Ethanolamines Market
Ethanolamines Market Analysis, By Product Type (Monoethanolamine, Diethanolamine and Triethanolamine), By End-user (Agriculture, Construction, Personal Care, Oil and Gas, Metallurgy and Metalworking, Textile and Other End-user Industries), and Region - Global Market Insights 2022 to 2032
Analysis of Ethanolamines Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ethanolamines Market Growth Outlook 2022 to 2032
The global sales of the ethanolamines market in 2021 were held at US$3.1 Billion With 4.1%, the projected market growth during 2022 to 2032 is expected to be significantly higher than the historical growth.
Monoethanolamine is expected to be the highest revenue-generating category, projected to register an opportunity of 3.7% CAGR 2022 to 2032.
historically, from 2017 to 2021, the market value of the Ethanolamines Market increased at around 4.8% CAGR.
Report Attributes | Details |
---|---|
Global Market CAGR (2022 to 2032) | 4.1% |
Global Market Size (2022) | US$ 3.2 Bn |
Global Market Size (2032) | US$ 4.8 Bn |
U.S. Market CAGR (2022 to 2032) | 3.9% |
Key Companies Covered | Huntsman Corporation; Dow Chemical Corporation; CNPC; BASF; Alkyl Amines Chemicals Ltd.; Thai Ethanolamines Co.; Daicel Chemical Industries; INEOS Oxide Ltd.; Fushun Beifang Chemical Co. Ltd.; Celanese Corporation; Akzo Nobel |
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Which Factors are Propelling Ethanolamines Market Demand?
With the increased use of ethanolamines by end-use sectors including detergents, herbicides, and textiles, the market expansion is expected to be driven by increased demand in the agricultural sector.
Ethanolamines are commonly exploited as a raw material in the production of solvents, polishes, and medications. Demand for building chemicals and protective coatings for metal shielding is anticipated to grow as the application is then used to a greater degree.
Over upcoming years, anticipated growth in surfactant used in the United States and Western Europe is likely to drive the market expansion.
What are the restraining factors in Ethanolamines Market?
Over the forecast years, volatile raw material costs are expected to stymie the market expansion and provide a challenge to industry participants. The price of ammonia has been rising in the chemical commodities market, which has a direct impact on the overall price of amines.
Due to production expansions and increased expenditures, the industry is suffering from an excess of raw materials. The industry's development is expected to be hindered by increased weed resistance, which will reduce the demand for glyphosate.
Besides, stringent restrictions and health concerns created by the ill effects of these substances on human well-being are two key hurdles facing the global market. To prevent contamination from carcinogenic nitrosamines, the European Commission restricted the use of DEA in cosmetics.
Medical research has been undertaken to see how this chemical affects the human liver, and in the last decade, correlations to liver cancers have been discovered. This restricts the use of these compounds in a variety of applications, and viable alternatives have emerged at the very same time.
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Region-wise Analysis
Which Region is projected to Offer the Largest Opportunity for Ethanolamines Market?
Rapid industrialization in the Asia Pacific especially in countries like India and China is projected to drive market growth throughout the forecast period. Overall Asia pacific is predicted to grow at a faster pace throughout the projected timeframe due to the strong infrastructural growth, and rising agrochemical and surfactant demand.
In the forthcoming years, low-cost production, particularly in India, is expected to be a significant driver for regional market growth. Demand in the area is likely to be driven by manufacturing industry expansion and growing income levels in countries like Vietnam and Thailand. Because of significant demand from end-use sectors such as care and hygiene products, detergents, and herbicides, the market in North America is expected to rise rapidly.
Due to market concentration in end-use sectors, the market in Europe is projected to develop at a moderate rate during the next seven years. Increased use of agrochemicals and herbicides in the area is expected to boost industry growth throughout the forecast period.
Country-wise Analysis
U.S. Ethanolamines Market Analysis
The United States is expected to account for the largest market globally, accounting for US$ 1.7 Billion by the end of 2032. Along with China, the United States is a key ethanolamine user.
The market for ethanolamines is likely to benefit from increased technology and the advancement of new applications. Due to increased household consumption from end use sectors in developing countries such as India and China there is tremendous growth in the upcoming years.
U.K. Ethanolamines Market Analysis
The market in the U.K. is expected to surge at a CAGR of 3.1% during 2022 to 2032. The market in the country is expected to reach a valuation of US$ 200 Mn, registering an absolute dollar opportunity of US$ 100 Mn during 2022 to 2032.
China Ethanolamines Market Analysis
In China, the market is projected to reach a valuation of US$ 300 Mn by 2032. The market in the country is expected to gross an absolute dollar opportunity of US$ 100 Mn during 2022 to 2032.
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Category-wise Insights
Why Monoethanolamines Demand is Skyrocketing?
Monoethanolamine is expected to account for a CAGR of 3.7% during the forecast period. Ethanolamines are being used to make bath foams, liquid soaps, and shampoos in the personal care products and cosmetics business.
CO2 capture is working on optimizing CO2 absorption utilizing amines mostly monoethanolamine in order to reduce energy consumption and enhance absorption efficiency. The increased demand for acid gas removal, such as Hydrogen sulfide from natural gas, olefins cracker output, and refinery streams, is driving up Monoethanolamine demand.
Which End-user Industry Generates Significant Revenue for Ethanolamines Market?
The Agriculture end-user sector is expected to be the prominent end-user of ethanolamines, expected to register a CAGR of 3.9% by the end of 2032. Growing agrochemical demand from agricultural operations, as well as the need for various cleaning procedures in a variety of end-user sectors, are among the causes for these markets to expand the fastest over the projection period.
Despite the fact that the new market is overcapacity, the development and installation of new manufacturing plants in various countries have been reported to result in significant market growth in the coming years. Innovative uses, such as wood preservation and agricultural chemical manufacture, are opening up new avenues for ethanolamine production companies.
Ethanolamine also has important applications in corrosion inhibitors for metal shielding and construction chemicals. These compounds are mostly used to make surfactants, which are used in a variety of products such as detergents, emulsions, fabric softeners, paint, ink, adhesives, cosmetics, and biocides.
Ethanolamines are utilized in the manufacture of metalworking fluids and as an antifreeze component in metalworking lubricants. As steel production has increased in recent years, the metallurgy and metalworking industry is supporting market growth.
Competitive Analysis
Some of the key companies in the market include Huntsman Corporation, Dow Chemical Corporation, CNPC, BASF, Alkyl Amines Chemicals Ltd., Thai Ethanolamines Co., Daicel Chemical Industries, INEOS Oxide Ltd., Fushun Beifang Chemical Co. Ltd., Celanese Corporation and Akzo Nobel.
Some of the recent developments in the Ethanolamines Industry are:
- In Feb 2022, the restructuring and enhancement project of PetroChina Jilin Petrochemical Company has begun. The Jilin project is a key aspect of CNPC's efforts to meet its goals and foster strong growth in its petrochemical and refinery operations. It utilizes cutting-edge environment conservation and energy-saving technology for green supply chain management as CNPC's first chemical project totally powered by green energy. The project requires the building of 21 new facilities, including an ethylene plant, as well as the refurbishment and closure of nine existing facilities. The project will assist CNPC's petrochemical and refinery operations, and also the expansion of the local petrochemical industrial chain and the rejuvenation of Northeast China.
- In September 2021, Huntsman announced the capacity expansion of polyurethane catalysts and specialty amino acids at its Petfurdo, Hungary facility. By mid-2023, the multimillion-dollar investment project is likely to be finished. Huntsman expects the brownfield site to boost worldwide capacity and offer greater flexibility and new technologies to the polyurethane, coatings, metalworking, and electronics sectors.
- In August 2021, BASF and SINOPEC will expand its Verbund facility in Nanjing, China, which is run by BASF-YPC Co., Ltd. (BASF-YPC), a 50-50 partnership between the two firms. It comprises the development of various downstream chemical factories, as well as the construction of a new tert-butyl acrylate factory to cater to the booming Chinese market.
The collaborators will increase ethyleneamines, ethanolamines, propionic acid, propionic aldehyde, and purified ethylene oxide manufacturing capacity, as well as construct a new tert-butyl acrylate factory. For a long time, SINOPEC and BASF have worked closely together, diligently implementing relevant national and local government requirements to speed up the transition and eco-friendly advancement of the petrochemical industry, continuously optimizing the industrial structure, and promoting the further augmentation of the industry value chain to the downstream.
Similarly, more recent developments related to companies in Ethanolamines Market services have been tracked by the team at Fact.MR, which are available in the full report.
Market Segments Covered in Ethanolamines Market Analysis
-
By Product type
- Monoethanolamine (MEA)
- Diethanolamine (DEA)
- Triethanolamine (TEA)
-
By End-user Industry
- Agriculture
- Construction
- Personal Care
- Oil and Gas
- Metallurgy and Metalworking
- Textile
- Other End-user Industries
-
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By End-user Industry
- 8.1. Agriculture
- 8.2. Construction
- 8.3. Personal Care
- 8.4. Oil and Gas
- 8.5. Metallurgy and Metalworking
- 8.6. Textile
- 8.7. Other End-user Industries (Chemicals, Detergents)
- 9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Product Type
- 9.1. Monoethanolamine (MEA)
- 9.2. Diethanolamine (DEA)
- 9.3. Triethanolamine (TEA)
- 10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. Asia Pacific
- 10.5. Middle East and Africa (MEA)
- 11. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 12. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 13. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 14. Asia Pacific Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 15. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 16. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. BASF SE
- 18.2. DOW
- 18.3. Indorama Ventures Limited
- 18.4. INEOS
- 18.5. Jiaxing Jinyan Chemical Co., Ltd.
- 18.6. LyondellBasell Industries N.V.
- 18.7. Nouryon
- 18.8. OUCC
- 18.9. SABIC
- 18.10. Penta Manufacturer
- 18.11. Sintez OKA Group of Companies
- 19. Assumptions and Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn), By End-user Industry, 2015 to 2021
Table 2: Global Market Value (US$ Mn), By End-user Industry, 2022 to 2032
Table 3: Global Market Value (US$ Mn), By Product Type, 2015 to 2021
Table 4: Global Market Value (US$ Mn), By Product Type, 2022 to 2032
Table 5: Global Market, By Region, 2015 to 2021
Table 6: Global Market, By Region, 2022 to 2032
Table 7: North America Market Value (US$ Mn), By End-user Industry, 2015 to 2021
Table 8: North America Market Value (US$ Mn), By End-user Industry, 2022 to 2032
Table 9: North America Market Value (US$ Mn), By Product Type, 2015 to 2021
Table 10: North America Market Value (US$ Mn), By Product Type, 2022 to 2032
Table 11: North America Market, By Country, 2015 to 2021
Table 12: North America Market, By Country, 2022 to 2032
Table 13: Latin America Market Value (US$ Mn), By End-user Industry, 2015 to 2021
Table 14: Latin America Market Value (US$ Mn), By End-user Industry, 2022 to 2032
Table 15: Latin America Market Value (US$ Mn), By Product Type, 2015 to 2021
Table 16: Latin America Market Value (US$ Mn), By Product Type, 2022 to 2032
Table 17: Latin America Market, By Country, 2015 to 2021
Table 18: Latin America Market, By Country, 2022 to 2032
Table 19: Europe Market Value (US$ Mn), By End-user Industry, 2015 to 2021
Table 20: Europe Market Value (US$ Mn), By End-user Industry, 2022 to 2032
Table 21: Europe Market Value (US$ Mn), By Product Type, 2015 to 2021
Table 22: Europe Market Value (US$ Mn), By Product Type, 2022 to 2032
Table 23: Europe Market, By Country, 2015 to 2021
Table 24: Europe Market, By Country, 2022 to 2032
Table 25: Asia Pacific Market Value (US$ Mn), By End-user Industry, 2015 to 2021
Table 26: Asia Pacific Market Value (US$ Mn), By End-user Industry, 2022 to 2032
Table 27: Asia Pacific Market Value (US$ Mn), By Product Type, 2015 to 2021
Table 28: Asia Pacific Market Value (US$ Mn), By Product Type, 2022 to 2032
Table 29: Asia Pacific Market, By Country, 2015 to 2021
Table 30: Asia Pacific Market, By Country, 2022 to 2032
Table 31: MEA Market Value (US$ Mn), By End-user Industry, 2015 to 2021
Table 32: MEA Market Value (US$ Mn), By End-user Industry, 2022 to 2032
Table 33: MEA Market Value (US$ Mn), By Product Type, 2015 to 2021
Table 34: MEA Market Value (US$ Mn), By Product Type, 2022 to 2032
Table 35: MEA Market, By Country, 2015 to 2021
Table 36: MEA Market, By Country, 2022 to 2032
Table 37: Global Market Incremental $ Opportunity, By End-user Industry, 2015 to 2021
Table 38: Global Market Incremental $ Opportunity, By Product Type, 2022 to 2032
Table 39: Global Market Incremental $ Opportunity, By Region, 2022 to 2032
Table 40: North America Market Incremental $ Opportunity, By End-user Industry, 2015 to 2021
Table 41: North America Market Incremental $ Opportunity, By Product Type, 2022 to 2032
Table 42: North America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 43: Latin America Market Incremental $ Opportunity, By End-user Industry, 2015 to 2021
Table 44: Latin America Market Incremental $ Opportunity, By Product Type, 2022 to 2032
Table 45: Latin America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 46: Europe Market Incremental $ Opportunity, By End-user Industry, 2015 to 2021
Table 47: Europe Market Incremental $ Opportunity, By Product Type, 2022 to 2032
Table 48: Europe Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 49: Asia Pacific Market Incremental $ Opportunity, By End-user Industry, 2015 to 2021
Table 50: Asia Pacific Market Incremental $ Opportunity, By Product Type, 2022 to 2032
Table 51: Asia Pacific Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 52: MEA Market Incremental $ Opportunity, By End-user Industry, 2015 to 2021
Table 53: MEA Market Incremental $ Opportunity, By Product Type, 2022 to 2032
Table 54: MEA Market Incremental $ Opportunity, By Country, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn
Figure 3: Global Market Share, By End-user Industry, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Projections, By End-user Industry to 2022 to 2032
Figure 5: Global Market Attractiveness Index, By End-user Industry to 2022 to 2032
Figure 6: Global Market Share, By Product Type, 2022 & 2032
Figure 7: Global Market Y-o-Y Growth Projections, By Product Type to 2022 to 2032
Figure 8: Global Market Attractiveness Index, By Product Type to 2022 to 2032
Figure 9: Global Market Share, By Region, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By Region to 2022 to 2032
Figure 11: Global Market Attractiveness Index, By Region to 2022 to 2032
Figure 12: North America Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 13: North America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 14: North America Market Share, By End-user Industry, 2022 & 2032
Figure 15: North America Market Y-o-Y Growth Projections, By End-user Industry to 2022 to 2032
Figure 16: North America Market Attractiveness Index, By End-user Industry to 2022 to 2032
Figure 17: North America Market Share, By Product Type, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Projections, By Product Type to 2022 to 2032
Figure 19: North America Market Attractiveness Index, By Product Type to 2022 to 2032
Figure 20: North America Market Share, By Country, 2022 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 22: North America Market Attractiveness Index, By Country to 2022 to 2032
Figure 23: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 24: Latin America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 25: Latin America Market Share, By End-user Industry, 2022 & 2032
Figure 26: Latin America Market Y-o-Y Growth Projections, By End-user Industry to 2022 to 2032
Figure 27: Latin America Market Attractiveness Index, By End-user Industry to 2022 to 2032
Figure 28: Latin America Market Share, By Product Type, 2022 & 2032
Figure 29: Latin America Market Y-o-Y Growth Projections, By Product Type to 2022 to 2032
Figure 30: Latin America Market Attractiveness Index, By Product Type to 2022 to 2032
Figure 31: Latin America Market Share, By Country, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 33: Latin America Market Attractiveness Index, By Country to 2022 to 2032
Figure 34: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 35: Europe Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 36: Europe Market Share, By End-user Industry, 2022 & 2032
Figure 37: Europe Market Y-o-Y Growth Projections, By End-user Industry to 2022 to 2032
Figure 38: Europe Market Attractiveness Index, By End-user Industry to 2022 to 2032
Figure 39: Europe Market Share, By Product Type, 2022 & 2032
Figure 40: Europe Market Y-o-Y Growth Projections, By Product Type to 2022 to 2032
Figure 41: Europe Market Attractiveness Index, By Product Type to 2022 to 2032
Figure 42: Europe Market Share, By Country, 2022 & 2032
Figure 43: Europe Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 44: Europe Market Attractiveness Index, By Country to 2022 to 2032
Figure 45: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 46: MEA Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 47: MEA Market Share, By End-user Industry, 2022 & 2032
Figure 48: MEA Market Y-o-Y Growth Projections, By End-user Industry to 2022 to 2032
Figure 49: MEA Market Attractiveness Index, By End-user Industry to 2022 to 2032
Figure 50: MEA Market Share, By Product Type, 2022 & 2032
Figure 51: MEA Market Y-o-Y Growth Projections, By Product Type to 2022 to 2032
Figure 52: MEA Market Attractiveness Index, By Product Type to 2022 to 2032
Figure 53: MEA Market Share, By Country, 2022 & 2032
Figure 54: MEA Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 55: MEA Market Attractiveness Index, By Country to 2022 to 2032
Figure 56: Asia Pacific Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 57: Asia Pacific Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 58: Asia Pacific Market Share, By End-user Industry, 2022 & 2032
Figure 59: Asia Pacific Market Y-o-Y Growth Projections, By End-user Industry to 2022 to 2032
Figure 60: Asia Pacific Market Attractiveness Index, By End-user Industry to 2022 to 2032
Figure 61: Asia Pacific Market Share, By Product Type, 2022 & 2032
Figure 62: Asia Pacific Market Y-o-Y Growth Projections, By Product Type to 2022 to 2032
Figure 63: Asia Pacific Market Attractiveness Index, By Product Type to 2022 to 2032
Figure 64: Asia Pacific Market Share, By Country, 2022 & 2032
Figure 65: Asia Pacific Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 66: Asia Pacific Market Attractiveness Index, By Country to 2022 to 2032
Figure 67: US Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 68: US Market Share, By End-user Industry, 2021
Figure 69: US Market Share, By Product Type, 2021
Figure 70: Canada Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 71: Canada Market Share, By End-user Industry, 2021
Figure 72: Canada Market Share, By Product Type, 2021
Figure 73: Brazil Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 74: Brazil Market Share, By End-user Industry, 2021
Figure 75: Brazil Market Share, By Product Type, 2021
Figure 76: Mexico Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 77: Mexico Market Share, By End-user Industry, 2021
Figure 78: Mexico Market Share, By Product Type, 2021
Figure 79: Germany Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 80: Germany Market Share, By End-user Industry, 2021
Figure 81: Germany Market Share, By Product Type, 2021
Figure 82: U.K. Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 83: U.K. Market Share, By End-user Industry, 2021
Figure 84: U.K. Market Share, By Product Type, 2021
Figure 85: France Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 86: France Market Share, By End-user Industry, 2021
Figure 87: France Market Share, By Product Type, 2021
Figure 88: Italy Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 89: Italy Market Share, By End-user Industry, 2021
Figure 90: Italy Market Share, By Product Type, 2021
Figure 91: BENELUX Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 92: BENELUX Market Share, By End-user Industry, 2021
Figure 93: BENELUX Market Share, By Product Type, 2021
Figure 94: Nordic Countries Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 95: Nordic Countries Market Share, By End-user Industry, 2021
Figure 96: Nordic Countries Market Share, By Product Type, 2021
Figure 97: China Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 98: China Market Share, By End-user Industry, 2021
Figure 99: China Market Share, By Product Type, 2021
Figure 100: Japan Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 101: Japan Market Share, By End-user Industry, 2021
Figure 102: Japan Market Share, By Product Type, 2021
Figure 103: South Korea Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 104: South Korea Market Share, By End-user Industry, 2021
Figure 105: South Korea Market Share, By Product Type, 2021
Figure 106: GCC Countries Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 107: GCC Countries Market Share, By End-user Industry, 2021
Figure 108: GCC Countries Market Share, By Product Type, 2021
Figure 109: South Africa Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 110: South Africa Market Share, By End-user Industry, 2021
Figure 111: South Africa Market Share, By Product Type, 2021
Figure 112: Turkey Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 113: Turkey Market Share, By End-user Industry, 2021
Figure 114: Turkey Market Share, By Product Type, 2021
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the current worth of the Ethanolamines Market?
The global market is worth more than US$ 3.1 Bn at present.
What is the sales forecast for the Ethanolamines Market?
The value of the Ethanolamines Market is projected to increase at a CAGR of around 4.1% during 2022 to 2032.
At what percentage are sales of the Ethanolamines Market going to register growth in the US?
The market in the US is projected to expand at a CAGR of around 3.9% during 2022 to 2032.
What is a key trend shaping the growth of the Ethanolamines Market?
The demand for building compounds and protective coatings for metal protection is predicted to shape the growth of the Ethanolamines Market as the application scope expands.
What was the last 5 year’s market CAGR?
The value of the Ethanolamines Market increased at a CAGR of around 4.8% during 2017 to 2021.