N-METHYL DIETHANOLAMINE (MDEA) MARKET ANALYSIS

N-Methyl Diethanolamine (MDEA) Market, By Product Type (MDEA 95%, MDEA 97%, MDEA 99%, and Others), By Application (Gas Treatment, Analgesics, Epoxy Curing Agents, Fabric Treatment, and Others), By End User (Oil & Gas, Textile, Paint & Coatings, Medical & Pharmaceutical, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Mar 2023
Code : CMI2695
Pages :211
Formats :
Excel and PDF
Industry : Bulk Chemicals

N-Methyl Diethanolamine (MDEA) MarketSize and Trends

The global N-methyl diethanolamine (MDEA) market was valued at US$ 635.7 Mn in 2022 and is expected to register a CAGR of 5.65% in terms of revenue over the forecast period (2023-2030), to reach US$ 987.1 Mn by 2030.

The N-Methyl Diethanolamine (MDEA) market is projected to grow substantially over the forecast period attributed to increasing demand for carbon capture and sequestration (CCS) coupled with growing demand for MDEA from the oil & gas industry. Greenhouse gas (GHG) emission is increasing globally, owing to increasing urbanization.

*Market Size: US$ 635.7 Mn in 2022

*Forecast Period: 2023 to 2030

*CAGR: 5.65%

*2022 Value Projection of US$ 987.1 Mn