Global Ethyleneamines Market, By Type (Ethylenediamine, Diethylenetriamine, Triethylenetetramine and Others), Manufacturing Process (Reaction between Ethylene Dichloride and Ammonia), Application (Pesticides, Corrosion Inhibitors, Epoxy Curing Agent, Lube Oil, Fuel Additives, Chelating Agent, Polyamide, Resin, Adhesive and Sealants, Surfactants, Oil Field Chemicals and Others), End-User (Resin, Paper, Automotive, Adhesive, Water Treatment, Agriculture, Pharmaceutical, Personal Care, Textile and Others) - Industry Trends and Forecast to 2031.
Ethyleneamines Market Analysis and Size
In the realm of polymer additives, the global ethyleneamines market plays a crucial role in enhancing the performance and versatility of various polymer-based products. Ethyleneamines act as essential curing agents and cross-linking agents in the formulation of coatings, adhesives, and sealants, imparting improved adhesion, flexibility, and durability. Their reactivity and compatibility with a wide range of polymers make them indispensable in industries such as construction, automotive, and electronics.
Global ethyleneamines market size was valued at USD 3.65 billion in 2023 and is projected to reach USD 8.66 billion by 2031, with a CAGR of 11.4% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Ethylenediamine, Diethylenetriamine, Triethylenetetramine and Others), Manufacturing Process (Reaction between Ethylene Dichloride and Ammonia), Application (Pesticides, Corrosion Inhibitors, Epoxy Curing Agent, Lube Oil, Fuel Additives, Chelating Agent, Polyamide, Resin, Adhesive and Sealants, Surfactants, Oil Field Chemicals and Others), End-User (Resin, Paper, Automotive, Adhesive, Water Treatment, Agriculture, Pharmaceutical, Personal Care, Textile and Others)
|
|
Countries Covered
|
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, South Africa, Egypt, Israel, 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
|
|
Market Players Covered
|
Huntsman International LLC (U.S.), Akzo Nobel N.V (Netherlands), BASF SE (Germany), Delamine B.V (Netherlands), Nouryon (Netherlands), DIAMINE (India), Dow (U.S.), DuPont (U.S.), Tosoh Corporation (Japan), LANXESS (Germany), Prasol Chemicals Limited (India), Shandong Lianmeng Chemical Group Co., Ltd (China), Gem Chemicals (India), Saanvi Corp (India), Lumitos AG (Germany), Aminat (India), City of Vincent (Australia), Alkyl Amines Chemicals Limited (India), Paari Chem Resources (India)
|
|
Market Opportunities
|
|
Market Definition
Ethyleneamines are a group of organic compounds characterized by the presence of amine functional groups attached to an ethylene backbone. They are versatile chemicals used primarily as intermediates in various industries, including chemicals, pharmaceuticals, and agriculture.
Ethyleneamines Market Dynamics
Drivers
- Expansion of Infrastructure Increases Adoption of Ethyleneamines among the Consumers
As countries invest in infrastructure projects such as highways, bridges, buildings, and utilities, there is a corresponding increase in the demand for construction materials and related products. Ethyleneamines play a vital role in this sector due to their use as additives in coatings, adhesives, and sealants, providing enhanced bonding, durability, and corrosion resistance. The growth of urbanization leads to the construction of residential and commercial buildings, further fueling the demand for ethyleneamines-based products. This trend is particularly pronounced in emerging economies where rapid urban development and infrastructure modernization initiatives are underway, creating a substantial market for ethyleneamines.
- Expanding Technological Advancements Fuel Diverse Applications of Ethyleneamines Across Industries
Continuous research and development efforts lead to the discovery of novel synthesis methods, improved formulations, and enhanced applications for ethyleneamines across various industries. Advanced manufacturing techniques enable the production of ethyleneamines with higher purity levels and tailored properties, meeting the specific requirements of diverse end-users. These advancements also facilitate the development of eco-friendly and sustainable ethyleneamine products, aligning with the increasing focus on environmental sustainability and regulatory compliance. Overall, technological progress fosters innovation and drives growth in the global ethyleneamines market, opening up new avenues for expansion and market penetration.
For instance, Huntsman International LLC's capacity expansion for its ethyleneamines manufacturing facility aligns with the technological advancements driving the global market. By enhancing production capabilities and offering high-purity ethyleneamines, the company addresses the increasing demand across diverse industries, contributing to market growth. This strategic move underscores the importance of innovation and adaptation to meet evolving industry needs, reinforcing Huntsman's position as a key player in the global ethyleneamines market.
Opportunities
- Rising Environmental Regulations Increases the Adoption of Ethyleneamines
As authorities tighten restrictions on the use of hazardous chemicals, ethyleneamines, with their relatively low toxicity and versatility, emerge as attractive alternatives in various applications. Compliance with stringent regulations regarding emissions, waste disposal, and product safety incentivizes industries to switch to ethyleneamines-based formulations, particularly in sectors such as coatings, adhesives, and water treatment. The increasing focus on green chemistry and the development of environmentally friendly processes propel the demand for ethyleneamines, driving innovation and market expansion in the quest for more sustainable solutions.
- Increased Adoption of Ethyleneamines due to Growing Shift Towards High-Performance Materials
Ethyleneamines play a crucial role in this shift as essential additives that enhance the performance and functionality of various materials, including polymers, coatings, and composites. Their ability to act as curing agents and cross-linking agents enables the development of materials with superior mechanical strength, thermal stability, and chemical resistance, meeting the requirements of industries such as aerospace, automotive, and electronics. This trend underscores the growing importance of ethyleneamines in driving innovation and enabling the development of next-generation materials to address evolving industry needs and consumer preferences.
Restraints/Challenges
- Volatility in Raw Material Prices limits the Adoption of Ethyleneamines
Ethyleneamines are derived primarily from ethylene oxide and ammonia, both of which are subject to price fluctuations influenced by factors such as supply-demand dynamics, geopolitical tensions, and changes in feedstock costs. These fluctuations lead to unpredictable and potentially elevated production costs for ethyleneamines manufacturers, impacting profit margins and pricing strategies. Additionally, sudden spikes in raw material prices can disrupt supply chains and lead to supply shortages, thereby affecting production schedules and customer commitments.
- Rising Complexity of Formulating Ethyleneamines limits its Demand among Consumers
Variation in molecular structure and functionality among different ethyleneamines adds to the complexity, necessitating precise control over reaction conditions and product specifications. Furthermore, achieving desired performance characteristics while ensuring compatibility with other ingredients and materials can be challenging, leading to prolonged development timelines and higher costs. This complexity also limits the number of manufacturers capable of producing high-quality ethyleneamine formulations, creating barriers to entry and intensifying competition among established players.
This 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, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In May 2022, BASF and SINOPEC announced plans to construct a new plant in Nanjing, China, to expand ethyleneamine production capacities. This move is driven by the growing demand for ethyleneamines across multiple industries in the Chinese market, including agriculture, automotive, and personal care. The strategic location of the plant in Nanjing positions it well to serve both domestic and international markets efficiently. The expansion aligns with BASF and SINOPEC's commitment to meeting the evolving needs of customers in China and beyond, enhancing supply chain resilience and contributing to sustainable growth in the region
- In September 2021, Dow Chemical Company raised prices for key ethyleneamine products in North America to account for various factors, including rising production costs and market demand. Aminoethyl ethanolamine (AEEA) saw an increase of USD 0.15, reflecting its importance in industries such as coatings and adhesives. The price hike of USD 0.30 for diethylenetriamine (DETA) such asly reflected its role as a key building block in the manufacture of fuel additives and chelating agents. Ethylenediamine (EDA) experienced a USD 0.15 increase, reflecting its significance in applications such as agrochemicals and pharmaceuticals. The rise of USD 0.10 for piperazine 68% may reflect its use in various applications, including pharmaceuticals and water treatment
Ethyleneamines Market Scope
The market is segmented on the basis of type, manufacturing process, application, and end-user. 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 market.
Type
- Ethylenediamine
- Chelating Agent
- Pesticide
- Pharmaceutical
- Lube Oil and Fuel Additives
- Polyamide Resin
- Textile
- Bleach Activators
- Diethylenetriamine
- Oil Field Chemicals
- Personal Care
- Chelating Agents
- Surfactants
- Paper Wet-Strength Resins
- Lube and Fuel Additives
- Asphalt Additives
- Corrosion Inhibitors
- Polyamide Resin
- Triethylenetetramine
- Asphalt Additives
- Corrosion Inhibitors
- Lube Oil and Fuel Additives
- Epoxy Curing Agents
- Paper Wet-Strength Resins
- Oil Field Chemicals
- Polyamide Resin
- Others
Manufacturing Process
- Reaction between Ethylene Dichloride
- Ammonia
Application
- Pesticides
- Corrosion Inhibitors
- Epoxy Curing Agent
- Lube Oil
- Fuel Additives
- Chelating Agent
- Polyamide
- Resin
- Adhesive
- Sealants
- Surfactants
- Oil Field Chemicals
- Others
End-User
- Resin
- Paper
- Automotive
- Adhesive
- Water Treatment
- Agriculture
- Pharmaceutical
- Personal Care
- Textile
- Others
Ethyleneamines Market Analysis/Insights
The market is analyzed and market size, volume information is provided by type, manufacturing process, application, and end-user 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 dominates in the market can be attributed to the increasing need for these compounds in critical sectors such as water treatment and pharmaceuticals. The region's stringent regulations on water quality drive the demand for ethyleneamines as effective treatment agents. Additionally, their crucial role in pharmaceutical manufacturing further bolsters demand. This trend underscores North America's pivotal position in shaping the growth trajectory of the ethyleneamines market.
Asia-Pacific is expected to have lucrative growth in the forecast period, driven by robust demand for ethyleneamines. Countries such as China, India, and other emerging economies are fueling this demand, particularly within diverse end-user industries. Rapid industrialization and infrastructure development in these nations are amplifying the need for ethyleneamines across various applications, contributing to sustained growth prospects in the region. This trend underscores the region's significance as a key market for ethyleneamines, with its dynamic economic landscape propelling continued expansion in the foreseeable future.
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 down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Ethyleneamines Market Share Analysis
The 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 market.
Some of the major players operating in the market are:
- Huntsman International LLC (U.S.)
- Akzo Nobel N.V (Netherlands)
- BASF SE (Germany)
- Delamine B.V (Netherlands)
- Nouryon (Netherlands)
- DIAMINE (India)
- Dow (U.S.)
- DuPont (U.S.)
- Tosoh Corporation (Japan)
- LANXESS (Germany)
- Prasol Chemicals Limited (India)
- Shandong Lianmeng Chemical Group Co., Ltd (China)
- Gem Chemicals (India)
- Saanvi Corp (India)
- Lumitos AG (Germany)
- Aminat (India)
- City of Vincent (Australia)
- Alkyl Amines Chemicals Limited (India)
- Paari Chem Resources (India)
SKU-