Ethyleneamines Market by Type (Aminoethylpiperazine, Diethylenetriamine, Ethylenediamine), Application (Chelating Agents, Corrosion Inhibitors, Curing Agents), End-Use - Global Forecast 2024-2030

Ethyleneamines Market by Type (Aminoethylpiperazine, Diethylenetriamine, Ethylenediamine), Application (Chelating Agents, Corrosion Inhibitors, Curing Agents), End-Use - Global Forecast 2024-2030

The Ethyleneamines Market size was estimated at USD 4.05 billion in 2023 and expected to reach USD 4.27 billion in 2024, at a CAGR 5.75% to reach USD 5.99 billion by 2030.

Ethyleneamines refer to organic chemical compounds derived from ethylene and ammonia that exhibit unique properties such as high reactivity, low volatility, and diverse functionality due to their amine groups. The stringent regulations on vehicle emissions propel the need for fuel additives containing ethyleneamines. The rising global population demands enhanced agricultural productivity, which drives demand for ethyleneamine-derived agrochemicals. However, fluctuating raw material prices, particularly ethylene, impact production costs, leading to price volatility of ethyleneamines. Strict regulations imposed on chemical production due to environmental concerns may hinder product penetration worldwide. Nevertheless, technological advancements in manufacturing processes are enhancing production efficiency and reducing costs associated with ethyleneamines. Moreover, ongoing research and development (R&D) to explore novel applications for ethyleneamines are expected to augment the demand for ethyleneamines in the coming years.

Regional Insights

The Americas represents a highly developing ethyleneamines market due to a well-established chemical industry, with vendors actively investing in research and development and capacity expansion. The expanding applicability of ethyleneamines in automotive, construction, pharmaceuticals, and personal care industries has significantly contributed to the growth of the ethyleneamines market. Europe, the Middle East, and Africa are major contributors to the global ethyleneamines market due to their advanced industrial infrastructure and a strong emphasis on innovation. The European chemical industry constantly seeks eco-friendly alternatives; therefore, ethyleneamine manufacturers focus on efficient production methods with minimal environmental impact. Asia-Pacific region is an emerging powerhouse for ethyleneamines consumption, with rapid industrialization and urbanization that demands various end-products associated with the automotive and construction sectors. As a result, several multinational corporations are investing in local manufacturing plants within this region to propel the availability of ethyleneamines in the Asia-Pacific.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Ethyleneamines Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Rapidly increasing demand for agrochemicals worldwide
    • Growing consumer awareness concerning cleanliness and hygiene
    • Market Restraints
      • Fluctuating cost associated with raw materials of ethyleneamines
      • Market Opportunities
        • Increasing investment in water & wastewater treatment projects worldwide
        • Expanding applications in the automotive and pharmaceutical sector
        • Market Challenges
          • Hazardous health effects related to ethyleneamines
          • Market Segmentation Analysis
            • Type: Proliferating usage of ethylenediamine across diverse end-use applications
            • Application: Growing use of ethyleneamines as chelating agents to prevent scale formation and corrosion
            • End-Use: Extensive use of ethyleneamines in production of adhesives, paints, and resins due to their excellent bonding properties
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Ethyleneamines Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Ethyleneamines Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • BASF Started up Expanded Ethylene Oxide and Derivatives Complex at its Verbund Site in Antwerp
              
              BASF invested over Euro 500 million to expand capacities for ethylene oxide and derivatives at its Verbund site in Antwerp, Belgium. This strategic investment aligns with BASF's customer-focused corporate strategy and aims to drive growth for the company and its customers in Europe. As part of the expansion project, BASF is establishing a second world-scale ethylene oxide plant and increasing capacities for alkoxylates, which are widely used ethylene oxide derivatives.
              
              Ethylenediamine Increases Efficiency of Inverted Perovskite Solar Cell by 22%
              
              A team of international scientists from the University of Konstanz in Germany developed a passivation technique for inverted perovskite solar cells using ethylenediamine (EDA). In this technique, EDA is applied to a film based on the lead-halide perovskite methylammonium lead iodide (MAPbI3) through solvent vapor annealing.
              
              Jiangshan Intends To Acquire No Less Than 67% Of The Shares Of WFCF To Expand The Phosphorus Chemical Industry Chain
              
              Jiangshan, Wujin, Songge, and Shuangma Chemical signed an Agreement of Intent to Purchase Equity of WFCF, to strengthen its presence in the chemical industry. WFCF's business scope encompasses the production of 1-Hydroxyethane-1,1-diphosphonic Acid, ATMP, 2-Phosphonobutane-1,2,4-tricarboxylic acid, and other related products.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Ethyleneamines Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Ethyleneamines Market, highlighting leading vendors and their innovative profiles. These include Akzo Nobel N.V., Alkyl Amines Chemicals Limited, Alliance Chemicals Limited, Amines & Plasticizers Limited, Arabian Amines Company, Ataman Kimya, Azelis Group, BASF SE, Cole-Parmer Instrument Company, LLC, Delamine B.V., DHALOP CHEMICALS, Diamines and Chemicals Ltd., Evonik Industries AG, Huntsman International LLC, LANXESS AG, Merck KGaA, Nouryon Chemicals Holding B.V., Oriental Union Chemical Corporation, Prasol Chemicals Limited, SABIC, Sadara Chemical Company, Saiper Chemicals Pvt. Ltd., Shandong Lianmeng Chemical Group Co.,Ltd., Shanghai Chemex group Co, Ltd., The Dow Chemical Company, Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co., Ltd., Tosoh Corporation, and UTS Group.
            
            Market Segmentation & Coverage
            
            This research report categorizes the Ethyleneamines Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Aminoethylpiperazine
              • Diethylenetriamine
              • Ethylenediamine
              • Tetraethylenepentamine
              • Triethylenetetramine
              • Application
                • Chelating Agents
                • Corrosion Inhibitors
                • Curing Agents
                • Fuel Additives & Lube Oil
                • Pharmaceutical Intermediate
                • Processing Aids & Additives
                • Surfactants
                • Textile Additives
                • End-Use
                  • Adhesives, Paints, & Resins
                  • Agrochemicals
                  • Household & Personal Care
                  • Oil & Gas
                  • Paper & Pulp
                  • Pharmaceuticals
                  • Textile
                  • Water & Waste Water
                  • Region
                    • Americas
                      • Argentina
                      • Brazil
                      • Canada
                      • Mexico
                      • United States
                        • California
                        • Florida
                        • Illinois
                        • New York
                        • Ohio
                        • Pennsylvania
                        • Texas
                        • Asia-Pacific
                          • Australia
                          • China
                          • India
                          • Indonesia
                          • Japan
                          • Malaysia
                          • Philippines
                          • Singapore
                          • South Korea
                          • Taiwan
                          • Thailand
                          • Vietnam
                          • Europe, Middle East & Africa
                            • Denmark
                            • Egypt
                            • Finland
                            • France
                            • Germany
                            • Israel
                            • Italy
                            • Netherlands
                            • Nigeria
                            • Norway
                            • Poland
                            • Qatar
                            • Russia
                            • Saudi Arabia
                            • South Africa
                            • Spain
                            • Sweden
                            • Switzerland
                            • Turkey
                            • United Arab Emirates
                            • United Kingdom
                            
                            
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