The Global Monoethanolamine Market was valued at USD 2,846.6 Million in 2021 and is projected to reach USD 3,359 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 2.4% during the forecast period (2022–2028). This steady growth is primarily driven by its extensive use as a key intermediate in the production of agrochemicals, surfactants, and personal care products, alongside its critical role in gas treatment processes for carbon dioxide removal.

As industries worldwide prioritize sustainability and process efficiency, the demand for high-purity chemical intermediates like monoethanolamine (MEA) continues to expand. In this blog, we profile the Top 10 Companies in the Monoethanolamine Industry—a group of global chemical leaders and specialized producers who are shaping supply chains and driving technological advancements.

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🔟 1. Lubrizol Corporation

Headquarters: Wickliffe, Ohio, USA
Key Offering: High-Purity Monoethanolamine, Chemical Intermediates

Lubrizol, a subsidiary of Berkshire Hathaway, is a premier specialty chemical company with a significant presence in the monoethanolamine market. Its products are essential for formulating lubricants, paints, and agrochemicals, serving a diverse industrial clientele globally.

Innovation & Sustainability Focus:

• Advanced purification technologies for high-grade MEA
• Investment in sustainable manufacturing processes
• Strong R&D focus on eco-friendly chemical solutions

Download FREE Sample Report: Monoethanolamine Market – View in Detailed Research Report

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9️⃣ 2. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: MEA for Paints, Coatings, and Surfactants

AkzoNobel is a leading global paints and coatings company, and a major consumer and supplier of monoethanolamine. Its extensive product portfolio relies on MEA for producing resins, additives, and surface-active agents used across various industries.

Innovation & Sustainability Focus:

• Commitment to 100% renewable energy in manufacturing
• Development of low-VOC products using MEA
• Circular economy initiatives for chemical production

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8️⃣ 3. Colonial Chemical Group

Headquarters: Piscataway, New Jersey, USA
Key Offering: MEAPSA Surfactants, Custom Amine Derivatives

Colonial Chemical specializes in the development and manufacturing of specialty surfactants and amine-based chemicals, with monoethanolamine being a core raw material. The company serves the household, industrial, and institutional cleaning markets.

Innovation & Sustainability Focus:

• Bio-based and renewable feedstock development
• Formulation of high-performance, sustainable surfactants

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7️⃣ 4. Stepan Company

Headquarters: Northfield, Illinois, USA
Key Offering: Surfactants, Polyurethane Polyols (using MEA)

Stepan Company is a major global producer of surfactants and polyurethane polyols, utilizing monoethanolamine extensively in its manufacturing processes. The company’s products are critical components in detergents, personal care items, and rigid foam insulation.

Innovation & Sustainability Focus:

• Focus on biodegradable surfactant technologies
• Energy-efficient manufacturing operations

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6️⃣ 5. Ele Corporation

Headquarters: Seoul, South Korea
Key Offering: MEA, Ethanolamines, Alkyl Alkanolamines

Ele Corporation is a significant producer of ethanolamines in the Asian market, with a strong focus on monoethanolamine for industrial and specialty applications. The company supplies key sectors including textiles, agrochemicals, and construction.

Innovation & Sustainability Focus:

• Expansion of production capacity to meet regional demand
• Development of eco-friendly chemical processes

Download FREE Sample Report: Monoethanolamine Market – View in Detailed Research Report

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5️⃣ 6. Enaspol a.s.

Headquarters: Neratovice, Czech Republic
Key Offering: Monoethanolamine, Polyether Polyols

Enaspol is a Central European leader in the production of petrochemical products, including monoethanolamine. The company serves the construction, automotive, and furniture industries with its polyurethane systems and chemical intermediates.

Innovation & Sustainability Focus:

• Investment in modern, efficient production technologies
• Commitment to reducing environmental footprint

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4️⃣ 7. Kao Corporation

Headquarters: Tokyo, Japan
Key Offering: MEA-based Surfactants for Cosmetics & Detergents

Kao Corporation is a global chemical and cosmetics giant, leveraging monoethanolamine in its extensive portfolio of household and personal care products. The company’s focus on quality and innovation makes it a key player in the high-purity MEA market.

Innovation & Sustainability Focus:

• Pioneering bio-based and mild surfactant technologies
• Ambitious sustainability goals for carbon neutrality

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3️⃣ 8. Kawaken Fine Chemicals Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Specialty Ethanolamines, Fine Chemicals

Kawaken Fine Chemicals is a Japanese specialty chemical manufacturer with expertise in ethanolamine derivatives. The company produces high-value MEA-based compounds for the electronics, pharmaceutical, and agrochemical industries.

Innovation & Sustainability Focus:

• Development of high-purity specialty amines
• Focus on niche applications with high growth potential

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2️⃣ 9. Miwon Commercial Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: MEA, DEA, TEA, and other Amines

Miwon Commercial is a leading South Korean chemical company specializing in ethanolamines and their derivatives. The company has a strong regional presence and supplies MEA to various downstream industries across Asia.

Innovation & Sustainability Focus:

• Continuous process optimization for cost efficiency
• Expansion into green chemistry applications

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1️⃣ 10. Zhejiang Zanyu Technology Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Surfactants, MEA, Detergent Intermediates

Zhejiang Zanyu Technology is one of China’s major surfactant producers, with significant production capacity for monoethanolamine. The company plays a crucial role in the regional supply chain for home care, personal care, and industrial applications.

Innovation & Sustainability Focus:

• Large-scale, integrated manufacturing facilities
• Focus on cost-effective production for mass markets

Get Full Report Here: Monoethanolamine Market – View in Detailed Research Report

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🌍 Outlook: The Future of Monoethanolamine Is Driven by Sustainability and Specialization

The monoethanolamine market is experiencing a strategic evolution. While traditional applications in surfactants and gas treatment remain dominant, the industry is increasingly focusing on green chemistry principles, process optimization, and high-value specialty derivatives.

📈 Key Trends Shaping the Market:

• Growing demand for bio-based and renewable MEA derivatives
• Stringent environmental regulations driving cleaner production technologies
• Expansion of MEA applications in carbon capture and storage (CCS) systems
• Increasing investments in Asia-Pacific production capacity

Get Full Report Here: Monoethanolamine Market – View in Detailed Research Report

The companies listed above are not only supplying essential chemical intermediates—they are advancing the sustainable transformation of multiple global industries.