Ethyleneamines Market Analysis

Ethyleneamines Market Analysis

Diethylenetriamine market size may witness strong gains of up to 4% due to strong use in paper industry. It is broadly used to provide wet-strength properties to paper. Paper is treated with the product to be used in packaging for food, milk, towelling and tissue products. Strong application scope in photographic filter and numerous non-woven products is anticipated to fuel product demand.
 

Triethylenetetramine market size is anticipated to surpass USD 800 million by 2024 owing to its application scope in fuel additives, fabric softeners, epoxy curing agents, paper wet-strength resins, lube oil, asphalt additives, and bitumen chemicals. These end-use applications are likely to promote product demand in the forecast timeframe.
 

Ethylenediamines (EDA) market size from pesticide application is projected to surpass USD 290 million in the forecasted timeline. These products are used to make fungicide which are used as agro-chemical in agriculture sector. EDA is also used for prevention of blight, rust, mildew and scab which is likely to propel product demand in by 2024.
 

Diethylenetriamine (DETA) market size from chelating agents’ application is poised to outdo 10 kilo tons in anticipated timeline. Diethylenetriamine (DETA) are appropriate to be used as chelating agents. These products function by establishing stoichiometric complexes known as chelates. DETA is used in applications where definite metal ions need to be buffered and interfere with processing, thus propelling product demand.
 

Asia Pacific led by, Australia, Japan, South Korea, India and China market size is projected to surpass USD 1 billion by 2024 owing to strong application scope in automotive and agriculture industry. Rising disposable income has prolonged demand for passenger and commercial and vehicles in the region leading to growing prospect for these products to be used as additive. Upsurge in demand for chelating agents to be used in water treatment industry is anticipated to boost ethyleneamines market size in this region.
 

Europe driven by Italy, France, UK, and Germany ethyleneamines market size may observe significant gains at 4% by 2024 owing to being production centers of automobile players including Volkswagen, Mercedes, BMW and Renault. Increasing application potential of the product in home and personal care products owing to usage as essential ingredient is likely to foster industry growth.
 

Brazil ethyleneamines market size is anticipated to witness strong gains owing to flourishing agriculture industry in the region. These products are extensively used in pesticides, which is likely to drive product demand in projected timeframe.