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Global N-Methyl Diethanolamine (MDEA) Market to Reach US$ 865.2 Mn by 2027

N-Methyl Diethanolamine is also known as Methyl Diethanolamine or MDEA with chemical formula CH3N (C2H4OH)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.