Global Polyetheramine Market - Insight on the Analysis by Essential Factors and Trends In Industry by 2026
Definition:
Polyetheramines are the typical curing agents that are
colorless in nature and contain compounds like polyether and amine moieties
that are widely used to increase flexibility, toughness, hydrophobicity and
hydrophilicity. They have odour similar to amines and also, have long pot life.
Growing demand for polyetheramine for various applications like fuel additives,
composites, sealants & adhesives, polyuria and epoxy coating is driving the
market.
Analysis of Global Polyetheramine
Market report:
Global polyetheramine market is expected to rise to an estimated value of USD
1,652.52 million by 2026, registering a substantial CAGR in the
forecast period of 2019-2026. The rise in the market value can be attributed to
the growing building & construction industry, versatility and unique
physical properties of polyetheramine and growth in wind energy industry.
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Market Drivers:
·
Versatility and unique physical properties of polyetheramines
is expected to drive the market in the forecast period
·
Growing building & construction industry; this factor
will propel the market in near future
·
Growth in wind energy industry; this factor will also drive
the market
·
Usage of polyetheramines in the coating industry due to its
varied properties will also drive the market
Market Restraints:
·
Growing environmental concern due to excessive use of
polyetheramines; this factor is expected to restrain the market in the forecast
period
·
Volatility in the prices of raw materials, used for the
manufacturing of polyetheramines
·
Poor UV/VIS response; this factor will also restrain the
market in near future
Leading Key players profiled in this
report are:
Few of the major competitors currently working in the
polyetheramine market are Huntsman International LLC, BASF SE, Clariant,
Yangzhou Chenhua New Materials Co., Ltd., Wuxi Acryl Technology Co., Ltd.,
Yantai Minsheng Chemicals Co., Ltd., Iro Surfactant Co., Ltd., Yantai Dasteck
Chemicals Co., Ltd., Zibo Dexin Lianbang Chemical Industry Co., Ltd.,The Aurora
Chemical Co. Ltd. among others.
Global Polyetheramine Market
Segmentation:
By Type
·
Monoamine
·
Diamine
·
Triamine
By Distribution
Channel
·
Online
·
B2B
·
B2C
By Application
·
Epoxy Coating
·
Polyurea
·
Adhesives & Sealants
·
Composites
·
Fuel Additives
By Geography
·
North America
·
South America
·
Europe
·
Asia-Pacific
Competitive Analysis:
Global polyetheramine
market is highly fragmented and the major players have used various
strategies such as new product launches, expansions, agreements, joint
ventures, partnerships, acquisitions, and others to increase their footprints
in this market. The report includes market shares of polyetheramine market for
global, Europe, North America, Asia-Pacific, South America and Middle East
& Africa.
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The Global Polyetheramine Market report provides the global
market size of the main players in each region. Moreover, the report provides
knowledge of the leading markets players within the Global Polyetheramine
Market. The industry changing factors for the market segments are explored in
this report. This analysis report covers
the growth factors of the worldwide market based on end-users. Market
opportunities and recommendations for new investments are also encompassed in
this report.
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