Product
Triethanolamine Price Trend and Forecast
Triethanolamine Price Trend and Forecast
Regional Price Trend
Get the latest insights on price movement and trend analysis of Triethanolamine in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Triethanolamine Price Trend for the First Half of 2023
Asia
In the initial months of the first quarter of 2023, the price trend of triethanolamine dipped due to the weak support from the feedstock materials and declining demand from the downstream industries. But in the subsequent months, the demand and overall market sentiments of the triethanolamine sector improved, giving the required push to the triethanolamine price trend.
In the second quarter, the downstream industries, such as cosmetics and automotive sectors, increased their number of orders and thus drove the price trend of triethanolamine in an upward trajectory. However, the trading activities saw a delay that slightly depleted the availability of the product in the market.
Europe
In Europe, the price trend of triethanolamine declined steeply in the first quarter as the domestic downstream industries continued to showcase low demand amid a high supply of the product in the region. In addition to this, in the second quarter, the falling prices of feedstock materials, weak economic conditions, and strong supply of triethanolamine adversely affected triethanolamine prices and ultimately caused the price trend of triethanolamine to slump.
North America
In North America, the price trend of triethanolamine suffered from muted demand from domestic and international buyers. Along with this, the cost of feedstocks also failed to support the triethanolamine market. Additionally, a high number of cheap imports from Asian nations and strong supply led to the problem of oversupply amid the falling North American economy, which eventually caused the price trend of triethanolamine to fall.
Analyst Insight
According to Procurement Resource, the price trend of Triethanolamine is estimated to depict a falling trend as struggling global economic conditions are expected to affect the demand for triethanolamine negatively.
Procurement Resource provides latest prices of Triethanolamine. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Triethanolamine is an organic compound with the chemical formula C6H15NO3. It is a colorless, viscous liquid with a slightly ammoniacal odor. Triethanolamine is used in various industrial applications, including cosmetics, textiles, paints, adhesives, and gas treating. Its versatile properties as an emulsifier, pH adjuster, and buffering agent make it valuable in formulations. It finds use in industries ranging from personal care to manufacturing, contributing to processes that require pH control, surface modification, and dispersion enhancement.
Product Details
| Report Features | Details |
| Product Name | Triethanolamine |
| Chemical formula | C6H15NO3 |
| Industrial Uses | Paints and coatings, Gas treating, Rubber industry, Pesticides production, Cement and concrete industry, Electronics manufacturing |
| CAS Number | 102-71-6 |
| Molecular weight | 149.188 g/mol |
| HS Code | 29221500 |
| Supplier Database | BASF SE, Ineos, Dow, Hubei Xian Lin Chemical Co Ltd, Nippon Shokubai Co Ltd, SABIC, Fushun Beifang Chemical Co Ltd |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
Ethylene oxide and aqueous ammonia react in this process, resulting in the production of triethanolamine as well as its byproducts ethanolamine and diethanolamine. The ratio of triethanolamine can be adjusted by adjusting the stoichiometry of the reactants.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
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