Aminoethylethanolamine market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 320.83 million growing at a CAGR of 4.80% in the above-mentioned forecast period. The increase in demand of aminoethylethanolamine in chemical and textile processing has been directly impacting the growth of aminoethylethanolamine market.
Aminoethylethanolamine is a type of linear molecule with primary and secondary amine groups with chemical formula of C4H12N2O. It also possesses odor like ammonia. Aminoethylethanolamine is also referred to as N-(2-Aminoethyl) ethanolamine, N-(2-Hydroxyethyl) ethylenediamine, 2-[(2-aminoethyl) amino], and N-(β-Hydroxyethyl)-Ethylenediamine. Aminoethylethanolamine is a colourless, water soluble, clear and viscous liquid. It is also used as an intermediate in the production of surfactants, sequestering agents, antistatic agents, corrosion inhibitors, and insecticides. It can be mixed with acetone, ethanol and water and also immiscible with hexane and ether.
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The major players covered in the aminoethylethanolamine market report are Akzo Nobel N.V., Aminat, BASF SE, Huntsman International LLC, LobaChemie Pvt. Ltd., Prasol Chemicals Pvt. Ltd., TCI Chemicals (India) Pvt. Ltd., Dow, Tosoh Corporation, Delamine B.V., A. B. Enterprises., Alliance Chemicals Limited, Alliance Chemicals Limited, Parchem fine & specialty chemicals., Silver Fern Chemical Inc., Royal Chemicals(India), Sarex, Synalloy Corporation, Univar Solutions Inc., Paragon Chemicals., BALAJI AMINES among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Aminoethylethanolamine Market Scope and Market Size:
Global Aminoethylethanolamine market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the aminoethylethanolamine market is segmented into 96% AEEA and 98% AEEA and others.
- Aminoethylethanolamine market has also been segmented based on application, into chelating agent, surfactants, textile additives, fabric softeners, lubricants and others.
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Aminoethylethanolamine Market Country Level Analysis:
Aminoethylethanolamine market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the aminoethylethanolamine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the aminoethylethanolamine market due to increase in number of textiles and heavy metal processing industries in the region. Emergence of advanced technology in textile industries in India, China and Bangladesh is also boosting the market growth. Expansion in production of aminoethylethanolamine is also a factor for growth of the aminoethylethanolamine market, while Middle East and Africa is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to increase in demand for aminoethylethanolamine in the oil and gas industry for drilling fluid, hydraulic fracturing, and fracking applications.
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