The Global Ethanolamine Market was valued at US$ 3,388.2 Million in 2022 and is projected to reach US$ 4,760.1 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period (2024-2029). This sustained expansion is being driven by rising demand for surfactants in personal care products, increasing agrochemical production, and the accelerating adoption of natural gas treatment solutions across industrial and manufacturing sectors.

As the chemical industry evolves toward more sustainable and efficient production processes, the focus shifts to the key manufacturers who are driving innovation, quality, and cleaner chemical pathways. In this blog, we profile the Top 10 Companies in the Ethanolamine Industry—a mix of chemical giants, specialty producers, and green chemistry pioneers shaping the future of global chemical intermediates.

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🔟 1. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: MEA, DEA, TEA, and specialty ethanolamine derivatives

Dow Chemical is among the world’s leading ethanolamine producers, offering high-purity monoethanolamine, diethanolamine, and triethanolamine across global markets. Their performance materials division serves diverse industries including personal care, agriculture, and construction, with significant investments in sustainable production technologies and circular economy initiatives.

Sustainability Initiatives:

• Advanced production process optimization

• Ethanolamine partnerships with global chemical distributors

• Committed to carbon neutrality across operations by 2050

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

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9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: MEA, DEA, TEA, customized ethanolamine blends

BASF operates ethanolamine production facilities in multiple continents and serves over 10,000 industrial customers annually. It is a significant player in sustainable chemical production, aiming to meet both regulatory requirements and customer sustainability expectations.

Sustainability Initiatives:

• Strategic investments in bio-based ethanolamine pathways

• Collaboration with end-users to develop application-specific solutions

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8️⃣ 3. Ineos Oxides

Headquarters: Rolle, Switzerland
Key Offering: High-purity ethanolamines, amine derivatives

Ineos Oxides is one of Europe’s largest ethanolamine producers, with manufacturing sites in Germany, Belgium, and the United States. The company focuses on producing ethanolamines from ethylene oxide and ammonia through advanced catalytic processes.

Sustainability Initiatives:

• Implementation of energy-efficient production technologies

• Development of next-generation ethanolamine applications

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7️⃣ 4. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: MEA, DEA, TEA, ethanolamine-based intermediates

Huntsman’s performance products division delivers ethanolamines and derivatives to markets worldwide, with a strong focus on quality control and supply chain reliability.

Sustainability Initiatives:

• Water reduction initiatives in manufacturing processes

• Partnerships with sustainability-focused customers

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

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6️⃣ 5. Akzo Nobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Ethanolamine products, specialty surfactants

Akzo Nobel manufactures ethanolamines through its specialty chemicals business unit, serving markets across Europe, Asia, and the Americas with consistent product quality and technical support.

Sustainability Initiatives:

• Continuous improvement in production efficiency

• Focus on developing eco-friendly ethanolamine applications

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5️⃣ 6. Nippon Shokubai Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: High-purity ethanolamines, chemical intermediates

Nippon Shokubai is a leading ethanolamine producer in Asia, with advanced manufacturing capabilities and strong regional market presence.

Sustainability Initiatives:

• Investment in catalyst technology for improved yields

• Expansion of production capacity to meet growing market demand

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4️⃣ 7. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: MEA, DEA, TEA, specialty chemicals

Mitsui Chemicals operates ethanolamine production facilities in Japan and Southeast Asia, serving both domestic and international markets with reliable supply and technical expertise.

Sustainability Initiatives:

• Development of green chemistry applications

• Quality assurance programs for industrial applications

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3️⃣ 8. KPX Green Chemical

Headquarters: Seoul, South Korea
Key Offering: High-purity ethanolamines, amine derivatives

KPX Green Chemical is a significant ethanolamine producer in South Korea, with investments in production technology and market development across Asia-Pacific region.

Sustainability Initiatives:

• Energy optimization in manufacturing processes

• Regional partnerships for market expansion

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2️⃣ 9. Arak Petrochemical Company

Headquarters: Arak, Iran
Key Offering: MEA, DEA, TEA, industrial chemicals

Arak Petrochemical Company is a major ethanolamine producer in the Middle East, with focus on regional market supply and export opportunities.

Sustainability Initiatives:

• Process optimization for reduced environmental impact

• Quality management systems for international standards

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1️⃣ 10. OUCC (Oriental Union Chemical Corporation)

Headquarters: Taipei, Taiwan
Key Offering: Ethanolamine products, chemical intermediates

OUCC operates ethanolamine production facilities in Taiwan and serves markets throughout Asia with focus on quality consistency and customer service excellence.

Sustainability Initiatives:

• Environmental management system implementation

• Regional supply chain development

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

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🌍 Outlook: The Future of Ethanolamine Is Sustainable and Diversified

The ethanolamine market is experiencing significant transformation. While traditional applications continue to drive volume, the industry is increasingly focused on bio-based alternatives, process optimization, and sustainable application development.

📈 Key Trends Shaping the Market:

• Expanding applications in personal care and cosmetics industries

• Regulatory emphasis on environmental compliance and worker safety

• Digitalization of chemical supply chains and quality tracking

• Manufacturer-end user collaborations for customized solutions

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

The companies listed above are not only supplying essential chemical intermediates—they’re pioneering the sustainable transformation of the chemical manufacturing landscape.