Ethanolamines Market Analysis, Growth, COVID-19 Overview, Demand and Industry Forecast 2023

 Ethanolamines Market Overview:

Ethanolamines are organic compounds produced as a result of the synthesis of ethylene oxide and ammonia. It serves as raw material for the manufacture of various solvents and formulations. The global ethanolamines market report by Market Research Future (MRFR) has been compiled keeping in mind the impact of the COVID-19 pandemic on the production and value chain. It contains drivers, restraints, opportunities, and threats for the period of 2017 to 2023 (forecast period).

Ethanolamines Market Scope

The global ethanolamines market is driven by the demand in surfactants and agrochemicals. Applications in metal cleaning, detergents, chemical intermediates, and herbicides can fuel the market demand significantly. The economic growth in developing regions and changing living standards of consumers can drive the market demand. The uptick in the production of fragrances, polishes, and textiles can work in favor of the market.

Ethanolamines Market Segmentation

The global ethanolamines market is segmented by product and application.

By product, it is segmented into monoethanolamine, diethanolamines, and triethanolamines. Triethanolamines can hold a major market share till the end of the forecast period owing to its utilization in sunscreens, detergents, shaving products, hair care products, and others. But diethanolamines can surpass its counterpart over the assessment period.

Major applications comprise textiles, detergents, cement, chemical intermediates, herbicides, metal cleaning, gas treatment, personal care, and others. Detergents are predicted to contribute majorly to the global ethanolamines market due to its application in emulsifying agents and anti-static agents. The purpose of cleaning facilities due to stringent regulations regarding work safety and production norms amid the outbreak of the COVID-19 pandemic can drive the need for ethanolamines.

Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/ethanolamines-market-5286

Competitive Outlook

Akzo Nobel N.V., SABIC, Jiaxing Jinyan Chemical Co. Ltd., The Dow Chemical Corporation, BASF SE, LyondellBasell Industries Holdings B.V., China Petroleum & Chemical Corporation, INEOS, Sintez OKA Group of Companies, Huntsman Corporation LLC, and others are key players of the global ethanolamines market.

Regional Analysis

Geographically, the market covers trends and opportunities across regions of Asia Pacific (APAC), North America, Europe, Latin America, and the Middle East & Africa (MEA).

APAC holds the lion’s share of the market due to growing demand for diethanolamines in metal cleaning, detergents, chemical intermediates, herbicides, and others. The surge in disposable income levels of consumers coupled with rapid urbanization can propel the market growth. Countries such as China, Japan, and India are the major players in this market.

North America is likely to showcase exemplary growth in regards to the global ethanolamines market due to high standards of living and consumption of personal care products. Investments in end-use industries are likely to drive the market in the region during the forecast period. The U.S., Canada, and Mexico are predicted to spur the demand in the market due to their flexibility, stability, and durability.

Europe can witness a drop in demand due to the restrictions on diethanolamines by the European Union for the manufacture of cosmetics. Alternative methods for the use of these chemicals can lead to new growth avenues for the global ethanolamines market.

Latin America is estimated to witness significant growth in the market due to the use of agrochemicals in the agriculture sector. The utilization of emulsifying agents and the growing use in herbicides and gas treatment can fuel the ethanolamines demand. Moreover, the MEA region can witness a slow growth in the market due to volatile prices of raw materials.

Read more reports at: https://www.marketresearchfuture.com/categories/chemicals-market-report

Read more details at: https://www.marketresearchfuture.com/infographics

Read more details at: https://www.marketresearchfuture.com/videos

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of market and industries. Cordially get in touch for more details.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Cold Insulation Market, Demand, Key Player profile, Size, Share, Trends, and Regional Outlook by 2030

Cold Insulation Market – Brief Insights Cold insulation forms an important part of industries that need better energy rates. Without these the manufacturing process would become quite tedious as a lot of energy would be lost. In the last few years, this process has established itself as pretty useful and proficient. And owing to this fact the global cold insulation market has gained momentum. In simple terms cold insulation can be explained as a procedure that is undertaken to avoid energy leakages in huge systems and also to enhance the energy efficiency. This technology forms an integral part of systems like HVAC and refrigerators. Furthermore, they have also proven to be proficient for industries like oil & gas and chemicals. On the whole, it can be concluded that the global cold insulation market is at its prime as of right now and it will continue to climb ladders of success in future as well. Market Scenario At present, the industrial segment is experiencing an all-ti
Read more

Fluorosurfactant Market Analysis, Growth, COVID-19 Overview, Demand and Industry Forecast 2023

Market Analysis   The global fluorosurfactant market is predicted to touch USD 806.09 million at a 9.8% CAGR between 2016- 2023, reveals the new Market Research Future (MRFR) report. Flurosurfactant or fluorinated surfactant is a type of coating additive which helps to improve wetting, levelling, and control foam. It also offers lower surface tension, especially in coating systems. Flurosurfactant is compatible with almost every polymer and stays active all through the curing and dyeing process. It is used in emulsion polymerizations to produce fluoropolymers. Cationic, amphoteric, anionic, non-ionic, and others are the different types of fluorosurfactants. Owing to its alluring features and key benefits, fluorosurfactants have a wide range of applications including electronics, oilfields, polishes, waxes, adhesives, polymers, paints and coatings, inks, sealers, fingerprint repellency, and stain repellence, among others.    Various factors are adding to the global fluorosurfact
Read more

Opacifiers Market Growth and Industry Forecast 2023

Opacifiers Market overview The global opacifiers market has been segmented by type, application, and region. By product, the global opacifiers market has been segmented into titanium dioxide, opaque polymers, zircon, zinc oxide, cerium oxide, antimony trioxide, tin oxide, and arsenic trioxide. Among these, the titanium dioxide is the leading segment owing to its extensive use as whitener, scattering visible light resulting in opaque color and creates reflective and bright quality when applied to a surface. Additionally, it is used as a thickener and pigment for creams and sunscreen products owing to its transparent and UV absorption characteristics. Based on application, the market has been segmented into paints & coatings, plastics, ceramics, paper, personal care, inks, fibers, home care, glass, and others. The paints & coatings segment accounted for a major market share in 2017 on account of the high demand for paints & coatings in major end-use industries such as
Read more