Ethyleneamines Market Size, Share, Industry, Forecast and outlook (2024-2031)

Ethyleneamines Market is Segmented By Type(Ethylenediamine, Diethylenetriamine, Triethylenetetramine, Others), By Application(Paper and Pulp, Personal Care, Adhesives, Paints, and Resins, Agricultural Chemicals, Automotive, Pharmaceutical, Oil & Gas, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031.

Ethyleneamines Market Size, Demand Insights

Ethyleneamines market is estimated to reach at a CAGR of  5.4% during the forecast period (2024-2031).

Ethyleneamines Market Scope and Summary

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Ethyleneamines are amine compounds with ethylene bonds between the amine groups. The properties of ethylene amines differ. For example, they are drab, low-consistency fluids with an unpleasant amine odor. Ethyleneamines are used in various applications due to their exceptional combination of reactivity, basicity, and surface action.

Ethylene amines can make cosmetics, pharmaceuticals, paper, paints, cement, and cleansers. Ethyleneamines are amines that have ethylene bonds between the amine groups. The majority of ethylene amines are used as chemical building blocks. Ethylene amines have a diverse set of properties. They are colorless, low-viscosity liquids with a fishy amine order and are a natural complex used in the compound union.

Ethylenediamine is a naturally occurring chemical that is used in compound unions. Developing item applications such as chelating specialists, fade activators, and consumption inhibitors could boost business growth in the coming years. The growing demand for pesticides from non-industrialized countries and rising customer awareness of tidiness and cleanliness are the major factors driving the market.

Ethyleneamines Market Dynamics

Because of product demand in various end-use industries, the global ethylene amines market is expected to grow steadily over the next seven years. Rising demand for resins, papers, and adhesives is expected to boost the market growth. Aside from industrial benefits, the agriculture and personal care sectors are expected to benefit the market. Growing population growth in the end-use industry and innovative technology have resulted in overall market growth.

Increasing demand for ethyleneamines in various end-use industries

Rising demand for resins, papers, and adhesives is expected to boost the market growth. Because of new innovative technologies and a growing population, the global ethyleneamines market is expected to grow.

Ethyleneamines are increasingly used in agriculture and personal care products, driving market growth. As wind power capacity has increased, so have ethyleneamines in wind turbine blades. Demand from various end-use industries such as crop protection products, wet strength resins, plastic lubricants, and elastomeric fibers is expected to impact market growth directly.

Ethyleneamines are primarily employed in automotive applications as an additive for ash-free emissions in fuels and lubricants. It is used mainly in lubricants to decrease the production of sludge and deliquesce deposits in IC engines. China is the world's largest car market, according to the International Trade Administration (ITA) and the Chinese government expects automobile manufacturing to reach 30 million units by 2020 and 35 million by 2025. As per the China Association of Automobile Manufacturers, approximately 27 million automobiles were sold in China in 2018. Thus, as automation production increases, so will the demand for ethylene amines, acting as a driver for the ethylene amines market throughout the projection period.

The growing agricultural sector

Ethylenediamine is an organic molecule used as a building component in the manufacture of pesticides, fertilizers, and other agricultural chemicals. Governments are investing extensively in agricultural programs and investments since it is one of the most effective means of increasing agricultural productivity and improving environmental sustainability. The U.S. Department of Agriculture launched "The Agriculture and Food Research Initiative (AFRI)" to ensure food safety and security, improve human nutrition and train the agricultural workers of the future. NABARD launched a US$ 100 million venture capital fund investment in agriculture and rural-focused start-ups in India in May 2019. 

The Canadian government will invest US$560,000 in the Canadian Federation of Agriculture (CFA) in 2020 to create the Canadian Agri-Food Sustainability Initiative. The National Strategy for France's Sustainable Development 2010-2013 aims to promote more sustainable food production and a green economy; throughout its duration, it increased domestic organic output and consumption. As a result of these government programs, agricultural production is expanding in various locations, and ethyleneamines use holds a substantial portion of the agriculture sector. As a result of the thriving agriculture, demand for ethyleneamines will rise, acting as a driver for the ethylene amines market.

Several health issues and the high price of raw materials

In humans, acute ethylene amine inhalation produces significant respiratory tract irritation and inflammation. Some symptoms of acute inhalation exposure in humans include eye tears and burning, sore throat, nasal discharge, bronchitis, shortness of breath, and edema of the lungs. Ethyleneamines are a strong blistering agent that can result in third-degree chemical burns to the skin. It is also corrosive to eye tissue, causing persistent opacity of the cornea and conjunctival scarring.

Furthermore, ethylene amines may contain solvents, which can offer extra fire and explosive concerns. Drums containing Ethyleneamines may rupture in a fire, considerably increasing the size of the fire. As a result, the hazards associated with ethylene amine toxicity are expected to hamper the expansion of the ethylene amine market.

COVID-19 Impact on Ethyleneamines Market Growth

Due to the reliance on the textile, automotive, and chemical industries, the ethylene amines market has been negatively impacted by the COVID-19 pandemic. According to a Wipro report, the automotive saw a 30% drop in sales in March 2020 compared to March 2019, owing to auto plant lockdowns and shutdowns. Several automotive companies have shut down or reduced their operations due to the risk of infections among workers in areas where ethylene amines produce lubricants. The COVID-19 period temporarily hampered the demand for ethylene amines.

Automobile production has been disrupted, resulting in a significant loss in the automotive industry. The drop in car production has drastically reduced demand for ethyleneamines, severely influencing the ethylene amines market. Customer income declines and international travel restrictions reduce demand for ethyleneamines in aerospace. As per a report by Airlines for America, commercial airline passenger volume in September 2020 will be 68% lower than in September 2019, posing a long-term existential threat to manufacturers, the supply chain, and the air travel industry.

Ethyleneamines Market Segment Analysis

By type, the ethylene amines market is segmented into ethylenediamine, diethylenetriamine, triethylenetetramine, and others.

Numerous applications of ethylenediamine to drive growth.

Ethylenediamine is one of the most essential ethylenediamine derivatives, accounting for the lion's share of the ethylene amines market. It is a clear, colorless, single-component product with the lowest molecular weight. Agricultural chemicals, chelating agents, corrosion inhibitors, ethylene urea resins, ion exchange resins, lubricants for thermoplastic resin, oil additives, polyamide resins, soil reforming agents, elastomeric fibers, rubber chemicals, surface-active agents and fungicides are some of the applications of ethylenediamine.

Moreover, ethylenediamine is used as an intermediate in producing tetra acetyl ethylenediamine (TAED), a bleaching activator used in detergents and dishwashing additives. The chemical ethylenediamine is highly alkaline and miscible with water and alcohol. It is sensitive to air, hygroscopic (absorbs moisture from the air), and carbon dioxide. It is incompatible with phosphorus halides, strong acids, aldehydes, oxidizing agents, organic halides, copper & its alloys, and many other substances.

Ethylenediamine is produced by reacting monoethanolamine (MEA) with anhydrous ammonia in the presence of a catalyst, followed by product separation. As a result of the rising demand from various applications, the demand for ethylenediamine is expected to rise significantly over the forecast period.

Ethyleneamines Market Geographical Analysis

Growing demand for ethyleneamines from various end-use industries

The most promising market for ethyleneamines is Asia-Pacific, which is expected to dominate. The dominance can be attributed to the region's growing demand for agrochemicals, adhesives, and sealants. China is the largest shareholder in this region's ethylenediamine market demand. In China, ethyleneamines are used in various industries, including personal care, textile, adhesives & paints, automotive, and others.

In terms of production, China has the world's largest automotive market. Because ethyleneamines are required as a fuel additive, it will likely increase demand. The country has made some strides in shale gas exploration in capacity and drilling techniques. Because of these factors, the government is one of the top shale gas suppliers globally, increasing demand for ethyleneamines in the country's oil and gas sector due to its use in refining processes.

Furthermore, the country's pharmaceutical industry is expected to expand rapidly, likely increasing demand for ethyleneamines from the sector due to its requirement as a raw material. With consistent growth in countries such as China, India, and Japan, the region's demand for ethyleneamines is expected to rise faster in the coming years. Asia-rapid Pacific's growth has played a significant role in expanding the global ethyleneamines market.

Ethyleneamines Companies and Competitive Landscape

There are several players in the global ethyleneamines market. The market is highly consolidated, with major players holding the maximum share of the market.

Major players operating in the ethylene amines market include Arabian Amines Company, Akzo Nobel N.V., Diamines and Chemicals Limited, BASF SE, HELM AG, Huntsman International LLC, LyondellBasell Industries NV, Oriental Union Chemical Corporation, INEOS Group Limited, and Tosoh Corporation.

Diamines and Chemicals Limited

Overview: Diamines and Chemicals Ltd. was founded in 1976 and began manufacturing in 1982. It has been the sole manufacturer of ethyleneamines in the Indian subcontinent. Ethyleneamines are manufactured and sold by the company. They are divided into two business segments: specialty chemicals and power generation. Their manufacturing facilities are located in the PCC Area of Vadodara. Their goods are used in pharmaceuticals, agrochemicals, dyes, pigments, etc. The plant was built entirely with indigenous R&D and is one of only 6 to 8 companies worldwide with proprietary technology for producing ethylene amines.

Product Portfolio: The company manufactures ethylenediamine for use in a variety of applications, including fungicide raw material, chelating agents, corrosion inhibitors, elastomeric fibers, textile auxiliaries, lube oil & fuel additives, water treatment chemicals, drugs intermediates, plastic additives, polyamide resins, rubber processing additives, paper chemicals, and mining chemicals.

Key Development: KLJ Organic Diamines Limited is a joint venture company formed by Diamines and Chemicals Ltd. The company was formed in December 2021. Diamines and Chemicals Ltd. and KLJ Organic Diamines Limited have a shareholding ratio of 65:35.