Global Ethylamine Market, By Application (Corrosion Inhibitor, Catalyst and Curing Agent, Deflocculating Agent, Synthetic Reagent, Vulcanization Accelerator Fuel Additive), End Use (Pharmaceutical, Agrochemicals, Plastics, Dyestuff, Textile, Rubber Industry), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Ethylamine Market
Ethylamine market size is valued at USD 1.87 billion by 2028 and is expected to grow at a rate of 6.80% for the forecast period of 2021 to 2028. Data Bridge Market Research report on ethylamine market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Ethylamine is a type of colorless gas or white in color when present in liquid form, with an odor like ammonia. Ethylamine is denoted by C2H5NH2 and is miscible with almost all solvents. It is widely used in various chemical manufacturing processes and other organic synthesis.
The ethylamine market growth is widely driven by the growth in the agrochemicals for its significance as a raw material in the production of herbicides such as Simazine, Atrazine and Cyanazine. Also the various farmers across the world have started getting more reliant on chemicals to get outputs faster, which has resulted in a boost in demand for herbicides in the recent years which is boosting scope for ethylamine application and is acting as a key determinant favoring the growth of the market over the forecast period of 2021 to 2028. The major factors accountable for the growth of the target market is the rising population as well as rapid rise in demand for higher quality food will result in an increase in dependency on herbicides. Beside this, the ethylamine has multiple applications in different end use industry and is mainly used in the synthesis of alkyl isocyanates in the pharmaceutical industry which is also positively impacting ethylamine market growth rate in the above mentioned forecast period. Also, the ethylamine is widely used in different industries such as textile, rubber industry, detergents, ceramic industry and rocket propellant amongst others for its various applications such as synthetic agent, corrosion inhibitor, fuel tanning and deflocculating agent, therefore raising the demand and growth of ethylamine market in the forecast period of 2021 to 2028. However, various restrictions imposed by the government and various ill-affects to the health is restricting the growth of the ethylamine market in the above mentioned forecast period.
Furthermore, the high growth in the end use industries such as rubber, pharmaceutical, textile, plastic and dyestuff is expected to act as a driver for the demand of ethylamine in the coming future due to its variety of application scope and will further offer a variety of growth opportunities for the ethylamine market.
This ethylamine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on ethylamine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Ethylamine Market Scope and Market Size
Ethylamine market is segmented on the basis of application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- The application segment for ethylamine market is segmented into corrosion inhibitor, catalyst and curing agent, deflocculating agent, synthetic reagent, vulcanization accelerator and fuel additive.
- On the basis of end use, the ethylamine market is segmented into pharmaceutical, agrochemicals, plastics, dyestuff, and textile and rubber industry.
Ethylamine Market Country Level Analysis
Ethylamine market is analyzed and market size, volume information is provided by country, application and end use as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the ethylamine market owing to the rapid increase in demand for herbicides within this particular region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the growth in the agricultural sector due to increase in demand for food, rising population and lack of arable land in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ethylamine Market Share Analysis
Ethylamine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ethylamine market.
The major players covered in the ethylamine market report are BALAJI AMINES, Amines & Plasticizers Ltd, Parchem fine & specialty chemicals, BASF SE, US Amines Limited, Dow, Maharashtra Industries Directory, Akzo Nobel N.V., DAICEL CORPORATION, Eastman Chemical Company, EMCO Dyestuff, Zauba Technologies Pvt Ltd, Arkema S.A., Huangshan Basihui Chemical Auxiliary Co., Ltd., Delamine B.V., Henan GP Chemicals Co., Ltd., JIGCHEM UNIVERSAL, Galaxy Laboratories, Taj Pharmaceuticals Ltd., Diamines And Chemicals Limited and Auraziachem Laboratories (P) Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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