Get the latest insights on price movement and trend analysis of Monoethanolamine in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Monoethanolamine Market was valued at USD 2,438.92 Million in 2023 and is projected to reach USD 3,891.47 Million by 2031, growing at a CAGR of 5.41% from 2024 to 2031.

Global Monoethanolamine Market Overview

Monoethanolamine is a versatile chemical used primarily as a surfactant, emulsifier, and corrosion inhibitor. It is essential for the manufacturing of emulsifiers, detergents, chemical intermediates medicines, and polishes. Its ability to act as both an amine and an alcohol makes it particularly valuable in applications requiring neutralization of acidic components or formulation of emulsifying agents. monoethanolamine finds extensive application in the detergent industry, where it serves as a key ingredient due to its ability to neutralize acids and adjust pH levels. The textile industry also utilizes monoethanolamine in fabric softeners and dyeing processes. Additionally, monoethanolamine is crucial in gas treating processes, where it is used to remove CO2 and H2S from natural gas and refinery gases, ensuring compliance with environmental regulations

The global monoethanolamine market has experienced significant growth due to its wide range of applications and increasing demand from emerging economies. The growing use of monoethanolamine in industrial applications, the development of the agricultural sector, and rising demand for personal care products are the primary drivers of the global monoethanolamine market. The use of monoethanolamine in gas treatment applications is one of the primary drivers of the market. In the oil and gas industry, monoethanolamine is commonly used to remove carbon dioxide and other acidic gases from natural gas and refinery streams, such as hydrogen sulfide. Monoethanolamine is in high demand because to the rising need for effective gas treatment solutions caused by rigorous environmental regulations and increased demand for natural gas.

The Mono-Ethanolamine Market report segments the industry into Product Type (Industrial Grade, Pharmaceutical Grade, Others), Application (Detergents, Pharmaceuticals, Cosmetics and Personal Care Products, Agricultural Chemicals, Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa). Includes historical data and five-year market forecasts.

The monoethanolamine market reached a volume of 2.04 MMT in 2024. The market is projected to grow at a CAGR of 3.40% between 2025 and 2034 to reach nearly a volume of 2.85 MMT by 2034.

The Indian monoethanolamine market amounted to $82M in 2024, increasing by 3.6% against the previous year. Overall, the total consumption indicated a measured expansion from 2012 to 2024: its value increased at an average annual rate of +2.6% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -12.2% against 2022 indices.

The Chinese monoethanolamine market stood at $200M in 2024, increasing by 3.8% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $224M in 2019; however, from 2020 to 2024, consumption stood at a somewhat lower figure.

The global Ethanolamine market has swelled to reach demand of approximately 1600 thousand tonnes in 2025 and is expected to grow at a CAGR of 4.04% during the forecast period until 2035.

Monoethanolamine Market - Global Industry Insights, Size, Share, Trends, Outlook, and Opportunity Analysis

Monoethanolamine Market Outlook 2032

The global monoethanolamine market size was USD 4.19 Billion in 2023 and is projected to reach USD 6.54 Billion by 2032, expanding at a CAGR of 5.37% during 2024–2032. The market growth is attributed to the rising demand of monoethanolamine in the gas treatment sector across the globe.



Growing demand in the gas treatment sector is a significant driver for the monoethanolamine market. Monoethanolamine is a crucial component in gas treatment processes, due to its ability to absorb acid gases such as carbon dioxide and hydrogen sulfide. The high demand for clean energy sources and stringent environmental regulations have driven the need for efficient gas treatment solutions, thereby propelling the monoethanolamine market.

Impact of Artificial Intelligence (AI) in Monoethanolamine Market

Artificial Intelligence has a profound impact on monoethanolamine market. AI technology enhances the efficiency of production processes by optimizing resource allocation, reducing waste, and improving quality control. It enables real-time monitoring of production lines, identifying potential issues before they escalate, thereby minimizing downtime and maximizing productivity. In the realm of distribution, AI streamlines supply chain management, ensuring timely delivery of products and enhancing customer satisfaction.



AI's predictive analytics capabilities offer valuable insights into market trends, consumer behavior, and competitive landscape, aiding strategic decision-making. The integration of AI in the monoethanolamine market boosts operational efficiency and fosters market competitiveness and growth.

Monoethanolamine Market Dynamics

Major Drivers

In August 2022, the monoethanolamine price amounted to $2,272 per ton (CIF, Canada), shrinking by -8.1% against the previous month.

Global Monoethanolamine market size 2025 was XX Million. Monoethanolamine Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

According to Cognitive Market Research, the global Ethanolamines market size is USD 3125.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.50% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 1250.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 937.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 718.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 156.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 62.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
The Construction held the highest Ethanolamines market revenue share in 2024.

Market Dynamics of Ethanolamines Market

Key Drivers for Ethanolamines Market

Growing Construction Sector to Propel the Market Revenue Growth

Building and construction operations are seen as the foundations of national development and are crucial to expanding the world economy as a whole. For example, Volvo CE reports that since the fourth quarter of 2020, the construction industry has experienced a rise in the production and manufacturing of construction materials across several locations. 2020 witnessed increases of 12% in South America, 39% in Asia, 20% in Europe, and 28% in China. Global demand for building materials such as steel, concrete, coatings, and other materials surged as a result of all these reasons. Moreover, to increase cement quality and lower total energy consumption during the cement production process, ethanolamines are frequently employed as cement grinding aids and performance enhancers. Similarly, ethanolamines have superior mechanical and compressive strengths, as well as corrosion prevention qualities, rendering them perfect for use in the manufacturing of steel, concrete, and protective coatings. This raised the need for the ethanolamine used in the manufacturing of these building supplies, which in turn drove the market to expand in the years to come.

(Source: https://www.volvoce.com/global/en/news-and-events/news-and-stories/2021/sales-up-6-in-volvo-construction-equipment-4th-quarter-2020/.)

Increasing Agriculture Activities to Boost Market Growth

Ethyleneamine is a component of agrochemicals such as insecticides and herbicides. Using ethanolamine to help make herbicides more soluble in water is one of the key advantages. Similar to that, one of the primary raw materials required to produce glyphosate, which facilitates the production of high-quality herbicides, is diethanolamine. According to recent data from "Statistics Times," China is the largest contributor to the agricultural industry, making up 19.49% of global agricultural output. India has a 7.39% ranking, second. Furthermore, the agricultural sector adds 0.9%, 6.2%, 13.9%, 3.9%, 50%, and the GDPs of the US, Brazil, Indonesia, Mexico, and Sweden. The use of agrochemicals, which require ethanolamines during manufacture, rises in tandem with an increase in agricultural activities and output. This will lead to the growth of the ethanolamines market in the future years.

Restraint Factor for the Ethanolamines Market

Concern Associated with Health to Limit the Market Growth

Employers are required to control occupational exposure below the Permissible Exposure Limit (PEL) for ethanolamine, which is set at 3 parts per million in the air by the Occupational Safety and Health Administration (OSHA) of the U.S. Department of Labor. Extended contact with ethanolamines can lead to extreme rashes, burns in the skin and eyes that may cause damage to the eyes, and irritation of the nose, throat, and lungs that can cause wheezing, coughing, and dyspnea. Furthermore, by raising the chemical oxygen requirement and total nitrogen count, ethanolamines introduced into aquatic ecosystems have the potential to pollute water. Therefore, the market's potential expansion may be constrained by the elevated danger of environmental contamination and health hazards l...

Ethyl Monoethanolamine Market Outlook

The global ethyl monoethanolamine market size was valued at approximately USD 0.5 billion in 2023 and is projected to reach around USD 0.9 billion by 2032, with a compound annual growth rate (CAGR) of about 6.5% during the forecast period. This growth can be attributed to the increasing demand from various end-user industries such as chemicals, pharmaceuticals, and personal care, which are benefiting from the versatile applications of ethyl monoethanolamine.

One of the primary growth factors for the ethyl monoethanolamine market is the rising demand for chemical intermediates. Ethyl monoethanolamine is extensively used as a key component in the synthesis of various chemicals, including surfactants, agrochemicals, and other intermediates, which has driven its demand. The increasing focus on industrial and agricultural activities, especially in developing regions, has significantly propelled the need for these chemical intermediates. Additionally, the growing population and the consequent rise in food demand have increased the application of agrochemical intermediates, further driving the market growth.

Another factor contributing to the market expansion is the pharmaceutical industry's growth. Ethyl monoethanolamine serves as a crucial raw material in the formulation of various pharmaceuticals. The burgeoning pharmaceutical industry, due to increasing healthcare needs, innovations in drug formulations, and a rise in chronic diseases, has resulted in an upsurge in demand for ethyl monoethanolamine. Furthermore, the emphasis on research and development in the pharmaceutical sector, aiming to discover advanced medicines, continues to bolster the market.

The personal care industry also plays a significant role in the growth of the ethyl monoethanolamine market. With rising disposable incomes and changing lifestyles, there is an increasing demand for personal care products. Ethyl monoethanolamine is utilized in the production of various personal care items, such as shampoos, soaps, and lotions, which require surfactants. The growing awareness about personal grooming and hygiene, especially in urban areas, further accelerates market growth. Additionally, the trend towards organic and natural products has led to the development of new formulations relying on ethyl monoethanolamine.

Regionally, the Asia Pacific region is expected to exhibit the highest growth rate during the forecast period. This growth is attributed to the rapid industrialization and urbanization in countries such as China, India, and Southeast Asian nations. These regions are witnessing significant investments in chemical, pharmaceutical, and personal care industries, which drives the demand for ethyl monoethanolamine. Moreover, favorable government policies and increased foreign investments further fuel the market growth in the region. North America and Europe also contribute substantially to the market, driven by well-established chemical and pharmaceutical industries and continuous advancements in these sectors.

Product Type Analysis

The ethyl monoethanolamine market can be segmented by product type into industrial grade, pharmaceutical grade, and others. The industrial grade segment holds a significant share of the market due to its extensive use in various industrial applications. Industries such as chemicals, textiles, and manufacturing widely employ industrial-grade ethyl monoethanolamine as a solvent and an intermediate in the synthesis of other chemicals. The robust industrial activities and the increasing emphasis on manufacturing efficiency have driven the demand for industrial-grade ethyl monoethanolamine.

Pharmaceutical grade ethyl monoethanolamine is another crucial segment, primarily driven by the pharmaceutical industry's growth. This grade of ethyl monoethanolamine is used in the formulation of drugs and pharmaceutical intermediates, ensuring the required purity and efficacy of the end products. With the increasing prevalence of chronic and lifestyle diseases, there is a growing demand for effective medications, which in turn boosts the demand for pharmaceutical-grade ethyl monoethanolamine. Furthermore, the ongoing research and development activities in the pharmaceutical sector aim to innovate and develop new drugs, further supporting the market growth for this segment.

The "others" category includes specialized grades of ethyl monoethanolamine used in niche applications. This segment, although smaller compared to industrial and pharmaceutical grades, is witnessing growth due to its use

The Mono Ethanolamine Market size is expected to reach a valuation of USD 5.0 billion in 2033 growing at a CAGR of 2.80%. The Mono Ethanolamine Market research report classifies Market by share, trend, demand, forecast and based on segmentation.

The global monoethanolamine (MEA) market is projected to reach a significant value of 6.38 billion by 2033, expanding at a CAGR of 3.84% from 2025 to 2033. MEA is a versatile chemical widely used in various industries due to its properties such as high reactivity, low toxicity, and ability to act as a solvent, emulsifier, and pH adjuster. Key market drivers include its increasing demand in agriculture as a growth regulator, in personal care products as a surfactant, and in pharmaceuticals as a precursor to produce ethanolamines. Key trends shaping the MEA market include the rise of eco-friendly and bio-based MEA production methods to reduce environmental impact, as well as advancements in MEA-based formulations to enhance performance and reduce costs. However, the market faces certain restraints, such as the volatility of raw material prices and fluctuations in demand from end-use industries, particularly during economic downturns. Key market segments include applications in agriculture, personal care products, pharmaceuticals, textiles, and construction. The chemical manufacturing, cosmetic industry, food industry, and pharmaceutical industry are major end-use sectors. Geographically, the Asia Pacific region is expected to hold a dominant market share, followed by North America and Europe. Recent developments include: , Recent developments in the Mono Ethanolamine Market indicate a growing interest in this chemical's diverse applications in agriculture, pharmaceuticals, and cleaning products. Companies such as Taminco and Huntsman continue to expand their production capacities to meet rising demand, fueled by the agricultural sector's need for more effective herbicides. In a notable trend, Nouryon's innovations in sustainable production methods have garnered attention, aligning with the push toward environmentally friendly chemicals.Furthermore, the market has witnessed strategic mergers and acquisitions; for example, AkzoNobel has been actively looking for opportunities to strengthen its position in specialty chemicals, potentially including entities involved in Mono Ethanolamine production. Similarly, BASF has been concentrating on enhancing its supply chain and strengthening market presence through acquisitions in emerging markets.The ongoing growth of these companies, coupled with increased investments and technological advancements, is significantly impacting the overall market valuation, signaling a robust and competitive landscape. With companies like Dow and Eastman Chemical Company focusing on product development and sustainability, the Mono Ethanolamine Market is poised for significant transformations ahead., Mono Ethanolamine Market Segmentation Insights, Mono Ethanolamine Market Application Outlook. Key drivers for this market are: Increasing use in agrochemicals, Growth in personal care products; Rising demand in industrial applications; Expansion in renewable energy sector; Advancements in chemical formulations. Potential restraints include: Increasing demand in agriculture, Growth in surfactants application; Expansion in personal care products; Rising construction industry activities; Environmental regulations and sustainability initiatives.

The global monoethanolamine (MEA) market is projected to reach a value of $2846.6 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 2.4% from 2025 to 2033. This steady growth is driven by the increasing demand for MEA in various applications, particularly in personal care products, daily washing products, and industrial applications. The personal care segment benefits from MEA's use as a pH adjuster and emulsifier in cosmetics and toiletries. Simultaneously, its role as a surfactant and emulsifier in detergents fuels growth within the daily washing products segment. The industrial sector leverages MEA's properties in gas treating and other chemical processes. While specific driver details are not provided, likely factors include rising global populations increasing demand for consumer goods, advancements in formulations leveraging MEA's unique properties, and expanding industrial production requiring gas purification and chemical synthesis. Growth is expected to be relatively consistent across the forecast period, influenced by factors such as economic growth in developing nations, technological advancements in MEA production, and the ongoing development of new applications. However, potential restraints could include fluctuations in raw material prices, stricter environmental regulations, and the emergence of alternative chemical solutions. The market is segmented by purity (above and below 99%) and application, with regional variations reflecting differing levels of industrial development and consumer demand. Major players like Lubrizol, AkzoNobel, and Stepan are key contributors to the market's landscape, driving innovation and competition. The geographic distribution of the market spans across North America, Europe, Asia Pacific, and other regions, with Asia Pacific potentially exhibiting strong growth due to the expanding industrial base and increasing population. This report provides a detailed analysis of the global monoethanolamine (MEA) market, projecting a market value exceeding $2.5 billion by 2028. It delves into market dynamics, key players, and future trends, offering valuable insights for industry stakeholders. This report utilizes rigorous data analysis and incorporates expert opinions to deliver actionable intelligence on this crucial chemical. Keywords: Monoethanolamine Market, MEA Market, Chemical Market, Industrial Chemicals, Personal Care Chemicals, MEA Price, MEA Suppliers, MEA Manufacturers, MEA Applications.

India Ethanolamine Market achieved a total market volume of 18.61 thousand Metric Tonnes in 2024 and is expected to reach 24.37 thousand Metric Tonnes by 2030 with a CAGR of 4.63% during the forecast period.

The Kenyan monoethanolamine market rose notably to $14M in 2024, picking up by 6.8% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market attained the peak level at $15M in 2019; however, from 2020 to 2024, consumption remained at a lower figure.

Cocamide Monoethanolamine Market Outlook

The global cocamide monoethanolamine market size is projected to grow significantly from USD 200 million in 2023 to approximately USD 320 million by 2032, showcasing a compound annual growth rate (CAGR) of 5.5%. This growth can be attributed to the increasing demand for eco-friendly and biodegradable surfactants in personal care and cleaning products. As consumers become more environmentally conscious, the demand for products that minimize environmental impact is driving market growth. The compoundÂ’s versatility in enhancing the texture and stability of products without compromising on environmental impact has positioned it as a favorable alternative to traditional surfactants.

One of the central growth factors in the cocamide monoethanolamine market is the burgeoning personal care industry. With rising disposable incomes and growing awareness of personal grooming, there has been an increased demand for shampoos, conditioners, body washes, and facial cleansers, which extensively utilize cocamide monoethanolamine for its foaming and emulsifying properties. Furthermore, the trend toward organic and natural ingredients in cosmetics and personal care products has further bolstered the market. Manufacturers are increasingly using cocamide monoethanolamine as a key ingredient due to its plant-derived origin and its ability to boost the efficacy of other surfactants, making it a staple in formulating personal care products that cater to eco-conscious consumers.

Additionally, the market is witnessing robust growth due to the expanding use of cocamide monoethanolamine in household and industrial cleaning products. The shift towards products that offer better cleaning efficacy while being gentle on surfaces and skin has significantly increased the adoption of cocamide monoethanolamine in these applications. Its capability to work in synergy with other cleaning agents without causing irritation or harshness makes it a preferred ingredient. The industrial sector, in particular, is driving demand as industries seek to comply with stringent regulations regarding the use of chemicals, prompting a shift toward safer and more sustainable cleaning solutions.

The regional outlook for the cocamide monoethanolamine market reveals substantial growth opportunities across various geographies. Asia Pacific is anticipated to lead the market, driven by the rapid industrialization and booming personal care sector in countries such as China, India, and Japan. The increasing population and urbanization in these regions contribute to the growing demand for personal care products, thus bolstering market growth. North America also presents significant growth potential, attributed to the well-established personal care and household cleaning industries and growing consumer inclination towards natural ingredients. Europe, with its strong emphasis on sustainability and stringent regulations against harmful chemicals, is expected to witness steady market growth as manufacturers shift towards safer alternatives like cocamide monoethanolamine.

Cocamide MEA, a derivative of coconut oil and monoethanolamine, is gaining traction for its multifunctional properties in various applications. Known for its ability to enhance the foaming and emulsifying characteristics of personal care products, Cocamide MEA is increasingly favored by manufacturers aiming to develop formulations that are both effective and environmentally friendly. Its plant-derived nature makes it an attractive choice for brands committed to sustainability, aligning with the growing consumer demand for natural and biodegradable ingredients. As the market for eco-friendly products expands, Cocamide MEA is poised to play a pivotal role in shaping the future of personal care and cleaning product formulations.

Product Type Analysis

Within the cocamide monoethanolamine market, the product type segmentation into liquid, powder, and flakes plays a significant role in catering to the needs of different industries. The liquid form of cocamide monoethanolamine holds a prominent position due to its widespread use in personal care products, such as shampoos and conditioners, where it is valued for its ease of incorporation into liquid formulations. The liquid form is highly soluble and can be seamlessly integrated into various formulations, enhancing the productÂ’s texture and stability. This versatility is particularly beneficial for manufacturers aiming to create products with consistent quality and superior performance, making t

Check out Market Research Intellect's Ethyl Monoethanolamine Market Report, valued at USD 2.1 billion in 2024, with a projected growth to USD 3.5 billion by 2033 at a CAGR of 6.4% (2026-2033).