Global Monoethanolamine Market
Monoethanolamine Market

Report ID: SQMIG15E2930

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Monoethanolamine Market Size, Share, and Growth Analysis

Global Monoethanolamine Market

Monoethanolamine Market By Type (Purity 99% And Above, Purity Below 99%), By Application (Detergents & Cleaners, Personal Care Products), By Distribution Channel (Direct Sales, E-Commerce), By Form (Liquid, Solid), By Grade, By Region - Industry Forecast 2026-2033


Report ID: SQMIG15E2930 | Region: Global | Published Date: January, 2026
Pages: 181 |Tables: 88 |Figures: 71

Format - word format excel data power point presentation

Monoethanolamine Market Insights

Global Monoethanolamine Market size was valued at USD 3.08 Billion in 2024 and is poised to grow from USD 3.28 Billion in 2025 to USD 5.34 Billion by 2033, growing at a CAGR of 6.3% during the forecast period (2026–2033).

The global monoethanolamine market growth is driven rapidly by the growing demand for mono ethanolamine in many high-growth segments. A key driver is the rising demand for mono ethanolamine in gas treatment applications, particularly in chemical processes to capture and remove acidic elements from industrial and natural gas streams to help fulfil stricter global emission targets. The growing agrochemicals segment relies on MEA as a precursor to develop herbicides, reflecting the global demand for better methods to protect crops. Mono ethanolamine is also driving demand in the detergent and personal care segment where it acts as a surfactant, emulsifier, and pH conditioner to deliver function in Shampoo, soap, and detergent applications. Industial proceeds to support purchases of mono ethanolamine in cement additives and metalworking fluids enabling its adoption to grow in construction and manufacturing applications. As consumption grows in textiles, waters treatment, and Pharma-Med applications consumers of mono ethanolamine continue to grow. Moreover, the market benefits from developments with differentiating MEA products to meet regulatory and consumer demands.

How Innovations are Leading the Monoethanolamine Market?

New innovations in carbon capture and advanced gas treatment technologies have helped drastically lower industrial CO₂ emissions, which could prove to be a paradigm shift in the monoethanolamine industry. BASF, specifically, has showcased its OASE Gas Treating technology, wherein parties employ MEA-based solutions on premises in refineries to reduce CO₂ emissions from industrial gases. Furthermore, advances in carbon capture or gas treatment are reacting to regulatory pressures to move industry towards cleaner operations have been successfully applied in refineries and chemical plants broadly as an enabler of sustainability changes related to industrial processes.

Market snapshot - 2026-2033

Global Market Size

USD 2.9 billion

Largest Segment

Agriculture

Fastest Growth

Cosmeics & personal Care

Growth Rate

6.3% CAGR

Global Monoethanolamine Market 2026-2033 ($ Bn)
Country Share for Asia Pacific 2025 (%)

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Monoethanolamine Market Segments Analysis

Global Monoethanolamine Market is segmented by Type, Application, Distribution Channel, Form, Grade and region. Based on Type, the market is segmented into Purity 99% And Above and Purity Below 99%. Based on Application, the market is segmented into Detergents & Cleaners, Personal Care Products, Gas Treatment, Herbicides, Chemical Intermediates, Cement Additives and Others. Based on Distribution Channel, the market is segmented into Direct Sales, E-Commerce and Others. Based on Form, the market is segmented into Liquid and Solid. Based on Grade, the market is segmented into Industrial Grade and Pharmaceutical Grade. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Why the Liquid Form of Monoethanolamine Dominates Market?

Based on the 2024 global monoethanolamine market forecast, the liquid form constitutes the largest market share in the market by form. Liquid mono ethanolamine is widely used in various industries, notably in gas treatment, detergents, and chemical synthesis. The handling, mixing and injecting attributes of liquid mono ethanolamine make it useful to end users when it comes to maximizing operational efficiency. In addition, liquid form mono ethanolamine has high solvency and reactivity, making it ideal to support large-scale continuous applications. Furthermore, there is an established supply chain, and liquid forms are more easily incorporated into existing chemical process systems across developed and emerging markets than any other form.

The Solid form mono ethanolamine is also witnessing growth in the market. This growth is attributed to its more niche applications requiring non-hazardous and low-volatility handling properties, like specialty chemicals and pharmaceutical intermediates. In general, the solid form is safer to transport, easier to store and has a longer shelf life. The trend toward solid forms will begin to accelerate as industries seek non-hazardous forms of MEA or wish to simplify the handling of different forms of mono ethanolamine in the operational environment.

Why is the Agriculture Sector the Largest End User of Mono Ethanolamine?

As per the 2024 global monoethanolamine market analysis, the largest sector is the agriculture sector, primarily because NFTA is integral to producing key herbicides and crop protection products. In these sectors, MEA is where the demand is utilizable as a precursor for active ingredients that contribute to the rising demand for food security and crop yields. Agrochemicals account for a significant segment share due to the swiftly growing agricultural developments across Asia-Pacific and South America, coupled with the global adoption of modern agricultural practices. There are robust investments in crop science and an upward trend in the efficiencies being demanded for higher-quality competing products, to further increase the total share of MEA demand.

The fastest-growing end-use industry segment is cosmetics & personal care because MEA is increasingly integrated into the formulation of soap, shampoo, and detergents as an emulsifier, surfactant, and pH-adjustment component. The growth of personal care and cleaning products is attributed to the increased focus post pandemic for hygiene, urbanization, and the rising demand for more premium offerings in personal care. Large multinational companies have reformulated their products with higher frequency throughout the pandemic to meet standards and health expectations, thus increasing MEA adoption in this market.

Global Monoethanolamine Market By End Use Industry 2026-2033

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Monoethanolamine Market Regional Insights

What is Driving the Surge in Mono Ethanolamine Demand Across Asia-Pacific?

As per the monoethanolamine market regional analysis, the Asia Pacific region is by far the most prominent region. The region is holding the largest market share due to the large scale of the existing industrial base and fast-growing chemical production industries. The rapid urbanization, industrialization, and increase in agrochemical and detergent industries drives the demand in this region. Countries such as china, India, and Japan are the largest contributors to this dominance. The region benefits from a large availability of raw materials, and there are favorable government policies directing money into chemical and agricultural industries in this region.

China Monoethanolamine Market

China is the clear market leader because of its industrial infrastructure, production capabilities for specialty chemicals, and a large consumer base for uses in agrochemicals and gas treatment applications. It could be argued categorically that China's leadership in the region will remain intact due to significant manufacturing capability, an adequately robust domestic supply chain. China's continuous investments to raise the environmental aptitude of the nation is corresponding to increased demand for MEA uses in emission control and water treatment applications. China's growing consumer base is also contributing to the use within the Personal Care and Detergency applications and thus leveraging it to solidify its market position.

India Monoethanolamine Market

India is a leading market in Asia Pacific; this is due to faster progress in industrial development and also agricultural activity. More production of agrochemicals to service the country's large farming community, alongside a larger presence of chemical, pharmaceutical, and detergent manufacturing contributes to market growth. Growth is also encouraged by government intervention to establish more self-reliant industrial growth and adding new export opportunities for mono ethanolamine. Finally, new infrastructure developments will increase demand for MEA by enabling higher use in treatment of water and purification of gasses. The low-cost environment and the rise of a middle class in India adds additional stimulus to demand in use levels within personal care that lead to India's growth.

What Factors Contribute to the Growth of Monoethanolamine Market in North America?

North America is witnessing growing demand from several lead use markets, which include chemical manufacturing, gas treatment, and personal care. Stringent environmental regulations encouraging more use of MEA for emission/environmental control, along with advancements in use of MEA in chemical processing, provide strong indications for continued growth. Also, the strong industrial infrastructure, the rise of innovations in sustainable formulations, and greater investment in specialty chemicals are driving growth. The US is by far the dominant nation within North America due to its size, advanced manufacturing, and a regulatory systems allowing for substitution of technologies to meet environmental goals.

U.S. Monoethanolamine Market

U.S. held the largest monoethanolamine market share in North America. The US enjoys a well-developed chemical manufacturing industry and significant industrial use of MEA in oil & gas, agrochemicals, and pharmaceutical applications. The rising environmental regulations will support MEA demand in gas treatment and emissions control applications, contributing to growth in these applications. Other core uses of MEA in personal care products and detergent outlets will have demand driven by their respective consumer markets, as consumers continue to gravitate toward healthier and more hygienic products. Finally, the presence of large chemical manufacturing companies, and their innovation in their manufacturing processes, will further contribute to the U.S.’s position.

Canada Monoethanolamine Market

The growth of the market in Canada is largely attributed to the rising demand in oil and gas processes because MEA is typically utilized for gas sweetening and for emissions control purposes. The implementation of tougher regulations for the purpose of reducing pollution in an industrialized context emphasizes MEA’s unique input as a device for carbon capture technology in specific industries or gas purification technology. Increasing knowledge by consumers is also increasing the use of MEA in the personal care industry and cleaning products. Investment in chemical manufacturing, along with government investments and incentives towards sustainable industrial practices has fostered the accelerating market growth.

Why Europe is an Important Market in the Monoethanolamine Market?

With a mature and established chemical industry, Europe is another major market for monoethanolamine. In this case, vapor emissions regulations have fuelled the adoption of mono ethanolamine in gas treatment and VOC reduction (or vapor and air emissions). There is also strong demand for MEA in personal care products and detergents, as well as in agrochemical products. The EU continues to support sustainability and the production of bio-based chemicals, which provides the market another area of favourable support. The long-term growth for MEA continues with investments into R&D and new technologies from major producers. Coupled with an established regulatory process and supportive infrastructure.

Germany Monoethanolamine Market

Germany is a major driver for large-scale MEA consumption, which extends to the petrochemical, automotive, construction, and agrochemical sectors. Government underwriting for clean manufacturing and a compliance framework for environmental standards and emissions continue to drive the use of MEA in green technologies for emissions controls and carbon capture. Furthermore, Germany continues to benefit from its strong export orientation and R&D sector development to reinforce its market leadership position. All this is supported by a well-regulated supply chain that moves products into several high-value consumer product categories producing MEA derivatives, accounting for success in the European market.

Poland Monoethanolamine Market

The growing manufacturing base, agrochemical output and increasing efforts in chemical processing contribute to a rapid MEA demand increase beyond whole European expectations. Infrastructure investments coupled with favourable government legislation supports manufacturing acceleration and environmental compliance. Finally, Poland has recently benefited from the modest scaling of MEA-based product exports and increasing domestic consumption in personal care and detergent formulations. The combination of Poland's growing market dynamics and sustainable chemical production principles signifies its growth.

France Monoethanolamine Market

France has an established manufacturing chemistry sector with strong demand for MEA, driven primarily in the agrochemicals sector, both personal care and industrial applications. The leverage of stringent environmental regulations has contributed explicitly to strong MEA usage in emission control and gas treatment applications, directing the market growth trajectory. France promotes sustainable production of chemistry and is developing to be a leader in innovation and chemistry production in green technology, as well as sustainability principles. It should also be noted that France's strategic geographical location in Europe and its favourable export capabilities solidify its growth trajectory.

Global Monoethanolamine Market By Geography, 2026-2033
  • Largest
  • Fastest

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Monoethanolamine Market Dynamics

Monoethanolamine Market Drivers

Increasing Agrochemical Demand

  • The demand for monoethanolamine is mainly driven by global food demands, especially from MEA's substantial use in herbicides and pesticides. MEA is perceived as a potential fix for yield improvement and pest control, and is pushing for everything to be done possible to improve agricultural productivity across the world. Additionally, rising agricultural activity within developing economies results in the increased utilization of MEA in agriculture, primarily in herbicides, which will be a leading growth driver for mono ethanolamine.

Rising Use in Personal Care Products

  • The monoethanolamine market is driven by the personal care market, which significantly demands mono ethanolamine as a surfactant and emulsifier in formulations of shampoos and soaps, as well as skin products. Overall consumer awareness regarding hygiene and efficacy of skin products is shifting consumers to using MEA personal care products. Additionally, global disposable income and urbanization will be positive drivers for the monoethanolamine market, as more consumers are looking for better personal care product options that contain MEA.

Monoethanolamine Market Restraints

Stringent Environmental Regulations

  • The growth of the monoethanolamine market faces challenges due to tightening environmental restrictions and regulations. Countries all around the world are putting strict controls in place to ensure that companies are limiting the emissions of chemicals and waste. These regulations will limit emissions of pollutants generated while producing and using MEA. Producers are restricted from MEA use based on compliance costs and restrictions, further displacing the market and initiating a search for greener alternatives. Companies will have to invest in new sustainable methods of production or new formulations of products.

Health and Safety Concerns

  • There are significant health concerns surrounding the use of MEA, particularly skin or respiratory irritation which restrict its use without limitations. Concern for workplace health and safety means that handling MEA has to be done in a manner that conforms to those regulations, increasing costs for the producer. Market growth adoption could again be disrupted, as the consideration of its toxicity and when it can possibly decay limits the burden on the end-user (or even the producer in general).

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Monoethanolamine Market Competitive Landscape

Global monoethanolamine market is relatively fragmented and primarily monopolized by large and established worldwide chemical companies such as BASF SE, the Dow Chemical Company, Nouryon, SABIC, and Nippon Shokubai Co., Ltd. Large chemical producers are competing primarily on products being produced from innovative, increased capacity, or sustainability standpoint. Market leaders typically have a diverse range of chemicals distributed within industrial chemical industry segments and pharmaceutical and personal care product categories. The market structure also reflects alignment, investment and use of carbon capture technologies. Competitive activity in the MEA commodity market may also be obtained through established firm reaction to regional production hubs and capacity in Asia, North America, and Europe.

  • Solugen (USA, founded in 2016): Solugen is a company that produces bio-based chemicals using an enzymatic pathway. The company has developed a sustainable MEA that is produced from a plant-based feedstock, which has applications in water treatment and agrochemicals. Using its patents and market knowledge in green chemistry, Solugen gives a sustainable replacement that allows companies to reduce their carbon footprint while moving away from petroleum-based MEA.
  • Ammina (India, founded in 2018): Ammina is striving to develop MEA derivatives for good pharmaceutical and personal care applications. Ammina prides itself on producing highly pure and specialty chemicals for the specific implications of regulatory expectations. Ammina employs highly advanced synthesis technologies and allows local industry to grow by performing production activity locally and efficiently in India.

Top Players in Monoethanolamine Market

  • BASF SE (Germany)
  • Dow (United States)
  • INEOS (United Kingdom)
  • Nippon Shokubai Co., Ltd. (Japan)
  • SABIC (Saudi Basic Industries Corporation) (Saudi Arabia)
  • Nouryon (Netherlands)
  • Huntsman Corporation LLC (United States)
  • Sasol Limited (South Africa)
  • Akzo Nobel N.V. (Netherlands)
  • HELM AG (Germany)
  • Lotte Chemical Corporation (South Korea)
  • Mitsui Chemicals Inc. (Japan)
  • Indorama Ventures Public Company Limited (Thailand)
  • Sintez OKA Group of Companies (Russia)
  • Jiaxing Jinyan Chemical Co. Ltd. (China)
  • Amines & Plasticizers Ltd. (APL) (India)
  • Oriental Union Chemical Corporation (OUCC) (Taiwan)
  • Lubrizol Corporation (United States)
  • Colonial Chemical Solutions Inc. (United States)
  • Eastman Chemical Co. (United States)

Recent Developments in Monoethanolamine Market

  • In 2025, SABIC announced an integrated MEA supply chain initiative to deliver efficiency and cost effectiveness to its global operations.
  • In February 2024, BASF SE entered into a collaboration with OQEMA AG to exploit OQEMA's distribution network in the UK, to increase MEA product availability, and to build market presence.
  • In 2024, Sasol Limited stepped up its MEA manufacturing capabilities to accommodate growing demand from the agrochemical and detergent industries.

Monoethanolamine Key Market Trends

Monoethanolamine Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the monoethanolamine market is experiencing substantial growth supported by diverse applications ranging from gas treatment to personal care and agrochemicals. Its essential role in carbon capture aligns with global environmental sustainability ambitions, further enhancing the need in both the industrial and energy industries. Changing consumer preferences and agricultural modernization in the region are evidenced in the growth of agrochemicals and detergents. The market is fragmented and is characterized by the presence of major chemical companies as well as numerous innovative startups, which leads to ample opportunities for competitive innovation in mono ethanolamine and bio-based and high-purity products. The mono ethanolamine market also faces challenges, most notably with the continued use of uninformed or more stringent environmental regulations as well as health safety risks, leading to continual improvements in manufacturing processes. The mono ethanolamine market is likely to continue to grow steadily till 2032 supported by advances in technology and increased market applications.

Report Metric Details
Market size value in 2024 USD 3.08 Billion
Market size value in 2033 USD 5.34 Billion
Growth Rate 6.3%
Base year 2024
Forecast period 2026-2033
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Purity 99% And Above ,Purity Below 99%
  • Application
    • Detergents & Cleaners ,Personal Care Products ,Gas Treatment ,Herbicides ,Chemical Intermediates ,Cement Additives ,Others
  • Distribution Channel
    • Direct Sales ,E-Commerce ,Others
  • Form
    • Liquid ,Solid
  • Grade
    • Industrial Grade ,Pharmaceutical Grade
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • BASF SE (Germany)
  • Dow (United States)
  • INEOS (United Kingdom)
  • Nippon Shokubai Co., Ltd. (Japan)
  • SABIC (Saudi Basic Industries Corporation) (Saudi Arabia)
  • Nouryon (Netherlands)
  • Huntsman Corporation LLC (United States)
  • Sasol Limited (South Africa)
  • Akzo Nobel N.V. (Netherlands)
  • HELM AG (Germany)
  • Lotte Chemical Corporation (South Korea)
  • Mitsui Chemicals Inc. (Japan)
  • Indorama Ventures Public Company Limited (Thailand)
  • Sintez OKA Group of Companies (Russia)
  • Jiaxing Jinyan Chemical Co. Ltd. (China)
  • Amines & Plasticizers Ltd. (APL) (India)
  • Oriental Union Chemical Corporation (OUCC) (Taiwan)
  • Lubrizol Corporation (United States)
  • Colonial Chemical Solutions Inc. (United States)
  • Eastman Chemical Co. (United States)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Monoethanolamine Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Monoethanolamine Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Monoethanolamine Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Monoethanolamine Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Monoethanolamine Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

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Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

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FAQs

Global Monoethanolamine Market size was valued at USD 3.08 Billion in 2024 and is poised to grow from USD 3.28 Billion in 2025 to USD 5.34 Billion by 2033, growing at a CAGR of 6.3% during the forecast period (2026–2033).

Global monoethanolamine market is relatively fragmented and primarily monopolized by large and established worldwide chemical companies such as BASF SE, the Dow Chemical Company, Nouryon, SABIC, and Nippon Shokubai Co., Ltd. Large chemical producers are competing primarily on products being produced from innovative, increased capacity, or sustainability standpoint. Market leaders typically have a diverse range of chemicals distributed within industrial chemical industry segments and pharmaceutical and personal care product categories. The market structure also reflects alignment, investment and use of carbon capture technologies. Competitive activity in the MEA commodity market may also be obtained through established firm reaction to regional production hubs and capacity in Asia, North America, and Europe. 'BASF SE (Germany)', 'Dow (United States)', 'INEOS (United Kingdom)', 'Nippon Shokubai Co., Ltd. (Japan)', 'SABIC (Saudi Basic Industries Corporation) (Saudi Arabia)', 'Nouryon (Netherlands)', 'Huntsman Corporation LLC (United States)', 'Sasol Limited (South Africa)', 'Akzo Nobel N.V. (Netherlands)', 'HELM AG (Germany)', 'Lotte Chemical Corporation (South Korea)', 'Mitsui Chemicals Inc. (Japan)', 'Indorama Ventures Public Company Limited (Thailand)', 'Sintez OKA Group of Companies (Russia)', 'Jiaxing Jinyan Chemical Co. Ltd. (China)', 'Amines & Plasticizers Ltd. (APL) (India)', 'Oriental Union Chemical Corporation (OUCC) (Taiwan)', 'Lubrizol Corporation (United States)', 'Colonial Chemical Solutions Inc. (United States)', 'Eastman Chemical Co. (United States)'

The demand for monoethanolamine is mainly driven by global food demands, especially from MEA's substantial use in herbicides and pesticides. MEA is perceived as a potential fix for yield improvement and pest control, and is pushing for everything to be done possible to improve agricultural productivity across the world. Additionally, rising agricultural activity within developing economies results in the increased utilization of MEA in agriculture, primarily in herbicides, which will be a leading growth driver for mono ethanolamine.

Growing Use in Carbon Capture: The mono ethanolamine (MEA) market is experiencing a growing round acceptance of MEA formulations in the areas of carbon capture and gas treatment technologies. MEA's ability to absorb acid gases like atmospheric CO₂ and H₂S is a key element of reducing industrial emissions, but this growth is underpinned by regulations both global and local to reduce emissions into the atmosphere. Demand growth from extraction (a) should continue globally, especially with new MEA formulations that enhance absorption and add efficiencies.

As per the monoethanolamine market regional analysis, the Asia Pacific region is by far the most prominent region. The region is holding the largest market share due to the large scale of the existing industrial base and fast-growing chemical production industries. The rapid urbanization, industrialization, and increase in agrochemical and detergent industries drives the demand in this region. Countries such as china, India, and Japan are the largest contributors to this dominance. The region benefits from a large availability of raw materials, and there are favorable government policies directing money into chemical and agricultural industries in this region.
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DEPARTMENT OF SCIENCE & TECHNOLOGY3x.webp
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