Polyetheramine Market Analysis

Polyetheramine Market Analysis

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Based on type, the polyetheramine market is segmented as Monoamines, Diamines, Triamines, Others. Monoamines segment exceeded USD 635 million in 2022. Monoamines polyetheramines are commonly used as curing agents for epoxy resins in coatings, adhesives, and composites. Their strong adhesive properties make them suitable for various bonding applications. Moreover, an increasing usage will further accelerate the segment trends.
 

Based on application, the polyetheramine market is segmented as Epoxy Coatings, Adhesives & Sealants, Polyurea Coatings, Fuel Additives, Others. Epoxy Coatings held a dominant market share of around 35% in 2022 and is expected to grow at a lucrative pace by 2032. Polyetheramines act as curing agents in epoxy resins, crucial for the development of high-performance coatings, adhesives, and composites. Thus, the aforementioned factors are projected to expedite the market demand.
 

U.S. polyetheramine market crossed USD 410 million in 2022 and is anticipated to expand at a significant pace from 2023-2032. Polyetheramines are used in construction materials like adhesives, sealants, and coatings. As construction and infrastructure projects continue to grow in North America, the demand for these materials could increase, thereby driving the demand for polyetheramines. Thus, the above-mentioned variables would augment the business growth in the North America positively.