Global Ethanolamines Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Monoethanolamine (MEA), Diethanolamine (DEA), and Triethanolamine (TEA).

By Application;

Detergents, Ethyleneamines, Gas Purification, Metal Cleaning, Herbicide Intermediate, Textile, and Others.

By End-User Industry;

Agriculture, Construction, Personal Care, Oil & Gas, Metallurgy & Metalworking, Textile, Chemical, and Other End-User Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn739168515 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Ethanolamines Market (USD Million), 2021 - 2031

In the year 2024, the Global Ethanolamines Market was valued at USD 4,915.97 million. The size of this market is expected to increase to USD 11,781.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.3%.

The global ethanolamines market has experienced significant growth due to their versatile applications in various industries. Ethanolamines are primarily used as a key ingredient in the production of detergents, surfactants, and emulsifiers, owing to their properties as effective cleaning agents and foam boosters. These compounds also find extensive use in the agriculture sector as herbicides and in the chemical industry for the production of solvents and other chemicals.

The market for ethanolamines is driven by the increasing demand for these compounds in industrial applications, coupled with the growing consumer preference for cleaner and more sustainable products. The expansion of the automotive and construction industries further fuels this demand, as ethanolamines are used in the formulation of products such as corrosion inhibitors and adhesives.

Geographically, the market is segmented into regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Asia-Pacific holds a significant share of the market due to rapid industrialization, urbanization, and the growing chemical manufacturing sector. North America and Europe also contribute notably to the market, driven by advancements in technology and a strong emphasis on research and development.

Key players in the global ethanolamines market are focusing on innovation and technological advancements to enhance product performance and sustainability. The industry is also witnessing increased consolidation, with major players engaging in mergers and acquisitions to strengthen their market position and expand their product portfolios.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User Industry
    4. Market Snapshot, By Region
  4. Global Ethanolamines Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Applications
        2. Detergents
        3. Surfactants
      2. Restraints
        1. Environmental Regulations
        2. Toxicity Concerns
        3. Volatility in Raw Material Prices
      3. Opportunities
        1. Growing Industrialization
        2. Emerging Markets
        3. Technological Innovations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Ethanolamines Market, By Product Type, 2021 - 2031 (USD Million)
      1. Monoethanolamine (MEA)
      2. Diethanolamine (DEA)
      3. Triethanolamine (TEA)
    2. Global Ethanolamines Market, By Application, 2021 - 2031 (USD Million)
      1. Detergents
      2. Ethyleneamines
      3. Gas Purification
      4. Metal Cleaning
      5. Herbicide Intermediate
      6. Textile
      7. Others
    3. Global Ethanolamines Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Agriculture
      2. Construction
      3. Personal Care
      4. Oil and Gas
      5. Metallurgy and Metalworking
      6. Textile
      7. Chemical
      8. Other End-user Industries
  6. Global Ethanolamines Market, By Geography, 2021 - 2031 (USD Million)
    1. North America
      1. United States
      2. Canada
    2. Europe
      1. Germany
      2. United Kingdom
      3. France
      4. Italy
      5. Spain
      6. Nordic
      7. Benelux
      8. Rest of Europe
    3. Asia Pacific
      1. Japan
      2. China
      3. India
      4. Australia/New Zealand
      5. South Korea
      6. ASEAN
      7. Rest of Asia Pacific
    4. Middle East & Africa
      1. GCC
      2. Israel
      3. South Africa
      4. Rest of Middle East & Africa
    5. Latin America
      1. Brazil
      2. Mexico
      3. Argentina
      4. Rest of Latin America
  7. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Dow
      3. Indorama Ventures Limited
      4. INEOS
      5. Jiaxing Jinyan Chemical Co., Ltd.
      6. LyondellBasell Industries N.V.
      7. Nouryon
      8. OUCC
      9. Penta Manufacturer
      10. SABIC
      11. Sintez OKA Group of Companies
  8. Analyst Views
  9. Future Outlook of the Market