Diethanolamine (DEA) price October 2024 and outlook (see chart below)
- North America:US$1.01/KG, -1% down
- Northeast Asia:US$0.89/KG, -1.1% down
- Europe:US$1.29/KG, -0.8% down
- South America:US$1.04/KG, -1% down
- Middle East:US$0.95/KG, -1% down
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Diethanolamine (DEA) price index
This post is a summary of the Diethanolamine (DEA) price developments. The price developments of Diethanolamine (DEA) are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Diethanolamine (DEA) price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Diethanolamine (DEA) prices is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Diethanolamine (DEA) prices
- Recent price developments of underlying feedstocks which drive the price of Diethanolamine (DEA)
- Market futures for both cost drives and feedstocks of Diethanolamine (DEA) prices
- Adjustment of current supply/demand imbalances in the Diethanolamine (DEA) market
- Longer term trends in likely demand conditions
Further information on the Diethanolamine (DEA) price chart
What is Diethanolamine (DEA)
Diethanolamine (DEA) is an organic compound with the formula C₄H₁₁NO₂, classified as both an amine and an alcohol. It is a colorless, viscous liquid with a slight ammonia-like odor.
How is Diethanolamine (DEA) produced
Diethanolamine is produced by the reaction of ethylene oxide with ammonia, resulting in a mixture of ethanolamines: monoethanolamine (MEA), diethanolamine (DEA), and triethanolamine (TEA). The process involves controlling the stoichiometry to favor DEA production, followed by separation of the ethanolamines through distillation.
What is Diethanolamine (DEA) used for
Surfactants and Detergents
DEA is widely used in the production of shampoos, soaps, and liquid detergents, where it acts as an emulsifier and surfactant to improve cleaning efficiency.
Gas Treatment
In the oil and gas industry, DEA is used in gas treatment processes to remove acidic gases like carbon dioxide (CO₂) and hydrogen sulfide (H₂S) from natural gas streams.
Cosmetics
It is used in personal care products for its emulsifying properties.
Herbicides
DEA is also employed as an intermediate in the synthesis of certain herbicides and pesticides.
Due to concerns about the potential formation of carcinogenic nitrosamines, DEA use is regulated in some applications, particularly in personal care products.
How big is the global Diethanolamine (DEA) market
The global Diethanolamine (DEA) market is significant within the broader chemicals industry, as DEA is widely used in the production of surfactants, personal care products, and as an intermediate in various industrial applications.
Market Size and Growth
Market Valuation (2023): The global diethanolamine market was valued at approximately USD 1.1 to 1.3 billion in 2023.
Growth Rate: The market is projected to grow at a CAGR of around 4-5% from 2023 to 2030, reaching a market size of approximately USD 1.7 to 2.0 billion by 2030.
Key Drivers
Personal Care and Cosmetics: DEA is a key ingredient in shampoos, soaps, and cosmetics, where it acts as a surfactant and emulsifier.
Detergents and Cleaners: Its use in household and industrial cleaning products drives significant demand.
Oil and Gas Industry: DEA is used in gas treatment processes to remove acid gases like CO₂ and H₂S.
Agriculture: DEA is used as a herbicide and pesticide intermediate.
Challenges
Regulations: DEA’s potential for forming harmful nitrosamines has led to regulatory scrutiny, particularly in cosmetics and personal care products.
Conclusion
The DEA market is expected to grow steadily, driven by demand in consumer products, industrial applications, and oil and gas processing, despite regulatory challenges.