What is Global Ethyleneamines Market?
The Global Ethyleneamines Market is a vast and dynamic sector that encompasses a wide range of products and applications. Ethyleneamines are organic compounds that are primarily used in the production of resins, adhesives, and pharmaceuticals. They are derived from ethylene oxide, which is a key raw material in the chemical industry. The market for these compounds is global in nature, with demand stemming from various industries across the world. The market's size was estimated to be around US$ 1508 million in 2022. This figure is expected to increase to US$ 1711.1 million by 2029, indicating a Compound Annual Growth Rate (CAGR) of 1.8% from 2023 to 2029.
EDA, DETA, Piperazine, TETA, AEEA, AEP, HEP, Other in the Global Ethyleneamines Market:
Ethyleneamines come in various types, including EDA, DETA, Piperazine, TETA, AEEA, AEP, HEP, among others. EDA, or Ethylenediamine, is the most common type, accounting for about 50% of the global market. It is widely used in the production of resins and is also a key ingredient in certain pharmaceuticals. DETA, or Diethylenetriamine, is another important type of ethyleneamine. It is primarily used in the production of adhesives and sealants. Piperazine is a type of ethyleneamine that is commonly used in the pharmaceutical industry, particularly in the production of anti-parasitic drugs. TETA, AEEA, AEP, and HEP are other types of ethyleneamines, each with their own specific uses and applications.
Agriculture, Chemical Industry, Textile, Oil, Resin, Medicine, Other in the Global Ethyleneamines Market:
The Global Ethyleneamines Market finds its usage in a variety of sectors. In agriculture, they are used as a component in the production of pesticides and fertilizers. The chemical industry uses ethyleneamines in the production of resins, adhesives, and various other chemical compounds. In the textile industry, they are used in the production of fabric softeners and dye fixatives. The oil industry uses ethyleneamines as corrosion inhibitors and in the production of fuel additives. In the field of medicine, ethyleneamines are used in the production of pharmaceuticals, particularly in drugs used to treat parasitic infections. Other uses of ethyleneamines include the production of paper and pulp, water treatment, and in the rubber industry.
Global Ethyleneamines Market Outlook:
The global Ethyleneamines market, as per the recent market outlook, was valued at US$ 1508 million in 2022. It is projected to grow and reach a value of US$ 1711.1 million by 2029. This growth trajectory translates to a Compound Annual Growth Rate (CAGR) of 1.8% during the forecast period from 2023 to 2029. The market is dominated by a couple of key players who collectively hold about 40% of the global market share. The most prevalent type of ethyleneamine in the market is EDA, which accounts for approximately 50% of the market.
| Report Metric | Details |
| Report Name | Ethyleneamines Market |
| Accounted market size in 2023 | US$ 1508 million |
| Forecasted market size in 2030 | US$ 1711.1 million |
| CAGR | 1.8% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Dow, Nouryon (AkzoNobel), Huntsman, BASF, Tosoh, Delamine, Shandong Lianmeng Chemical, Arabian Amines Company, Diamines And Chemicals Limited (DACL) |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
