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Morpholine Market Analysis

Report ID: GMI5649
Published Date: May 2023
Report Format: PDF

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Morpholine Market Analysis

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By manufacturing method, the morpholine market is segmented as diethanolamine method and diethylene glycol method. The diethanolamine segment accounted for more than USD 2 billion in 2022 owing to the expansion of the cosmetic industry and changing beauty standards, increasing the use of diethanolamine for morpholine. The diethanolamine method of manufacturing morpholine is considered safe for skin and has various uses in lubricant production for the textile industry, industrial gas purification, and utilized as an emulsifier and dispersing agent in agricultural chemicals.

The optical brighteners segment of the morpholine market is forecast to observe around 6% CAGR through 2032. Morpholine is utilized as a chemical polishing agent on glass and other optical parts to provide enhanced luster and purity on their surface in contrast to other coatings. In addition, morpholine is a safe option for usage in the optical sector since it has no negative impact on people or the environment, which is driving the segment growth further.

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Asia Pacific morpholine market size surpassed USD 0.95 billion in 2022, attributed to the expansion of the chemical industry in the APAC region. In addition, the availability of raw materials such as ethylene oxide and ammonia for the production of morpholines has accelerated market growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of morpholine valued at more than USD 3.5 billion in 2022 and will progress at a 6% CAGR between 2023 and 2032 propelled by increasing application in corrosion inhibitors.

The diethanolamine segment accounted for more than USD 2 billion in 2022 as a result of the expansion of the cosmetic industry and changing beauty standards.

The optical brighteners application segment will depict over 6% CAGR from 2023 to 2032 owing to its use as a chemical polishing agent on glass and other optical parts to provide enhanced luster and purity on their surface.

Asia Pacific industry size reached USD 0.95 billion in 2022, attributed to the availability of raw materials such as ethylene oxide and ammonia for the production of morpholines in the region.