Global Ethanolamines Market Global Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

 

Ethanolamines Market
Ethanolamines Market

Ethanolamines are organic compounds with the colourless, viscous HOCH2CH2NH2 molecular formula. These are used as a raw material to produce monoethanolamines (MEA), diethanolamines (DEA), and triethanolamines (TEA), which are widely used to make emulsifiers, detergents, polishes, chemical intermediates, corrosion inhibitors, and pharmaceuticals.

Triethanolamines are used in the construction industry as performance enhancers and grinding aids for cement to lower energy consumption and enhance cement quality. Increased infrastructure construction in developing nations like China, India, Brazil, the UAE, and Saudi Arabia is anticipated to drive demand for the triethanolamines application segment, which will drive demand for ethanolamines over the period of 2017 to 2025.

Diethanolamines are anticipated to experience the fastest rate of growth among product types in the ethanolamines market during the anticipated time frame. This is because it is widely used as a raw material in the production of herbicides. Due to the rising demand for diethanolamines, glyphosate is used as a herbicide to kill weeds and grasses in the agricultural sector. Additionally, diethanolamine aqueous solutions are used in the petrochemical and refinery industries as gas scrubbing agents to treat natural gas. This fuels the market segment's expansion for ethanolamines.

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