Ethanolamines Market Opportunity, Growth Drivers, Industry Trend Analysis and Forecast 2026-2035

The Global Ethanolamines Market was valued at USD 4.2 billion in 2025 and is estimated to grow at a CAGR of 4.7% to reach USD 6.2 billion by 2035.

Over the past four years, demand has steadily increased due to the post-pandemic rise in construction chemicals, detergents, and gas treatment applications. Global chemical production expanded between 2021 and 2025, with organizations like the International Energy Agency highlighting strong growth in the consumption of cleaning chemicals, which constitute the primary markets for monoethanolamine (MEA), diethanolamine (DEA), and triethanolamine (TEA). The consistent rise in chemical manufacturing has largely been driven by the production of surfactants and detergents. Pandemic-related surges in hygiene and cleaning product demand persisted into the post-pandemic period, maintaining high consumption levels. Ethanolamines are essential ingredients in creating non-ionic and anionic surfactants, which are widely used in industrial and institutional cleaning solutions, personal care formulations, and other cleaning products. Rapid industrial growth in countries such as China, India, and across Southeast Asia has fueled expansion in downstream applications like fertilizers, cement, coatings, and cleaning products, making the Asia-Pacific region the largest and fastest-growing ethanolamines market. Meanwhile, North America and Europe experienced steady, efficiency-driven growth due to moderate environmental regulations and energy-transition policies. In industries such as oil and gas, construction, and industrial cleaning, specialized ethanolamine-based gas treatment solutions were used, but these sectors contributed modestly to overall market growth, leaving certain market gaps.

The triethanolamine (TEA) segment accounted for 39% share and is expected to grow at a CAGR of 4.3% by 2035. The ethanolamines market is gradually shifting from a volume-driven, commodity-based model to a more targeted approach with defined product roles. MEA continues to be indispensable in gas treatment and agricultural chemicals, while DEA and TEA are critical for surfactants, detergents, and personal care applications. TEA is particularly versatile, serving as a neutralizer, emulsifier, and pH adjuster in a wide range of formulations, making it a multifunctional component for numerous chemical processes.

The liquid (bulk) segment held 65% share and is projected to grow at a CAGR of 4.6% by 2035. Bulk liquid ethanolamines serve multiple industries, including gas treatment, detergents, agricultural chemicals, and cement additives. Logistics solutions such as pipelines, bulk trucks, and ISO tanks help optimize costs for large-scale consumers. Many producers are now providing ethanolamines as aqueous blends or solutions, which simplifies on-site handling, improves dosing efficiency, and ensures compliance with safety standards for industrial plants, refineries, and large integrators.

North America Ethanolamines Market reached USD 921 million in 2025 and is expected to grow to USD 1.3 billion by 2035. The growth is primarily driven by gas treatment, detergents, and downstream chemical applications. The region benefits from mature gas processing infrastructure, established industrial and household cleaning markets, and stringent product-performance regulations, which sustain steady demand for MEA, DEA, and TEA.

Key players in the Global Ethanolamines Market include BASF SE, Dow, INEOS Group, Huntsman Corporation, SABIC, Eastman Chemical Company, Nippon Shokubai Co., Ltd., LyondellBasell Industries, Reliance Industries Limited, India Glycols Limited, Sinopec, Mitsubishi Chemical Corporation, PCC Rokita SA, Saudi Kayan Petrochemical Company, Thai Ethanolamines Co., Ltd., and Aceto GmbH. Companies in the ethanolamines market are adopting several strategic measures to strengthen their position and expand market reach. These include forming partnerships and alliances with chemical and industrial manufacturers to enhance product integration, investing heavily in research and development for next-generation ethanolamine products, and improving production efficiencies to reduce costs. Firms are also focusing on regional expansion in high-growth markets, acquiring smaller specialty chemical companies, and offering tailored, high-performance solutions for specific applications.

Comprehensive Market Analysis and Forecast

• Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
• Competitive landscape with Porter’s Five Forces and PESTEL analysis
• Market size, segmentation, and regional forecasts
• In-depth company profiles, business strategies, financial insights, and SWOT analysis

This product will be delivered within 2-4 business days.