Los Angeles, CA -- (SBWire) -- 04/12/2019 --Isophorone Diamine (IPDA) is a mixture of two stereo-isomers of 3-aminomethyl-3, 5, 5-trimethylcyclohexylamine, and is a colorless to yellow low viscosity liquid with a faint amine odor. Commonly, the ratio of Cis /Trans isomers is 75/25 commercially.
The isophorone diamine (IPDA) is monopolized by a few giant enterprises included Evonik and Basf. Globally, the global production was 117736 MT in 2015 and it will reach 169340 MT in 2021.
Evonik was the leader manufacturer of isophorone diamine (IPDA) owned the 55.86% production market share in 2015 and with the production sites distributed in Herne and Marl (Germany), Mobile (Alabama, USA), as well as Shanghai (China). What' more, Evonik Industries had opened an integrated production complex for isophorone and isophorone diamine in Shanghai, China in July, 2014 to serve the Asian market.
BASF manufactured IPDA at its Ludwigshafen Verbund site with the volume market share of 28.74% in 2015.
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In China, the Wanhua Chemica was the only domestic enterprise with the 2000 MT production trial operation in 2013.
In addition, the production regions of isophorone diamine (IPDA) are mainly located in Europe, USA and China. Europe was the leader production regions, which achieved about 64.21% volume market share in 2015.
As for the region consumption, Europe remained the largest market for isophorone diamine (IPDA) in the world, with 53.92% market share consumption in 2015. Other major consuming regions include USA and China, which account for 17.79% and 20.40% respectively.
The downstream demand of isophorone diamine (IPDA) is rigidity. isophorone diamine (IPDA) can be used for major two purposes: epoxy resin systems as curing agent and the production of isophorone diisocyanate (IPDI). In 2015, the market share of epoxy resin systems used isophorone diamine (IPDA) was accounted for 50.23%, which was much higher than that of isophorone diisocyanate (IPDI) used isophorone diamine (IPDA).
The global Isophorone Diamine market was 620 million US$ in 2018 and is expected to 730 million US$ by the end of 2025, growing at a CAGR of 2.1% between 2019 and 2025.
This report studies the Isophorone Diamine market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Isophorone Diamine in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Evonik
Basf
Wanhua Chem
By the product type, the market is primarily split into
One-Step Method
Two-Step Method
By the end users/application, this report covers the following segments
Epoxy Resin
IPDI
Others
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Isophorone Diamine Market Will Expand at 2.1% CAGR to Hit 730 Million US$ by 2025: QY Research, Inc.