Ethylene Amine Market Review: In a recent research report by Market Research Community, the Ethylene Amine Market is expected to surpass USD 3.0 B
Ethylene Amine Market Review:
In a recent research report by Market Research Community, the Ethylene Amine Market is expected to surpass USD 3.0 Billion by the year 2030, from USD 2.0 Billion in 2022.
Global Ethylene Amine Market is anticipated to grow at a CAGR of 4.6% over the forecast period 2023 – 2030. Detailed analysis and research with respect to values, statistics, and drivers, restraints, and opportunities are accurate for the buyers to decide their goals and objectives. Every driving is elaborated with proper research and statistics from various major economies. The report is not only limited to the driving factors, opportunities, and challenges, but also comprise past scenario and consumer behavior, ongoing trends, and the future insights so that the companies can decide their production volume and reduce wastage.
The companies operating in the industry are constantly focused on product innovations introduction of novel techniques for meeting the consumers’ demand on the global scale. Reaching out to customers across the globe will help market players to make new connections and establish market in other economies.
Ethylene amine is a colorless, flammable, and corrosive organic compound with the chemical formula C2H4(NH2)2. It is a primary amine and has a strong ammonia-like odor. Ethylene amine is highly reactive and can participate in various chemical reactions, such as nucleophilic substitution and ring-opening polymerization.
The industry players profiled in the Ethylene Amine Market comprise Huntsman International LLC, Nouryon Chemicals Holding B.V, Sisco Research Laboratories Pvt. Ltd., Dow Chemical Company, Diamines & Chemicals Ltd., Akzo Nobel N.V., BASF SE, Tosoh USA, Inc., Matangi Industries LLP, and Mallak Specialties Pvt Ltd. These players are focused on adopting growth strategies, such as partnerships, acquisitions, mergers, joint venture, collaborations, and more.
Some of the companies that are profiled in this report are:
- Huntsman International LLC
- Nouryon Chemicals Holding B.V
- Sisco Research Laboratories Pvt. Ltd.
- Dow Chemical Company
- Diamines & Chemicals Ltd.
- Akzo Nobel N.V.
- BASF SE
- Tosoh USA, Inc.
- Matangi Industries LLP
- Mallak Specialties Pvt Ltd
By Product Type
Ethylenediamine (EDA), Diethylenetriamine (DETA), Triethylenetetramine (TETA), Tetraethylenepentamine (TEPA), and Aminoethylpiperazine (AEP)
By Manufacturing Process
Reaction between Ammonia and Ethylene Dichloride and Reaction between Ammonia and Ethylene Oxide
Resins, Chelating Agents Pesticides, Corrosion Inhibitors, Epoxy Curing Agents, Lube Oil, Fuel Additives, Adhesives and Sealants, and Others
Pharmaceutical, Paper and Pulp, Textiles, Water Treatment, and Others
Ethylene amine is commonly used as a building block for the synthesis of various chemicals, including chelating agents, surfactants, and adhesives. It is also used in the production of epoxy resins, textile treatments, and lubricants. Ethylene amine is a hazardous substance and requires careful handling due to its corrosive and toxic nature.
Significantly high initial investment is one of the major obstacles to the market
Lack of information and awareness for safety rules is also hampering the market growth
Stringent regulations laid down by government is yet another hampering factor of the market
The Ethylene Amine Market Growth is segmented on the basis of product, application, end user, and geography. Moreover, the industry players profiled in the report are increasingly adopting various growth strategies to create niche market in the industry, increase their sales, and ultimately expand their global reach. The market is majorly dominated in geographies like North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.
Market Research Community