Diethanolamine Market size is forecasted to grow at a CAGR of 4.8% during 2022-2027 due to rising demand from end-use sectors such as paint & coatings, pharmaceutical, textile, agriculture, personal care & cosmetics, and others. Diethanolamine (DEA) is an ethanolamine compound and is produced by ethylene oxide with ammonia. Additionally, diethanolamine is a colorless liquid compound that is used in the production of rubber chemicals. These liquid compounds are used as chemical intermediates in agrichemicals and pharmaceuticals. Dietheloamine is polyfunctional which is used as a fabric finisher for textile cleaning, in certain coatings, as an emulsifier & viscosity builder in cosmetics, as gas treating agents, and in other applications. Hence, due to such properties of diethanolamine, it is widely used in paint, coatings, pharmaceuticals, oil & gas, and other industries and is estimated to grow the diethanolamine market.
Impact of COVID-19
The tragedy of COVID-19, which is declared as a pandemic by the World Health Organization, is having a noticeable impact on global economic growth. This has affected the demand and supply chain as well, from 2020 and is continuing in Q3 of 2022. All pending activities such as production and operations were held due to the lockdown. Thus, these all factors are limiting the demand for diethanolamine.
The report “Diethanolamine Market- Forecast (2022-2027)” covers an in-depth analysis of the following segments of the Diethanolamine Industry.
By Application: Chemical Intermediate, Fabric Finisher & Softener, Foam Stabilizer, Photographic Chemicals, Rubber Chemicals, Gas Treatment, Reactive & Processing Agent, Water Treatment, Cleansing Agent, Concrete Admixture, Corrosion Inhibitor, Dyes Chemicals, Metalworking Fluids, and Others
By End-Use Industry: Pharmaceutical, Textile, Construction, Paint & Coatings, Oil & Gas, Agriculture, Personal care & Cosmetics, and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)
Asia Pacific dominates the market of diethanolamine due to growing demand from various end-use industries such as pharmaceutical, agriculture, and others, in emerging and developing countries such as India, Thailand, China, and others.
Increasing consumption of ethanolamine compound diethanolamine is used to neutralize and solubilize a variety of resins for water-soluble paints and is estimated to grow the demand for diethanolamine.
Additionally, diethanolamine is polyfunctional which is used as a chemical intermediate, corrosion inhibitor, and dispersing agent for the production of rubber chemicals, and agriculture chemicals.
However, according to the USA Environmental Protection Agency, diethanolamine causes hazardous air pollutants and may cause cancer in humans which may hamper the market growth.
Chemical intermediate held the largest share of the global diethanolamine market in 2020. Diethanolamine is used as a chemical intermediate in the pharmaceutical sector and agriculture industry. Diethanolamine is a versatile intermediate that is used for synthesis reactions in pharmaceuticals and agrochemicals. Furthermore, diethanolamine is a member of ethanolamine compounds that are produced by reacting ethylene oxide with ammonia and is used in pharmaceutical ointments. Thus, the increasing pharmaceutical industry is estimated to grow the demand for diethanolamine as a chemical intermediate. According to the Organization for Economic Co-operation Development (OECD) and the Food and Agriculture Organization (FAO), the wheat production in the United Kingdom was 8.1 tonnes/hectare in 2019 which is estimated to increase by 8.3 tonnes/hectare till 2027. Apart from this, India is the largest provider of generic drugs globally. According to the India Brand Equity Foundation (IBEF), the Indian pharmaceutical sector supplies 40% of generic medicine demand in the US and 25% of all medicine in the United Kingdom. Hence, increasing demand towards the manufacturing of medicine and the need to increase crop production is estimated to grow the consumption of diethanolamine.
Textile industry dominated the global market of diethanolamine in 2020 and is growing at a CAGR of 4.8% during 2022-2027. Diethanolamine is used as reaction intermediates for the preparation of durable press fabric finishes and softeners. It is an ethanolamine compound that is reacted with ethylene oxide to form amine soaps and is used as a scouring agent for wool and silk. It consists of low alkalinity thus, it is useful to make acetate rayon dyes. Thus, increasing the textile industry is estimated to grow the consumption of diethanolamine. According to Eurostat, the share of European technical textiles in total European textile production increased by 28% in 2017 compared to 27% in 2016. Hence, the European textile, man-made fabric, and clothing turnover increased by 0.7%, 0.6%, and 0,4%, respectively during 2018-2017 given by Eurostat. Furthermore, according to the International Trade Center (ITC), exportation growth in the quantity of footwear (with outer shole of rubber, plastic, and leather composition) was 73% in 2017-2018 in China. On the other hand, according to the India Brand Equity Foundation (IBEF), the Indian technical textile market is estimated to reach US$ 23.3 billion by 2027 which is estimated to grow the demand from the textile industry for diethanolamine.
Asia Pacific dominated the global diethanolamine market in 2020 with a share of 37% due to growing consumption from construction, textiles, pharmaceutical, agriculture, and other industries especially in India, Thailand, China, and others. Diethanolamine is produced by ethylene oxide with the reaction of ammonia and is an ethanolamine compound that is widely used in personal care & cosmetic products and the pharmaceutical sector. Additionally, diethanolamine is used as a gas treating agent, corrosion inhibition, reacting agent, surfactant, and another applicant in various industries such as oil & gas, agricultural, construction, and another sector. Thus, increasing such industries is growing consumption of diethanolamine. According to the National Bank for Agriculture and Rural Development in 2020, the Indian government plans to set up a subsidiary to provide guarantees for loans under agriculture and rural development. Additionally, according to the National Economic and Social Development Council (NESDC), in Thailand, the total construction spending rose by 1.5% (to THB1.321 trillion) including public sector spending rose by 5.0% in 2020 as compared to 3.1% in 2019. Furthermore, according to Eurostat, China accounted for 30% of total clothes that were shipped to Europe in 2020. Hence, increasing such activities is estimated to grow the market size of diethanolamine.
Increasing Demand from Agriculture Sector
Diethanolamine is used as a chemical intermediate and dispersing agent in various agricultural chemicals. DEA is a colorless liquid that is quickly soluble in ethanol, ethyl ether, and benzene but its tendencies to absorb water is often encountered as a colorless, viscous liquid. Ethanol raises the production of crops thus with high solubility of DEA is estimated to grow the market size of diethanolamine. According to the U.S. Department of Agriculture, fruit and nuts production is projected to increase by 27% in 2022. Burma (Myanmar) is expected to reach rise exportation by 4.0 million tons and 1.65 million tons in Cambodia by 2028-2029. Furthermore, according to the Organization for Economic Co-operation Development (OECD), in Unites States maize crop production increased by 4.13% to 360,252 thousand million tons in 2020 as compared to 345,962 thousand million tons in 2019. Additionally, according to the Indian Council for Agricultural Research (ICAR), the foodgrain demand is expected to increase by 345 million tonnes by 2030. Thus, to increase the production of the crop the consumption of diethanolamine is expected to increase.
Increasing Rubber Production is Estimated to Grow the Consumption of 1,2-Dichloroethane
Diethanolamine, an ethanolamine compound, is used for the production of rubber chemicals such as tetraethyl thiuram disulfide (TETD) that is designed for rubber modification. Thus, the growing demand for TETD for rubber vulcanization is estimated to grow the consumption of diethanolamine from the rubber industry. According to the International Rubber Study Group (IRSG), world rubber production and consumption increased by 2.4% and 4.6%, respectively in 2018. Additionally, according to the Malaysian Rubber Council (MRC), rubber consumption increased by 15,792 million tons in 2020 from 15,280 million tons in 2019. Furthermore, the Automotive tire Manufacturers Association (ATMA), announced in 2022 that it would invest Rs. 1,100 crores to undertake rubber production in North-East India over the next 5 years. Hence, the growing investment and production of rubber are growing the consumption of rubber chemicals which, in turn, is estimated to grow the diethanolamine market size.
Adverse health and environmental effect of Diethaloamine
Diethloamine (DEA) is a toxic liquid compound that is hazardous to human health. According to the USA Environmental Protection Agency, diethanolamine causes hazardous air pollutants. Diethanolamine can be contaminated with ethylene oxide which is associated with cancer. DEA is causing organ toxicity and neurotoxic effects such as tremors. Additionally, diethanolamine irritates eyes, skin, noses, and throats. Hence, the negative impact on human health and the environment may limit the consumption of diethanolamine.
1. The Dow Chemical Company
2. BASF SE
3. HELM AG
4. Huntsman Corporation
5. VWR International LLC
6. Alfa Aesar
7. Spectrum Chemical MFG Group
8. BeanTown Chemicals, and among others.
This product will be delivered within 2 business days.
Impact of COVID-19
The tragedy of COVID-19, which is declared as a pandemic by the World Health Organization, is having a noticeable impact on global economic growth. This has affected the demand and supply chain as well, from 2020 and is continuing in Q3 of 2022. All pending activities such as production and operations were held due to the lockdown. Thus, these all factors are limiting the demand for diethanolamine.
Diethanolamine Market Report Coverage
The report “Diethanolamine Market- Forecast (2022-2027)” covers an in-depth analysis of the following segments of the Diethanolamine Industry.
By Application: Chemical Intermediate, Fabric Finisher & Softener, Foam Stabilizer, Photographic Chemicals, Rubber Chemicals, Gas Treatment, Reactive & Processing Agent, Water Treatment, Cleansing Agent, Concrete Admixture, Corrosion Inhibitor, Dyes Chemicals, Metalworking Fluids, and Others
By End-Use Industry: Pharmaceutical, Textile, Construction, Paint & Coatings, Oil & Gas, Agriculture, Personal care & Cosmetics, and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)
Key Takeaways
Asia Pacific dominates the market of diethanolamine due to growing demand from various end-use industries such as pharmaceutical, agriculture, and others, in emerging and developing countries such as India, Thailand, China, and others.
Increasing consumption of ethanolamine compound diethanolamine is used to neutralize and solubilize a variety of resins for water-soluble paints and is estimated to grow the demand for diethanolamine.
Additionally, diethanolamine is polyfunctional which is used as a chemical intermediate, corrosion inhibitor, and dispersing agent for the production of rubber chemicals, and agriculture chemicals.
However, according to the USA Environmental Protection Agency, diethanolamine causes hazardous air pollutants and may cause cancer in humans which may hamper the market growth.
Chemical intermediate held the largest share of the global diethanolamine market in 2020. Diethanolamine is used as a chemical intermediate in the pharmaceutical sector and agriculture industry. Diethanolamine is a versatile intermediate that is used for synthesis reactions in pharmaceuticals and agrochemicals. Furthermore, diethanolamine is a member of ethanolamine compounds that are produced by reacting ethylene oxide with ammonia and is used in pharmaceutical ointments. Thus, the increasing pharmaceutical industry is estimated to grow the demand for diethanolamine as a chemical intermediate. According to the Organization for Economic Co-operation Development (OECD) and the Food and Agriculture Organization (FAO), the wheat production in the United Kingdom was 8.1 tonnes/hectare in 2019 which is estimated to increase by 8.3 tonnes/hectare till 2027. Apart from this, India is the largest provider of generic drugs globally. According to the India Brand Equity Foundation (IBEF), the Indian pharmaceutical sector supplies 40% of generic medicine demand in the US and 25% of all medicine in the United Kingdom. Hence, increasing demand towards the manufacturing of medicine and the need to increase crop production is estimated to grow the consumption of diethanolamine.
Textile industry dominated the global market of diethanolamine in 2020 and is growing at a CAGR of 4.8% during 2022-2027. Diethanolamine is used as reaction intermediates for the preparation of durable press fabric finishes and softeners. It is an ethanolamine compound that is reacted with ethylene oxide to form amine soaps and is used as a scouring agent for wool and silk. It consists of low alkalinity thus, it is useful to make acetate rayon dyes. Thus, increasing the textile industry is estimated to grow the consumption of diethanolamine. According to Eurostat, the share of European technical textiles in total European textile production increased by 28% in 2017 compared to 27% in 2016. Hence, the European textile, man-made fabric, and clothing turnover increased by 0.7%, 0.6%, and 0,4%, respectively during 2018-2017 given by Eurostat. Furthermore, according to the International Trade Center (ITC), exportation growth in the quantity of footwear (with outer shole of rubber, plastic, and leather composition) was 73% in 2017-2018 in China. On the other hand, according to the India Brand Equity Foundation (IBEF), the Indian technical textile market is estimated to reach US$ 23.3 billion by 2027 which is estimated to grow the demand from the textile industry for diethanolamine.
Asia Pacific dominated the global diethanolamine market in 2020 with a share of 37% due to growing consumption from construction, textiles, pharmaceutical, agriculture, and other industries especially in India, Thailand, China, and others. Diethanolamine is produced by ethylene oxide with the reaction of ammonia and is an ethanolamine compound that is widely used in personal care & cosmetic products and the pharmaceutical sector. Additionally, diethanolamine is used as a gas treating agent, corrosion inhibition, reacting agent, surfactant, and another applicant in various industries such as oil & gas, agricultural, construction, and another sector. Thus, increasing such industries is growing consumption of diethanolamine. According to the National Bank for Agriculture and Rural Development in 2020, the Indian government plans to set up a subsidiary to provide guarantees for loans under agriculture and rural development. Additionally, according to the National Economic and Social Development Council (NESDC), in Thailand, the total construction spending rose by 1.5% (to THB1.321 trillion) including public sector spending rose by 5.0% in 2020 as compared to 3.1% in 2019. Furthermore, according to Eurostat, China accounted for 30% of total clothes that were shipped to Europe in 2020. Hence, increasing such activities is estimated to grow the market size of diethanolamine.
Diethanolamine Market Drivers
Increasing Demand from Agriculture Sector
Diethanolamine is used as a chemical intermediate and dispersing agent in various agricultural chemicals. DEA is a colorless liquid that is quickly soluble in ethanol, ethyl ether, and benzene but its tendencies to absorb water is often encountered as a colorless, viscous liquid. Ethanol raises the production of crops thus with high solubility of DEA is estimated to grow the market size of diethanolamine. According to the U.S. Department of Agriculture, fruit and nuts production is projected to increase by 27% in 2022. Burma (Myanmar) is expected to reach rise exportation by 4.0 million tons and 1.65 million tons in Cambodia by 2028-2029. Furthermore, according to the Organization for Economic Co-operation Development (OECD), in Unites States maize crop production increased by 4.13% to 360,252 thousand million tons in 2020 as compared to 345,962 thousand million tons in 2019. Additionally, according to the Indian Council for Agricultural Research (ICAR), the foodgrain demand is expected to increase by 345 million tonnes by 2030. Thus, to increase the production of the crop the consumption of diethanolamine is expected to increase.
Increasing Rubber Production is Estimated to Grow the Consumption of 1,2-Dichloroethane
Diethanolamine, an ethanolamine compound, is used for the production of rubber chemicals such as tetraethyl thiuram disulfide (TETD) that is designed for rubber modification. Thus, the growing demand for TETD for rubber vulcanization is estimated to grow the consumption of diethanolamine from the rubber industry. According to the International Rubber Study Group (IRSG), world rubber production and consumption increased by 2.4% and 4.6%, respectively in 2018. Additionally, according to the Malaysian Rubber Council (MRC), rubber consumption increased by 15,792 million tons in 2020 from 15,280 million tons in 2019. Furthermore, the Automotive tire Manufacturers Association (ATMA), announced in 2022 that it would invest Rs. 1,100 crores to undertake rubber production in North-East India over the next 5 years. Hence, the growing investment and production of rubber are growing the consumption of rubber chemicals which, in turn, is estimated to grow the diethanolamine market size.
Diethanolamine Market Challenges
Adverse health and environmental effect of Diethaloamine
Diethloamine (DEA) is a toxic liquid compound that is hazardous to human health. According to the USA Environmental Protection Agency, diethanolamine causes hazardous air pollutants. Diethanolamine can be contaminated with ethylene oxide which is associated with cancer. DEA is causing organ toxicity and neurotoxic effects such as tremors. Additionally, diethanolamine irritates eyes, skin, noses, and throats. Hence, the negative impact on human health and the environment may limit the consumption of diethanolamine.
Diethanolamine Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Diethanolamine Market. Major players in the Diethanolamine Market include:
1. The Dow Chemical Company
2. BASF SE
3. HELM AG
4. Huntsman Corporation
5. VWR International LLC
6. Alfa Aesar
7. Spectrum Chemical MFG Group
8. BeanTown Chemicals, and among others.
This product will be delivered within 2 business days.
Table of Contents
1.Diethanolamine Market - Market Overview
2. Diethanolamine Market - Executive Summary
3. Diethanolamine Market - Comparative analysis
4. Diethanolamine Market - Market Forces
5. Diethanolamine Market - Strategic Analysis
6. Diethanolamine Market - By Application (Market Size -$Billion)
7. Diethanolamine Market - By End-Use Industry (Market Size -$Billion)
8. Diethanolamine Market - By Geography (Market Size -$Million/Billion)
9. Diethanolamine Market - Entropy
10. Diethanolamine Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
Methodology
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