The ethyleneamines market, along with its end products, has witnessed an intense growth in the past few years. This is projected to remain the same in the next five years, especially in the Asia-Pacific and RoW regions. Leading manufacturers and their strategies to balance the current demand-supply issues and newer applications developments across the vertical industries are expected to be the key influencing factors in the ethyleneamines market. The industry is expected to increase its emphasis on the use of different applications of ethyleneamines that is expected to significantly drive its consumption in the next five years.
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The report “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”, report analyzes the global ethyleneamines market with respect to market drivers, opportunities, and trends in different regions
Asia-Pacific is the largest region, both in terms of volume and value, followed by Europe and North America. India, Russia, Brazil, and South East Asian countries are expected to continue as successful markets. The key players in the global ethyleneamines 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).
The emerging South-East Asian nations that host the global events related to chemical industry would supplement the growth of ethyleneamines market. An improved growth in industrial manufacturing, local end-user production, and increasing population in the emerging economies are expected to drive the consumption of ethyleneamines. Also, the key exporters besides the players in China to these countries, mainly, the important global manufacturers, such as BASF S.E. have been expanding their capacities of ethyleneamines in the recent past. It depicts the rising demand from South-East Asia as well as China and India in the Asia-Pacific region.
The ethyleneamines demand, in terms of value and volume, depicts the current and future projections, according to the parallel economic and industry outlook. This analysis covers important developments, expansions, agreements, and partnerships of the leading global companies.
The global ethyleneamines market was estimated to be is $1,364.90 million in 2013, and is projected to reach $2,138.28 million by 2019, expected to grow at a CAGR of 7.81% between 2014 and 2019. The high demand across the industries, such as resin, paper, automotive, adhesive, water treatment, agro chemical, pharmaceutical, personal care, textile chemical, and other is expected to increase the overall ethyleneamines consumption
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