The global Polyetheramine was valued at USD 634.5 million in 2016 and is projected to reach USD 1389.5 million by 2025, growing at a CAGR of 9.1% from 2017 to 2025.
Polyetheramine is made up of amino groups supported on a polyether backbone. These compounds undergo typical amine reactions to provide flexibility, toughness, low viscosity and low colour. The presence of an amino group has increased its importance as it can easily react to form new compounds for further varied uses.
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1. Market Drivers
1.1 Rising demand in building & construction industry
1.2 Growing wind energy installations
2. Market Restraints
2.1 Poor UV/VIS response
2.2 Process challenges posed by acid epoxy coatings
The global Polyetheramine Market is segmented on the basis of product, application, and region.
1. By Product:
2. By Application:
2.2 Adhesives & Sealants
2.3 Epoxy Coatings
2.4 Fuel Additives
3. Global Polyetheramine Market, by Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
2. BASF SE
4. Yangzhou Chenhua New Materials Co., Ltd.
5. The Aurora Chemical Co. Ltd
6. Zibo Dexin Lianbang Chemical Industry Co., Ltd.
7. Yantai Dasteck Chemicals Co., Ltd.
8. Iro Surfactant Co., Ltd.
9. Yantai Minsheng Chemicals Co., Ltd.
10. Wuxi Acryl Technology Co., Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Polyetheramine Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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