According to a new report, published by KBV research, The Global Ethyleneamines Market size is expected to reach $3.3 billion by 2031, rising at a market growth of 5.0% CAGR during the forecast period. In the year 2023, the market attained a volume of 5,608.34 hundred tonnes, experiencing a growth of 17.4% (2020-2023).
The Diethylenetriamine segment is anticipating a CAGR of 4.8% during (2024 - 2031). DETA is a polymer additive that modifies the properties and performance of polymers and plastics. It enhances polymer matrices' flexibility, toughness, and thermal stability, improving their suitability for specific applications. DETA-modified polymers are utilized in industries that require superior mechanical and thermal properties, such as packaging, automotive, and electrical insulation. Adhesives and sealants are made with DETA as a curing accelerator or cross-linking agent.
The Curing Agents segment is leading the Global Ethyleneamines Market by Application in 2023; thereby, achieving a market value of $833 million by 2031. Ethyleneamines serve as curing agents in the formulation of coatings and paints. They react with epoxy resins to form cross-linked networks, providing excellent adhesion, chemical resistance, and durability to coatings and paints. Ethyleneamine-based curing agents are used in protective, marine, automotive, and industrial coatings, requiring high-performance and long-lasting finishes.
The Paper segment is registering a CAGR of 5.4% during (2024 - 2031). Ethyleneamines are utilized as sizing agents in paper coatings to control the penetration and absorption of liquids, such as ink and water, into the paper surface, thereby improving printability, ink holdout, and surface smoothness. Ethyleneamines modify the surface properties of paper fibers and coatings, creating a hydrophobic barrier that prevents ink and water from spreading and feathering on the paper surface.
Full Report: https://www.kbvresearch.com/ethyleneamines-market/
The Asia Pacific region dominated the Global Ethyleneamines Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.5 billion by 2031. The Europe region is experiencing a CAGR of 4.5% during (2024 - 2031). Additionally, The North America region would exhibit a CAGR of 4.7% during (2024 - 2031).
By Type (Volume, Hundred Tonnes, USD Billion, 2020-2031)
By Application (Volume, Hundred Tonnes, USD Billion, 2020-2031)
By End-use (Volume, Hundred Tonnes, USD Billion, 2020-2031)
By Geography (Volume, Hundred Tonnes, USD Billion, 2020-2031)
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