| Product Code: ETC13139706 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Mono-ethanolamine Market was valued at USD 1.1 Billion in 2024 and is expected to reach USD 2 Billion by 2031, growing at a compound annual growth rate of 7.80% during the forecast period (2025-2031).
The global mono-ethanolamine market is experiencing steady growth driven by increasing demand from various end-use industries such as personal care products, pharmaceuticals, and agrochemicals. Mono-ethanolamine is widely used as a precursor in the production of surfactants, emulsifiers, and solvents, thus fueling its market growth. The rising adoption of mono-ethanolamine in gas treatment applications, particularly in the oil and gas industry, is further contributing to market expansion. Additionally, the growing awareness regarding the benefits of mono-ethanolamine in carbon capture and storage applications is expected to drive market growth in the coming years. However, fluctuating raw material prices and environmental regulations regarding the use of mono-ethanolamine may pose challenges to market growth. Overall, the global mono-ethanolamine market is poised for significant growth opportunities in the foreseeable future.
The Global Mono-ethanolamine Market is witnessing growth due to the increasing demand for the chemical in various applications such as gas treatment, industrial chemicals, personal care products, and pharmaceuticals. The rising focus on sustainability and environmental regulations is also driving the market as mono-ethanolamine is used as a solvent in CO2 capture and as an ingredient in biodegradable products. Additionally, the expanding industrial sector in developing economies and the growing use of mono-ethanolamine in the manufacturing of surfactants and herbicides present lucrative opportunities for market growth. Key players are investing in research and development activities to innovate new applications and improve production processes, contributing to the overall expansion of the mono-ethanolamine market.
The Global Mono-ethanolamine Market faces challenges such as fluctuating raw material prices, stringent regulations regarding environmental concerns, and increasing competition from alternative chemicals. The volatility in raw material prices directly impacts the production cost of mono-ethanolamine, making it challenging for manufacturers to maintain profitability. Additionally, regulatory pressures to reduce emissions and improve environmental sustainability pose hurdles in the form of compliance costs and operational adjustments. The market also faces competition from other chemicals that can potentially replace mono-ethanolamine in various applications, leading to a threat of market share erosion. Navigating these challenges requires market players to innovate in terms of production processes, product development, and strategic partnerships to stay competitive and sustain growth in the Global Mono-ethanolamine Market.
The global mono-ethanolamine market is primarily driven by the increasing demand for the chemical in various end-use industries such as personal care, pharmaceuticals, agriculture, and oil & gas. Mono-ethanolamine is widely used as a key ingredient in the production of surfactants, herbicides, and gas sweetening agents, which are essential in these industries. The growing population, urbanization, and changing consumer preferences towards personal care products are further boosting the demand for mono-ethanolamine. Additionally, the expansion of the oil & gas industry, especially in developing economies, is driving the market as mono-ethanolamine is utilized in gas sweetening processes to remove impurities. Technological advancements and increasing research and development activities are also contributing to the growth of the global mono-ethanolamine market.
Government policies related to the Global Mono-ethanolamine Market primarily focus on regulating the production, transportation, and usage of this chemical compound due to its potential environmental and health hazards. Policies typically include guidelines for handling and storage to minimize risks, as well as restrictions on emissions to prevent air and water pollution. Additionally, many governments have set limits on the permissible levels of mono-ethanolamine in consumer products to safeguard public health. Some countries also enforce import/export regulations and tariffs to ensure fair trade practices and protect domestic industries. Overall, government policies aim to strike a balance between promoting the growth of the mono-ethanolamine market and safeguarding environmental and public health interests.
The Global Mono-ethanolamine Market is projected to witness steady growth in the coming years. This growth can be attributed to the increasing demand for mono-ethanolamine in various industries such as chemicals, textiles, and personal care products. Additionally, the rising adoption of mono-ethanolamine in the production of gas sweetening agents and surfactants is expected to drive market growth further. Furthermore, the growing emphasis on sustainable practices and environmental regulations is likely to propel the demand for mono-ethanolamine, as it is considered a key ingredient in reducing emissions and improving energy efficiency. Overall, the Global Mono-ethanolamine Market is poised for expansion, driven by its versatile applications and the shift towards eco-friendly solutions in various sectors.
In the global mono-ethanolamine market, Asia is expected to witness significant growth due to the expanding chemical industry and increasing demand for personal care products in countries like China and India. North America is likely to see steady growth driven by the presence of key market players and the rising use of mono-ethanolamine in various applications such as gas treatment and surfactants. Europe is anticipated to experience moderate growth owing to stringent regulations promoting the use of eco-friendly chemicals. The Middle East and Africa region is projected to show promising growth opportunities due to the growing oil and gas industry. Latin America is forecasted to witness steady growth supported by the increasing demand for mono-ethanolamine in agricultural chemicals and water treatment applications.
Global Mono-ethanolamine Market |
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 Global Mono-ethanolamine Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Mono-ethanolamine Market Revenues & Volume, 2021 & 2031F |
3.3 Global Mono-ethanolamine Market - Industry Life Cycle |
3.4 Global Mono-ethanolamine Market - Porter's Five Forces |
3.5 Global Mono-ethanolamine Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Mono-ethanolamine Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Mono-ethanolamine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Mono-ethanolamine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Mono-ethanolamine Market Trends |
6 Global Mono-ethanolamine Market, 2021 - 2031 |
6.1 Global Mono-ethanolamine Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Mono-ethanolamine Market, Revenues & Volume, By industrial grade, 2021 - 2031 |
6.1.3 Global Mono-ethanolamine Market, Revenues & Volume, By pharmaceutical grade, 2021 - 2031 |
6.1.4 Global Mono-ethanolamine Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Mono-ethanolamine Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Mono-ethanolamine Market, Revenues & Volume, By Detergents, 2021 - 2031 |
6.2.3 Global Mono-ethanolamine Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.2.4 Global Mono-ethanolamine Market, Revenues & Volume, By Cosmetics, 2021 - 2031 |
6.2.5 Global Mono-ethanolamine Market, Revenues & Volume, By Personal Care Products, 2021 - 2031 |
6.2.6 Global Mono-ethanolamine Market, Revenues & Volume, By Other, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Mono-ethanolamine Market, Overview & Analysis |
7.1 North America Mono-ethanolamine Market Revenues & Volume, 2021 - 2031 |
7.2 North America Mono-ethanolamine Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Mono-ethanolamine Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Mono-ethanolamine Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Mono-ethanolamine Market, Overview & Analysis |
8.1 Latin America (LATAM) Mono-ethanolamine Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Mono-ethanolamine Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Mono-ethanolamine Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Mono-ethanolamine Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Mono-ethanolamine Market, Overview & Analysis |
9.1 Asia Mono-ethanolamine Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Mono-ethanolamine Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Mono-ethanolamine Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Mono-ethanolamine Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Mono-ethanolamine Market, Overview & Analysis |
10.1 Africa Mono-ethanolamine Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Mono-ethanolamine Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Mono-ethanolamine Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Mono-ethanolamine Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Mono-ethanolamine Market, Overview & Analysis |
11.1 Europe Mono-ethanolamine Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Mono-ethanolamine Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Mono-ethanolamine Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Mono-ethanolamine Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Mono-ethanolamine Market, Overview & Analysis |
12.1 Middle East Mono-ethanolamine Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Mono-ethanolamine Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Mono-ethanolamine Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Mono-ethanolamine Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Mono-ethanolamine Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Mono-ethanolamine Market Key Performance Indicators |
14 Global Mono-ethanolamine Market - Export/Import By Countries Assessment |
15 Global Mono-ethanolamine Market - Opportunity Assessment |
15.1 Global Mono-ethanolamine Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Mono-ethanolamine Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Mono-ethanolamine Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Mono-ethanolamine Market - Competitive Landscape |
16.1 Global Mono-ethanolamine Market Revenue Share, By Companies, 2024 |
16.2 Global Mono-ethanolamine Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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