Ethanolamines Market will show exponential growth via surfactant applications up to 2024

Oct 3, 2019

Key participants in the ethanolamines market are The Dow Chemical Company, Huntsman Corporation, SABIC, China Chemical & Petroleum Corporation, etc.

Sellbyville, United States - October 3, 2019 /MarketersMedia/ —

Ethanolamines Market in surfactants application will witness substantial over the forecast timespan. Surfactants are increasingly used in detergents & cleaners, cosmetics, lubricants, etc. Rapid industrial development all around the globe has increased the demand for industrial detergents and cleaners. Stringent regulations relating to workplace and industrial cleanliness has also increased demand for surfactants needed in cleaners. Higher disposable income and willingness to spend on personal grooming has resulted in increased growth in cosmetics and personal care products sector.

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Ethanolamines Market from herbicides and chemical intermediates sectors is poised to register lucrative gains during the forecast period. The growth can be attributed to the increasing use of these agrochemicals in the farming activities and other end use sectors. Extensive application of ethanolamines in other sectors such as paints & coatings, textiles, and cosmetics is projected to propel the market growth over the next few years.

Ethanolamines Market may face challenges in the future due to the possible harmful effects of the compound on human health. Studies have linked the compound with liver tumors and the European Union banned the use of DEA in cosmetic products due to its carcinogenic nature. There is a possibility of safer compounds to substitute the product in the future and ultimately hinder the ethanolamines market growth.

Global ethanolamines market is segmented into six application categories including surfactants, chemical intermediaries, herbicides, gas treatment, cement and others. Surfactants was the most prominent application segment in 2015, accounting for more than a quarter of the overall revenue. High demand for industrial cleaners will augment the growth of this segment. Herbicide and chemical intermediary segments are anticipated to grow at a healthy rate till 2024 due to high growth in chemical industries sector and increasing demand for agrochemicals. These two segments together occupied more than two fifth of the overall ethanolamines market.

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Latin America and North America are predicted to demonstrate positive growth in future. U.S. ethanolamines market share that was higher than 400 kilo tons for 2015 today contributes more than 84.1% of overall North American industry share in terms of revenue.

Key participants in the ethanolamines market are The Dow Chemical Company, Huntsman Corporation, SABIC, China Chemical & Petroleum Corporation, LyondellBasell Industries, Sintez OKA, BASF-YPC Company, INEOS Group, and others. Market players are trying to gain an advantage over their rivals by R&D investments and product & capacity expansions.

Glimpse of Table of Content (ToC)

Chapter 5 Ethanolamines Application Insights

5.1 Ethanolamines market share by application, 2015 & 2024

5.2 Surfactants

5.2.1 Global Ethanolamines market estimates and forecast, 2013 - 2024

5.2.2 Global Ethanolamines market estimates and forecast, by region, 2013 - 2024

5.3 Chemical intermediates

5.3.1 Global Ethanolamines market estimates and forecast, 2013 - 2024

5.3.2 Global Ethanolamines market estimates and forecast, by region, 2013 – 2024

5.4 Herbicides

5.4.1 Global market estimates and forecast, 2013 - 2024

5.4.2 Global market estimates and forecast, by region, 2013 - 2024

5.5 Gas Treatment

5.5.1 Global market estimates and forecast, 2013 - 2024

5.5.2 Global market estimates and forecast, by region, 2013 - 2024

5.6 Cement

5.6.1 Global market estimates and forecast, 2013 - 2024

5.6.2 Global market estimates and forecast, by region, 2013 - 2024

5.7 Others

5.7.1 Global market estimates and forecast, 2013 - 2024

5.7.2 Global market estimates and forecast, by region, 2013 - 2024

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