Ethyleneamines Market Size Worth $2.78 Billion By 2032 | CAGR: 4.5%

The global ethyleneamines market size is expected to reach USD 2.78 billion by 2032, according to a new study by Polaris Market Research. The report “Ethyleneamines Market Share, Size, Trends, Industry Analysis Report, By Type (Ethylenediamine, Diethylenetriamine, Triethylenetetramine, and Others); By Manufacturing Process; By Application; By End-use Industry; By Region; Segment Forecast, 2023- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The ongoing growth of the agriculture sector and the increasing introduction of crop protection products are fueling the market growth. Moreover, increasing vehicle production and fuel consumption has strengthened the demand for ethyleneamines. Furthermore, strong demand for electronics will increase the need for curing agents, thereby fostering market growth. Additionally, the growing adoption of insecticides and fungicides due to the mildew, scabs, and rusts on various crops is expected to increase the demand for ethyleneamines during the forecast period.

The pulp and paper industry's growing need for chelating agents and the rising utilization of ethylenediamine (EDA) and diethylenetriamine (DETA) in their production is anticipated to support market expansion throughout the projected period. As ethyleneamines are used as a raw material in various pharmaceutical products, their demand will increase with the growth of pharmaceutical industry. Moreover, the market for ethyleneamines is anticipated to rise owing to the expansion in the manufacturing of personal care and household goods like shampoo, shower gel, and laundry detergents.

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As paper production rises due to the increased need for filter and photographic paper, there will be a greater requirement for ethyleneamines, which will drive market expansion in the coming years. Moreover, factors such as the rising production of automobiles, the increasing need for fuel additives, and the growth of the automotive industry are contributing to the ethyleneamines market growth. For instance, according to the recent statistics published by the International Organization of Motor Vehicle Manufacturers, in 2022, U.S. produced around 9.1 million vehicles, with an increase of 10.0% compared to 2021. Such an increase in the production of vehicles will create a high demand for fuel additives, thereby strengthening the growth of the ethyleneamines market during the forecast period

Ethyleneamines Market Report Highlights

• The ethylenediamine segment held the largest market share in 2023, owing to its wide range of applications in various end-use industries such as chemicals, rubber & pulp, and others.
• In 2023, the ethylene dichloride (EDC) segment held a significant market share, owing to its ability to produce an entire range of ethyleneamines.
• Lube oil & fuel additives segment is expected to account for the considerable share, owing to the high consumption of lubricants & fuel additives in automotive industry.
• The agriculture segment is projected to expand at the significant CAGR, owing to the increasing product launches for crop protection.   
• Asia Pacific dominated the market, owing to the high fuel consumption, increasing vehicle production, and rising utilization of ethyleneamines for fungicide production.  
• The market players include The Dow Chemical Company, BASF SE, Huntsman International LLC., Nouryon, Tosoh Corporation, Diamines and Chemicals Ltd.

Polaris Market Research has segmented the ethyleneamines market report based on type, manufacturing process, application, end-use industry, and region:

Ethyleneamines, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Ethylenediamine
• Diethylenetriamine
• Triethylenetetramine
• Others

Ethyleneamines, Manufacturing Process Outlook (Revenue - USD Billion, 2019 - 2032)

• Reductive Amination (RA)
• Ethylene Dichloride (EDC)

Ethyleneamines, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Chelating Agents
• Corrosion Inhibitors
• Lube Oil & Fuel Additives
• Processing Aids/Additives
• Textile Additives
• Curing Agents
• Others

Ethyleneamines, End-use Industry Outlook (Revenue - USD Billion, 2019 - 2032)

• Automotive
• Pharmaceuticals
• Construction
• Paper and Pulp
• Water Treatment
• Agriculture
• Personal Care
• Textile
• Paints and Coatings
• Others

Ethyleneamines, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of APAC
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of LA
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of MEA

Ethyleneamines Market Report Scope