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Polyetheramine are curing agents that contain polyether and amine molecules. They are used to increase flexibility, toughness, hydrophilicity, or hydrophobicity of end products. Polyetheramine is used in ink resins, adhesives, sealants, and elastomers. It is also employed in various other applications such as epoxy curing, polyuria, and polyamides in a wide range of coatings. Polyetheramine is a colorless liquid with odor similar to that of amines. It has long shelf life with moderate glass transition range of 25 ºC to 100 ºC. Polyetheramines are also used as fuel additives. Thus, usage of polyetheramine in a wide array of applications is expected to drive the market for polyetheramine during the forecast period. Based on type, the market for polyetheramine can be segmented into monoamine, diamine, triamine, and others. In terms of application, the market for polyetheramine can be divided into polyurea, composites, epoxy coatings, fuel additives, adhesives & sealants, and others.

The market for polyetheramine is anticipated to witness strong growth owing to the expansion of end-user industries. Increase in the usage of polyetheramine based composites in the wind energy industry since the last few years is anticipated to drive the market during the forecast period. In terms of type, the diamine segment is estimated to witness strong growth owing to the rising usage in wind blade composites. Increase in demand for renewable energy is boosting the market for wind industry. This, in turn, is projected to augment the polyetheramine market during the forecast period. The epoxy coatings application segment constituted significant share of the global polyetheramine market in 2016. The segment is likely to expand substantially in the near future. Increase in expenditure on epoxy coatings in the building & construction industry is expected to boost the epoxy coatings segment. Epoxy coatings are durable coatings, which are used in adhesives, metals, floors, etc.

Increase in population in emerging countries, growth in the manufacturing industry, and rise in local end-use production are anticipated to propel the consumption of polyetheramines. Expansion in industries such as cement additives and acid neutralization is also estimated to augment the polyetheramine market. However, rise in environmental regulations on the usage of polyetheramines owing to their hazardous impact on the aquatic life can hamper market growth during the forecast period.

In terms of geography, Asia Pacific accounted for significant share of the global polyetheramine market in 2016. The region is projected to continue its dominance during the forecast period. Growth in population, increase in demand for renewable energy, and expansion in end-user industries that employ polyetheramine are the factors augmenting the polyetheramine market in Asia Pacific. Polyetheramine is gaining momentum in the region owing to its burst resistance and fatigue resistance properties. Asia Pacific was followed by North America and Europe in 2016. Innovative coating technologies, rise in demand for renewable energy, and construction solutions for infrastructure development are expected to fuel the polyetheramine market in North America. Considering the global outlook, the market for polyetheramine is anticipated to record strong growth during the forecast period.

Key players operating in the polyetheramine market are BASF SE, Wuxi Acryl Technology Co., Ltd., Huntsman Corporation, Yangzhou Chenhua New Materials Co., Ltd., Clariant, Yantai Minsheng Chemicals Co., Ltd., Zibo Dexin Lianbang Chemical Industry Co., Ltd., and Iro Surfactant Co., Ltd. Companies are adopting various strategies such joint ventures, acquisitions, and new product development to increase their presence in market. Huntsman Corporation expanded its global production of polyetheramine by 15% in 2015. 

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
  • Europe
  • 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.

2. Insights and Tools

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.

3. Actionable Results

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.

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Polyetheramine Market

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