N-Methyldiethanolamine Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030
N-Methyldiethanolamine, also known as methyl diethanolamine, or MDEA, is an organic compound with the formula CH3N(C2H4OH)2. The product is a colorless liquid with an ammonia odor. It is miscible with water, alcohol, and benzene. N-Methyldiethanolamine is used for amine gas treating, also known as gas sweetening or acid gas removal, the removal of hydrogen sulfide and carbon dioxide from gases in the petrochemical industry.
The Dow Chemical Company, Eastman Chemical Company, BASF SE, and Amines & Plasticizers Ltd. are major manufacturers of N-Methyldiethanolamine. The top four manufacturers account for almost 35% share of the total market. These companies have integrated operations and are also manufacturers of methylamine, ethylene oxide, and diethanolamine, which are key raw materials that are utilized for the manufacturing of MDEA. These companies are majorly into captive consumption of the products manufactured by them.
The Global N-Methyldiethanolamine Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global N-Methyldiethanolamine Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Eastman Chemical
The Dow Chemical Company
BASF
Amines & Plasticizers Ltd.
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
MDEA 95%
MDEA 97%
MDEA 99%
Others
In Market segmentation by applications :
Oil & Gas
Textile
Medical
Paints & Coatings
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the N-Methyldiethanolamine Market for the forecast period 2023-2030?
• What are the driving forces in the N-Methyldiethanolamine Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the N-Methyldiethanolamine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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