Ethylene amines is a class of amine compounds containing ethylene linkages between amine groups. Ethylene amines are primarily used as building block chemicals. Ethylene amines possess various properties. For instance, they are colorless, low viscosity liquids with fishy amine odor. Ethylene amines are employed in a wide range of applications owing to their unique combination of reactivity, basicity, and surface activity. Products used in everyday life such as cosmetics, pharmaceuticals, paper rolls, paints, adhesives, and detergents can be manufactured using ethylene amines.
Ethylene amines are employed in various applications. High usage of resins, papers, and adhesives is anticipated to boost the demand for ethylene amines. Development of new manufacturing methods is also anticipated to drive the demand for ethyl amines. However, volatility in supply of raw materials is restraining the ethylene amines market.
Based on the product, the ethyl amines market can be segmented into Ethylenediamine (EDA), Diethylenetriamine (DETA), Triethylenetetramine (TETA), Tetraethylenepentamine (TEPA), Aminoethylpiperazine (AEP-HP), Aminoethylethanolamine (AEEA), Ethyleneamine E-100, and blends and derivatives. EDA and DETA are the two largest volume ethyleneamine homologs. EDA is commonly used as intermediary to produce detergents, textile auxiliaries, paper chemicals, polyamides, and fungicides. Major application areas of DETA are chelating agents, wet strength resins, lubricant oil additives, oilfield chemicals, and polyamides for resins or epoxy curing agents.
In terms of application, the ethylene amines market can be divided into asphalt additives, bleach activators, chelating agents, corrosion inhibitors, drainage aids, elastomeric fibers, epoxy curing agents, fabric softeners, fungicides, hydrocarbon purification, lube oil and fuel additives, mineral processing aids, pharmaceuticals, plastic lubricants, polyamide resins, rubber processing additives, surfactants, textile additives, urethane chemicals, wet strength resins, agriculture, and wood preservatives.
Based on method of preparation, the ethylene amines market can be segregated into reductive amination of monoethanolamide and reaction between ethylene dichloride and ammonia. Majority of ethyl amines are produced by the reaction between ethylene dichloride and ammonia. Akzo Nobel N.V., a leading paints and coatings company in the world and major producer of specialty chemicals, recently announced it had developed a new process of manufacturing ethyl amines. The method entails reaction of an ethanolamine functional compound with an amine functional compound in the presence of a carbon oxide delivering agent. The new process is expected be cheaper and more energy efficient. It is anticipated to allow the company to expand its portfolio of amines.
In terms of geography, the ethylene amines market can be split into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). North America is a key region of the ethylene amines market in terms of value. Asia Pacific is a rapidly growing region of the ethylene amines market. The ethylene amines market in Europe, Latin America, and Middle East & Africa is anticipated to expand at a healthy pace during the forecast period.
Key players operating in the ethylene amines market include Akzo Nobel N.V., Huntsman Corporation, Dow Chemical Co, BASF S.E., Tosoh Corporation, Delamine B.V., and Diamines & Chemicals Limited.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.