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Polyetheramine Market Prospects for Long-Term Value & Growth 2024 - 2031 | Wuxi Acryl Technology Co., Ltd., Yantai Dasteck Chemicals Co.

07-29-2024 08:52 AM CET | Chemicals & Materials

Press release from: CMI

Polyetheramine Market

Polyetheramine Market

Market Overview:

Polyetheramine are utilized in various end use industries like paints and coatings, construction, wind energy, adhesives and sealants, among others.They are used as curing agents for epoxy resins applied in floor coatings, protective coatings, and adhesives.

Market Dynamics:

The global polyetheramine market is expected to witness significant growth over the forecast period, owing to increasing demand from construction industry. Polyetheramine find extensive usage in construction industries for applications such as flooring, adhesives, and sealants. Moreover, rapid infrastructure development projects across emerging economies are expected to augment the market growth. Furthermore, growing demand for polyurethane coatings from automotive and packaging industries is also projected to fuel the market during the forecast period.

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Major Growth Driver: Rising Applications of Polyetheramine in Epoxy Resins

Polyetheramine is increasingly being used as a curing agent in epoxy resin formulations. Epoxy resins find widespread applications in coatings, adhesives, composites and several other industries due to their excellent adhesion, chemical resistance and mechanical properties. The global epoxy resin market is growing at a steady pace driven by the construction and transportation sectors. Polyetheramine plays a vital role in imparting strength and flexibility to cured epoxy resins. It enables epoxy formulations to adhere and bond effectively to different substrates. The expanding applications of epoxy resins in surface coatings, electronics, wind turbine blades and pipe linings is propelling the demand for polyetheramine.

Significant Opportunity: Developments in High-Performance Composite Materials

Composite materials prepared from epoxy resins reinforced with fibers offer high strength-to-weight ratio making them suitable for applications where lightweight and high durability are critical. Polyetheramine plays a vital role as epoxy curing agent in producing high-performance composites used across various industries including aerospace, automotive, marine and wind energy. Continuous R&D towards developing novel epoxy formulations with advanced polyetheramines having tailored curing behavior can further expand the composites market. This would open up new growth avenues for polyetheramine producers. As composites penetration increases in load-bearing structural and safety-critical applications, polyetheramine as a Composite matrix hardener is poised to benefit.

Emerging Trend: Rising Adoption of Bio-Based and Renewable Polyetheramines

With the increasing focus on sustainability, manufacturers are developing bio-based and renewable alternatives to fossil fuel-based polyetheramines. Plant-derived raw materials like sugars and vegetable oils are being used to synthesize polyetheramines through fermentation processes. These bio-polyetheramines have identical performance as petroleum-based variants but with reduced carbon footprint. They can enable product manufacturers to attain sustainability targets and certifications. This emerging trend marries business interests with environmental priorities. As sustainability gains prominence worldwide, the demand for bio-based polyetheramines is expected to rise exponentially in the coming years.

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Top Companies Featured in This Report:

β˜… Wuxi Acryl Technology Co., Ltd.,
β˜… Yantai Dasteck Chemicals Co., Ltd.,
β˜… Yantai Minsheng Chemicals Co.
β˜… Ltd
β˜… Aurora Chemical Co. Ltd.
β˜… Zibo Dexin Lianbang Chemical Industry Co., Ltd.,

Market Segmentation:

By Product Type:

β˜… Monoamine
β˜… Diamine
β˜… Triamine
β˜… Others

By Applications:

β˜… Polyurea
β˜… Adhesives
β˜… Sealants
β˜… Epoxy coatings
β˜… Composites
β˜… Fuel additives
β˜… Others

Key Regions/Countries Classified as Follows:

Β» North America (U.S., Canada, Mexico)
Β» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Β» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
Β» South America (Brazil, Argentina, Rest of SA)
Β» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Trends in Navigation Keyword Market:

Market Growth: Expect significant expansion in the navigation keyword market, with a projected Compound Annual Growth Rate (CAGR) of 14.65% from 2024 to 2031.

Increasing Demand: Notice a surge in demand for navigation keywords due to the widespread adoption of GPS-enabled devices and the need for precise mapping data.

Technological Innovations: Witness innovative breakthroughs enhancing the accuracy and reliability of navigation keywords, such as real-time traffic updates, 3D mapping, and augmented reality.

Tailored Solutions: Explore industry-specific navigation keyword solutions designed to meet the unique needs of automotive, aviation, and maritime sectors.

Integration with Advanced Technologies: Embrace the integration of navigation keywords with cutting-edge technologies like artificial intelligence and the Internet of Things, unlocking advanced functionalities.

Mobile Applications: Embrace the convenience and accessibility of navigation keywords through mobile applications, catering to the evolving needs of consumers.

Environmental Sustainability: Embrace environmentally conscious navigation keyword solutions that address issues like traffic congestion and air quality, promoting sustainable transportation options.

Report Highlights:

πŸ“ˆ Examination of navigation keyword market share at both country and regional levels

πŸ“ˆ Thorough analysis of the competitive landscape and emerging trends

πŸ“ˆ Detailed review of product advancements, technological developments, drivers, and limitations

πŸ“ˆ Strategic recommendations tailored for key business segments based on market insights

πŸ“ˆ Valuable guidance for newcomers venturing into the navigation keyword market

Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/452

Author Bio:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )

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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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