LONDON, Nov. 23, 2016 /PRNewswire/ -- Ethanolamines are organic amino alcohol manufactured by the reaction between ethylene oxide and ammonia. Three types of ethanolamines are produced commercially - monoethanolamines (MEA), diethanolamines (DEA), and triethanolamines (TEA). Production of MEA, DEA, and TEA depends on the number of ethylene oxide molecules reacting with single molecule of ammonia. Chemical properties of ethanolamines combine properties of both amines and alcohols. Thus, the versatile chemical features of ethanolamines enable its usage in applications such as surfactants, chemical intermediates, herbicides, gas treatment, and cement. Asia Pacific has been dominating the ethanolamines market in terms of demand, followed by North America and Europe, since the past few years. Asia Pacific is expected to experience growing demand for ethanolamines during the forecast period. The report estimates and forecasts the ethanolamines market on the global, regional, and country level. The study provides forecast from 2016 to 2024 based on volume (kilo tons) and revenue (US$ Mn). The report comprises an exhaustive value chain analysis, which provides a comprehensive view of the market. The value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints of the ethanolamines market along with their impact on demand during the forecast period. The report analyzes opportunities in the ethanolamines market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. The report includes Porter's Five Forces Model to determine the degree of competition in the ethanolamines market. A qualitative write-up on market attractiveness analysis, wherein applications and countries have been analyzed based on attractiveness is included. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report includes price trend analysis for ethanolamines from 2015 to 2024.