Press release
Polyetheramine Market is estimated to grow at a CAGR of 9.43% during 2014 to 2023 Huntsman Corporation, BASF SE, Yantai Minsheng Chemical Co., Ltd., Yangzhou Chenhua, New Materials, Ltd.
According to the research report, the global Polyetheramine Market was worth USD 0.48 billion in 2014 and is expected to reach approximately USD 1.09 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.43% during the forecast period.
Polyetheramine Market Overview:
Polyetheramine is a polymer that contains polyether and amine moieties. It is also known as polyaziridine, which is used to improve the flexibility, toughness and hydrophobicity of products. It is used as a curing agent in a wide range of applications such as polyamides, polyurea and epoxy curing.
Browse details of 100 numbers of pages research report developed on Polyetheramine Market @ https://www.researchcosmos.com/reports/polyetheramine-market-by-type-and-application-global-industry-analysis-and-forecast-to-2023/82097934
Polyetheramine Market Drivers, Challenges and Opportunities:
The global market is expected to grow strongly due to the expansion of end-user industries. The increased use of polyetheramine-based compounds in the wind energy sector in the last few years is expected to stimulate the market over the forecast period. In terms of type, it is estimated that the diamine segment is growing strongly due to the increased use of blade composites. Rising demand for renewable energy is driving the wind industry market. This, in turn, is expected to increase the market for polyetheramines during the forecast period. The segment of epoxy coating applications represented a significant share of the global market in 2016, which is expected to grow significantly in the near future. Increasing the cost of epoxy coatings in construction industry is expected to increase the demand. Epoxy coatings are durable coatings used in adhesives, metals, floors, etc.
However, increasing environmental regulations on the use of polyetheramines because of their potentially harmful impact on aquatic life could hinder market growth over the forecast period.
Population growth in emerging countries and increased local production for final consumption are expected to boost its consumption. It is also believed that expansion in industries such as cement additives and acid neutralization will support the market boom.
Polyetheramine Market Regional Analysis:
Geographically, the Asia-Pacific region accounted for a large share of the global polyetheramine market in 2016. The region is expected to continue to dominate during the forecast period. Population growth, increased demand for renewable energy and the expansion of end-user industries are the factors that are supporting the market demand in Asia-Pacific. The polymer is also gaining ground in the region because of its burst and fatigue resistance properties.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/polyetheramine-market-by-type-and-application-global-industry-analysis-and-forecast-to-2023/82097934
Polyetheramine Market Key Market Players:
Among the main competitors in the polyetheramine market are Huntsman Corporation, BASF SE, Yantai Minsheng Chemical Co., Ltd., Yangzhou Chenhua, New Materials, Ltd.
Polyetheramine Market Segmentation
By Type
• Diamine
• Monoamine
• Triamine
By Application
• Polyurea
• Adhesives & Sealants
• Fuel Additives
• Epoxy Coatings
• Composites
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/polyetheramine-market-by-type-and-application-global-industry-analysis-and-forecast-to-2023/82097934
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