The Latin America, Middle East and Africa Ethyleneamines Market would witness market growth of 6.5% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 612.66 hundred tonnes, showcasing a growth of 4.2% (2024-2031).
Textile additives play a crucial role in enhancing the performance and functionality of textiles across various applications, driving demand in the ethyleneamines market. In the textile industry, ethyleneamines are utilized as additives primarily for applications such as fabric softening, dye fixing, and anti-static treatment. Thus, the Saudia Arabia utilized 3.44 hundred tonnes of ethyleneamines by application in 2023.
The Brazil market dominated the LAMEA Ethyleneamines Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $78.4 million by 2031. The Argentina market is showcasing a CAGR of 7.1% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.1% during (2024 - 2031).
Polymer additives and coatings containing ethyleneamines are extensively utilized in the automotive sector. Coatings utilized on automotive surfaces, such as chassis, bodies, and components, are characterized by improved adhesion, durability, and corrosion resistance.
Additionally, it serves as reductants, catalyst promoters, and NOx scavengers in SCR catalyst formulations, facilitating the conversion of harmful pollutants such as nitrogen oxides (NOx) into harmless nitrogen and water vapor.
As per the International Trade Administration (ITA), the United Arab Emirates is among the top ten oil producers in 2022. Approximately 96% of the nation's estimated 100 billion barrels of known oil reserves are in Abu Dhabi, ranked sixth. On average, 3.2 million barrels of liquid and petroleum products are produced daily in the UAE.
Free Valuable Insights: The Worldwide Ethyleneamines Market is Projected to reach USD 3.3 Billion by 2031, at a CAGR of 5%
Based on Type, the market is segmented into Ethylenediamines, Diethylenetriamine, Triethylenetetramine, and Others. Based on Application, the market is segmented into Curing Agents, Chelating Agents, Corrosion Inhibitors, Lube Oil & Fuel Additives, Processing Aids/Additives, Textile Additives, and Others. Based on End-use, the market is segmented into Resin, Paper, Adhesive, Automotive, Water Treatment, Pharmaceuticals, Personal Care, Agro Chemicals, and Textile Chemicals & Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type (Volume, Hundred Tonnes, USD Billion, 2020-2031)
By Application (Volume, Hundred Tonnes, USD Billion, 2020-2031)
By End-use (Volume, Hundred Tonnes, USD Billion, 2020-2031)
By Country (Volume, Hundred Tonnes, USD Billion, 2020-2031)
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