Product Code: ETC093525 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Ethanolamines Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 7.56% in 2025, growth builds up to 9.23% by 2029.
The Ethanolamines market in Malaysia is projected to grow at a growing growth rate of 8.49% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Malaysia ethanolamines market was valued at around USD 20 million in 2025 and is expected to experience a steady growth during the forecast period, with an annual CAGR of 6%. Ethanolamines are used for various applications such as surfactants, emulsifiers, corrosion inhibitors etc., which makes them widely popular products amongst industrial additives manufacturers and consumers alike.
The ethanolamines market in Malaysia is projected to experience moderate growth driven by the demand from various end-user industries, including agrochemicals, personal care, and chemical processing. Ethanolamines find extensive applications as surfactants, solvents, and chemical intermediates. The expanding agrochemical sector and the need for efficient surfactants will drive the demand for ethanolamines. Moreover, the growing trend of using ethanolamines in personal care and cosmetic products will further contribute to market growth. However, market growth may be hindered by the presence of stringent regulations on the use of certain ethanolamines in consumer products and the availability of alternative chemical intermediates.
The ethanolamines market in Malaysia faces certain challenges that may impact its growth and competitiveness. One of the significant challenges is the competition from other chemical intermediates and derivatives that offer similar properties and cost advantages. Ethanolamines are widely used in various industries, including agriculture, cosmetics, and surfactants, but there may be alternative materials that can meet the same requirements. Additionally, the price volatility of raw materials, such as ethylene and ammonia, can impact the production cost and pricing for ethanolamines. Moreover, environmental concerns related to the production and use of certain ethanolamine derivatives can affect the industry`s reputation and market share. To address these challenges, the industry needs to focus on product differentiation, explore niche applications, and invest in sustainable manufacturing practices.
The ethanolamines market might have faced challenges due to reduced industrial activities and manufacturing during lockdowns. The demand for ethanolamines in various applications could have been impacted.
The Malaysia ethanolamines market is highly competitive and consists of several major players. The top players in the market are Akzo Nobel N.V., BASF SE, Cognis Corporation, Huntsman International LLC, Kao Corporation, Sanyo Chemical Industries Ltd., Sumitomo Chemical Co. Ltd., Solvay Chemicals Inc., Mitsui Chemicals Inc., DowDuPont Inc.