Product Code: ETC6185549 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Mono Ethanolamine (MEA) market in Australia is primarily driven by its extensive applications in gas treatment, detergents, and agrochemicals. As a key component in the removal of carbon dioxide and hydrogen sulfide from natural gas, MEA finds widespread use in the energy and petrochemical sectors. The increasing focus on carbon capture and storage (CCS) initiatives across Australia has further contributed to the market`s growth. Additionally, the demand for MEA in surfactants and textile treatment chemicals continues to support its commercial significance.
The Mono Ethanolamine (MEA) market in Australia is witnessing stable demand from sectors such as gas treatment, surfactants, and agrochemicals. There is growing utilization in carbon capture technologies, especially in industrial emission reduction, contributing to its expansion. Sustainability trends and the push for cleaner industrial processes are encouraging the use of MEA in environmental applications. However, fluctuations in raw material costs and regulatory scrutiny on chemical usage are factors influencing market dynamics.
The Australian mono ethanolamine market faces challenges primarily due to regulatory pressures related to environmental and health safety. Being a chemical compound used in various industrial processes, strict guidelines for storage, transportation, and handling significantly raise operational costs. Additionally, fluctuations in raw material prices and import dependency limit market stability. There is also competition from more sustainable and eco-friendly alternatives that are gaining traction in local industries.
Investment in the Mono Ethanolamine market in Australia is promising due to the chemical`s diverse applications in gas treatment, surfactants, and herbicides. There`s growing potential in investing in MEA production aligned with green chemistry processes, especially for carbon capture and sustainable agriculture. Strategic alliances with oil & gas and agrochemical companies could help tap into demand for environmentally friendly industrial inputs.
The Australian government enforces stringent regulations on the production and use of chemicals, including mono ethanolamine, under the Australian Industrial Chemicals Introduction Scheme (AICIS). Policies are aimed at minimizing environmental and health risks by ensuring proper labeling, usage, and disposal procedures for chemical products. This includes compliance with standards set by the National Industrial Chemicals Notification and Assessment Scheme (NICNAS), which governs the safety of chemicals introduced into the market. As part of a broader push toward sustainability, policies incentivize the adoption of safer alternatives and the reduction of carbon emissions from chemical manufacturing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Mono-ethanolamine Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Mono-ethanolamine Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Mono-ethanolamine Market - Industry Life Cycle |
3.4 Australia Mono-ethanolamine Market - Porter's Five Forces |
3.5 Australia Mono-ethanolamine Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Mono-ethanolamine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Mono-ethanolamine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Mono-ethanolamine Market Trends |
6 Australia Mono-ethanolamine Market, By Types |
6.1 Australia Mono-ethanolamine Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Mono-ethanolamine Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Mono-ethanolamine Market Revenues & Volume, By industrial grade, 2021- 2031F |
6.1.4 Australia Mono-ethanolamine Market Revenues & Volume, By pharmaceutical grade, 2021- 2031F |
6.1.5 Australia Mono-ethanolamine Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Mono-ethanolamine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Mono-ethanolamine Market Revenues & Volume, By Detergents, 2021- 2031F |
6.2.3 Australia Mono-ethanolamine Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.4 Australia Mono-ethanolamine Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.2.5 Australia Mono-ethanolamine Market Revenues & Volume, By Personal Care Products, 2021- 2031F |
6.2.6 Australia Mono-ethanolamine Market Revenues & Volume, By Other, 2021- 2031F |
7 Australia Mono-ethanolamine Market Import-Export Trade Statistics |
7.1 Australia Mono-ethanolamine Market Export to Major Countries |
7.2 Australia Mono-ethanolamine Market Imports from Major Countries |
8 Australia Mono-ethanolamine Market Key Performance Indicators |
9 Australia Mono-ethanolamine Market - Opportunity Assessment |
9.1 Australia Mono-ethanolamine Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Mono-ethanolamine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Mono-ethanolamine Market - Competitive Landscape |
10.1 Australia Mono-ethanolamine Market Revenue Share, By Companies, 2024 |
10.2 Australia Mono-ethanolamine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |