MONOISOPROPANOLAMINE MARKET ANALYSIS

Regional Analysis

Market Outlook

Among regions, North America held dominant position in the market in 2015. However, the market is expected to witness slow growth over the forecast period, owing to increasing regulations on the production process of monoisopropanolamine. Although monoisopropanolamine is biodegradable, it can act as an artificial air pollutant. The market in Asia Pacific is expected to witness significant growth, owing to increasing industrial and agricultural development in economies such as India and China. Growing paints and coatings industry is also expected to contribute to the market share of Asia Pacific. The market in Europe is majorly driven by increasing demand for titanium dioxide in the automotive industry.