N-Methyl Diethanolamine (MDEA) is an organic compound that is a colorless liquid and has an ammonia odor. N-Methyl Diethanolamine is widely used as a sweetening agent in oil refineries, natural gas and syngas, and chemical production. The applications of MDEA include gas absorbent, catalyst for urethane and epoxy resin coating systems, and as formulators in the oil & gas industry.
MDEA is used as a softening agent in the textile industry. Softening agents are used to give better fabric handles, drapes, softness, cutting, and sewing qualities to the fabric. These softening agents are applied on yarn, fiber, knitted, and woven fabrics during the dyeing process. MDEA is also used in the manufacturing of dyes, paraffin emulsions, textile lubricants, and soap emulsifying agents in the textile industry.
Market Dynamics
MDEA is manufactured with different purities such as 99%, 97%, and 95%. Other segments include products that are offered with an MDEA concentration below 95%. Among product types, MDEA 99% segment accounted for the largest market share in the global N-Methyl Diethanolamine (MDEA) market in 2022. The segment contributed over 55.30% share in the global N-Methyl Diethanolamine (MDEA) market in terms of revenue.
Among regions, Asia Pacific held the dominant position in the global N-Methyl Diethanolamine (MDEA) market in terms of revenue share, in 2022. The region held around 35.50% of the total revenue share generated across the globe. The regional growth is derived from the expansion of end use industries such as textile and oil & gas coupled with the growing use of MDEA in these industries.
Key features of the study:
- This report provides in-depth analysis of global N-Methyl Diethanolamine (MDEA) market and provides market size (US$ Mn & KT) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global N-Methyl Diethanolamine (MDEA) market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include DowDuPont Inc., BASF SE, Eastman Chemical Company, Huntsman Corporation, Ineos Group Limited, Amines & Plasticizers Ltd., Sintez OKA Group, Advance Petrochemicals Ltd., Maoming Yunlong Industrial Development Co. Ltd., Nippon Nyukazai Co., Ltd., and Jiangsu Taihu New Materials Holding (Yancheng) Co., Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global N-Methyl Diethanolamine (MDEA) market report caters to various stakeholders in this industry including investors, suppliers, N-Methyl Diethanolamine (MDEA) manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global N-Methyl Diethanolamine (MDEA) market
Detailed Segmentation:
- Global N-Methyl Diethanolamine (MDEA) Market, By Product Type:
- MDEA 95%
- MDEA 97%
- MDEA 99%
- Others
- Global N-Methyl Diethanolamine (MDEA) Market, By Application:
- Gas Treatment
- Analgesics
- Epoxy Curing Agents
- Fabric Treatment
- Others
- Global N-Methyl Diethanolamine (MDEA) Market, By End User:
- Oil & Gas
- Textile
- Paint & Coatings
- Medical & Pharmaceutical
- Others
- Global N-Methyl Diethanolamine (MDEA) Market, By Region:
- North America
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Europe
- U.K.
- Germany
- Italy
- Spain
- Russia
- France
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- ASEAN
- Australia
- Rest of Asia Pacific
- Middle East
- Saudi Arabia
- UAE
- Oman
- Bahrain
- Qatar
- Kuwait
- Rest of Middle East
- Africa
- Southern Africa
- Central Africa
- Northern Africa
- Company Profiles
- Cyanotech Corporation*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- DowDuPont Inc.
- BASF SE
- Eastman Chemical Company
- Huntsman Corporation
- Ineos Group Limited
- Amines & Plasticizers Ltd.
- Sintez OKA Group
- Advance Petrochemicals Ltd.
- Maoming Yunlong Industrial Development Co. Ltd.
- Nippon Nyukazai Co., Ltd.
- Jiangsu Taihu New Materials Holding (Yancheng) Co., Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
