Ethylene Amines Market

Ethylene Amines Market Overview (2022 to 2032)

The Ethylene Amines Market revenue totaled USD 1.9 Billion in 2021. The ethylene amines market is expected to reach USD 3.1 Billion by 2032, exhibiting growth at 4.6% CAGR between 2022 and 2032. From 2021 to 2022, the industry is likely to exhibit a Y-o-Y growth of 5.3%, to be valued at USD 2 Billion.

Increasing demand for resins and adhesives is expected to result in a rise in the demand for ethylene amines in the upcoming years.

Attributes	Details
Ethylene Amines Market CAGR (2022 to 2032)	4.6%
Ethylene Amines Market Size (2022)	USD 2 Billion
Ethylene Amines Market Size (2032)	USD 3.1 Billion

How Will The Industrial Market For Ethylene Amines Develop Over The Next Few Years?

Surfactants frequently contain ethylene amines due to their excellent foaming characteristics, which is expected to significantly increase product demand by 2032. Growing demand for laundry and detergent products due to consumer awareness of cleanliness and hygiene has pushed the ethylene amines market size in surfactant applications.

Increasing research investments in the development of eco-friendly products with ecologically friendly properties will spur growth in product demand.

As a result of an increasing population in the end-use industry and the emergence of cutting-edge technology, the market for end-use products has grown overall. The emergence of new industry participants contributed to the growth of the market.

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For new market players, initiatives to become competitive may help to overcome a supply-demand imbalance by developing lucrative applications. In response to sustained market demand, significant technological advancements have been made, further expanding this market.

As a result of accelerating pesticide demands in developing countries as well as the use of ethylene amines in the automotive industry as fuel and lubricant additives to have carbon-free emissions, there has been an upward trend in ethylene amine demand.

In addition to polyamide resins and epoxy curing agents, ethylene amine is also used to make polyamide resins in the market. polyamide resins have primarily been used in pressure-sensitive and heat-sealing adhesives for plastic, paper, metal, and leather. In addition, to use in paints and printing binders, they also serve as corrosion inhibitors.

What Are The Constraints To Ethylene Amine Production?

Ethylene amines are associated with a risk of toxicity which could limit the market expansion. It is anticipated that several health issues may hinder the growth of the ethylene amines market, as a result of asthmatic conditions on the production line. Moreover, the raw materials used to manufacture ethylene amines are very expensive. A large barrier may also exist in the commercialization of ethylene amines.

Since growing ethylene amines can transform into exothermic reactions when exposed to other chemicals, this compound should be handled carefully during production in the market. All these factors hamper the growth of ethylene amines in the market.

Category Wise Analysis For Ethylene Amines Market

Which Ethylene Amine Type is likely to dominate the Market?

Ethylenediamine will experience Maximum Uptake in Forthcoming Years

The market for ethylenediamine is expected to grow at a CAGR of 4.2% during the forecast period. In recent years, ethylenediamine has become increasingly popular in various industrial applications, including chelating agents, ethylene urea resins, corrosion inhibitors, ion exchange resins, oil additives, adhesives, chemicals for rubber, and surface-active agents.

In addition, ethylenediamine is also used as an intermediate in the production of tetra acetyl ethylenediamine (TAED), which serves as an activator for bleaching in detergents and additives for washing clothes and doing dishes. The pharmaceutical industry relies heavily on ethylenediamine as an ingredient.

The chemical is a major ingredient in the manufacture of aminophylline, a bronchodilator used to treat respiratory disorders and other chronic lung diseases. Therefore, ethylenediamine demand is expected to significantly increase over the forecast period due to growing demands from various applications.

Which Applications are likely to make extensive use of Ethylene Amines?

Agrochemicals Likely to Emerge as the Most Opportunistic Application Area

Based on end-user Industry type the market is segmented into personal care, pulp and paper, adhesives, paints, and resins, agrochemicals, automotive, pharmaceutical, oil and gas, and other end-user industries. The agrochemicals market is expected to grow significantly during the forecast period. Agrochemicals are expected to grow with a CAGR of 4.1% during the forecast period.

In light of the fact that ethylene amines are used in the manufacture of several crop protection products, the growth of the global agrochemicals industry will provide a great deal of support to the global ethylene amines industry. The industry of ethylene amines utilizes ethylene amines to manufacture a variety of crop protection products, and it is likely to profit from the continued growth of the agrochemicals sector.

Region-Wise Analysis For Ethylene Amines Market

How Opportunistic is the market for Ethylene Amines across North America?

North America will benefit from easy access to a strong petrochemical market in the coming years

In North America, ethylene amines are widely distributed throughout different verticals. Ethylene amines are expected to witness a higher level of business in the market as a result of the growing demand for petrochemicals in North America.

The USA ethylene amine market is expected to grow at a CAGR of 4.4% during the forecast period. As the market for exports grows, the petrochemical market is expected to increase consistently. The market for ethylene amines in the USA is projected to grow at a revenue rate of USD 1.0 Billion during the forecast period.

What are the prospects for the Asian Ethylene Amines Market?

Increased Demand for Automotive Components to drive growth

The Asia Pacific region will grow the fastest in terms of automotive sales during the forecast period. Due to increasing demand for products in the automotive and agrochemical industries, the Asia-Pacific region will dominate the market for ethylene amines over the forecast period.

Overall, ethylene amine usage in the region is expected to rise at a faster rate due to consistent economic growth in countries such as China, India, Japan, and South Korea.

The market for China, Japan, and South Korea is expected to grow at CAGRs of 4%, 3.8%, and 3.5% during the forecast period. Among the major countries in this region producing ethylene amines is China, which accounts for the largest demand in the market. China uses ethylene amines in a number of industries, such as personal care, textiles, adhesives, paints, and automotive.

With new regulations and policies for the automotive industry, Japan's demand for ethylene enamines is expected to increase. As a result, the demand for ethylene amines is expected to have a positive effect due to its requirement as a fuel additive in this region. With lubricants and paints becoming prevalent in the automotive sector, there will be an increase in market demand for ethylene amines.

Due to growing disposable incomes, the need for passenger and commercial vehicles in the region has increased, giving these products a greater chance of being used as additives. As the water treatment industry ramps up its use of chelating agents, the ethylene amines market in this region is expected to grow significantly.

What are the e-growth prospects for the European Market?

Growing Demand for Personal Care Products to Drive Growth in the UK

Among all the countries in the market, the United Kingdom is predicted to grow to be the largest in the production of ethylene amines the market. The market is expected to grow at a CAGR of 3.6% during the forecast period. Growing market demand for chemicals used for the manufacture of personal care products is expected to continue throughout the forecast period.

Among the many ethanolamine applications are personal care products, agrochemicals, and construction. Monoethanolamine, diethanolamine, and triethanolamine are three of the main components. Products for cleaning and preventing skin irritation are used in the manufacture of personal care products.

Vegetable waxes and waxes derived from petroleum are recognized as emulsifying ingredients in cosmetic products. Water and oil molecules are emulsified into a smooth emulsion by treating basic wax with additives. Since shampoos are able to dislodge oily and grease particles stuck to skin and hair, they are effective hair and skin cleaning agents. All these factors propel growth for ethylene amines in the production of these products in the market.

Recent Developments In Ethylene Amines

Manufacturing companies can increase production through strategic partnerships, increasing revenues and market share. End users will reap the benefits of new technologies as new products and technologies are introduced.

• Technology giant Technip Energy and Clariant announced a partnership in April 2022 for the implementation of Clariant's Sunliquid Cellulosic Ethanol technology. Technip Energies is a provider of engineering, procurement, and construction (EPC) services for advanced biofuel plants and can help Sunliquid customers to take advantage of Clariant's proven technology.
• In May 2022, an INEOS project management contract has been awarded to Técnicas Reunidas S.A., which is responsible for work on the project management, engineering, procurement, and construction management and supervision of Europe's largest ethylene plant. Construction of the plant will take place in the Belgian port of Antwerp, which will be able to produce 1.5 million tons of steel annually. The plant is expected to start operating in 2026.
• Microsoft Corporation and SABIC, a global leader in the chemical industry, collaborated in September 2021 to develop a mouse with an exterior shell composed of 20% recycled ocean plastic, as part of an effort to advance the use of recycled ocean plastic. As part of SABIC's TRUCIRCLETM portfolio and services, SABIC will supply Microsoft with a new XENOYTM resin made from 20% ocean plastic. The new XENOYTM resin contains recycled ocean plastic and reduces plastic waste in the ocean.

Key Players

• Arabian Amines Company
• BASF SE
• Delamine BV
• Diamines and Chemicals Ltd.
• Dow
• Fisher Chemical
• Huntsman International LLC
• Nouryon
• Oriental Union Chemical Corporation
• Sadara Chemical Company
• Saudi Basic Industries Corporation (SABIC)
• Tosoh Corporation

Key Segments Covered In The Ethylene Amines Market Study

By Type:

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

By End Use Industry:

• Personal Care
• Pulp and Paper
• Adhesives, Paints, and Resins
• Agro Chemicals
• Automotive
• Pharmaceuticals
• Oil and Gas
• Other End-user Industries

Frequently Asked Questions

What is the growth outlook for the ethylene amines market?

The ethylene amines market is expected to grow at a steady CAGR of 4.6% over the forecast period.

What was the size of the data center ethylene amines market size in 2021?

The global market for ethylene amines was valued at USD 1.9 Billion in 2021

What region dominates the global ethylene amines market?

USA leads the global ethylene amines market with a CAGR of 4.4% during the forecast period

By end use industry, which category is likely to experience highest application of ethylene amines?

The market for agro chemical ethylene amines is expected to grow by nearly with CAGR of 4.1% by 2032

Which type is forecast to drive market growth during the forecast period?

The Ethylenediamine (EDA) are expected to reach a CAGR of 4.2% during the forecast period

What is the estimated market value of the China market?

China is expected to garner USD 0.2 billion while expanding at a 4% CAGR from 2022 to 2032.