Ethylene Amines Market

Ethylene Amines Market Growth Outlook 2022 to 2032

The global sales of the ethylene amines market in 2021 was held at US$ 2.2 Billion. With 6.7% CAGR, the projected market growth during 2022 to 2032 is expected to be slightly higher than the historical growth.

Bleach Activator is expected to be the highest revenue-generating segment, projected to grow at a CAGR of over 8.7% during 2022 to 2032.

Report Attributes	Details
Global Market CAGR (2022 to 2032)	6.7%
Market Size in 2022	US$ 2.3 Billion
Global Market Size (2032)	US$ 4.4 Billion
U.S. Market CAGR (2022 to 2032)	6.5%
Key Companies Covered	Huntsman International LLC; Tosoh Corporation; Nouryon Chemicals Holding B.V.; BASF SE; Delamine B.V.; Diamines and Chemicals Limited; Arabian Amines Company; Oriental Union Chemical Corporation; Saudi Basic Industries Corporation; Sadara Chemical Company; Shandong Lianmeng International Trade Co., Ltd; Prasol Chemicals Pvt. Ltd; NOVA chemicals Corporation

Revenue of Ethylene Amines Market from 2017 to 2021 Compared to Demand Outlook for 2022 to 2032

As per the Global Ethylene Amines Market research by Fact.MR - a market research and competitive intelligence provider, historically, from 2017 to 2021, market value of the Ethylene Amines increased at around 5.3% CAGR.

In the next years, the market is expected to be driven by rising demand for Ethylene Amines in the pharmaceutical, agriculture and automobile industries. The paper industry is another rapidly growing business that uses ethylene amines as a key raw component.

The wet strength of the paper is increased by the use of diethylenetriamine and ethylene amines. Hence, there is high demand for ethylene amine in the paper industry.

Ethylene amines are primarily used as an ash-free emissions additive in car gasoline and lubricants. By being present in lubricants, it prevents sludge and deliquesce deposits from building up in internal combustion engines which is boosting demand for ethylene amines in the automotive Industry.

What Factors Are Propelling Ethylene Amines Demand?

Ethylene Amines are also used to make polyamide resins and epoxy curing agents. Polyamide resins are widely used in heat-sealing and pressure-sensitive adhesives for leather, metals, plastics, and paper. They're also used to keep alkyd paints and printing ink binders from corroding.

Ethylene amines are frequently employed in the coatings industry as a wet-adhesion agent for latex paints. its use as a derivative to improve the surface adhesion of latex paint in humid environments.

Consumer demand for ethylene amines may be impacted by the pharmaceutical industry's growing usage of Ethylene Amines in the production of antimalarial, local anesthetics, antidepressants, antibiotics, antihistamines, and muscle relaxants.

It has been authorized to use ethylenediamine in allergenic epicutaneous patch testing to help patients 6 years of age and older diagnose allergic contact dermatitis.

The chemical is a crucial ingredient in the manufacturing of aminophylline, a bronchodilator used to treat respiratory problems and chronic lung diseases. Tetra acetyl ethylene diamine, a bleaching activator in detergents and a component for washing clothes and dishes, is made from tetra acetyl ethylene diamine by using ethylene diamine as a bridge.

In petroleum production and refining, ethylene amine derivatives are used as corrosion neutralizers, inhibitors, demulsifiers, neutralizers, and functional additives.

Bleach activators, chelates, and chelating agents, metal ore processing, emulsifiers and surfactants, fungicides, textiles, fabric softeners, explosives, fire retardants, medicines, and a number of other products use Ethylene Amines. Ethylene Amines are extensively utilized as an ash-free additive in vehicle fuels and lubricants.

The growing use of Ethylene Amines in automotive applications to reduce particle emissions will drive the worldwide Ethylene Amines market.

One of the most common ethylene amines, ethylene diamine, is a crucial component in the production of mancozeb, a powerful fungicide used on a number of crops and effective against a wide spectrum of fungal infections. It is also used in the manufacturing of imidacloprid, the world's most frequently used insecticide.

The market for wind turbine blades, which has developed as wind energy capacity has increased, has also pushed the demand for ethylene amines, which is propelling the demand for ethylene amines in the agriculture industry.

In addition to polyamide resins and epoxy curing agents, polyamide resins are also manufactured utilizing ethylene amine. Polyamide resins have traditionally been the primary component of heat-sealing adhesives and are pressure sensitive for plastic, leather, paper, and metal. In addition to being utilized in paints and printing binders, they serve as corrosion inhibitors.

Wind power is one of the renewable energy sources that is growing at a fast pace. Prices are falling, which is contributing to an increase in usage worldwide.

The installed wind generation capacity has increased by a factor of about 75 over the last 20 years, ranging from 7.5 gigawatts in 1997 to over 564 gigawatts by 2018, according to the most recent data from International Renewable Energy Agency.

Ethylene amines are intermediary compounds used to create goods like epoxy curing agents, which are needed for the construction of wind turbines. Thus, the need for wind turbines is rising which is also increasing the demand for ethylene amines.

Which factors can restrain the Growth of the Ethylene Amines Market in the Future?

Being exposed to Ethylene Amines can result in severe burns, skin rashes, and eye damage because they are corrosive compounds. Breathing ethanolamine might irritate the nose and throat. When breathed, ethylene diamine can irritate the lungs, causing coughing or shortness of breath.

Ethylene Amines are regarded as hazardous compounds since they are regulated by OSHA and listed by the DOT, NFPA, ACGIH, HHAG, and EPA. This substance is classified as a Special Health Hazard Substance due to its corrosive nature.

The allowable limit for air bone exposure, according to the OSHA study, is 10 ppm. When being manufactured, Ethylene Amines should be handled carefully since it can react exothermically with other substances. Thus, growing health risk due to ethylene amines is restraining the growth of the market.

Region-wise Insights

Why North America is projected to Offer a Significant opportunity in the Ethylene Amines Market?

During the projection period, North America is predicted to be the leading market for Ethylene Amines. The value of Ethylene Amines in North America increased at a CAGR of around 5.6% during 2017 to 2021 and is projected to grow at a CAGR of over 6.4% during 2022 to 2032.

With medicine sales in the U.S. accounting for 48% of the global pharmaceutical market, the industry alone controls nearly half of the market. The pharmaceutical business in the United States has developed and produced some of the most innovative and effective drugs in the world.

American-made medications have a reputation for curing a wide range of ailments that were previously challenging to treat. The United States contributes significantly to the paper and pulp industry, one of the largest in the world, by generating more than 70 Million tonnes of paper and board annually.

The United States also produces a significant amount of pulp, with North America accounting for 33% of global production. Therefore, the demand for ethylene amines is increasing in the pharmaceutical and paper industry in North America.

Country-wise Analysis

U.S. Ethylene Amines Market Analysis

The United States is expected to account for the highest market of US$ 1.3 Bn by the end of 2032. Also, the market in the country is projected to account for an absolute dollar growth of US$ 599 Mn. The value of the Market in the United States increased at a CAGR of around 5.6% during 2017 to 2021 and is projected to grow at a CAGR of over 6.5% during 2022 to 2032.

The American automotive industry is intertwined with other sectors of the economy as well as the country's social and cultural fabric. One of the prominent industries in the US is the auto industry. Historically, it has contributed 3% to 3.5% of the entire GDP.

The United States is the second largest exporter of textiles. Over 66% of the total production of the American textile and clothing industry as of 2019 was exported according to the report of the Bureau of Economic Analysis. Hence, due to the growth of the automotive industry and textile industries, the demand for ethylene Amines is rising in the United States.

U.K. Ethylene Amines Market Analysis

The market for Ethylene Amines in the U.K. is expected to reach a valuation of US$ 160 Mn by 2032. Growing at a CAGR of 5.8%, the market is projected to gross an absolute dollar opportunity of US$ 69.4 Mn during the forecast period.

Japan Ethylene Amines Market Analysis

In Japan, the market is projected to reach a valuation of US$ 258.3 Mn by 2032, growing at a CAGR of 9.2% during 2022 to 2032. The market is expected to garner an absolute dollar opportunity of US$ 150 Mn during the forecast period.

South Korea Ethylene Amines Market Analysis

The market in South Korea is expected to gross an absolute dollar opportunity of US$ 101 Mn during 2022 to 2032. Growing at a CAGR of 8.6%, the market is projected to reach a valuation of US$ 182 Mn.

Category-wise Insights

Why Market Revenue through Bleach Activator is Expected to Offer Significant Opportunity

The growth of the Bleach Activator Market is projected to expand at a CAGR of around 8.7% during 2022 to 2032. The value of the Bleach Activator Market increased at a CAGR of around 5.9% during 2017 to 2021. The bleaching activator tetraacetylethylenediamine is typically found in detergents and laundry additives. tetraacetylethylenediamine concentrations in these commodities typically range between 1.4% and 13%.

Detergents with bleach activator as the key ingredient perform admirably in cold climates. The need for highly concentrated detergent powder is increasing with time.

The use of tetraacetylethylenediamine bleach activators is also increasing. Furthermore, because the textile wash process necessitates washing machines with water temperatures below 60°C, the market for detergent containing bleach Activator is rising. This temperature is preferred due to energy conservation and textile care.

Competitive Analysis

Some of the key players in the ethylene amines market include Huntsman International LLC, Tosoh Corporation, Nouryon Chemicals Holding B.V., BASF SE, Delamine B.V., Diamines and Chemicals Limited, Arabian Amines Company, Oriental Union Chemical Corporation, Saudi Basic Industries Corporation, Sadara Chemical Company, Shandong Lianmeng International Trade Co., Ltd, Prasol Chemicals Pvt. Ltd., and NOVA Chemicals Corporation

Some of the recent developments of key Ethylene Amines providers are as follows:

• In July 2021, a wholly-owned subsidiary of NOVA Chemicals managing ethylene trading and storage facilities in Mont Belvieu, Texas, was acquired, according to an announcement from Enterprise Products Partners L.P. Enterprise now has an expanding ethylene network in Texas as a result of this acquisition.
• In August 2021, BASF SE and SINOPEC announced plans to expand their Verbund facility in Nanjing, China, to create propionic aldehyde, propionic acid, ethylene amines, refined ethylene oxide, ethanolamines, and a new tert-butyl acrylate factory.

Similarly, recent developments related to companies in Ethylene Amines Market have been tracked by the team at Fact.MR, which are available in the full report.

Ethylene Amines Market Segmentation

• By Type :

  • Ethylenediamine (EDA)
  • Diethylenetriamine (DETA)
  • Triethylenetetramine (TETA)
  • Tetraethylenepentamine (TEPA)

• By Application :

  • Bleach Activator
  • Chelating Agent
  • Lube Oil & Fuel Additives
  • Pesticide
  • Pharmaceutical
  • Polyamide Resin
  • Textile
  • Other Applications

• By Region :

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA