Ethanolamines Market Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025
Ethanolamines are colorless, viscous organic compound with molecular formula HOCH2CH2NH2. These are used as a feedstock in the manufacture of Monoethanolamines (MEA), Diethanolamines (DEA) and Triethanolamines (TEA), which finds wide application in the production of emulsifiers, detergents, polishes, chemical intermediates, corrosion inhibitors and pharmaceuticals. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/378 On the basis of application, the global ethanolamine market can be segmented as surfactants, herbicides, chemicals intermediates, textiles, gas treatments, gas treatment and metal treatment. Herbicides segment is expected to witness highest growth rate during the forecast period, followed by textile and surfactants. Other major applications of ethanolamine are in the field of corrosion inhibitors for metal protection and construction chemicals. These chemicals are largely used in the production of surfactants, which finds wide applications in detergents, emulsions, fabric softeners, paints, inks, adhesives, cosmetics, biocides, among others. Surfactants application segment dominated the ethanolamines market in 2016. Ethanolamines are also used in various cosmetics and personal care industry for manufacturing of bath foams, liquid soaps and shampoos. However, the use of diethanolamines in cosmetics had banned by The European Commission in order to lower the contamination from carcinogenic nitrosamines. Also, many studies prove the ill-effects of this chemical on liver and links have been found to liver tumors in the past decades. According to U.S. Department of Health and Human Services -- NIH Publication No. 92-3343, in October 1992, proves the ill effects of diethanolamines on liver and also links have been found to liver tumor in past decades. Construction industry uses triethanolamines, which is used as cement grinding aids and performance enhancers in order to reduce the energy consumption and to improve the quality of cement. Increasing infrastructure development in emerging economy such as China, India, Brazil, UAE and Saudi Arabia is expected to boost the demand for triethanolamines application segment, which in turn is increasing the demand for ethanolamines during 2017-2025. For instance, as per statistics released by India Brand Equity Foundation (IBEF)—a Trust established by the Department of