Title: PPT for Ethanolamines Market: Global Market Insights, Inc.
1Ethanolamines Market 2013 - 2024
Ethanolamines Market Size By Product
(Monoethanolamine MEA, Diethanolamines DEA,
Triethanolamines TEA), By Application
(Surfactants, Chemical Intermediates, Herbicides,
Gas Treatment, Cement), Industry Analysis Report,
Regional Outlook (U.S., Canada, Germany, UK,
France, Spain, Italy, China, India, Japan,
Australia, Indonesia, Malaysia, Brazil, Mexico,
South Africa, GCC), Application Potential, Price
Trends, Competitive Market Share Forecast, 2013
- 2024
2Global Market Scenario of Ethanolamines
- Ethanolamines Market size was USD 2.79 billion in
2015, and is anticipated to grow at a CAGR of
4.1 between 2016 and 2024. - Rising demand from agrochemical and surfactants,
strong infrastructure growth in Asia Pacific and
substantially potential demand from natural gas
processing are likely to spur global
ethanolamines market size. - Despite various challenges, the diethanolamines
market size is likely to be the most attractive
product segment globally, with revenue of more
than USD 1 billion in 2015, with growth forecast
of more than 4 between 2016 and 2024. - Triethanolamines was the largest product segment
in 2015 and is expected to grow with a favorable
CAGR over the duration of the forecast period due
to the wide range of applications it caters to.
DEA is likely to surpass the TEA market in terms
of both volume and revenue by 2024.
3Continue.....
- Demand from other applications such as paints
coatings, cosmetics, textiles, additives, among
others, is also likely to help the global
industry grow in coming years. - Ever-rising integration in the value chain, along
with a fragmented industry moving towards
consolidation within a few key players, is likely
to increase competition. - Major challenges faced by the global
ethanolamines market include stringent
regulations and health concerns raised by the
ill-effect of these chemicals on human
well-being. - Medical studies have been conducted to test the
effect of this chemical on human liver and links
have been found to liver tumors in the past
decade. This limits the usage of these chemicals
in a wide range of applications and suitable
substitutes have found a path to enter the market
at the same time. - Get more detail _at_ https//www.gminsights.com/indus
try-analysis/ethanolamines-market
4U.S. Ethanolamines Market size, by product,
2013-2024 (KT)
https//www.gminsights.com/industry-analysis/ethan
olamines-market
5360 Analysis
- Application Analysis
- Surfactant applications led the ethanolamine
market share and accounted for over 25 of the
global revenue in 2015. Chemical intermediates
and herbicides accounted for over 40 of the
ethanolamines market size with moderate gains
forecast by 2024. - Growing agrochemicals industry arising due to a
growing demand from agricultural activities and
demand from various cleaning processes in
numerous end-user industries are some of the
reasons for these markets to exhibit the quickest
growth numbers over the forecast period. - Regional Analysis
- Asia Pacific, particularly, China and India
ethanolamines market size, generated over USD 1
billion in revenues in 2015 and this region is
likely to see strong growth based on domestic
consumption. - APAC and Middle East Africa (MEA) are forecast
to be the most favorable regions for the by
2024. - Europe ethanolamines market continues to explore
alternates to substitute the growing demand for
other applications. North America and Latin
America are expected to display a favorable
growth pattern in coming years.
6- Competitive Market Share
- Major industry players 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, among others.
Global ethanolamines 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 RD 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 revenue demand. - Get more detail _at_ https//www.gminsights.com/indus
try-analysis/ethanolamines-market
7 Latest Research Report On Ethanolamines Market _at_
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