Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Ethyleneamines Market to Reach USD 2.4 Billion by 2025, Driven by the Increase in the Use of Resin-Type Materials

According to a new report by EMR titled, ‘Global Ethyleneamines Market Report and Forecast 2020-2025’, the global market for ethyenelamines attained a value of about USD 1.8 billion in 2019. The industry is further expected to grow at a CAGR of 5% in the forecast period of 2020-2025 to reach a value of USD 2.4 billion by 2025.

The increase in the use of resins in various industries, including paper, oil, and lubricants, is expected to drive the growth of the ethyleneamines industry due to the product’s application in the production of various resin-type materials. Diethylenetriamine-based polyamines are used to make resins that are commonly used as additives to increase the wet-strength of paper, such as in tissues and packaging. Some forms of ethyleneamines are used in the making of resins that act as lubricants in several industries.

In 2016, BASF (OTCMKTS: BASFY), one of the global leaders of the ethyleneamines industry, made the decision to raise the prices of ethylenediamine (one of the major types of ethyleneamines) with immediate effect in the Asia Pacific. This was in response to the increasing demand for the material in the region. This move was imitated by Tosoh (TYO: 4042) in late 2017, leading to an increase in prices for all their ethyleneamines products globally. In their annual report in 2018, Tosoh announced that its Specialty Group, as an initiative to increase scope and stabilise profits of chemical businesses, aimed to strengthen the foundation of its ethyleneamines products, among others. In October 2019, Nouryon Chemicals Holding B.V., another leading producer of ethyleneamines, confirmed its plans to build a world-scale facility for the production of ethyleneamines due to its new-found technology to produce ethyleneamines with significantly reduced raw material consumption and dramatically improved cost and waste efficiency. This is expected to be a big step forward for the industry in the future.

Market Analysis by Type, Application, and Region:

  • The market on the basis of type can be divided into ethylenediamene (EDA), diethylenetriamine (DETA), triethylenetetramine (TETA), tetraethylenepentamine (TEPA), aminoethylpiperazine (AEP-HP), and others.
  • Based on application, the industry can be divided into agrochemicals, automotive, adhesives, paints, and resins, paper and pulp, pharmaceuticals, personal care, oil and gas, textile chemicals, and water treatment, among others.
  • The regional markets for ethyleneamines include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The growing agrochemicals industry is expected to be a major driver for the ethyleneamines industry growth.
  • There has been an increase in the use of chemicals in the manufacture of general products, and this is expected to increase demand for ethyleneamines due to their ability to control the properties of a wide variety of chemicals.
  • The growth of resin-based applications, such as in the packaging and lubricant industries, is expected to aid the expansion of the global ethyleneamines industry.
  • The surge in the pharmaceutical industry is expected to sharply increase the demand for ethyleneamines in the forecast period.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for ethyleneamines for the periods (2015-2019) and (2020-2025).
  • The report also offers the historical (2015-2019) and forecast (2020-2025) market information for the types, applications, and major regions of ethyleneamines.
  • It assesses the regional price trends for the (2015-2019) and (2020-2025) periods.
  • The market report also analyses the trade data by covering the major importing and exporting countries.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global ethyleneamines market are Huntsman International LLC, Tosoh Corporation, Nouryon Chemicals Holding B.V., BASF SE, Delamine B.V., and Diamines and Chemicals Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Colophony Market Report and Forecast 2020-2025


Global Triacetin Market Report and Forecast 2020-2025


Global Anthracene Market Report and Forecast 2020-2025


Global Arylamines Market Report and Forecast 2020-2025


NEWSLETTER