Ethyleneamines Market Summary
As per Market Research Future Analysis, the Global Ethyleneamines Market was valued at USD 2,762.9 Mn in 2023 and is projected to reach USD 8,818.1 Mn by 2032, growing at a CAGR of 12.42% from 2024 to 2032. Ethyleneamines, including Monoethanolamine (MEA) and Triethanolamine (TEA), are utilized in various applications such as catalysts in chemical processes, production of plastics, and as chelating agents. The market is driven by increasing demand in water treatment, pharmaceuticals, lubricating oil additives, and agrochemicals. Key regions contributing to market growth include North America, Asia-Pacific, and Europe, with significant contributions from the US, China, and Germany.
Key Market Trends & Highlights
The Ethyleneamines market is witnessing robust growth driven by diverse applications and regional demand.
- Market Size in 2023: USD 2,762.9 Mn; Projected to reach USD 8,818.1 Mn by 2032.
- CAGR during 2024-2032: 12.42%; driven by applications in pharmaceuticals and water treatment.
- North America dominated in 2017; expected substantial growth due to demand in water treatment.
- Asia-Pacific anticipated highest CAGR; led by automotive and agriculture industries.
Market Size & Forecast
2023 Market Size: USD 2,762.9 Mn
2024 Market Size: USD 3,154.1 Mn
2032 Market Size: USD 8,818.1 Mn
CAGR (2024-2032): 12.42%
Major Players
Key players include Akzo Nobel N.V., BASF SE, DowDuPont, Huntsman International LLC, and LANXESS.
The global market for ethyleneamine is growing because of its end-use applications such as chelating agents, lubricating oil additives, epoxy curing agents, and polyamide resins. Its high reactivity allows it to produce a wide range of goods with various applications in different end-use sectors. Moreover, rising demand for the product in the water treatment and pharmaceuticals industries, as well as its increased use in lubricating oil additives, agrochemicals, and paints and coatings, is fueling the rise.
Key players
Some of the key players operating in the global ethylenediamine market are Akzo Nobel N.V., Aminat, BASF SE, Delamine B.V., Diamines and Chemicals Limited, DowDuPont, Inc., Huntsman International LLC, Tosoh Corporation, LANXESS, and Parsol Chemicals Pvt. Ltd.
Ethyleneamines Market Regional Analysis
The Global Ethyleneamines Market has been segmented into five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The North American dominated the Ethyleneamines Market in 2017 and is expected to grow at a substantial CAGR during the assessment period. This is attributed to the surging demand for the product in water treatment and pharmaceuticals industry. The US is the major contributor in the region owing to the growing need for water treatment chemicals and polyamide resins. The Asia-Pacific market is expected to grow at the highest CAGR during the forecast period owing to the growing demand for the product in automotive and agriculture industry. China is the leading market in the region due to the growing consumption of the product in lube oil additives; agrochemicals; and paints and coating. Other regions contributing to the regional market growth are Japan, India, and Malaysia among others. The European market held a significant market share in 2017 owing to strong automotive base and rising technological advancements. Germany is the prominent consumer in the region due to strong R&D developments and growing consumption of the product in surfactants; lube oil and fuel additives; and in personal care and cosmetics. Italy, France, The UK, and Spain are other regional contributors. The Middle East & Africa a moderate market share and is expected to grow at a healthy CAGR in the coming years owing to the rising consumption of the product in oil field chemicals. The Latin American market held a small market share in 2017 and is projected to grow at a steady CAGR due to growing water treatment and pharmaceuticals industry.Â
Segmentation Analysis
The Global Ethyleneamines Market has been segmented on the basis of Type, Manufacturing Process, Application, End-Use Industry and Region.
Based on type, the Global Ethyleneamines Market has been categorized into ethylenediamine (EDA), diethylenetriamine (DETA), triethylenetetramine (TETA), tetraethylenepentamine (TEPA), aminoethylpiperazine (AEP-HP), aminoethylethanolamine (AEEA), ethyleneamine E-100, and others.
On the basis of manufacturing process, the Global Ethyleneamines Market has been bifurcated into reaction between ethylene dichloride and ammonia; and reductive amination of monoethanolamide.
By application, the Global Ethyleneamines Market has been classified into chelating agent, pesticides, corrosion inhibitors, epoxy curing agent, lube oil and fuel additives, polyamide resins, adhesive and sealants, surfactants, oil field chemicals, and others.
On the basis of end-use industry, the Global Ethyleneamines Market has been divided into automotive, construction, pharmaceuticals, paper and pulp, water treatment, agriculture, personal care, textile, paints and coating, and others.
Ethyleneamines Market Industry Developments
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Q2 2024: BASF inaugurates new ethyleneamines plant in Nanjing, China BASF announced the opening of a new world-scale ethyleneamines production facility in Nanjing, China, to meet growing demand in Asia for ethyleneamines used in water treatment, personal care, and crop protection applications.
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Q1 2024: Dow appoints new Vice President for Amines and Chelates business Dow named Dr. Lisa Chen as Vice President of its Amines and Chelates business, which includes the company’s global ethyleneamines portfolio, aiming to drive innovation and growth in specialty chemicals.
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Q3 2024: Huntsman signs long-term supply agreement for ethyleneamines with major European coatings manufacturer Huntsman Corporation entered into a multi-year supply contract to provide ethyleneamines to a leading European coatings producer, strengthening its position in the specialty chemicals market.
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Q2 2024: INEOS completes acquisition of European ethyleneamines assets from Sasol INEOS finalized the purchase of Sasol’s ethyleneamines production assets in Europe, expanding its footprint in the specialty amines sector and enhancing supply capabilities for industrial customers.
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Q4 2024: Aditya Birla Chemicals announces expansion of ethyleneamines capacity in India Aditya Birla Chemicals revealed plans to expand its ethyleneamines manufacturing capacity at its Gujarat facility, targeting increased demand from the agrochemicals and pharmaceuticals sectors.
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Q1 2025: BASF and Mitsui Chemicals form joint venture for sustainable ethyleneamines production BASF and Mitsui Chemicals announced a joint venture to develop and commercialize bio-based ethyleneamines, aiming to reduce carbon footprint and address sustainability goals in the chemical industry.
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Q2 2025: Huntsman launches new high-purity ethyleneamines product line for electronics industry Huntsman introduced a new range of high-purity ethyleneamines designed for use in advanced electronics manufacturing, targeting the growing demand for specialty chemicals in semiconductor fabrication.
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Q3 2024: Evonik opens R&D center for amines innovation in Germany Evonik Industries inaugurated a new research and development center focused on amines, including ethyleneamines, to accelerate product innovation and support custom solutions for industrial clients.
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Q2 2024: INEOS signs supply agreement with major US agrochemical company for ethyleneamines INEOS secured a multi-year supply contract to provide ethyleneamines to a leading US agrochemical manufacturer, reinforcing its role as a key supplier to the agricultural sector.
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Q1 2025: BASF receives regulatory approval for new ethyleneamines process technology in Europe BASF obtained regulatory clearance for its proprietary ethyleneamines production process, enabling more efficient and environmentally friendly manufacturing at its European facilities.
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Q4 2024: Huntsman appoints new Chief Technology Officer to lead amines innovation Huntsman named Dr. Michael Bauer as Chief Technology Officer, tasking him with advancing the company’s amines and ethyleneamines technology platforms for new market applications.
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Q2 2025: Dow announces $100 million investment in US ethyleneamines plant modernization Dow committed $100 million to upgrade its US ethyleneamines production facility, aiming to boost capacity, improve energy efficiency, and support growth in downstream specialty chemicals.
Target Audience
- Traders and distributors of Ethyleneamines
- Ethyleneamines manufacturers
- Production process industries
- Nationalized laboratories
Report Attribute/Metric |
Details |
Market Size 2023 |
USDÂ 2,762.9 Mn |
Market Size 2024 |
USDÂ 3,154.1 Mn |
Market Size 2032 |
USDÂ 8,818.1 Mn |
Compound Annual Growth Rate (CAGR) |
12.42% (2024 - 2032) |
Base Year |
2023 |
Forecast Period |
2024 - 2032 |
Historical Data |
2019 & 2020 |
Forecast Units |
Value (USD Million) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Type, Manufacturing Process, Application and Region |
Geographies Covered |
North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Countries Covered |
The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Akzo Nobel N.V., Aminat, BASF SE, Delamine B.V., Diamines and Chemicals Limited, DowDuPont, Inc., Huntsman International LLC, Tosoh Corporation, LANXESS, and Parsol Chemicals Pvt. Ltd. |
Key Market Opportunities |
Rising investments in R&D activities for optimizing the product quality and technological advancement is expected to provide ample opportunities |
Key Market Dynamics |
There is a surging demand for the product in various end-use applications such as chelating agents, lube oil additives, epoxy curing agents, and polyamide resins |
Ethyleneamines Market Highlights:
Frequently Asked Questions (FAQ):
Volatile availability, health hazard, and fluctuating cost deter market growth.
The charge of leading the market was in North America’s hand.
China would lead the regional market changes.
Growing investment in R&D developments and surging intake of the product in surfactants, lube oil & fuel additives and in personal care & cosmetics.
The companies are Aminat, Akzo Nobel N.V., Delamine B.V., BASF SE, Huntsman International LLC, Diamines and Chemicals Limited, DowDuPont, Inc., LANXESS, Tosoh Corporation, and Parsol Chemicals Pvt. Ltd.