HOME › Press Releases › Polyetheramine Market worth 1,074.0 Million USD by 2022
Polyetheramine Market worth 1,074.0 Million USD by 2022
The report "Polyetheramine Market by Type (Monoamine, Diamine, and Triamine), Application (Epoxy Coating, Polyurea, Adhesives & Sealants, Composites, and Fuel Additives), and Region - Global Forecasts to 2022", The global polyetheramine market was valued at USD 625.8 Million in 2016 and is projected to reach USD 1,074.0 Million by 2022, at a CAGR of 9.3% from 2017 to 2022. The market is driven by the growing trend of renewable & eco-friendly energy generation and continuous improvements in the construction industry.
Browse 108 tables and 42 figures spread through 141 Pages and in-depth TOC on "Polyetheramine Market by Type (Monoamine, Diamine, and Triamine), Application (Epoxy Coating, Polyurea, Adhesives & Sealants, Composites, and Fuel Additives), and Region - Global Forecasts to 2022"
Early buyers will receive 10% customization on reports.
Diamine: Largest Type of the Polyetheramine Market
In 2016, the diamine type segment accounted for the largest market share in terms of volume, followed by the monoamine and triamine type segments. Diamines are majorly consumed in epoxy coatings, polyuria, and adhesives & sealants applications. Increasing urbanization and use of renewable energy are driving this segment.
Composites: The Fastest-growing Application Segment of the Polyetheramine Market
The demand for wind power is high among all the clean energy sectors. The use of composites and adhesives has increased in the wind power industry. Polyetheramine is used as a precursor in composites to enhance the property, and thus is estimated to grow at the highest CAGR from 2017 to 2022, in terms of volume. The excellent properties of polyetheramine such as flexibility and improved fatigue and burst resistance are driving the demand from this segment.
Asia-Pacific: The Largest Market for Polyetheramine
Currently, the Asia-Pacific region is the largest market for polyetheramine, in terms of both value and volume. China is the largest market for polyetheramine. However, India and China are the fastest-growing markets for polyetheramine in the region.
The following factors are the main driving forces for the polyetheramine market in the Asia-Pacific region:
- Growing wind power industry in Asia-pacific
- Increasing residential building & construction activities in the region
Huntsman Corporation (U.S.), BASF SE (Germany), and Wuxi Acryl Technology Co. Ltd (China) are the key players in the polyetheramine market.
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India