The Europe Polyetheramine Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 245.3 Hundred Tonnes, showcasing a growth of 6.5% (2019-2022).
Polyetheramines find applications across various industries, showcasing their adaptability and indispensability. The key sectors benefiting from the diverse applications of these include adhesives and sealants, epoxy coatings, fuel additives, construction, and automotive, among others. In the adhesives and sealants industry, these serve as crucial components in formulations. Their reactivity allows for efficient curing, contributing to the development of adhesives with strong bonding capabilities.
The epoxy coatings industry relies significantly on polyetheramines for their curing and crosslinking properties. These compounds are pivotal in formulating protective coatings with excellent adhesion, corrosion resistance, and durability. Applications range from industrial flooring to marine coatings, where robust protection is paramount. These are selected for their amine functionality, which enables them to react with the epoxy groups in the resin through a process known as amine curing.
Europe has actively invested in renewable energy projects to transition toward a more sustainable, low-carbon energy mix. The expansion of wind and solar energy capacities is driven by government initiatives, incentives, and environmental commitments, leading to a surge in demand for materials like polyetheramines. In the solar energy sector, these find application in the encapsulation of solar panels, and these are used in producing composite materials for wind turbine blades. Thus, growing wind and solar energy production in Europe is expected to boost the demand in the region.
The Germany market dominated the Europe Polyetheramine Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $80 Million by 2030. The UK market is exhibiting a CAGR of 6.8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.5% during (2023 - 2030).
Based on Product, the market is segmented into Monoamine, Diamine, and Triamine. Based on Application, the market is segmented into Epoxy Coatings, Polyurea, Composites, Fuel Additives, Adhesives Sealants, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Polyetheramine Market will Hit USD 1.7 Billion by 2030, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wuxi Acryl Technology Co., Ltd., Qingdao Iro Surfactant Co., Ltd. (IRO Group INC.), Yantai Aurora Chemical Co. Ltd., Zibo Xinye Chemical Co., Ltd., Shanghai Chenhua International Trade Co., Ltd. (Yangzhou Chenhua New Material Co., Ltd.), Yantai Dasteck Chemicals Co., Ltd., Huntsman Corporation, Clariant AG, BASF SE, and Zibo Dexin Lianbang Chemical Industry Co., LTD
By Product (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 