Ethanolamines are corrosive, colorless, flammable and viscous liquids that are produced by the reaction of ethylene oxide and ammonia. There are three types of Ethanolamines, namely mono-ethanolamines (MEA), di-ethanolamines (DEA), and tri-ethanolamines (TEA). The ethanolamines depends on whether an ammonia molecule is reacting with either 1, 2, or 3 ethylene oxide molecules. The composition of the resulting mixture is finally determined by the respective ratio in between the raw materials. The content of water decided the pressure to be maintained while producing the ethanolamines. The cost of production changes in according to the quantity of water and the pressure applied.
The demand for ethanolamines is highest in North American region, primarily United States due to a strong need from the cement, gas treatment, pharmaceuticals, agricultural, personal care products apart from others. The United States is followed by China and Japan. The entire Asia Pacific region is the largest future market for the ethanolamines. The growth is related to a decline in the production of Monoethylene Glycol. There has been a great rise in demand from the Latin American and Middle East & African regions. The sudden rise in the use of the ethanolamines in the use to manufacture wood preservatives and construction chemicals have been the main opportunity of the market. The Volatility in the prices of raw materials due to volatile crude oil prices, have been a major drawback for the market, however with very low intensity.
The report is further segmented into various regions according to the potential of the market. The ethanolamine market is expected to gain in Latin American, Asia Pacific and Middle East markets rapidly, due to rapid industrialization, high rate of population growth and the increasing use in personal care products and pharmaceutical industry.
The major companies have an increasing share in the market as they have been continuously creating joint ventures to increase their market share. The major firms are investing heavily into the Research and Development and thus are thrilled to grab the market share. The Research and development is mainly focused over the ways to produce the low cost ethanolamines and ways to reduce the use of water along with the best product that could be made available in the market. Some of the prominent firms in the ethanolamine market are BASF SE, Dow Chemicals, Akzo Nobel, INEOS Oxide Limited, Fushun Beifang Chemical Company Ltd., China Petroleum & Chemical Corp., and Thai Ethanolamines Company Ltd.
Market analysis for the Global Ethanolamines Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global scale.
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the global Ethanolamines market on global scales.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the global market
Insights on the major regions in which this industry is blooming and identify the regions that are still untapped.
1.2 Research Methodology
2. Executive Summary
3. Ethanolamine Market
3.2 Industry Chain Analysis
3.3 Industry Attractiveness - Porter's Five Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Degree of Competition
3.4 Technology Advancements
4. Market Dynamics
4.1.1 Growth in herbicide and surfactant markets
4.1.2 Reduced production of Monoethylene Glycol and other
4.1.3 Increase in demand from Asia-Pacific, Middle East and the Latin American markets
4.2.1 Volatility in the Raw material prices
4.3.1 Use in wood preservation, construction chemicals and as corrosion inhibitors
5. Market Segmentation
5.1 By Raw Material
5.1.2 1-Ethylene Oxide
5.1.3 2-Ethylene Oxide
5.1.4 3-Ethylene Oxide
5.2 By Product Type
5.3 By Application
5.3.2 Gas Treating
5.3.3 Metalworking Fluids
5.3.4 Personal Care Products
5.3.6 Printing Inks
5.3.7 Construction Chemicals
5.3.11 Detergents/Cleaners/Fabric Softeners
6. Regional Market Analysis
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.4 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East and Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East and Africa
7. Demand Supply Analysis
7.1 Export Import Analysis
7.2 Price Analysis
7.3 Vendor Analysis
8. Patents Analysis
9. Competitive Landscape
9.1 Merger and Acquisition
9.2 Joint Ventures and Collaborations
9.3 Market Share Analysis
9.4 Strategies adopted by Major Players
10. Company Profiles
10.1 BASF SE
10.2 Dow Chemicals
10.3 Akzo Nobel
10.4 INEOS Oxide Ltd.
10.5 Fushun Beifang Chemical Co. Ltd.
10.6 China Petroleum & Chemical Corp.
10.7 Thai Ethanolamines Co. Ltd.
10.8 Sinopec Shanghai GaoQiao Petrochemical Corp.
10.9 Huntsman Corp.
10.10 Shijiazhuang Haisen Chemical Co. Ltd.
10.11 Jiaxing Jinyan Chemical Co. Ltd.
10.12 Sabic Corp.
10.13 Celanese Corp.
10.16 Daicel Chemical industries Ltd.