Global Ethanolamines Market - Segmented by Product Type, Application and Geography - Growth, Trends and Forecast (2018 - 2023)

  • ID: 4520193
  • Report
  • Region: Global
  • 131 pages
  • Mordor Intelligence
until Dec 31st 2018
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  • AkzoNobel
  • Celanese Corporation
  • Chemitron Ltd.
  • Dow Chemicals
  • Huntsman Corporation
  • MORE
The global ethanolamines market is expected to witness a CAGR of approximately 4.4% during the forecast period, majorly driven by the rising demand from corrosion inhibitors and glysophate herbicides applications.

Increasing Application Base

Ethanolamines are corrosive, colorless, flammable, and viscous liquids that are produced by the reaction of ethylene oxide and ammonia. It is required in various industries for applications such as cement grinding, gas treatment, pharmaceuticals, agricultural, and personal care products. The demand for ethanolamines from corrosion inhibitors for metal protection, and glysophate herbicides are expected to drive the market extensively during the forecast period. Furthermore, the increasing demand for DEA from the herbicides segment shall further augment the growth of the ethanolamines market

Cement Grinding is the Most Dominating Segment

Cement grinding dominates the market for ethanolamines by application. This is due to the rising demand from the construction sector because of the increasing construction activities in developing nations including India, Indonesia, Thailand, and China. Additionally, the rising investments in the construction sector from both the government and international companies (owing to growing tourism and business opportunities) in these economies are expected to boost the demand for ethanolamines from the cement grinding segment. Other than cement grinding, the textile and the others segment hold growth potential.

Growing Demand from Textile and Personal Care Segments in Asia-Pacific

Asia-Pacific held the largest share, followed by North America. Asia-Pacific is also expected to be the fastest growing region during the forecast period due to the growth in the textiles, herbicides, and personal care segments. In China, new plants have been constructed that require MEA as a raw material. This shall further augment the growth of the market in the Asia-Pacific region during the forecast period.

Key Developments in the Market

August 2017: DowDuPont force majeure announcement on MEA, TEA, & DEA at its Seadrift, Texas site due to the widespread flooding caused by Hurricane Harvey.

September 2017: BASF SE increases price of ethanolamines by EUR 150 per ton in Europe, stating that the increase shall restore sustainable margins in light of increased costs.

The major players include - BASF SE, Celanese Corporation, DowDuPont, Huntsman Corporation, and LyondellBasell, amongst others.

Reason to Purchase the Report

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating process type and filler used in the market

Countries expected to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3 month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

This report can be customized to meet your requirements.
Note: Product cover images may vary from those shown
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  • AkzoNobel
  • Celanese Corporation
  • Chemitron Ltd.
  • Dow Chemicals
  • Huntsman Corporation
  • MORE
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Feedstock Analysis
3.3.1 Global Capacity by Key Feedstock
3.3.2 Trends
3.4 Technological Snapshot
3.4.1 Production Process
3.4.2 Technology Licensing
3.5 Trade Analysis
3.6 Price Index
3.7 Supply Scenario
3.7.1 Capacity and Production Analysis
3.8 Upcoming Projects & Capital Expenditure
3.9 Regulatory Policy Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Rising Demand from Applications including Glyphosate Herbicides and Corrosion Inhibitors for Metal Protection
4.1.2 Growing Applications in Agrochemicals and Pharmaceuticals
4.1.3 Growing Construction Activities in Asia-Pacific
4.2 Restraints
4.2.1 Increasing Imports of Glyphosate in the United States and South America
4.2.2 Increasing Weed Resistance to Weaken the Demand for Glyphosate
4.3 Opportunity
4.3.1 Upcoming Construction Projects Majorly in Middle East and Africa

5. Market Segmentation and Analysis (Market Size, Share, and Forecast)
5.1 By Product Type
5.1.1 Monoethanolamine (MEA)
5.1.2 Diethanolamine (DEA)
5.1.3 Triethanolamine (TEA)
5.2 By Application
5.2.1 Cement Grinding
5.2.2 Textiles
5.2.3 Gas Treatment
5.2.4 Personal Care
5.2.5 Wood Preservatives
5.2.6 Metal Cleaning
5.2.7 Others (Including Detergents and Herbicides)

6. Regional Market Analysis (Market Size, Share and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 US
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 UK
6.3.3 Italy
6.3.4 France
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa

7. Future of the Market

8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players

9. Company Profiles (Overview, Financials**, Products & Services, Recent Developments, and Analyst View)
9.1 AkzoNobel
9.3 Celanese Corporation
9.4 Chemitron Ltd
9.5 DowDuPont
9.6 Huntsman Corporation
9.7 INEOS Oxide Ltd
9.8 LyondellBasell
*List Not Exhaustive

10. Disclaimer
**Subject to Availability in Public Domain
Note: Product cover images may vary from those shown
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4 of 5
  • AkzoNobel
  • Celanese Corporation
  • Chemitron Ltd.
  • Dow Chemicals
  • Huntsman Corporation
  • INEOS Oxide Ltd.
  • LyondellBasell
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown