The Global Triethanolamine (TEA) Market was valued at US$ 832.6 Million in 2023 and is projected to reach US$ 1200.1 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period (2024–2030). This robust growth is fueled by escalating demand from the cosmetics & personal care industry, expansion in construction activities driving cement grinding aid usage, and the chemical’s critical role as an emulsifier and neutralizer across diverse industrial applications.

As industries worldwide pivot towards high-performance and sustainable formulations, the role of versatile chemical intermediates like Triethanolamine becomes increasingly vital. In this analysis, we profile the Top 10 Companies in the Triethanolamine (TEA) Industry—a group of global chemical giants and specialized producers shaping the supply chain for this essential amine.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High-purity TEA grades (99%, 85%-99%), Custom formulations

BASF is a global leader in the chemical industry and a major producer of ethanolamines, including Triethanolamine. The company’s integrated production facilities and robust R&D capabilities allow it to supply high-quality TEA to a vast network of customers in sectors like construction, agrochemicals, and personal care.

Innovation & Market Strategy:

• Focus on producing high-purity TEA for sensitive applications like cosmetics.
• Strong global distribution network ensuring supply chain reliability.
• Investment in sustainable production processes and bio-based alternatives research.

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9️⃣ 2. DOW Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: TEA for Cement Grinding Aids, Surfactants, Gas Treating

DOW is a cornerstone of the global TEA market, leveraging its massive ethylene oxide production capacity. Its TEA products are critical components in formulations for cement grinding aids, which enhance the efficiency of cement production, as well as in personal care and cleaning products.

Innovation & Market Strategy:

• Leading supplier of TEA for the construction industry’s cement additives.
• Development of specialty TEA blends for enhanced performance in end-use applications.

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8️⃣ 3. Ineos Oxide

Headquarters: Rolle, Switzerland
Key Offering: Standard and custom TEA grades

Ineos Oxide is one of the world’s largest merchant sellers of Ethanolamines, with a significant market share in TEA. The company’s production plants in Europe and the US are strategically positioned to serve global markets, particularly in surfactants and agrochemicals.

Innovation & Market Strategy:

• Large-scale, cost-competitive production from world-scale EO (Ethylene Oxide) plants.
• Strong focus on the European and North American surfactant markets.

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Triethanolamine (TEA) Market – View in Detailed Research Report

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7️⃣ 4. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: TEA for Polyurethane catalysts, Textile chemicals

Huntsman is a key global player in differentiated chemicals, and its TEA production supports several of its downstream businesses. It is a major supplier of TEA used as a catalyst in the production of flexible polyurethane foams, a large and growing market.

Innovation & Market Strategy:

• Strategic use of TEA as an intermediate within its polyurethanes and performance products segments.
• Focus on high-value applications beyond commodity sales.

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6️⃣ 5. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: TEA for Paints & Coatings, Personal Care

While primarily known as a paints and coatings giant, AkzoNobel’s chemical arm, formerly part of Nouryon, has a strong position in amine derivatives. The company utilizes TEA extensively in its own products and supplies it to the market for use as a dispersant and neutralizer.

Innovation & Market Strategy:

• Vertical integration, using TEA in high-performance coating formulations.
• Development of eco-friendly formulations leveraging TEA’s properties.

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5️⃣ 6. Nippon Shokubai Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: High-purity TEA for Electronics, Superplasticizers

Nippon Shokubai is a leading Japanese chemical company with a strong focus on functional chemicals. It is a significant TEA producer in the Asia-Pacific region, catering to the demanding markets of electronics, where ultra-pure TEA is used, and construction chemicals.

Innovation & Market Strategy:

• Leading position in the high-growth Asia-Pacific market.
• Specialization in high-value, high-purity TEA grades for niche applications.

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4️⃣ 7. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: TEA for Agro-chemicals, Resins

Mitsui Chemicals is a major Japanese chemical producer with a diversified portfolio. Its production of TEA supports various downstream segments, including agrochemicals, where TEA is used as an emulsifier, and in the production of synthetic resins.

Innovation & Market Strategy:

• Integration of TEA production into its broader petrochemical value chain.
• Focus on serving the advanced manufacturing and agricultural sectors in Asia.

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3️⃣ 8. KPX Green Chemical

Headquarters: Ulsan, South Korea
Key Offering: TEA for Detergents, Textile auxiliaries

KPX Green Chemical is a prominent producer of ethanolamines in South Korea. The company has carved out a strong position in the regional market, supplying TEA primarily to the detergent and textile industries, which are major consumers in Asia.

Innovation & Market Strategy:

• Strong regional focus on the rapidly growing South Korean and Southeast Asian markets.
• Competitive pricing and logistics for regional customers.

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Triethanolamine (TEA) Market – View in Detailed Research Report

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2️⃣ 9. OUCC (Oxiranchem Company)

Headquarters: Jiangsu, China
Key Offering: TEA for Construction, Metalworking fluids

As part of China’s Sinopec group, OUCC is a major domestic producer of ethylene oxide and its derivatives, including Triethanolamine. The company plays a crucial role in supplying the massive Chinese industrial market, particularly for construction and metal treatment applications.

Innovation & Market Strategy:

• Dominant position in the world’s largest TEA consumption market, China.
• Cost-advantaged production based on integrated feedstock supply.

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1️⃣ 10. Maoming PetroChemical Shihua

Headquarters: Guangdong, China
Key Offering: Commodity-grade TEA for various industrial uses

Maoming PetroChemical Shihua is another significant Chinese producer of TEA, contributing to the country’s self-sufficiency in this chemical. The company supplies the domestic market with TEA used in a wide array of industrial applications, from coatings to chemical synthesis.

Innovation & Market Strategy:

• Focus on serving the broad, volume-driven Chinese industrial base.
• Expansion of production capacity to meet growing local demand.

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🧪 Outlook: The Future of Triethanolamine (TEA) Relies on Sustainability and Specialization

The Triethanolamine market is experiencing a strategic evolution. While traditional industrial applications continue to drive volume, the industry is increasingly focused on developing greener alternatives, optimizing production efficiencies, and creating high-purity specialty grades for advanced applications.

📈 Key Trends Shaping the TEA Market:

• Rising demand for bio-based and green surfactants in personal care and home care products.
• Increasing use of TEA-based cement grinding aids to reduce the carbon footprint of construction.
• Growth in the agrochemicals sector, where TEA is a key emulsifying agent.
• Technological advancements in purification processes to meet the stringent requirements of the electronics and pharmaceuticals industries.

Read Full Report:
Triethanolamine (TEA) Market – View in Detailed Research Report

The companies profiled above are not just supplying a chemical; they are enabling the formulations that drive modern industry and everyday consumer products, constantly innovating to meet the demands of a more sustainable and performance-driven world.