Aminoethylethanolamine Market Trend 2030 | Increasing use of AEEA for manufacturing wet-adhesion additives for latex paints

Acrylonitrile Market
Acrylonitrile Market

The global Aminoethylethanolamine (AEEA) market size was significantly robust in 2021 and is expected to register a rapid revenue CAGR over the forecast period. Increasing use of AEEA for manufacturing wet-adhesion additives for latex paints, industrial production of fuel and oil additives, and as a building block for fabric softeners and surfactants are some key factors expected to drive market revenue growth over the forecast period. Aminoethylethanolamine makes the textiles less harsh and more pleasing to touch. It is also used as an intermediate to produce polycarboxylic acids and chelating agents. In addition, 2-aminomethylethanolamine is increasingly used as an absorbent for carbon dioxide from post-combustion exhaust gases. This is another factor expected to contribute to revenue growth to a significant extent over the forecast period.

Aminoethylethanolamine (AEEA) is a diamine comprising two atoms of nitrogen that effectively absorb carbon dioxide and one OH group that boosts solubility of AEEA in aqueous solutions. AEEA exhibits higher performance as compared to other industrial amines owing to higher solubility, lower vapor pressure, greater heat absorption, higher absorption capacity, and lower desorption energy. Aminoethylethanolamine (AEEA) is a member of the class of ethyleneamines and is widely used in a broad array of applications. AEEA is a colorless liquid and has a higher viscosity as compared to Ethylenediamine (EDA) and Ethylenediaminetetraacetic acid (EDTA).

This report on the Aminoethylethanolamine market offers an extensive analysis of the trends to estimate its growth in the near future. It provides historical investigation and evaluates the trends observed in the data gathered to speculate the development in its size, share, demand, total earnings, and revenue. It considers the years 2019 and 2020 to collect historical data while considering 2021 as the base year to draw a forecast for the years 2022 to 2030. This assessment indicates a stable CAGR in the predicted duration and discusses those sectors that might boost the development of the industry.

 Click the link to get a Sample Copy of the Report:@ https://www.reportsanddata.com/sample-enquiry-form/4991

Major Factors Driving Revenue Growth:

Increasing use of aminoethylethanolamine in urethane systems and as an intermediate for pharmaceutical, personal care, water treatment products, agrochemicals, rubber chemicals, and paper chemicals, among others is a key factor expected to drive market revenue growth over the forecast period. Aminoethylethanolamine is used as an admixture in the production of shampoos, cationic surfactants, chelating agents, and antistatic agents. Aminoethylethanolamine is widely used in the production of ion exchange resins and water soluble cationic flocculants that readily absorb colloidal and solid particles through electrostatic attraction and are applied for water treatment. AEEA is also used to remove hydrogen sulfide gas and carbon dioxide from gas streams in natural and refinery gas facilities and operations. Increasing use of aminoethylethanolamine in gas treating industry is another factor expected to contribute to revenue growth of the market going ahead.

Factors Restraining Revenue Growth:

Adverse side effects of aminoethylethanolamine such as probability of severe skin burns on exposure, damage to eyes, respiratory damage caused by inhalation, and ability to cause allergic skin reaction are some factors that can limit the use of aminoethylethanolamine in certain end-use applications. Increasing incidences of contact allergy caused due to extensive use of detergents containing amphoacetates is another factor expected to hamper use of AEEA. Aminoethylethanolamine is a reagent used in the synthesis of amphoacetates and has a sensitizing power. Aminoethylethanolamine is also reported as a cause of occupational contact allergy in cable jointers. Accidental ingestion of aminoethylethanolamine can cause burns to the membrane of mouth, throat, and stomach and can cause gastrointestinal irritation and ulceration.

Major Companies in the Market Include:

  • BASF SE
  • Nouryon
  • Dow Chemical Company
  • Parsol Chemicals Pvt. Ltd.
  • Huntsman Corporation (HUN)
  • Restek Corporation
  • Otto Chemie Pvt. Ltd.
  • PolyOne Corporation
  • Sanitized AG
  • BioCote Limited

Gain a better understanding of what more we have to offer @ https://www.reportsanddata.com/download-summary-form/4991

Grade Outlook (Revenue, USD Billion; 2019-2030)

  • <99%
  • >99%

Application Outlook (Revenue, USD Billion; 2019-2030)

  • Chelating Agent
  • Surfactants
  • Textile Additives
  • Lubricants
  • Fabric Softeners
  • Others

Regional Outlook

For comprehensive understanding of market dynamics, the global Aminoethylethanolamine market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/4991  

Some points on how the report benefits stakeholders:

  • The reports include historical (2019–2021) and forecast (2022–2030) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
  • Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2019 and 2030.
  • The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
  • The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.
  • Market research analysis is vital for all crucial business strategies and can aid in numerous ways to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements, and various other factors that enhance sales of a firm or perhaps provide insights to focus on mergers and acquisitions as a strategy or enter into strategic agreements or joint ventures etc.
  • The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments product /services, expansion strategies, investments in expansion, and more.
  • Finally, the Aminoethylethanolamine Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

To know more about the report @ https://www.reportsanddata.com/report-detail/aminoethylethanolamine-market

Thank you for reading the report. Kindly contact us to know more about the customization plan that we offer as per client requirement. Our team will ensure that the report is well suited as per your requirement.

Browse More Reports and Data’s Trending Report:

Nickel Sulfate Market: https://www.reportsanddata.com/report-detail/nickel-sulfate-market

Nano Silica Market: https://www.reportsanddata.com/report-detail/nano-silica-market

Polymer Stabilizer Market: https://www.reportsanddata.com/report-detail/polymer-stabilizer-market

Rheology Modifiers Market: https://www.reportsanddata.com/report-detail/rheology-modifiers-market

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

LinkedIn | Twitter | Blogs | Facebook

You may also like...

Leave a Reply

Your email address will not be published.