Ethyleneamines Market Size (2024 - 2029)

The ethyleneamines market is experiencing steady growth, driven by rising demand from various end-use industries and increased automotive and industrial activities. Despite the negative impact of the COVID-19 pandemic, which temporarily reduced demand due to disruptions in the textile, automotive, and chemical sectors, the market is recovering. Key factors contributing to the market's expansion include the growing demand for pesticides in developing countries and heightened consumer awareness of cleanliness and hygiene. However, concerns over hazardous health effects from direct exposure and the shift towards bio-based agricultural products in developed regions pose challenges to market growth. The Asia-Pacific region is expected to see significant growth, supported by the extensive use of ethyleneamines in sectors such as automotive and pharmaceuticals.

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Market Size of Ethyleneamines Industry

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Ethyleneamines Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Ethyleneamines Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Ethyleneamines Market Analysis

The ethyleneamines market is projected to register a CAGR of over 5% during the forecast period.

The COVID-19 pandemic adversely impacted the market for ethyleneamines because of its dependency on the textile, automotive, and chemical industries. The COVID-19 pandemic had a significant impact on worldwide auto manufacturing in 2020. The risk of infections among employees in locations where ethyleneamines generate lubricants led to the closure or reduction of operations at several automobile companies. It temporarily reduced the demand for ethyleneamines during the COVID-19 period. However, the market is growing steadily, owing to increased automotive and industrial activities from 2021.

  • Over the short term, increasing demand from various end-use industries, accelerating demand for pesticides from developing countries, and developing consumer awareness concerning cleanliness and hygiene are major factors driving the growth of the market studied.
  • However, the hazardous health effects due to direct exposure, and increasing usage of bio-based products for agriculture in developed countries are the key factor anticipated to restrain the growth of the target industry over the forecast period.
  • Nevertheless, the increasing R&D for new product development is likely to create lucrative growth opportunities for the global market soon.
  • Asia-Pacific is estimated to witness healthy growth over the assessment period in the ethyleneamines market due to the wide usage of ethyleneamines in end-use application segments, such as automotive, pharmaceutical, and other industries,

Ethyleneamines Industry Segmentation

Ethyleneamines are amine compounds having ethylene linkages between amine groups. These compounds are colorless, low-viscosity liquids with a fishy amine odor. The ethyleneamines market is segmented by type, end-user industry, and geography. By type, the market is segmented into ethylenediamine and heavy ethyleneamines. By end-user industry, the market is segmented into the personal care industry, pulp and paper industry, adhesives, paints and resins, agrochemicals industry, automotive industry, pharmaceutical industry, oil and gas industry, textile industry, metal industry and other end-user industries. The report also covers the market size and forecasts for the wood-based panel market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD million).

Type
Ethylenediamine (EDA)
Heavy Ethyleneamines (DETA, TETA, TEPA, AEP, etc.)
End-user Industry
Personal Care Industry
Pulp and Paper Industry
Adhesives, Paints, and Resins
Agro Chemicals Industry
Automotive Industry
Pharmaceutical Industry
Oil and Gas Industry
Textile Industry
Metal Industry
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East and Africa (MEA)
Saudi Arabia
South Africa
Rest of Middle East & Africa
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Ethyleneamines Market Size Summary

The ethyleneamines market is experiencing a steady growth trajectory, driven by increasing demand from various end-use industries such as automotive, pharmaceuticals, and agrochemicals. The market's expansion is supported by the rising activities in these sectors, particularly in the Asia-Pacific region, where countries like China and India are witnessing significant industrial growth. The demand for ethyleneamines is further bolstered by their application in producing thermoplastic polyamide resins, which are used as hot-melt adhesives and binders for printing inks. These resins exhibit excellent adhesion properties, making them suitable for various substrates, including metal, leather, plastic, wood, and glass. The growing need for plastic products, driven by the strength and durability of engineering polymers, also contributes to the market's growth.

Despite the positive outlook, the ethyleneamines market faces challenges such as hazardous health effects from direct exposure and the increasing preference for bio-based products in developed countries. However, ongoing research and development efforts aimed at new product development present lucrative opportunities for market players. The market is characterized by a high level of consolidation, with major companies like Huntsman International LLC, Dow, Nouryon, BASF SE, and Tosoh Corporation leading the industry. Recent expansions, such as BASF and SINOPEC's new plant in Nanjing, China, highlight the industry's response to growing demand. The market's future growth is expected to be driven by the increasing consumption of ethyleneamines in the automotive and oil and gas sectors, particularly in China and India, where regulatory changes are anticipated to boost demand.

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Ethyleneamines Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand from Various End-user Industries

      2. 1.1.2 Accelerating Demand for Pesticides from Developing Countries

      3. 1.1.3 Developing Consumer Awareness Concerning Cleanliness and Hygiene

    2. 1.2 Restraints

      1. 1.2.1 Hazardous Health Effects Due to Direct Exposure

      2. 1.2.2 Increasing Usage of Bio-based Products for Agriculture in Developed Countries

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Type

      1. 2.1.1 Ethylenediamine (EDA)

      2. 2.1.2 Heavy Ethyleneamines (DETA, TETA, TEPA, AEP, etc.)

    2. 2.2 End-user Industry

      1. 2.2.1 Personal Care Industry

      2. 2.2.2 Pulp and Paper Industry

      3. 2.2.3 Adhesives, Paints, and Resins

      4. 2.2.4 Agro Chemicals Industry

      5. 2.2.5 Automotive Industry

      6. 2.2.6 Pharmaceutical Industry

      7. 2.2.7 Oil and Gas Industry

      8. 2.2.8 Textile Industry

      9. 2.2.9 Metal Industry

      10. 2.2.10 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

        4. 2.3.2.4 Rest of North America

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle East and Africa (MEA)

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle East & Africa

Ethyleneamines Market Size FAQs

The Ethyleneamines Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Dow, BASF SE, Nouryon, Tosoh Corporation and Huntsman International LLC are the major companies operating in the Ethyleneamines Market.

Ethylene Amines Market Report Snapshots

Ethyleneamines Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)