The North America Polyetheramine Market would witness market growth of 7.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 474.3 Hundred Tonnes, showcasing a growth of 6.1% (2019-2022).
The market has witnessed significant growth and transformation in recent years, driven by the diverse range of applications, industry adoption, and ongoing innovations within the market. This versatile class of compounds, belonging to the amine family, has found widespread use in various industrial processes, coatings, adhesives, sealants, and more. It has witnessed widespread adoption due to their unique properties, including reactivity, versatility, and compatibility with various materials.
Polyetheramines exhibit versatility in molecular weight, amine functionality, and chemical structure. This flexibility allows for tailoring formulations to meet specific requirements across diverse industries. The amine groups in these confer reactivity, making them effective curing agents, crosslinkers, and additives in numerous chemical processes, coatings, and adhesives. These demonstrate compatibility with various resins, polymers, and other chemicals, enhancing their utility in composite materials, fuel additives, and surface coatings.
As the construction sector in North America expands, the demand for high-performance concrete increases, subsequently driving the need for these. Demand for high-quality flooring materials increases as residential, commercial, and industrial construction projects expand in North America; this increases the utilization of these in flooring systems. Moreover, the increasing emphasis on sustainable and green building practices in North America aligns with the eco-friendly properties of these. Therefore, the growing construction industry in North America will help expand the regional market.
The US market dominated the North America Polyetheramine Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $295.8 Million by 2030. The Canada market is experiencing a CAGR of 9.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Polyetheramine Market is Predict to reach 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 