Industry Background:
Polyetheramine is an intermediate chemical for epoxy curing agents used in the production of plastics, polyurea coatings, adhesives, reaction injection moulding and wind blade composites. Based on the Type, the market has been bifurcated into Monoamine, Diamine, Triamine, and others. The growing construction industry worldwide is one of the key driver contributing to the growth of the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Huntsman Corporation (United States), BASF SE (Germany), Clariant AG (Switzerland), Yangzhou Chenhua New Materials Co., Ltd. (China), Wuxi Acryl Technology Co., Ltd. (China), Yantai Minsheng Chemicals Co., Ltd. (China), Iro Surfactant Co., Ltd. (China), Yantai Dasteck Chemicals Co., Ltd. (China), Zibo Dexin Lianbang Chemical Industry Co., Ltd. (China) and The Aurora Chemical Co. Ltd. (China) |
According to AMA, the market for Polyetheramine is expected to register a CAGR of 8.92% during the forecast period to 2027. This growth is primarily driven by Growing Construction Industry Worldwide and Increasing Environmental and Soil Concern.
Major Vendors, such as Huntsman Corporation (United States), BASF SE (Germany), Clariant AG (Switzerland), Yangzhou Chenhua New Materials Co., Ltd. (China), Wuxi Acryl Technology Co., Ltd. (China), Yantai Minsheng Chemicals Co., Ltd. (China), Iro Surfactant Co., Ltd. (China), Yantai Dasteck Chemicals Co., Ltd. (China), Zibo Dexin Lianbang Chemical Industry Co., Ltd. (China) and The Aurora Chemical Co. Ltd. (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 29 Aug. 2019, Univar Inc., a global chemical and ingredient distributor and provider of value-added services, has been selected as BASF's authorized Midwest United States distributor for Baxxodur polyetheramine curing agents and chain extenders.
In 2021, Huntsman announced that it has launched a new range of low-emission MDI-based foam systems for automotive interiors: the ACOUSTIFLEX® LE and RUBIFLEX® LE polyurethane product lines. These innovative technologies allow global automotive formulators and foam manufacturers to produce high-performance polyurethane foams, while significantly reducing interior emissions levels to meet OEMs’ requirements.
Market Drivers
- Growing Construction Industry Worldwide
- Increasing Environmental and Soil Concern
Market Trend
Restraints
- Polyetheramines Present Poor UV/VIS Response Because Of the Lack of Strong Chromophores
Opportunities
Growing Importance of Polyetheramine-Cured Rubber-Like Epoxy Asphalt Composites and Polyetheramine Enhances the Properties of Coating Solutions
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Polyetheramine Study Sheds Light on
The Polyetheramine Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Polyetheramine industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Polyetheramine industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.