Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Ethanolamines Market

Ethanolamines Market Share

Report ID: GMI737
Published Date: Aug 2016
Report Format: PDF

Download Free Sample

Ethanolamines Market Share

Major key players in the ethanolamines industry include

The Dow Chemical Company
INEOS Group Ltd.
SABIC
LyondellBasell Industries N.V
Huntsman Corporation
China Chemical & Petroleum Corporation
BASF-YPC Company Ltd.
Sintez OKA LLC

Global market share is moderately fragmented and the top 5 players accounted for approximately half the total demand in 2015.

Current industry strategy seems to focus on product expansions and R&D activities in order to enhance and boost market demand in the near future. Key industry participants are looking to increase their capacities in order to tap the wide range of applications for ethanolamines. Numerous private players in China and India are also likely to show a boost in the ethanolamines market revenue.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The ethanolamines market size was valued at USD 2.79 billion in 2015 and is expected to grow at 4.1% CAGR through 2024. The escalating demand from surfactants and agrochemical, strong infrastructure growth, and natural gas processing are expected to spur the industry growth.

The diethanolamines product segment valued at over USD 1 billion in 2015 and is likely to grow at a CAGR of 4% through 2024.

Surfactant applications dominated the ethanolamine industry share and accounted for more than 25% revenue in 2015. The segment may witness substantial growth due to surging agricultural activities and rising demand for various cleaning processes

The ethanolamines industry in the Asia Pacific region, especially in India and China, generated a revenue of over USD 1 billion in 2015 and is likely to see strong growth based on domestic consumption.