Key Market Overview:
Ethylene Amine Market size was worth USD 2.0 Billion in 2022, accounting for a CAGR growth of 4.6% during the forecast period (2023-2030), and the market is estimated to be valued at USD 3.0 Billion by 2030.
Ethylene amines are a group of organic compounds that contain two or more amino (-NH2) groups attached to an ethylene (-CH2-CH2-) chain. They are colorless liquids with a strong, ammonia-like odor and are soluble in water and most organic solvents. Ethylene amines are widely used in the production of various chemicals and materials, such as surfactants, chelating agents, resins, fuel additives, paper and pulp, textiles, and adhesives. This further results in increasing demand for these compounds in various end-use industries such as agriculture, pharmaceuticals, textiles, and others.
The most common types of ethylene amines are ethylenediamine (EDA), diethylenetriamine (DETA), triethylenetetramine (TETA), and tetraethylenepentamine (TEPA), which differ in the number of amino groups and the length of the ethylene chain. Furthermore, ethylene amines are generally produced by the reaction of ethylene oxide with ammonia, followed by amination and hydrogenation steps to produce the desired products. Many companies invest in research and development to improve the efficiency and sustainability of their production processes. For instance, in October 2019, Nouryon launched a demonstration plant in Stenungsund, Sweden, to introduce a sustainable ethylene oxide-based manufacturing process platform for producing ethylene amines and derivatives. This further helped in expanding its product offering and meeting the demand for environmentally-friendly solutions.
Geographically, the Asia-Pacific is expected to be the fastest-growing region in the ethylene amine market during the forecast period. This is due to the growth of construction industries in the region which requires ethylene amine, particularly in the production of construction chemicals such as concrete admixtures and adhesives.
Market Dynamics:
Driver:
- The increasing demand for ethylene amines in various end-use industries, such as agrochemicals, personal care, construction, and automotive is driving the growth of the ethylene amine market. Ethylene amines are used as building blocks for a range of chemicals, including chelating agents, fuel additives, surfactants, and adhesives. The growth of these industries, particularly in developing countries is increasing the demand for ethylene amines.
- The increasing demand for ethylene amines in the production of epoxy resins, which are used in coatings, adhesives, and composites is driving the market growth. Ethylene amines act as curing agents for epoxy resins, providing improved mechanical properties and adhesion to the final product.
Restraint:
Ethylene amines are known to be toxic and cause skin and respiratory irritation, as well as other health effects. The toxicity of ethylene amines poses risks to workers involved in the manufacturing and handling of these chemicals, as well as to the environment and public health. Hence, the market growth is restricted due to the risks associated with the toxicity of ethylene amines.
Opportunities:
There is an increasing demand for sustainable production processes and renewable feedstocks in the chemical industry, including for the production of ethylene amines. This presents an opportunity for market players to invest in the development of sustainable production processes and expand their offerings to meet the growing demand for environmentally-friendly products. Furthermore, technological advancement and research will help to improve the efficiency and safety of ethylene amine production, as well as the quality of the final product. This will further present an opportunity for the market players to differentiate their offerings and acquire new market share.
Ethylene Amine Report Coverage
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 (USD Billion) | 3.0 Billion |
| CAGR (2023-2030) | 4.6% |
| By Product Type | Ethylenediamine (EDA), Diethylenetriamine (DETA), Triethylenetetramine (TETA), Tetraethylenepentamine (TEPA), and Aminoethylpiperazine (AEP) |
| By Manufacturing Process | Reaction Between Ammonia and Ethylene Dichloride and Reaction Between Ammonia and Ethylene Oxide |
| By Application | Resins, Chelating Agents Pesticides, Corrosion Inhibitors, Epoxy Curing Agents, Lube Oil, Fuel Additives, Adhesives and Sealants, and Others |
| By End-User | Pharmaceutical, Paper and Pulp, Textiles, Water Treatment, and Others |
| By Geography | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Players | Huntsman International LLC, Nouryon Chemicals Holding B.V, Sisco Research Laboratories Pvt. Ltd., Dow Chemical Company, Diamines & Chemicals Ltd., Akzo Nobel N.V., BASF SE, Tosoh USA, Inc., Matangi Industries LLP, and Mallak Specialties Pvt Ltd. |
Market Segmentation:
By Product Type
The product type segment is categorized into ethylenediamine (EDA), diethylenetriamine (DETA), triethylenetetramine (TETA), tetraethylenepentamine (TEPA), and aminoethylpiperazine (AEP). Ethylenediamine (EDA) accounted for the highest market share in 2022. This is due to the extensive use of ethylenediamine as a chelating agent in the production of polymers, resins, and plastics, as well as in fuel additives and construction chemicals. Additionally, ethylenediamine is also used in the manufacture of adhesives, coatings, and lubricants.
Aminoethylpiperazine (AEP) is known to be an effective chelating agent and is used in various applications, including as a surfactant, and in the production of polymers and resins. Further, it is used to prevent corrosion in pipelines and other equipment that are used in the extraction, transportation, and refining of oil and gas. Hence, aminoethylpiperazine (AEP) is expected to be the fastest-growing segment during the forecast period.
By Manufacturing Process
The manufacturing process segment is divided into the reaction between ammonia and ethylene dichloride and the reaction between ammonia and ethylene oxide. The reaction between the ammonia and ethylene dichloride segment accounted for the largest market share in 2022 as this process is a well-established method for producing ethylene amine at a large scale, making it suitable for commercial production. Further, this process is used to produce a range of ethylene amine products, including monoethyleneamine (MEA), diethyleneamine (DEA), and triethyleneamine (TEA), depending on the reaction conditions which contributes to the dominance of the segment.
However, the reaction between ammonia and ethylene oxide is expected to be the fastest-growing segment during the forecast period. This is because the reaction between ammonia and ethylene oxide is more efficient, produces higher yields, and generates fewer by-products. Additionally, the reaction between ammonia and ethylene oxide does not generate any toxic by-products, making it a more environmentally friendly process. This is expected to increase the growth of the segment over the forecast period.
By Application
The application segment is categorized into resins, chelating agents, pesticides, corrosion inhibitors, epoxy curing agents, lube oil, fuel additives, adhesives and sealants, and others. In 2022, the resins segment accounted for the highest market share due to the use of ethylene amines as a building block for resins that are used in coatings and composites, among others. Further, the increasing demand for resin-based products in various end-use industries, such as construction, automotive, and packaging is driving the growth of the segment.
Ethylene amines are used to improve the adhesion, wetting, and curing properties of the final product. Ethylene amines also offer good mechanical strength and thermal stability, which are important properties for adhesives and sealants used in high-performance applications. Hence, adhesives and sealants are expected to be the fastest-growing segment during the forecast period.
By End-User
The end user segment is classified into pharmaceuticals, paper and pulp, textiles, water treatment, and others. The pharmaceutical segment accounted for the largest market share in the ethylene amine market in 2022. This is due to the increasing use of ethylene amines as raw materials in the production of drugs for various therapeutic applications, such as cancer treatment and cardiovascular diseases. The demand for ethylene amines in the pharmaceutical industry is driven by the increasing prevalence of chronic diseases, the rising geriatric population, and growing investments in drug R&D.
Ethylene amine is used in water treatment processes as a chelating agent and also for the removal of heavy metals, which is a crucial process in the treatment of wastewater and drinking water. Hence, water treatment is expected to be the fastest-growing segment during the forecast period.
By Region
The region includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the highest market share in the ethylene amine market in 2022. This is due to the presence of a large number of key market players such as Huntsman Corporation, Dow Chemical Company, and others. Further, the increasing demand for ethylene amines in various applications such as pesticides, resins, and adhesives is also contributing to segment dominance.
However, Asia Pacific is expected to be the fastest-growing region in the ethylene amine market during the forecast period. This is attributed to the increasing demand for ethylene amines in various end-use industries such as pharmaceuticals, paper and pulp, and textiles. Additionally, favorable government policies and increasing investments in various sectors are also expected to drive the growth of the market in the region.
Ethylene Amine Market Competitive Landscape:
The ethylene amine market is highly competitive, with several large players and numerous small and medium-sized enterprises. These companies have strong research and development capabilities and a strong presence in the market through their extensive product portfolios and distribution networks. The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships. The key players in the market include-
- Huntsman International LLC
- Nouryon Chemicals Holding B.V
- Sisco Research Laboratories Pvt. Ltd.
- Dow Chemical Company
- Diamines & Chemicals Ltd.
- Akzo Nobel N.V.
- BASF SE
- Tosoh USA, Inc.
- Matangi Industries LLP
- Mallak Specialties Pvt Ltd
Recent Developments:
- In April 2022, BASF SE and SINOPEC Group initiated the construction of the joint Verbund site expansion in Nanjing, China. The expansion aims to increase production capacity and efficiency of ethyleneamines, in addition to improving the supply chain of the site’s chemical products.
- In June 2021, Dow Chemical Company announced the construction of the world’s initial complex for ethylene and its by-products with net-zero carbon emissions.
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