Polyether Amine Market Trend, Covid-19 Outbreak, Application, Industry Overview, Key Players, Share and Forecast to 2025

Polyether Amine Market – Overview

Polyether amines are organic derivatives of ammonia, in which one, two, or all three of the hydrogen of ammonia are replaced by organic groups. These amines have excellent physical and chemical properties and can offer better color and heat stability along with improved oil solubility. The global polyether amine market is expected grow moderately and register a positive CAGR over the forecast period. Some of the protuberant drivers supporting the growth of global polyether amines market are identified as, rising need for crop protection chemicals in emerging economies and high growth in end-use industries across the globe. However, the raw material required for the manufacturing of polyether amines is very high. Additionally, the availability of raw materials for production of polyether amines is also a challenging task for the manufacturers which may restrain these specialty amine market. The usage of polyether amines is accompanied by harmful effects on environment and human health, hence stringent environmental regulations would reduce the consumption and production of amines, which is a threat to this market.

Polyether Amine Market - Regional Analysis

Asia Pacific region accounted largest market share in the global polyether amine market and expected to dominate during the forecast period due to rising agriculture sector in developing economies, water treatment, adhesives and growing pharmaceutical industry in the region. China being largest consumer, manufacturer and exporter of polyether Amine. Chinese manufacturers are mostly small manufacturers and some of the prominent manufacturers. India is the second largest consumer in Asia Pacific region. Several initiatives taken by Government of India will support the growth of coating industry in India. One of such initiative is 'Make in India'. This initiative is expected to foster growth in Indian anti-reflective coating market by allowing duty rationalization for skill development, feedstock, improving infrastructure and tax incentives for R&D investments. Approval of the GST bill is another key reform which is expected to lower logistics cost by 10-15% and create a unified market across the country. The launch of Single Window Interface for Facilitating Trade (SWIFT) by government would help importers or exporters to file a common integrated declaration, instead of 9 forms across 6 agencies. In addition to this, North America & Europe have witnessed healthy growth in polyether amine market owing to a growing non-residential repair, renovation and new construction activities in the region.

Segmentation Analysis

 Global Polyether Amine Market Trend has been segmented based on type, application, and region. Based on type, the global polyetheramine market has been categorized into monoamine, diamine, triamine, and others. Based on application, the global polyetheramine market has been classified into polyurea, composites, fuel additives, epoxy coatings, adhesives and sealants, and others. By region, the global polyetheramine market has been studied for five key regions—Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

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Key Players

Some of the key players operating in the Global Polyetheramine Market are Clariant (Switzerland), Huntsman International LLC (US), ZIBO DEXIN LIANBANG CHEMICAL INDUSTRY CO., LTD (China), Yangzhou Chenhua New Material Co., Ltd (China), Yantai Dasteck Chemicals Co., Ltd (China), BASF SE (Germany), Qingdao IRO Surfactant Co., Ltd, and WUXI ACRYL TECHNOLOGY CO.,LTD (China).

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