DUBLIN--(BUSINESS WIRE)--The "Global
Ethanolamines Market - Segmented by Product Type, Application and
Geography - Growth, Trends and Forecast (2018 - 2023)" report
has been added to ResearchAndMarkets.com's offering.
The global ethanolamines market is expected to witness a CAGR of approximately 4.4% during the forecast period.
Ethanolamines are corrosive, colorless, flammable, and viscous liquids that are produced by the reaction of ethylene oxide and ammonia. It is required in various industries for applications such as cement grinding, gas treatment, pharmaceuticals, agricultural, and personal care products. The demand for ethanolamines from corrosion inhibitors for metal protection, and glysophate herbicides are expected to drive the market extensively during the forecast period.
Cement grinding dominates the market for ethanolamines by application. This is due to the rising demand from the construction sector because of the increasing construction activities in developing nations including India, Indonesia, Thailand, and China. Additionally, the rising investments in the construction sector from both the government and international companies in these economies are expected to boost the demand for ethanolamines from the cement grinding segment.
Asia-Pacific held the largest share, followed by North America. Asia-Pacific is also expected to be the fastest growing region during the forecast period due to the growth in the textiles, herbicides, and personal care segments. In China, new plants have been constructed that require MEA as a raw material.
- BASF SE
- Celanese Corporation
- Chemitron Ltd.
- Dow Chemicals
- Huntsman Corporation
- INEOS Oxide Ltd.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/vtwnzn/global?w=4