Polyether Amine Industry – Overview
Polyether amines are organic
derivatives of ammonia, in which one, two, or all three of the hydrogen of
ammonia are replaced by organic groups. These amines have excellent physical
and chemical properties and can offer better color and heat stability along
with improved oil solubility. The global Polyether Amine Industry is expected
grow moderately and register a positive CAGR over the forecast period. Some of
the protuberant drivers supporting the growth of global polyether amines market
are identified as, rising need for crop protection chemicals in emerging
economies and high growth in end-use industries across the globe. However, the
raw material required for the manufacturing of polyether amines is very high.
Additionally, the availability of raw materials for production of polyether
amines is also a challenging task for the manufacturers which may restrain
these specialty amine market. The usage of polyether amines is accompanied by
harmful effects on environment and human health, hence stringent environmental
regulations would reduce the consumption and production of amines, which is a
threat to this market.
As agriculture sector accounted high
contribution to the GDP of the developing economies. There is tremendous
opportunity for the polyether amines market
with its use as herbicide, insecticide, fungicide in agriculture sector for
countries with developing economies. The polyether amines are used by many
industries, including for the manufacture of agrochemical, pharmaceutical and
water treatment chemical. However, recently a growing trend of use of polyether
amines as additives for the manufacture of polyurethane foams, coatings,
lubricants and detergents is observed.
Competitive Landscape
In competitive landscape, the report
analyses the degree of competition among the industry players as well as
industry growth and market scenario. Globally polyether amines market is at a
growing stage which represents moderate stats in terms of market value and
overall volume. Over the past few years specialty amines market has witnessed
moderate demand from industries like agrochemical, water treatment, dye
intermediates. Nevertheless, the degree of competition among the market players
is still less, owing to limited market players across the globe. Globally
market for polyether amines is fragmented in nature and it is moving towards
growth expansion by specifically adopting partnership, expansion and
joint-venture strategies and product launch strategies.
IBO DEXIN
LIANBANG CHEMICAL INDUSTRY CO., LTD. (China), Yantai Minsheng Chemicals Co.,
Ltd. (China), Qingdao IRO Surfactant Co., Ltd. (China), Huntsman Corporation
(U.S.), BASF SE (Germany), Yangzhou Chenhua New Materials Co., Ltd. (China), Wuxi Acryl Technology Co., Ltd.
(China), Clariant (Switzerland), the Aurora Chemical Co. Ltd. (China), Yantai
Dasteck Chemicals Co., Ltd. (China) among others are some of the prominent
players at the forefront of competition in the Global Polyether Amine Industry
and are profiled in MRFR Analysis.
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Polyether Amine Industry Regional Analysis
Asia Pacific region accounted largest
market share in the global Polyether Amine Industry and expected to dominate
during the forecast period due to rising agriculture sector in developing
economies, water treatment, adhesives and growing pharmaceutical industry in
the region. China being largest consumer, manufacturer and exporter of
polyether Amine. Chinese manufacturers are mostly small manufacturers and some
of the prominent manufacturers. India is the second largest consumer in Asia
Pacific region. Several initiatives taken by Government of India will support
the growth of coating industry in India. One of such initiative is 'Make in
India'. This initiative is expected to foster growth in Indian anti-reflective
coating market by allowing duty rationalization for skill development,
feedstock, improving infrastructure and tax incentives for R&D investments.
Approval of the GST bill is another key reform which is expected to lower
logistics cost by 10-15% and create a unified market across the country. The
launch of Single Window Interface for Facilitating Trade (SWIFT) by government
would help importers or exporters to file a common integrated declaration,
instead of 9 forms across 6 agencies. In addition to this, North America &
Europe have witnessed healthy growth in Polyether Amine Industry owing to a
growing non-residential repair, renovation and new construction activities in
the region.
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Amine Industry” @ https://www.marketresearchfuture.com/sample_request/4253
NOTE: Our Team of Researchers is
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
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