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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- 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
- 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 Distribution Channel
- Epoxy Coating
- Adhesives & Sealants
- Fuel Additives
- North America
- South America
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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