The global triethanolamine market is valued at US$ 1.2 billion in 2023 and is projected to grow at a CAGR of 5.2%, reaching US$ 2 billion by 2033. Sales of 99% purity grade triethanolamine are expected to rise at a CAGR of 5.5%, achieving a market value of US$ 1.1 billion by the end of 2033.

Triethanolamine, also known as Tri (2-hydroxyethyl) amine, is a tertiary amine with the chemical formula C6H15NO3. It is produced through the reaction of aqueous ammonia and ethylene oxide, yielding ethanolamine, diethanolamine, and triethanolamine. This viscous compound is characterized by an ammonia-like odor.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
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Country-wise Insights

Japan is witnessing significant production and consumption of skincare and cosmetics products. As one of the world’s leading cosmetics producers, the country has a growing demand for triethanolamine as a key ingredient. The demand for triethanolamine in Japan is projected to grow at a CAGR of 4.2% from 2023 to 2033, reaching a market value of US$ 165 million by 2033.

In South Korea, triethanolamine sales are expected to reach US$ 140.6 million by 2033, expanding at a CAGR of 3.8% over the forecast period. South Korea is a top exporter of cosmetics, driving the increased production of personal care products. Consequently, the demand for triethanolamine is set to rise due to its role in cosmetics manufacturing.

Category-wise Insights

The global triethanolamine market is segmented by purity levels into 99%, 98%, and 85% triethanolamine. The 99% purity grade is projected to reach a market value of US$ 1.1 billion by 2033, growing at a CAGR of 5.5%. Known for its hygroscopic properties, 99% pure triethanolamine is widely used in hair products such as setting gels, sprays, shampoos, conditioners, and perm solutions.

Additionally, triethanolamine is a key ingredient in products like crayons, eyeshadows, face washes, mascaras, eye creams, and moisturizers, further driving global demand across various personal care and cosmetic applications.

Read More: https://www.factmr.com/report/1810/triethanolamine-market

Key Market Players

Leading suppliers of triethanolamine are focusing on delivering user-friendly and safer products to attract a broader consumer base and enhance brand loyalty. Prominent market players are expected to leverage advanced manufacturing techniques to ensure high product standards and rigorous quality control. Efficient supply chain management is also anticipated to play a crucial role in shaping market growth opportunities.

Key players in the triethanolamine market include BASF, Nouryon, Huntsman Corporation, Nippon Shokubai, SABIC, INEOS Oxide, Jiahua Chemicals Inc., Sintez OKA Group of Companies, Oriental Union Chemical Corporation, The Dow Chemical Company, PCC Group, and San Fu Chemical Co Ltd. These companies are employing various strategies to expand their global presence and strengthen their market positions.

Segmentation of Triethanolamine Industry Research

By Purity Level :
99% Triethanolamine
98% Triethanolamine
85% Triethanolamine
By Grade :
Research Purposes
Commercial Purposes
By Function :
Additives
Intermediates
Surfactants
Corrosion Inhibitors
Neutralizers
Softening Agents
Others
By Application :
Detergent Manufacturing
Personal Care & Cosmetics
Textile Finishing
Concrete Admixtures
Agricultural Chemicals
Photographic Emulsions
Engineering/Metal-working Fluids
Rubber & PU Foams
By Region :
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
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Key Takeaways from Market Study


East Asia accounts for the most consumption of triethanolamine, with an absolute $ opportunity worth US$ 288 Mn predicted by 2031.

Followed by East Asia, South Asia & Oceania is anticipated to garner a dollar opportunity of US$ 120 Mn over the long-run forecast period.

On the basis of purity level, 99% purity grade triethanolamine dominates the market. In terms of volume, 99% purity grade is expected to register a CAGR of 4.5% over the forecast period, and gain around 144 BPS in market share.

Commercial grade triethanolamine is projected to create an absolute $ opportunity of US$ 616 Mn during forecast period of 2021 to 2031.

Textile finishing applications are projected to grow 1.5X in value over the next ten years.

Concrete admixture applications are projected to grow 1.7X in value during the forecast period of 2021-2031.

The Middle East & Africa and Latin America together hold a minute market share.
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