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Middle East N-Methyldiethanolamine (MDEA) Market Outlook and Forecast 2024-2030

Middle East N-Methyldiethanolamine (MDEA) Market Outlook and Forecast 2024-2030

  • Published on : 31 August 2024
  • Pages :200
  • Report Code:SMR-7996441

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Report overview

The Middle East N-Methyldiethanolamine (MDEA) Market was valued at US$ 189.2 million in 2023 and is projected to reach US$ 278.7 million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2023-2030).

N-Methyldiethanolamine (MDEA) is an organic chemical compound with the formula C5H13NO2. It is a colorless to pale yellow liquid that is both a tertiary amine and a diol. MDEA is primarily used as a gas-treating agent, particularly in removing hydrogen sulfide (H₂S) and carbon dioxide (CO₂) from natural gas and refinery process streams. Due to its selective absorption properties, it is favored in situations where CO₂ needs to be removed without significantly removing hydrocarbons.

Key Uses of MDEA:

  • Gas Sweetening: MDEA is widely used in the natural gas and petroleum industries for gas sweetening, where it removes H₂S and CO₂ from sour gas.
  • Chemical Synthesis: It serves as an intermediate in the synthesis of other chemicals, including surfactants, corrosion inhibitors, and fabric softeners.
  • Water Treatment: MDEA is also used in water treatment processes, particularly in the removal of acidic gases from industrial emissions.

Middle East MDEA Industry:

  1. Market Demand: The demand for MDEA in the Middle East is primarily driven by its extensive use in the oil and gas industry, particularly for gas sweetening processes in natural gas production and refining operations. The Middle East, being a major producer of oil and gas, has a significant need for MDEA in its refining and gas treatment facilities.

  2. Production: The production of MDEA in the Middle East is supported by local chemical manufacturers who supply the oil and gas sector. These manufacturers benefit from the region's abundant hydrocarbon resources, which provide the raw materials for MDEA production.

  3. Key Players: Major global chemical companies, along with regional players, are involved in the production and supply of MDEA in the Middle East. These companies often collaborate with local oil and gas enterprises to meet the demand.

  4. Strategic Importance: The strategic importance of MDEA in the Middle East's energy sector cannot be understated, as it plays a crucial role in ensuring that natural gas produced in the region meets export quality standards by effectively removing impurities like H₂S and CO₂.

  5. Market Growth: The growth of the MDEA market in the Middle East is expected to continue as the region expands its gas processing and refining capacities. This growth is also supported by the ongoing investments in the petrochemical sector, where MDEA is used in various applications.

Report Includes

This report is an essential reference for who looks for detailed information on Middle East N-Methyldiethanolamine (MDEA). The report covers data on Middle East markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Middle East major vendors¡¯ information. In addition to the data part, the report also provides overview of N-Methyldiethanolamine (MDEA), including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Middle East N-Methyldiethanolamine (MDEA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding N-Methyldiethanolamine (MDEA). This report contains market size and forecasts of N-Methyldiethanolamine (MDEA) in Middle East, including the following market information:
We surveyed the N-Methyldiethanolamine (MDEA) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Saudi Arabia
•    United Arab Emirates (UAE)
•    Qatar
•    Kuwait
•    Oman
•    Bahrain
•    Israel

by Products type:

•    MDEA Above 95.0%
•    MDEA Above 97.0%
•    MDEA Above 99.0%

by Application:

•    Gas Treatment
•    Textile & Fabric
•    Pharmaceuticals
•    Other-Industry

key players include: (At least 8-10 companies included)

•    Company 1
•     Company 2
•     Company 3
•     Company 4
•     Company 5
•     Company 6
•     Company 7
•     Company 8
•     Company 9
•     Company 10
For Company list, please ask for sample pages”

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies N-Methyldiethanolamine (MDEA) revenues in Middle East market, 2019-2024 (Estimated), ($ millions)
•    Key companies N-Methyldiethanolamine (MDEA) revenues share in Middle East market, 2023 (%)
•    Key companies N-Methyldiethanolamine (MDEA) sales in Middle East market, 2019-2024 (Estimated),
•    Key companies N-Methyldiethanolamine (MDEA) sales share in Middle East market, 2023 (%)

Key Points of this Report:
•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
•    The report covers Middle East and country-wise market of N-Methyldiethanolamine (MDEA)
•    It describes present situation, historical background and future forecast
•    Comprehensive data showing N-Methyldiethanolamine (MDEA) capacities, production, consumption, trade statistics, and prices in the recent years are provided
•    The report indicates a wealth of information on N-Methyldiethanolamine (MDEA) manufacturers
•    N-Methyldiethanolamine (MDEA) forecast for next five years, including market volumes and prices is also provided
•    Raw Material Supply and Downstream Consumer Information is also included
•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:
•    Analyzing the outlook of the market with the recent trends and SWOT analysis
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
•    Distribution Channel sales Analysis by Value
•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
•    1-year analyst support, along with the data support in excel format.