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The Diethanolamine Market size was estimated at USD 12.51 billion in 2023, USD 13.10 billion in 2024, and is expected to grow at a CAGR of 4.82% to reach USD 17.41 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Diethanolamine (DEA) is a colorless, viscous, and organic compound with the formula HN(CH2CH2OH)2 that is miscible with water, alcohol, and benzene. 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 Trends by Segment
- 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 Dynamics
- 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
- Market Share Analysis
- Strategy Analysis and Recommendations
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.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.This research report offers invaluable insights into various crucial aspects of the Diethanolamine Market:
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
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
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 197 |
| Published | May 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 |
