Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.9 Billion | USD 2.9 Billion | 5.2% | 2022 |
FrequentlyAsked Questions
Ethyleneamine is an organic compound composed of ethylene bonds between amine groups. It has a clear, thick consistency and an ammonia-like odor. Chelating agents can be strong bases like ethyleneamine. It is easily mixed with water.
Ethyleneamines are widely employed in a variety of end-use industries. The increasing use of products such as adhesives, resins, and papers drives market expansion. The worldwide ethyleneamine market is expected to rise due to emerging novel technologies, developing end-use industries, and a growing population.
According to the report, the global market size was worth around USD 1.9 billion in 2022 and is predicted to grow to around USD 2.9 billion by 2030.
The global ethyleneamines market is expected to grow at a CAGR of 5.2% during the forecast period.
The global ethyleneamines market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market owing to the growing adhesives, paints & coatings, and automotive sectors.
The global ethyleneamines market is dominated by players like BASF SE, Delamine BV, Diamines and Chemicals Ltd., Arabian Amines Company, Dow, Fisher Chemical, Huntsman International LLC, Nouryon, Oriental Union Chemical Corporation, Sadara Chemical Company, Tosoh Corporation, SABIC, Kelvion Holding GmbH, OUCC, Saiper Chemicals Pvt Ltd., and UTS among others.
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