Polyether amine market is anticipated to mask a significant CAGR of 9.6% during the forecast period i.e. 2018-2027.
The report titled “Global Polyether amine Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global polyether amine market in terms of market segmentation by type; by application and by regions.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global polyether amine market is segmented by type:-monoamine, triamine and diamine; by application:-epoxy coatings, adhesives & sealants, fuel additives, polyurea, composites and by regions. Polyether amine market is anticipated to mask a significant CAGR of 9.6% during the forecast period i.e. 2018-2027.
Polyether amines consist of increased flexibility, low viscosity and toughness that offer better scope for the construction of more efficient compounds. Polyether amines are very easy to handle chemicals which increase their market attractiveness further. The use of polyether amine in various sectors ranging from building and construction to renewable energy generation as well as agro-chemical industries is estimated to increase the demand for polyether amines exceptionally over the forecast period.
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As a precursor to increase the performance of concretes, pesticides along with fuels, North America is panned to observe substantial polyether amine market growth due to rising polyether amine usage. North America is anticipated to be followed by Europe in terms of consumption due to expanding polyether amine requirements in adhesives and plasticizers industries. Asia Pacific is expected to drive demand and positively impact polyether amine market growth over the forecast period on account of increasing polyether amine application for concrete and pesticides performance enhancing additives.
Growing Applications due to R&D activities
The rising demand for polyether amine and its by-products for various processes in adhesives and composites of wind energy generation, building and construction industries are expected to drive the market rapidly over the forecast period. The growing R&D activity associated to polyether amine is further expected to increase the market growth owing to the discovery of new applications of it on regular basis. Application of polyether amine as a performance enhancer of chemicals such as pesticides and adhesives along with polyether amine’s rising use in building and construction business for the purpose of wall and epoxy floor coatings is predicted to expand the polyether amine market during the forecast period across the globe.
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However, the low awareness rate regarding development and presence of eco-friendly anti-corrosive adhesives and coating agents in the market as polyether amine among the manufacturers is restricting its usage. Also, certain properties of polyether amine that are poorly striking the manufacturer’s choice for the chemical as poor response to ultraviolet-visible spectral region of polyether amine, is anticipated to behave as a restraining factor in the growth of the polyether amine market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global polyether amine market which includes company profiling of Yantai Dasteck Chemicals Co., Ltd., BASF SE, Huntsman Corporation, Clariant, LyondellBasell, Manali Petrochemicals Limited, Yantai Minsheng Chemicals Co., Ltd., Yangzhou Chenhua New Materials Co., Ltd, Wuxi Acryl Technology Co.,Ltd., Qingdao IRO Surfactant Co., Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global polyether amine market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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