Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker Global N-Methyl Diethanolamine (MDEA) Market – Insights ● N-Methyl Diethanolamine is also known as Methyl Diethanolamine or MDEA with chemical formula CH3N (C2H 4O H)2. MDEA is a colorless yellow liquid with ammonia odor. It is used as decarbonizer and sweetening agent in gas synthesis, oil refinery, chemical, and natural gas. The N-Methyl Diethanolamine (MDEA) market is projected to grow substantially over the forecast period attributing to increasing demand for carbon capture and sequestration (CCS) coupled with growing demand for MDEA from oil & gas industry. ● Greenhouse gas (GHG) emission is increasing globally, owing to increasing urbanization. For instance, according to the U.S. Environmental Protection Agency, total U.S. greenhouse gas emission was 6,456.7 million metric tons of carbon dioxide equivalents in 2017, of which 82% was carbon dioxide itself. Carbon Capture and Sequestration (CCS) provides sustainable solution for reducing GHG emission. CO2 emission is controlled in CCS process by first collecting/absorbing CO2 from industrial process streams, which is then stored underground, by which CO2 will not be released to the atmosphere.
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