Ethyleneamines Market 2017 to 2019: Trends, Analysis, Research
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The report covers the global ethyleneamines market. It divides the market on the basis of types, applications and regions. The market data for these types is given with respect to volume (Kilo Tons) and value ($Million).
The key companies in this market are Akzo Nobel N.V. (The Netherlands), Huntsman Corporation (U.S), The Dow Chemical Company (U.S.), BASF S.E. (Germany), Tosoh Corporation (Japan), Delamine (The Netherlands), Diamines & chemical limited (India), and others. These companies are consistently focusing on expanding their production capacity and launching new products to achieve a competitive advantage, and thereby serving the customers more effectively. Investments in the expansion of installed manufacturing capacity was the most preferred strategy by the top players from 2010 to 2014.
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The global ethyleneamines market is projected to reach $2,138.28 million by 2019, expected to grow at a CAGR of 7.81% between 2014 and 2019. Currently, Asia-Pacific region is the largest consumer of ethyleneamines. Among all the countries in this region, China and India are the important consumers of ethyleneamines. China held the largest share in the regional consumption in terms of volume in 2013. The market size in terms of volume is comparatively low in the RoW, but growing economies in this region such as Brazil and Middle East Countries are projected to push the market in next five years.
The global ethyleneamines market, along with its end products, has witnessed an intense growth in the past few years. This growth is estimated to continue in the next five years. High demand for ethyleneamines from end-user industry from the emerging economies, such as China, India, and South-East Asian countries are the major drivers as per the current market dynamics. Also, such demand is backed by newer applications. The upcoming technological advancements, bio-raw material developments, and innovative techniques developed for the use of ethyleneamines are expected to be the key influencing factors in the global market, with increased emphasis on the current cost and their applications.
Scope of the report:
This research report categorizes the global market for ethyleneamines on the basis of its applications and regions, along with forecasting volumes, values, and analyzing trends in each of the submarkets.
On the basis of types:
The market for ethyleneamines is segmented on the basis of its types, such as ethylenediamine, diethyleneamine, triethylenetetramine, and other higher ethyleneamines.
On the basis of applications industry:
The ethyleneamines market is segmented on the basis of its applications, such as resin, paper, automotive, adhesive, water treatment, agro chemical, pharmaceutical, personal care, textile chemical, and other applications industry.
On the basis of regions:
A detailed segmentation is done for ethyleneamines for the key regions that include Asia-Pacific, North America, Europe, and RoW and further for the important countries in each region.
Browse complete report on Ethyleneamines Market by Type (Ethylenediamine, Diethylenetriamine, Triethylenetetramine & Others), by Application (Resin, Paper, Automotive, Adhesive, Water Treatment, Agriculture, Pharmaceutical, Personal Care, Textile & Others) - Global Forecasts to 2019 with 146 pages, now available
The different strategies adopted by the leading companies to capture the market in developing economies include expansions and partnerships. These companies are projected to focus on expansions with larger capacities to cater to the high demand statistics of the market. Increasing end-user demand for ethyleneamines led ethyleneamine’s manufacturer Huntsman to enter joint venture with Zamil Group (Arabian Amines company), a 50-50% joint venture to produce and operate ethyleneamines in Saudi Arabia, in 2008. It is expected that more companies will start the production of ethyleneamines to cater to the increasing demand globally.
The Asia-Pacific region, with rising end-user industry demand, has emerged to be the driving factor in this market, with China being the leading country in the consumption of ethyleneamines due to the increasing demand from the allied industries and the large population needs. The emerging economies, such as India, Brazil, and South East Asian countries are further lined up for improved growth in this market with healthier socio-economic factors.
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