Ethanolamines Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Ethanolamines Market Price Trends & Suppliers and it is Segmented by Product Type (Monoethanolamine, Diethanolamine, and Triethanolamine), End-user Industry (Agriculture, Construction, Personal Care, Oil and Gas, Metallurgy and Metalworking, Textile, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The market size and forecasts are provided in terms of revenue (USD million) for all the above segments.

Ethanolamines Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Ethanolamines Market Size

Ethanolamines Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Ethanolamines Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Ethanolamines Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Ethanolamines Market Analysis

The Ethanolamines Market is expected to register a CAGR of greater than 4% during the forecast period.

In 2020, COVID-19 negatively impacted the market. However, the market has now been estimated to have reached pre-pandemic levels and is forecast to grow steadily in the future.

  • Growing demand for applications, such as glyphosate herbicides and corrosion inhibitors, for metal protection is likely to drive the market. Furthermore, the increasing use of surfactants is also expected to benefit the market significantly.
  • However, rising weed resistance is expected to reduce glyphosate demand and stymie market growth.

The Asia-Pacific region is the biggest market and is expected to grow the fastest over the next few years because countries like China, India, and Japan are using more and more.

Ethanolamines Industry Overview

The ethanolamines market is naturally fragmented. Some of the major players in the market include BASF SE, Dow, Nouryon, SABIC, and Indorama Ventures Limited, among others (in no particular order).

Ethanolamines Market Leaders

  1. BASF SE

  2. Dow

  3. Nouryon

  4. SABIC

  5. Indorama Ventures Limited

  6. *Disclaimer: Major Players sorted in no particular order
Ethanolamines Market  Concentration
Need More Details on Market Players and Competiters?
Download PDF

Ethanolamines Market News

  • April 2022: BASF and SINOPEC announced the expansion of the Verbund site run by BASF-YPC Co., Ltd. (BASF-YPC), a 50-50 joint venture of both firms in Nanjing. The joint venture partners will increase the capacity for producing ethanolamines and other chemicals.
  • March 2022: BASF builds a new plant for alkyl ethanolamines at the Antwerp site to increase its global alkyl ethanolamine capacity to 140,000 metric tons per year.

Ethanolamines Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Rapid Industrialization Across the Globe
    • 4.1.2 Growing Construction Activities in the Asia-Pacific Region
  • 4.2 Restraints
    • 4.2.1 Increasing Weed Resistance to Weaken the Demand for Glyphosate
  • 4.3 Industry Value-chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Product Type
    • 5.1.1 Monoethanolamine (MEA)
    • 5.1.2 Diethanolamine (DEA)
    • 5.1.3 Triethanolamine (TEA)
  • 5.2 End-user Industry
    • 5.2.1 Agriculture
    • 5.2.2 Construction
    • 5.2.3 Personal Care
    • 5.2.4 Oil and Gas
    • 5.2.5 Metallurgy and Metalworking
    • 5.2.6 Textile
    • 5.2.7 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share(%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 BASF SE
    • 6.4.2 Dow
    • 6.4.3 Indorama Ventures Limited
    • 6.4.4 INEOS
    • 6.4.5 Jiaxing Jinyan Chemical Co. Ltd
    • 6.4.6 LyondellBasell Industries Holdings B.V.
    • 6.4.7 Nouryon
    • 6.4.8 SABIC
    • 6.4.9 Sintez OKA Group of Companies
    • 6.4.10 OUCC
    • 6.4.11 China Petrochemical Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Ethanolamines Industry Segmentation

Ethanolamines are colorless, viscous organic compounds used as feedstock in the production of various chemical compounds such as monoethanolamine (MEA), diethanolamines (DEA), and others that are further used in the manufacture of emulsifiers, detergents, pharmaceuticals, and other products. The ethanolamines market is divided into three sections: product type, end-user industry, and geography. By product type, the market is segmented into monoethanolamine, diethanolamine, and triethanolamine. By end-user industry, the market is segmented into agriculture, construction, personal care, oil and gas, metallurgy and metalworking, textiles, and other end-user industries. The report also covers the market size and forecasts for the market in 15 countries across the globe. For each segment, the market sizing and forecasts have been done on the basis of value (USD million).

Product Type Monoethanolamine (MEA)
Diethanolamine (DEA)
Triethanolamine (TEA)
End-user Industry Agriculture
Construction
Personal Care
Oil and Gas
Metallurgy and Metalworking
Textile
Other End-user Industries
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Ethanolamines Market Research FAQs

What is the current Ethanolamines Market size?

The Ethanolamines Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Ethanolamines Market?

BASF SE, Dow, Nouryon, SABIC and Indorama Ventures Limited are the major companies operating in the Ethanolamines Market.

Which is the fastest growing region in Ethanolamines Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Ethanolamines Market?

In 2025, the Asia-Pacific accounts for the largest market share in Ethanolamines Market.

What years does this Ethanolamines Market cover?

The report covers the Ethanolamines Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Ethanolamines Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Ethanolamines Industry Report

Statistics for the 2025 Ethanolamines market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ethanolamines analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.