Global N-Methyl Diethanolamine (MDEA) Market Growing Rapidly as German Chemicals Manufacturer BASF SE expands its specialty amines plant in Nanjing Chemical Industry Park, China

 

 


N-Methyl Diethanolamine is a natural organic compound. It has an ammonia smell and is colorless. It dissolves in water, ethanol, chloroform, methanol, and nitrogen. N-Methyl Diethanolamine is used as a deodorant and antiperspirant. It was first developed as an antiseptic for wounds and burns. N-Methyl Diethanolamine is used as an antiseptic to cure bacterial infection and wounds. It is also used as a deodorant. It also has antibacterial and antiviral properties. The name of this compound is derived from the fact that it is derived from methyl groups. The methyl group contains hydrogen, oxygen, carbon, and nitrogen. In the process of synthesizing this compound, the methyl group was converted into its corresponding carbon and hydrogen atoms. The resulting substance is known as methyl methane and is also known as N -methyl-ethylamine.

Increasing demand for MDEA from the oil and gas industry is expected to drive growth of the global N-methyl diethanolamine (MDEA) market during the forecast period. MEDA has mainly used oil & gas processing as the gas stream contains a certain amount of H2S as well as organic sulfur. This needs to be removed before gas processing. Although MEA, an amine-based compound, is used to remove CO2 and H2S, it has a lower CO2 loading capacity than MDEA. As a result of this MDEA has become a widely used product for gas treatment. Thus, these factors are expected to drive growth of the global N-methyl diethanolamine (MDEA) market during the forecast period. Furthermore, increasing use in textile and paints & coatings industries is expected to boost the global N-methyl diethanolamine (MDEA) market growth over the forecast period.

However, adverse effects of MDEA on the environment as well as the presence of alternatives are expected to hinder the global N-methyl diethanolamine (MDEA) market growth in the near future. Among regions, Asia Pacific is expected to hold a dominant position in the global N-methyl diethanolamine (MDEA) market during the forecast period. This is owing to the presence of major consumers as well as manufacturers across India and China. Furthermore, the expansion of the textiles and paints & coatings sector is expected to boost the regional market growth.

Key companies involved in the global N-methyl diethanolamine (MDEA) market are Amines & Plasticizers Ltd., BASF SE, INEOS GROUP HOLDINGS S.A., Changzhou Yuping Chemical Co. Ltd., Yixing Xingguang Baoyi Chemical Co. Ltd., Eastman Chemical Company, The Dow Chemical Company, Sichuan Institute of Fine Chemical Industry Research and Design, and Huntsman Corporation.

For instance, in September 2017, BASF SE announced to build a new specialty amines plant at its existing site in Nanjing Chemical Industry Park in China.

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