Prismane

Triethanolamine Production Volume, Price Range, Demand and Industry Forecast Analysis Report Till 2032

Triethanolamine Introduction:

Triethanolamine is a colorless, organic compound that is produced by the reaction of ethylene oxide and aqueous ammonia. It is a tertiary amine that turns yellow if contaminated. It is widely used in the Personal Care & Cosmetics, Agrochemicals, Oil & Gas, and Pharmaceutical industries. Triethanolamine is most commonly used in makeup products, general cleaners, emulsifiers, etc. 
 
In 2023, Personal Care & Cosmetics application was the largest consumer of Triethanolamine. In cosmetics and personal care industry Triethanolamine is used as an additive and emulsifying agent in various products such as eyeliner, eye shadow, blush, make-up bases and foundations, fragrances, hair care products, and skin care and skin cleansing products.
 

Triethanolamine Demand Analysis:

The rising demand for Personal Care & Cosmetics products is anticipated to boost the demand for Triethanolamine in the forecast period. It is also used to control freshwater algae on lakes and ponds and as a neutralizer–dispersing agent in agricultural herbicide formulations. Triethanolamine is used as a chemical intermediate in the manufacturing of liquid detergents and cleansing agents. It is used for the removal of contaminants from gasoline along with ethanolamine and diethanolamine. It is also used to minimize the viscosity of heavy crude oils and is used as a pour point depressant (PPD). 
 
Asia Pacific was estimated to be the largest consumer of Triethanolamine on the back of increasing demand from developing countries like China and India. China and Japan are witnessing for high demand and consumption of cosmetics and skincare products. Owing to high-population countries and rapid urbanization, the production of triethanolamine has increased in recent years. Some of the key players of TEA are Dow Inc., Arak Petrochemical, BASF, Sasol, Idesa, Oxiteno, Nouryon, Kazanorgsintez, and Other manufacturers.
 

Triethanolamine Market Overview:

The United States is the leading global exporter of triethanolamine, with an average annual export volume of 65 Kiloton from 2016-2023. Saudi Arabia follows as the second-largest exporter, with an average annual export of approximately 40 Kiloton during the same period. On the other hand, China holds the title of the largest importer of triethanolamine, with imports of nearly 55 Kiloton recorded in 2023. More than half of China's imports were from Saudi Arabia, followed by Malaysia and South Korea.
 

Triethanolamine Market Dynamics

Rising demand in the Personal Care & Cosmetics industry

Triethanolamine is the most commonly used in cosmetics as an emulsion so that water-soluble and oil-soluble ingredients can be mixed. Triethanolamine is used in a variety of skin care products such as moisturizers, lotions, mascaras, eyeliners, etc.  It is also used to control the pH of cosmetics and personal care products. 

Triethanolamine is used to neutralize ingredients that can increase the acidity of the product. The growing demand for Personal Care & Cosmetics products is expected to be a key driver of triethanolamine demand as the demand for these products continues to rise, particularly in emerging markets, the demand for TEA is expected to increase accordingly.
 

Replacements of Triethanolamine 

Alternatives of triethanolamine are anticipated to hinder market growth. Monoethanolamine and diethanolamine have the same properties as triethanolamine. These products are the sub-products of triethanolamine and have the same composition, which may affect the demand for triethanolamine.
Apart from monoethanolamine and diethanolamine, 2-amino-2-methylpropanol and other amino alcohols are also used as a replacement for triethanolamine. They are used for corrosion protection, grease removal, and alkalinity at low pH levels, these compounds are witnessing a growth in their demand decreasing the demand for triethanolamine globally.
 

Scope of Report 


The Triethanolamine report describes the global Triethanolamine market, with focus on the country, applications, and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)

•  Demand-Supply Analysis
•  Demand Composition, by Application
•  Capacity
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review

•  Supply Demand Balance 
•  Triethanolamine Market data in terms of volume and value for each end-use 
   at regional and country level
•  Triethanolamine Market analysis for Production, Capacity, and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population, and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction

      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2022
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources

2.  Market Synopsis 

      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast

3.  Economic & Energy Outlook

      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices

4.  End-use Sector Performance

      •  Cosmetic & Personal Care
      •  Agrochemical
      •  Oil & Gas
      •  Pharmaceutical
      •  Others

5.  Plants & Projects Analysis

      •  Triethanolamine (TEA) Production Capacity, by Company
      •  Triethanolamine (TEA) Production Capacity, by Country and by region
      •  Capacity Overview, By Technology

6.  Introduction to Triethanolamine (TEA) and Market Overview 

      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications

7.  Market Dynamics and Industry Trends 

      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges

8.  Global Triethanolamine (TEA) Demand-Supply Analysis, By Application, (Volume, Value) (2016–2032)

      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Imports
          -  Exports
          -  Net Exports
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Triethanolamine (TEA) Market, By Application 
          - Agrochemicals
          - Personal Care & Cosmetics
          - Chemical Intermediate
          - Oil refineries
          - Pharmaceutical
          - Others

9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)

      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Imports
      •  Exports
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Triethanolamine (TEA) Market, By Application
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by Application, has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
         -  Brazil
         -  Rest of CSA
      •  Middle East & Africa
         -  Saudi Arabia
         -  Egypt
         -  South Africa
         -  Rest of MEA
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)

10.  Pricing Analysis

      •  Average Triethanolamine (TEA) Prices, USD/Kg
      •  Average Triethanolamine (TEA) prices, by Country 
      •  Average Triethanolamine (TEA) prices, by Region
      •  Price Forecast

11.  Key Strategic Issues

12.  Business Opportunity Assessment 

      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study

13.  Strategic Recommendation & Suggestions

14.  Company Analysis and Market Share Analysis

      •  Triethanolamine (TEA) Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             -  Dow Inc.
             -  Arak Petrochemical
             -  BASF
             -  Sasol
             -  Idesa
             -  Oxiteno
             -  Nouryon
             -  Kazanorgsyntez
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

15.  Appendices

      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 


The Triethanolamine report describes the global Triethanolamine market, with focus on the country, applications, and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)

•  Demand-Supply Analysis
•  Demand Composition, by Application
•  Capacity
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review

•  Supply Demand Balance 
•  Triethanolamine Market data in terms of volume and value for each end-use 
   at regional and country level
•  Triethanolamine Market analysis for Production, Capacity, and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population, and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment