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Polyetheramine Market Trends

Report ID: GMI6704
Published Date: Sep 2023
Report Format: PDF

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Polyetheramine Market Trends

Increasing emphasis on sustainability is driving the development of bio-based and eco-friendly polyetheramines, aligning with the broader trend of environmentally friendly products. Polyetheramines are finding applications in a wider range of industries beyond traditional sectors, such as construction, automotive, and coatings. Polyetheramines are being used in advanced coatings and adhesives that offer improved performance, durability, and chemical resistance. Thus, the growing prevalence is expected to expedite the market expansion.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Polyetheramine industry size was USD 1.1 billion in 2022 and will reach USD 2.8 billion by 2032 due to their widespread usage as curing agents for epoxy resins in coatings, adhesives, and composites industries worldwide.

The epoxy coatings application segment held 35% share of the polyetheramine industry in 2022 and will incur significant growth from 2023-2032 on account of its importance in the development of high-performance coatings, adhesives, and composites.

U.S. polyetheramine industry reached USD 410 million in 2022 and is expected to witness appreciable growth from 2023-2032 owing to the rapidly increasing construction and infrastructure projects in the region.

Huntsman Corporation, BASF SE, Dow Inc., Evonik Industries AG, Clariant AG, Wanhua Chemical Group Co., Ltd., Yantai Dasteck Chemicals Co., Ltd., Yangzhou Chenhua New Materials Co., Ltd., and IRO Group Inc., are some of the major polyetheramine companies worldwide.