Global Ethanolamines Market 2027 Statistical Analysis, Key Segments, BenefitsPosted by asmita rai on April 27th, 2021 Global Ethanolamines Market Analysis The organic compounds which are composed of amino acids and formed by the reaction between ethylene oxide and ammonia are called ethanolamines. These compounds are utilized in various end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, they also provide versatility and reliability to the product. The global ethanolamines market has been driven by the range of its application in various sectors such as detergents, chemical intermediates, herbicides, and others. Moreover, it is estimated that the detergents segment is set to witness the highest growth in the market due to its growing demand in various end-user applications over the forecast period. The global ethanolamines market is segregated into the product and application. On the basis of the product, the market is further categorized into monoethanolamine, diethanolamines, and triethanolamines segments. The triethanolamines segment is most widely used due to its growing consumption in heavy end-use industries such as cosmetics, pharmaceuticals, chemicals, healthcare, and others. Moreover, durability and reliable nature are the major factors behind the popularity of this segment. The increasing use of these materials in metal cleaning, gas treatment, and other systems is estimated to drive the market during the assessment period. Top Key Players Some of the major players functioning in the global ethanolamines market are BASF SE (Germany), The Dow Chemical Corporation (U.S.), Akzo Nobel N.V. (the Netherlands), Huntsman Corporation LLC (U.S.), LyondellBasell Industries Holdings B.V. (U.S.), Sintez OKA Group of Companies (Russia), INEOS (U.K.), SABIC (Saudi Arabia), Jiaxing Jinyan Chemical Co. Ltd. (China) and China Petroleum & Chemical Corporation (China) among others.
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