The global ethanolamine market is expected to grow steadily over the next four years, with an annual growth rate of 5% to 6%. Meanwhile, production capacity is projected to increase at an average of 2.8% per year. With no major new large-scale ethanolamine plants currently in development worldwide, the utilization rates of existing facilities are likely to rise before 2010. As a result, global ethanolamine output is anticipated to reach 1.4 million tons by 2010.
Ethanolamine is a key fine chemical raw material, widely used across multiple industries. It serves as a surfactant, pharmaceutical ingredient, pesticide component, polyurethane additive, rubber processing aid, textile additive, and antifreeze agent. In 2005, global production capacity stood at 1.52 million tons annually, with the majority of production concentrated in North America (41%), Western Europe (29%), and the Asia-Pacific region (20%). The top four producers—Dow, Ineos, BASF, and Huntsman—held a combined capacity of 960,000 tons per year, accounting for roughly 63% of the world’s total.
In 2005, actual ethanolamine production reached 1.22 million tons, with an average plant operating rate of around 80%. Demand varied by region: the U.S. consumed approximately 57.46 million tons, Western Europe accounted for 31.36 million tons, the Asia-Pacific region for 24.31 million tons, and other regions for 10.9 million tons. Surfactants represented the largest end-use, consuming over 32% of total ethanolamine, followed by herbicides at 15%, and gas treatment applications at about 10%. This diverse application base underscores the material's importance in both industrial and consumer markets.
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