The latest research report on Polyetheramine Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.
Global Polyetheramine Market is Valued at USD 0.66 Billion in 2018 and Expected to Reach USD 1.22 Billion by 2025 with the CAGR of 9.12% Over the Forecast Period.
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Scope of Global Polyetheramine Market
The Polyetheramine is also referred as polyaziridine. Polyetheramine is a polymer that contains polyether and amine moieties which is used to enhance toughness, flexibility, and hydrophobicity of the products. Polyetheramine shows glass transition state at temperature ranging from 25 to 100°C. Polyetheramine has odour like amines and available in the form of colourless liquid. Its products derivatives mainly contain ethylene oxide, propylene oxide, or a mixture of both compounds containing primary amino groups with polyether backbone.It is used as a curing agent for multiple applications such as polyurea, polyamides, and epoxy curing. In addition, polyetheramine is used in sealants, adhesives, elastomers, ink resins and for cleaning of carburetors, valves, and injectors which increases its demand as a fuel additive. Polyetheramine products has wide range of application in the paints & coating, construction, and automotive industries. Polyetheramine also has other uses including demulsification of an oilfield, acid neutralization, and cement additives.
GlobalPolyetheramineMarket Report is segmented based upon by Type, Applications,Distribution Channel& By Regional and Country level. Based upon type market is sub segmented as monoamine, diamine, and triamine. By application market is sub divided into epoxy coatings, polyurea, adhesive and sealants, fuel additives &composites among others. By distribution channel market is segmented into online, B2B and B2C.
The Regions covered in this Global Polyetheramine Market Report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, Global Polyetheramine Market is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players in Global Polyetheramine Market Report-
Global PolyetheramineMarket Report covers prominent players like Huntsman Corporation, BASF SE, Wuxi Acryl technology Co. Ltd, and Clariant among others.
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Huntsman to Increases Polyurethane Widens Portfolio and Catalyst Capacity in Conroe, Texas
News: On September 25, 2019, the key player in Global Polyetheramine Market, Huntsman announced that company will increasing it production capacity by 90% at its Conroe, Texas facility. This will help in developing its portfolio of polyurethane catalysts and specialty amines product for oilfield, polyurethane, coatings and electronics markets. The company has wide range of business segments in the market that enables company to gain high profit margin, help to make investments in strategic expansions and R&D activities, and enables to compensate losses from low performing business segments. The company also planning to expand its global production capacity by 30% – 40%.
Global Polyurethane Dynamics –
Huge consumption of Polyetheramine in epoxy coatings and several composite materials driving the growth of the Global Polyurethane Market. Growing demand for green and renewable energy across the world, rise of wind energy industry is one of the significant drivers for the increase demand of polyetheramine. As per GWEC wind power has major contribution in renewable power generation in 2015.Polyetheramineused in wind energy are manufactured using epoxy adhesives, and it’s blades are made from epoxy resin composites. Adhesives are made from polyetheramine which is used as a curing agent to connect the two halves of wind turbinesand enhances static and dynamic fracture toughness.Whereas China has installed figure of 30 GW wind turbines which rises opportunity for market. Additionally, demand for elastomers, sealants and adhesives are also expected to increase use of polyetheramine.
However, weak UV/VIS spectral stability is significant restraint for Global PolyetheramineMarket growth. When polyetheramineis exposed with ambient atmosphere, because of amine group, it gets oxidized and turned into yellow colour which restrict its use as a coating agent in luxury segments of vehicle.
Global PolyetheramineMarketRegional Analysis –
In term of geography, Asia Pacific dominates the Global Polyetheramine Market followed by North Amerika and Europe. Asia Pacific shows significant contribution both in terms of both volume and value and experiencing the huge demand of Polyetheramine in the sectors of energy and building & construction industries. As the high rate of adaptation of renewable energy in the region, it is majorly utilized in wind energy industry owing to the demand for polyetheramine in composites and adhesives applications. As per IBPS Indian market invested USD 90 billion and it is expected to continue with US 100 billion by 2024.Increasing population in developing countries, rise in local end-use production, and growth of manufacturing industry for coatings and adhesives & sealants is attributing the growth in the region.
Advancement in coating technologies, rising acceptance of renewable energy, and construction solutions for infrastructure development fuelling the growth of the polyetheramine market in North America.
Key Benefits for Global PolyetheramineMarket Reports –
Global Market report covers in depth historical and forecast analysis.
Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Market report helps to identify opportunities in marketplace.
Global Market report covers extensive analysis of emerging trends and competitive landscape.
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Global Polyetheramine Market Segmentation –By Type:
Monoamine
Diamine
Triamine
By Application:
Epoxy Coatings
Polyurea
Adhesive and Sealants
Composites
Fuel Additives
By Distribution Channel:
Online
B2B
B2C
By Regional & Country Analysis: (North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Table of Content
1 Study Coverage
1.1 Polyetheramine Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Polyetheramine Market Size
2.2 Polyetheramine Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.4 Key Trends for Polyetheramine Markets & Products
3 Market Size by Manufacturers
3.1 Polyetheramine Production by Manufacturers
3.2 Polyetheramine Revenue by Manufacturers
3.3 Polyetheramine Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Polyetheramine Production by Regions
4.1 Global Polyetheramine Production by Regions
4.2 North America
4.3 Europe
4.4 China
4.5 Japan
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