Fact, in terms of worth. Sales of triethanolamine are expected to grow at a close to 5% CAGR between 2021 and 2031, according to MR. Demand is predicted to grow at a CAGR of roughly 4% over the same time period in terms of volume. By 2031, the market is expected to be worth roughly US$ 1.7 billion.
Over the next ten years, demand for 99 percent purity grade triethanolamine is predicted to increase by 144 BPS. With demand for triethanolamine in skincare products on the rise, the East Asian market is expected to account for the majority of triethanolamine consumption.
Key Market Segments Covered
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By Purity Level
- 99% Triethanolamine
- 98% Triethanolamine
- 85% Triethanolamine
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By Grade
- Triethanolamine for Research Purposes
- Triethanolamine for Commercial Purposes
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By Function
- Triethanolamine as Additives
- Triethanolamine as Intermediates
- Triethanolamine as Surfactants
- Triethanolamine as Corrosion inhibitors
- Triethanolamine as Neutralizers
- Triethanolamine as Softening Agents
- Others
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By Application
- Triethanolamine for Detergent Manufacturing
- Triethanolamine for Personal Care & Cosmetics
- Shampoos
- Shaving Creams
- Cosmetic Creams
- Lotions
- Sun care products
- Others
- Triethanolamine for Textile Finishing
- Triethanolamine for Concrete Admixtures
- Triethanolamine for Agricultural Chemicals
- Triethanolamine for Photographic Emulsions
- Triethanolamine for Engineering/ Metal-working Fluids
- Triethanolamine for Rubber & PU Foams
Competitive Environment
The majority of the companies profiled in the research have concentrated on launching new products and growing their manufacturing operations in developing countries. Innovation, cooperation with important actors, partnerships, strategic alliances, and the strengthening of regional and worldwide distribution networks are all examples of strategies. The team at Fact.MR has been keeping track of recent changes involving companies that manufacture triethanolamine, which are detailed in the entire report.
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