MONOETHANOLAMINE MARKET ANALYSIS

Regional Analysis

Market Outlook

On the basis of region, the global monoethanolamine market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East. The market in Europe is expected to witness significant growth, owing to growing personal care industry in the region. Monoethanolamine is used to neutralize fatty acids that find application as emulsifiers for oil-in water emulsions such as aerosol shave creams, geltype industrial hand cleaners, and hand and body lotions. North America is expected to witness significant market share, owing to increasing demand for monoethanolamine in the textile industry. MEA is used as reaction intermediates for the preparation of durable press fabric finishes and softeners.