Market Research Report
Global Monoethanolamine Market, 2014-2024: By Application (Personal Care Products, Daily Washing Products, Industrial Applications, and Others)
|Published by||Market Krystal||Product code||976106|
Delivery time: 1-2 business days
|Global Monoethanolamine Market, 2014-2024: By Application (Personal Care Products, Daily Washing Products, Industrial Applications, and Others)|
|Published: August 1, 2020||Content info:||
Monoethanolamine is an organic chemical compound and also known as 2-aminoethanol. It is a primary amine, a primary alcohol and a member of ethanolamines. Its molecular formula is HOCH2CH2NH2 (C2H7NO). Ethanolamine appears as a clear colorless liquid with an odor resembling that of ammonia. Its flash point is around 185°F. It is corrosive to tissue and may attack copper, brass, and rubber. It is moderately toxic. It produce toxic oxides of nitrogen on combustion. It is soluble in water.
Monoethanolamine can be categories based on purity into below 99% and above 99%. Monoethanolamine has wide range of end use industry application included personal care products, daily washing products, industrial applications, and others. Monoethanolamine is widely employed in manufacturing of detergents, soaps, surfactants and corrosion inhibitors. It is also important commercial chemical used to remove carbon dioxide and hydrogen sulfide from natural gas and other gases. It also found in the production of metalworking fluids and are also used as an antifreeze additive in lubricants for metalworking. In addition, it is widely used in personal care and home care industry included soaps, detergent, washing products, and hair coloring.
The global monoethanolamine research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global monoethanolamine market is growing at a fast pace and increasing its geographical footprint rapidly. The global monoethanolamine market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in APAC region due to rising demand from end use industry. The major growth driver for monoethanolamine market is extensive adoption in home care and personal care industry. Rising demand from textile industry for softener and dye auxiliaries application and widely adopted in chemical industry for removal of primary contaminant carbon dioxide (Co2) and hydrogen sulphide is expected to drive the monoethanolamine market globally.
The availability of various alternate and stringent regulations is the major impediment to the global monoethanolamine market growth.
Monoethanolamine enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of monoethanolamine market globally. The companies that lead global market are, Lubrizol, AkzoNobel, Colonial Chemical, Stepan, Ele Corporation, Enaspol, Kao, Kawaken, Miwon Commercial, K & FS, Zhejiang Zanyu, Kemei Chemical, Jiangsu Haian, and Haijie Chemical.
The research process includes the market segmentation of the global monoethanolamine market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global monoethanolamine market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: