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Monoethanolamine Market Growth Analysis - Market Size, Share, Forecast Trends and Outlook Report (2025-2034)

Market Report I 2025-08-12 I 166 Pages I EMR Inc.

The monoethanolamine market reached a volume of 2.04 MMT in 2024. The market is projected to grow at a CAGR of 3.40% between 2025 and 2034 to reach nearly a volume of 2.85 MMT by 2034.

Extensive Demand from the Application Sectors to Contribute to the Growth of the Monoethanolamine Industry

The monoethanolamine industry is being aided by the rising demand for the product from its wide application sectors, such as detergents and cleaning. Further, the growing demand from pharmaceutical and cosmetic industries is providing a boost to the market growth. The product finds its use in the cosmetic industry as a pH controller. Moreover, factors such as rising disposable incomes, changing lifestyles, and growing urbanisation are together contributing to the market growth of the product due to the enhanced affordability of such new age products. The market is expected to thrive owing to the rising use of pesticides in agricultural activities. Pesticide includes monoethanolamine in its formulation. As a result, the expansion of agricultural activities supports the growth of the monoethanolamine industry.

Monoethanolamine: Market Segmentation

Monoethanolamine, variously known as ?-Aminoethanol, is an organic compound having characteristics such as being colourless, flammable, and toxic. It produces an ammonia-like odour. The product is widely used in pure form and in the liquid form.

On the basis of application, the market is divided into:

- Detergents
- Personal Care
- Textile
- Wood Preservation
- Agrochemical
- Metal Cutting
- Others

The regional markets for the product include:

- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa

Rising Demand from Textile Industry to Aid the Global Market Growth of Monoethanolamine

The market is driven by the extensive application of monoethanolamine in the chemical industry and detergents and personal care products . Further, the metal cutting applications offered by monoethanolamine are finding great use in the textile industry. The product finds application in textiles in the preparation of softeners and dye auxiliaries due to its hygroscopic property derived principally from alcohols. Monoethanolamine is used in the lubricants to prevent them from corroding due to the presence of acidic additives.

Within the chemical industry, the product is used in the removal of primary contaminant carbon dioxide (Co2) and hydrogen sulphide, popularly known as gas scrubbing or gas sweetening. Further, the demand for the product is rising in the production of laundry detergents as it offers alkaline permissibility, which makes it suitable for cleaning and prevents the deposition of soil or dirt on clothes.

Key Industry Players in the Global Monoethanolamine Market

The report gives a detailed analysis of the following key players in the global monoethanolamine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

- Nippon Shokubai Co., Ltd.
- BASF SE
- Dow Chemical Company
- Nouryon
- Saudi Basic Industries Corporation (SABIC)
- Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Monoethanolamine Market Analysis
5.1 Key Industry Highlights
5.2 Global Monoethanolamine Historical Market (2018-2024)
5.3 Global Monoethanolamine Market Forecast (2025-2034)
5.4 Global Monoethanolamine Market by Application
5.4.1 Detergents
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Personal Care
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Textile
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.4.4 Wood Preservation
5.4.4.1 Historical Trend (2018-2024)
5.4.4.2 Forecast Trend (2025-2034)
5.4.5 Agrochemical
5.4.5.1 Historical Trend (2018-2024)
5.4.5.2 Forecast Trend (2025-2034)
5.4.6 Metal Cutting
5.4.6.1 Historical Trend (2018-2024)
5.4.6.2 Forecast Trend (2025-2034)
5.4.7 Others
5.5 Global Monoethanolamine Market by Region
5.5.1 North America
5.5.2 Europe
5.5.3 Asia Pacific
5.5.4 Latin America
5.5.5 Middle East and Africa
6 Regional Analysis
6.1 North America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.1.3 Breakup by Country
6.1.3.1 United States of America
6.1.3.2 Canada
6.2 Europe
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
6.2.3 Breakup by Country
6.2.3.1 United Kingdom
6.2.3.2 Germany
6.2.3.3 France
6.2.3.4 Italy
6.2.3.5 Others
6.3 Asia Pacific
6.3.1 Historical Trend (2018-2024)
6.3.2 Forecast Trend (2025-2034)
6.3.3 Breakup by Country
6.3.3.1 China
6.3.3.2 Japan
6.3.3.3 India
6.3.3.4 ASEAN
6.3.3.5 Australia
6.3.3.6 Others
6.4 Latin America
6.4.1 Historical Trend (2018-2024)
6.4.2 Forecast Trend (2025-2034)
6.4.3 Breakup by Country
6.4.3.1 Brazil
6.4.3.2 Argentina
6.4.3.3 Mexico
6.4.3.4 Others
6.5 Middle East and Africa
6.5.1 Historical Trend (2018-2024)
6.5.2 Forecast Trend (2025-2034)
6.5.3 Breakup by Country
6.5.3.1 Saudi Arabia
6.5.3.2 United Arab Emirates
6.5.3.3 Nigeria
6.5.3.4 South Africa
6.5.3.5 Others
7 Market Dynamics
7.1 SWOT Analysis
7.1.1 Strengths
7.1.2 Weaknesses
7.1.3 Opportunities
7.1.4 Threats
7.2 Porter's Five Forces Analysis
7.2.1 Supplier's Power
7.2.2 Buyer's Power
7.2.3 Threat of New Entrants
7.2.4 Degree of Rivalry
7.2.5 Threat of Substitutes
7.3 Key Indicators for Demand
7.4 Key Indicators for Price
8 Value Chain Analysis
9 Trade Data Analysis (HS Code: 292211)
9.1 Major Exporting Countries:
9.1.1 By Value
9.1.2 By Volume
9.2 Major Importing Countries
9.2.1 By Value
9.2.2 By Volume
10 Price Analysis
10.1 North America Historical Price Trends (2018-2024) and Forecast (2025-2034)
10.2 Europe Historical Price Trends (2018-2024) and Forecast (2025-2034)
10.3 Asia Pacific Historical Price Trends (2018-2024) and Forecast (2025-2034)
10.4 Latin America Historical Price Trends (2018-2024) and Forecast (2025-2034)
10.5 Middle East and Africa Historical Price Trends (2018-2024) and Forecast (2025-2034)
11 Manufacturing Process
11.1 Overview
11.2 Detailed Process Flow
11.3 Operation Involved
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Nippon Shokubai Co., Ltd.
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 BASF SE
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Dow Chemical Company
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Nouryon
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Saudi Basic Industries Corporation (SABIC)
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Others

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