Diethanolamine is a secondary amine belonging to the class of ethanolamines. It contains a secondary amine and two alcohnol groups. Like other organic amines, diethanolamine acts as a weak base. DEA is mainly used to produce surfactants, detergents, cosmetics, shampoos, textile processing, and gas purification.
ArChem provides DEA and other raw chemical materials such as Ammonium nitrate, Soda ash, and LABSA for various industrial applications. Additionally, ArChem provides customers with other chemical products including Nitrocellulose, Nitrocellulose solution, organic solvents, etc. for further information please contact our technical sales team in ArChem.
Diethanolamine market
The global Diethanolamine market size was valued at USD 16 billion in 2022 and is expected to reach USD 27 billion in 2032, with a CAGR of 5% during 2022 to 2032.
The global Diethanolamine (DEA) market is segmented by application (chemical intermediate, rubber chemicals, Gas Treatment, water treatment, corrosion inhibitor, dyes chemicals, and others), end-use industry (pharmaceutical, textile, construction, paint & coatings, oil & gas, agriculture, personal care, and others), and by geography (Asia-Pacific, North America, Europe, South America, the Middle East, and Africa). North America is the leading consumer of Diethanolamine, followed by Asia Pacific region.
Diethanolamine market growth drivers
The Diethanolamine market is influenced by several key factors that contribute to its growth in the market.
Increasing demand from agriculture sector
Diethanolamine is used as a chemical intermediate in various agricultural chemicals. It is a colorless liquid that is quickly soluble in ethanol. Ethanol raises the production of crops, so with high solubility of DEA is estimated to grow the market size of Diethanolamine.
Thus, to increase the production of the crop, the consumption of Diethanolamine is expected to increase.
Increasing rubber production
Diethanolamine is used for the production of rubber chemicals such as TETD that is used for rubber modification. So, the growing demand for TETD is estimated to grow the consumption of Diethanolamine from the rubber industry.
Thus, the growing investment and production of rubber are growing the consumption of rubber chemicals which, in turn is estimated to grow the Diethanolamine market.
Increasing demand from the textile industry
Diethanolamine is used in the textile industry for various applications like softening agents and lubricants for textile machinery. Today, clothing has become a symbol of personality and status. The demand for clothing has increased, which is expected to drive the DEA demand in the textile industry.
Diethanolamine price trend
Understanding the price trend of diethanolamine is crucial for businesses involved in its production, distribution, and utilization. The price trend of diethanolamine is influenced by some factors, including raw material costs, supply-demand dynamics, and market conditions.
- The primary raw chemical materials for DEA production are ethylene oxide and ammonia. Fluctuations in the prices of these substances directly impact DEA pricing. For instance, changes in crude oil prices can influence ethylene oxide costs.
- The balance between supply and demand is a significant factor influencing DEA price. An increase in demand from industries such as personal care and agriculture, can drive up prices. Conversely, an oversupply situation or reduced demand can lead to price decreases.
- The production capacity of DEA manufacturing plants affect market supply. Capacity expansions and unexpected shutdowns can impact the availability of DEA in the market, influencing DEA price.
- Regulatory policies and environmental standards related to chemical manufacturing can affect production costs and market prices. Compliance with regulations may lead to increased operational costs which in turn, can lead to price increases.
- Market conditions, including inflation rates, currency fluctuations, and economic growth may impact DEA prices.
Overall, a combination of these factors, along with market dynamics and industry considerations, influences the pricing of Diethanolamine in the market. Our experts in ArChem monitor and analyze various aspects of the global DEA market. They analyze various segments and provide an analysis of the market performance in the long term. This would be useful for our customers to plan their future investments, understand the cost dynamics, and gain awareness about the behaviour of competitors across the globe.
FAQ
What is the price of Diethanolamine in the market?
ArChem raw chemical materials can be purchased in a variety of volumes. Depending on your orders, prices are different. For more information about Diethanolamine price, please contact our technical sales team in ArChem.
What is the Diethanolamine (DEA) Market size?
The global Diethanolamine market size was valued at USD 16 billion in 2022 and is expected to reach USD 27 billion in 2032, with a CAGR of 5% during 2022 to 2032.
What is Diethanolamine?
Diethanolamine is an organic compound that is both a dialcohol and secondary amine and can be produced by ethylene oxide and ammonia reaction. DEA is mainly used to produce surfactants, detergents, cosmetics, shampoos, textile processing, and gas purification.
What is the CAS number of DEA?
The CAS number of DEA is 111-42-2.
What is the HS code for DEA?
29221200