“Global Polyetheramine Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global polyetheramine market report has been segmented on the basis of type, application, and region.
Polyetheramine Market: Introduction
Polyethylenimine is polymer containing polyether and amine moieties, also known as polyaziridine, used to improve flexibility, hydrophobicity, and toughness of products. Polyethylenimine is used as curing agent in a various application such as polyurea, polyamides, and epoxy curing. Moreover, polyetheramine is utilized in sealants, elastomers, adhesives, and ink resins. Polyetheramine possesses enough glass transition, ranges from 25 to 100°C and are available in colorless liquid form together with an odor similar to that of the amines. In addition, polyetheramine is utilized as fuel additives for cleaning of valves, carburetors, and injectors. These products are widely used in construction, automotive, and paints & coating industries. Polyetheramine has other end-uses including acid neutralization, cement additives, and demulsification of an oilfield.
Polyetheramine Market: Dynamics
Increasing adoption for polyetheramine across various end-use application industries including epoxy coatings and adhesives and sealants is a factor expected to propel the global market growth. In addition, increasing demand for polyetheramine for composites and fuel additives application is a key factor expected to propel the global market growth in the years to come.
In addition, rapid growth in wind energy building & construction industries is among another factor expected to propel the target market growth over the years to come. Increasing demand for polyetheramine products owing to its unique and versatility physical properties from various manufacturing industries in developing and developed countries is additional factor expected to augment the global market growth.
However, poor response to UV/VIS is a factor estimated to restraint the target market growth. In addition, rapid development of bio-based products is another factor projected to challenges the global market growth to significant extent.
Polyetheramine Market: Segment Insights
Among the type segments, the Diamine segment is expected to witness higher revenue share in the global polyetheramine market. Diamines are miscible with wide range of solvents, and used in different applications. They are used in formulating hot-melt adhesives, epoxy curing agent, salts for surfactant use, polyureas, polyurethanes, reaction injection molding (RIM) process, antistatic agents, thermoplastic polyamide adhesives, and biocompatible articles and coatings. Diamine segment is anticipated to register highest CAGR over the forecast period.
Among the application segments, the composites segment is expected to record major revenue share in the global polyetheramine market, owing to increasing adoption of composites and adhesives in the wind power sector. Polyetheramine is utilized as a precursor in the composites to enhance its properties, and thus is expected to grow at the fastest CAGR. The enhanced properties offered by polyetheramine such as burst resistance, improved fatigue, and flexibility are driving demand from the composites segment.
Polyetheramine Market: Region Insights
Asia Pacific polyetheramine market is expected to record highest revenue share contribution in the global polyetheramine market, owing to increasing demand for polyetheramines from the clean energy sector. Asia Pacific market is expected to register highest revenue growth, owing to increasing demand from construction and automotive industries and development in paint and coating industry in the countries in region.
Global polyetheramine market segmentation:
Segmentation by Type:
Segmentation by Application:
- Epoxy Coatings
- Adhesives & Sealants
- Fuel Additives
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Huntsman Corporation
- BASF SE
- Clariant AG
- Yangzhou Chenhua New Material Co., Ltd.
- Wuxi Acryl Technology Co., Ltd.
- Yantai Gem Chemicals Co., Ltd.
- Qingdao IRO Surfactant Co., Ltd.
- Yantai Humon Chemical Co., Ltd.
- Zibo Dexin Lianbang Chemical Industry Co., Ltd.
- the Aurora Chemical Co. Ltd.
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