The global triethanolamine market stood at approximately USD 1.6 billion in 2024 and is expected to reach nearly USD 2.6 billion by 2034, growing at a CAGR of 4.8% over the forecast period. TEA is a viscous, colorless compound known for its multifunctional roles as a surfactant, pH balancer, and emulsifying agent. It is widely used in personal care products, industrial cleaning agents, textiles, and metalworking fluids. Among its various grades, the 99% purity segment holds a dominant position due to its high performance and reliability. Offline distribution remains the most preferred channel, accounting for a significant market share. Regionally, North America leads the global market with a share of about 47.4%, mainly due to its mature manufacturing infrastructure and high consumption in industrial applications. The market continues to see stable growth, fueled by demand across consumer and industrial end-use sectors.
