Triethanolamine refers to a viscous, oily, and organic chemical compound that is obtained from a chemical reaction between ethylene oxide and aqueous ammonia. It is a water-soluble chemical, being a part of the ethanolamine family. Both ethylene oxide and aqueous ammonia are toxic in nature, they make triethanolamine a very harsh chemical with an ammonia-like odor. It is a colorless and thick liquid. Its impurities can easily be identified when triethanolamine turns yellow. It has a bifunctional nature.
MARKET DYNAMICS
The application of triethanolamine in de-icing and agricultural products drives the growth of the triethanolamine market. Besides this, the rising demand for triethanolamine from detergent & personal care industries also drives the market growth. However, an upsurge in demand for bio-surfactants and fluctuations in the prices of raw material restricts the market growth. The use of triethanolamine as a pH controller in cosmetics and personal care industries is expected to boost the demand for triethanolamine market in the near future.
MARKET SCOPE
The "Global Triethanolamine Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the triethanolamine market with detailed market segmentation by application, end use industry and geography. The global triethanolamine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading triethanolamine market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global triethanolamine market is segmented on the basis of application and end use industry. On the basis of application, the triethanolamine market is segmented into surfactants, fabric softeners, emulsifying agents and others. The market as per end user industry is bifurcated into cosmetics & personal care, leather & textile industry, construction and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global triethanolamine market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The triethanolamine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the triethanolamine market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the triethanolamine market in these regions.
MARKET PLAYERS
The reports cover key developments in the triethanolamine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from triethanolamine market are anticipated to lucrative growth opportunities in the future with the rising demand for triethanolamine market in the global market. Below mentioned is the list of few companies engaged in the triethanolamine market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the triethanolamine market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ineos Oxides Ltd.
- Nippon Shokubai Co. Ltd.
- SABIC
- Abcam Plc.
- Pt Atlantic Intraco
- Penta Manufacturing Company
- Pon Pure Chemicals
- The Dow Chemical Company
- PubChem
- RX chemicals
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