves into recent significant developments in the Diethanolamine Market, highlighting leading vendors and their innovative profiles. These include Arihant Solvents and Chemicals, Ataman Kimya A.S., BASF SE, BeanTown Chemical, Inc., Carl Roth GmbH + Co. KG, F. Hoffmann-La Roche Ltd., HELM AG, Henan GP Chemicals Co.,Ltd., Loba Chemie Pvt. Ltd., Merck KGaA, Molekula Group, Nouryon Chemicals Holding B.V., Otto Chemie Pvt Ltd, Procurenet Limited, PTT Global Chemical Public Company Limited, Redox Ltd, Saudi Basic Industries Corporation, Spectrum Chemical Mfg. Corp., SUPRA SCIENCES, INC., The Dow Chemical Company, Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co., Ltd., Vizag Chemical International, VWR International, LLC by Avantor, Inc., and Zhengzhou Meiya Chemical Products Co.,Ltd..Market Segmentation & Coverage
This research report categorizes the Diethanolamine Market to forecast the revenues and analyze trends in each of the following sub-markets:Grade
- Reagent Grade
- Technical Grade
Application
- Agriculture
- Home Care
- Personal Care & Cosmetics
- Pharmaceuticals
Region
Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Additional Product Information:
- The purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
- With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase
- Purchase of this report includes 1 year online access with quarterly updates
- This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website
Table of Contents
1. Preface
2. Research Methodology
5. Market Insights
6. Diethanolamine Market, by Grade
7. Diethanolamine Market, by Application
8. Americas Diethanolamine Market
9. Asia-Pacific Diethanolamine Market
10. Europe, Middle East & Africa Diethanolamine Market
11. Competitive Landscape
12. Competitive Portfolio
List of Figures
List of Tables
Companies Mentioned
- Arihant Solvents and Chemicals
- Ataman Kimya A.S.
- BASF SE
- BeanTown Chemical, Inc.
- Carl Roth GmbH + Co. KG
- F. Hoffmann-La Roche Ltd.
- HELM AG
- Henan GP Chemicals Co.,Ltd.
- Loba Chemie Pvt. Ltd.
- Merck KGaA
- Molekula Group
- Nouryon Chemicals Holding B.V.
- Otto Chemie Pvt Ltd
- Procurenet Limited
- PTT Global Chemical Public Company Limited
- Redox Ltd
- Saudi Basic Industries Corporation
- Spectrum Chemical Mfg. Corp.
- SUPRA SCIENCES, INC.
- The Dow Chemical Company
- Thermo Fisher Scientific Inc.
- Tokyo Chemical Industry Co., Ltd.
- Vizag Chemical International
- VWR International, LLC by Avantor, Inc.
- Zhengzhou Meiya Chemical Products Co.,Ltd.
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 180 |
| Published | June 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 13.1 Billion |
| Forecasted Market Value ( USD | $ 17.41 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
