Polyetheramine Market Analysis, Share | Industry Size 2022

 

Polyetheramine Market

The Polyetheramine Market is anticipated to expand at a remarkable CAGR during the forecast period (2021-2028).

The factors driving the growth of Polyetheramine Market includes increasing application of Polyetheramine in automotive & transportation and building & construction industries and growing adoption of renewable energy sources of energy. According to the report published by Bloomberg, the Global Wind Energy Market is anticipated reach USD 287 billion by the end of 2027, growing at a robust CAGR of 24.4% during the forecast period (2021-2027), which is expected to boost the Polyetheramine Market size in the approaching years. According to the Polyetheramine Market Global Industry Analysis, the rapid growth in the manufacturing sector, increasing population growth rates in the developing Countries and rising disposable incomes, are some of the additional factors supplementing the market growth. As per IBEF, the Foreign Direct Investment (FDI) inflows in India have increased from USD 27.69 billion in December 2011 to USD 104.18 billion in December 2021, which will boost the demand for Polyetheramine solutions in the Indian Market.

However, the growth of Polyetheramine Market is hindered attributed to their harmful effect on the aquatic ecosystem.

The major players operating in the market are Qingdao IRO Surfactant Co. Ltd., Aurora Chemical Co., LTD., Yangzhou Chenhua New Material Co., Ltd., Clariant, Yantai Minsheng Chemicals Co., Dasteck, Wuxi Acryl Technology Co.,Ltd., Huntsman International LLC, BASF SE and Zibo Dexin Lianbang Chemical Industry Co., Ltd. among others.

Type – Segment Analysis

According to the Global Polyetheramine Market Industry Trends, the Diamines segment is projected to expand at a significant CAGR over the forecast period. The Diamines based Polyetheramine provides strong tensile strength and reduces the hardness along with their increasing application in pharmaceutical industry, are some of the important factors responsible for the overall growth of the segment.

Application – Segment Analysis

The Polyetheramine Market Analysis suggest, the Composites segment to expand at a remarkable CAGR over the forecast period due to increasing application of Polyetheramine in the wind energy projects, automotive industry and wind turbines.

Regional – Segment Analysis

As per the Polyetheramine Market Forecast, the Asia-Pacific region is expected to capture the largest market share during the forecast period attributed to increasing number of construction activities, rapid urbanization and rising purchasing power

Market Segmentation

Global Polyetheramine Market by Type

  • Monoamine
  • Diamine
  • Triamine

Global Polyetheramine Market by Application

  • Epoxy Coatings
  • Polyurea
  • Adhesives & Sealants
  • Composites
  • Fuel Additives

Global Polyetheramine Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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