The Asia Pacific Polyethyleneimine Market would witness market growth of 1.9% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 2,541.8 Tonnes, showcasing a growth of 16.32% (2020-2023).
Polyethyleneimine (PEI) is extensively used in adhesives and sealants due to its strong adhesion properties, high reactivity, and ability to bond with a wide range of substrates, including metals, plastics, and glass. PEI enhances the bonding strength and durability of adhesives, making them ideal for industrial applications, such as automotive, electronics, and packaging. The key advantage of PEI in this sector is its high tack and strong binding ability, which improves the performance of adhesives and sealants under various environmental conditions. Thus, the adhesives and sealants in the China market registered volume of 247.06 Tonnes in 2023.
The China market dominated the Asia Pacific Polyethyleneimine Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $83,144.3 Thousands by 2031. The Japan market is registering a CAGR of 1.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 2.3% during (2024 - 2031).
In addition, the role of PEI in personal care products stimulates market expansion. Demand for premium personal care products is increasing as consumers become more concerned with their health and well-being. PEI's conditioning properties make it a valuable ingredient in shampoos, conditioners, and skin creams, further contributing to the growth of this market. Furthermore, the paper & pulp industry relies on PEI for its superior adhesion properties and as a wet-strength agent. It is anticipated that the growing demand for this in production will be the driving force behind the expansion of the market. This is especially evident in developing regions, where consumer appetite for paper products tends to surge.
The expansion of the personal care industry is another driving force behind the rising use of PEI. The beauty and personal care industry is currently undergoing substantial expansion in emerging markets, with most notable developments occurring in Asia-Pacific. Increasing disposable incomes, along with the expansion of the middle class in nations such as China, India all contribute to increased expenditures on grooming and personal care products. International brands are capitalising on this trend by introducing PEI-based products tailored to the preferences and needs of these markets.
The pharmaceutical sector is witnessing significant growth in Asia, specifically in nations such as China and India, as a result of augmented investments in research and development. China's pharmaceutical industry has seen its main business revenues grow at an annual average of 9.3 per cent since the beginning of the 14th Five-Year Plan period (2021-2025), the Ministry of Industry and Information Technology (MIIT) said. The sector's combined profits have grown at an annual average of 11.3 per cent. MIIT data shows that the average annual investment in the industry's R&D has exceeded 20 per cent. PEI’s role extends to improving the stability and solubility of certain medications. In Japan, pharmaceutical researchers are exploring using PEI to enhance the solubility of poorly water-soluble drugs, making them more effective in treating diseases. This has significant implications for developing new oral medications that the body can easily absorb, thereby improving patient compliance and treatment outcomes. Hence, the rising use of PEI in the regional pharmaceutical industry will aid in expanding the market.
Free Valuable Insights: The Global Polyethyleneimine Market is Predict to reach USD 515.8 Million by 2031, at a CAGR of 2.0%
Based on Type, the market is segmented into Branched and Linear. Based on Application, the market is segmented into Adhesives & Sealants, Detergents, Water Treatment Chemicals, Paper, Cosmetics, Coatings, Inks & Dyes, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
By Type (Volume, Tonnes, USD Million, 2020-2031)
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Country (Volume, Tonnes, USD Million, 2020-2031)
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