Ethanolamines Market is predicted to reach USD 3.4 billion at a CAGR of 5.20% during the forecast period

Pune, India, September, 2023 /MRFR Press Release/- Market Research Future published a half cooked research report on Ethanolamines Market

Market Research Future (MRFR) has published a cooked research report on the “Global Ethanolamines Market” that contains information from 2023 to 2032. The Global Ethanolamines Market is estimated to register a CAGR of 5.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the Global Ethanolamines Market— BASF SE, Dow Chemical Corporation, Akzo Nobel N.V., Huntsman Corporation LLC, Sintez OKA Group of Companies, INEOS, SABIC, and Jiaxing Jinyan Chemical Co Ltd.

Market Highlights

Global Ethanolamines Market is accounted to register a CAGR of 5.20% during the forecast period and is estimated to reach USD 3.4 Billion by 2032.

Ethanolamines are a group of organic compounds characterized by the presence of both amine (-NH2) and alcohol (-OH) functional groups on the same carbon atom. The three primary ethanolamines are monoethanolamine (MEA), diethanolamine (DEA), and triethanolamine (TEA). They possess versatile properties and are widely used as intermediates in the production of surfactants, detergents, emulsifiers, and corrosion inhibitors. Additionally, ethanolamines play crucial roles in various industries, including personal care products, pharmaceuticals, agrochemicals, and gas treatment processes, owing to their capacity to act as both amines and alcohols, making them valuable components in numerous chemical reactions and product formulations.

Segment Analysis

The Global Ethanolamines Market has been segmented based on Product, Application.

Based on Product, the market is segmented into Monoethanoamines, Diethanolamines, And Triethanolamines. The dominance of the Monoethanolamine category in the Ethanolamines market can be attributed to its widespread use as a key intermediate in the production of various industrial products, including surfactants, solvents, and gas treatment chemicals.

Based on Application, the market is segmented into Detergents, Chemical Intermediates, Herbicides, Metal Cleaning & Herbicides. The Detergents category dominates the Ethanolamines market due to its significant use as a crucial ingredient in the production of various surfactants and cleaning agents.

Regional Analysis

The Global Ethanolamines Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Ethanolamines Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Ethanolamines Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Ethanolamines Market comprises of Middle East, Africa, and Latin America.

In Europe, the ethanolamines market holds the second-largest market share, driven by the increased adoption of herbicides and agrochemicals in the region. The rising demand for efficient agricultural practices has led to a significant surge in the usage of ethanolamines-based products for crop protection and plant growth enhancement. Among the European countries, the German ethanolamines market stands out with the largest market share, benefiting from its robust industrial infrastructure and diverse applications of ethanolamines in various sectors. Furthermore, the UK's ethanolamines market showcases the fastest growth in the European region, owing to its focus on sustainable agriculture and the adoption of advanced chemical solutions for crop management.

Across the Atlantic, the North American ethanolamines market is expected to exhibit the fastest Compound Annual Growth Rate (CAGR) from 2023 to 2032. This substantial growth can be attributed to the considerable demand from diverse end-use industries, including personal care, detergent, and herbicides, within the region. Ethanolamines find extensive application in these sectors due to their versatile properties, such as acting as emulsifiers, surfactants, and pH regulators, making them indispensable in various consumer and industrial products.

Key Findings of the Study

• The Global Ethanolamines Market is expected to reach USD 3.4 Billion by 2032, at a CAGR of 5.20% during the forecast period.


• The ethanolamines market in Europe secures the second-largest market share, primarily fueled by the growing utilization of herbicides and agrochemicals in the region. Among the European countries, the German ethanolamines market takes the lead with the largest market share, while the UK market demonstrates the most rapid growth.


• Based on the Application, the Market has been segmented into Detergents holding the largest market in 2023.


• BASF SE, Dow Chemical Corporation, Akzo Nobel N.V., Huntsman Corporation LLC, Sintez OKA Group of Companies, INEOS, SABIC, and Jiaxing Jinyan Chemical Co Ltd.

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