Title: Polyetheramine Market Update, Analysis, Forecast, 2019 – 2025
1Polyetheramine Market Growth Outlook with
Industry Review and Forecast 2019-2025
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2 Global Market Scenario of Polyetheramine Industry
- The polyetheramine market globally is determined
by its wide range of applications in end user
industries such as the adhesive, ink, sealants,
elastomer, resin and coating industry to name a
few. Polyetheramine is mainly used in the coating
industry for manufacturing of epoxy, polyuria and
polyamides. Epoxy coatings are used in the fiber
glasses, carbon fibers and many other composite
materials. - Manufacturing of polyetheramine is done through
various raw materials, mainly, polytetramethylene
ether, polypropylene glycol, polyethylene glycol,
propylene oxide and ethylene oxide. These raw
materials are provided by corporations such as
Manali Petrochemicals Limited (India), INEOS
(Switzerland), LyondellBasell (Netherland), BASF
SE (Germany), The Dow Chemical Company (U.S.) and
Huntsman Corporation (U.S.). Fluctuations in the
raw material prices of this product may be a
future restraint for polyetheramine market
growth. - The polyetheramine market globally was valued
over USD 660 million approximately in the year
2015 and is estimated to grow at a rate over 9
CAGR during the forecasted timespan. Taking into
consideration the volumes, a major share was
accounted for by the Asia-Pacific in the
polyetheramine market globally in the year 2015.
The primary reason behind this market growth is
the rising demand of the product in countries
such as Thailand, Malaysia, Indonesia and India.
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3- Regional Trends-
- The polyetheramine market globally was valued
over USD 660 million approximately in the year
2015 and is estimated to grow at a rate over 9
CAGR during the forecasted timespan. Taking into
consideration the volumes, a major share was
accounted for by the Asia-Pacific in the
polyetheramine market globally in the year 2015.
The primary reason behind this market growth is
the rising demand of the product in countries
such as Thailand, Malaysia, Indonesia and India. - The region of Asia Pacific is anticipated to be
the fastest growing market during the forecast
period for polyetheramine. This rising demand is
due to the rise in need for applications of
end-users such as the agriculture, construction,
automobile, adhesives, sealants, paints and
coatings. The developed economies of United
Kingdom and United States are gradually on the
road to recovery from the sluggish economic
conditions and improving the demand for
polyetheramines in the market.
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5- Competitive Trends
- Polyetheramine market consists of some key
competitors. These are IRO Group Inc., Clariant,
Zibo DexinLianbang Chemical Industry Company
Ltd., Wuxi Acryl Technology Co. Ltd., Qingdao IRO
Surfactant Co. Ltd., Yangzhou Chenhua New
Materials Company Ltd, Yantai Minsheng Chemicals
Company, Ltd., BASF SE and Huntsman Corporation
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