The report "Polyetheramine Market by Type (Monoamine, Diamine, and Triamine), Application (Epoxy Coating, Polyurea, Adhesives & Sealants, Composites, and Fuel Additives), and Region - Global Forecasts to 2022", The global polyetheramine market was valued at USD 625.8 Million in 2016 and is projected to reach USD 1,074.0 Million by 2022, at a CAGR of 9.3% from 2017 to 2022. The market is driven by the growing trend of renewable & eco-friendly energy generation and continuous improvements in the construction industry.
Currently, the Asia-Pacific region is the largest market for polyetheramine, in terms of both value and volume. China is the largest market for polyetheramine. However, India and China are the fastest-growing markets for polyetheramine in the region.
The following factors are the main driving forces for the polyetheramine market in the Asia-Pacific region:
- Growing wind power industry in Asia-pacific
- Increasing residential building & construction activities in the region
Huntsman Corporation (U.S.), BASF SE (Germany), and Wuxi Acryl Technology Co. Ltd (China) are the key players in the polyetheramine market.
