Sarasota, FL -- (SBWIRE) -- 05/24/2017 -- Zion Market Research, the market research group announced the analysis report titled "Ethyleneamines Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"

Global Ethyleneamines Market: Overview

Ethyleneamine is an organic compound, consisting of ethylene linkages between amine groups. It is colorless viscous liquid with an odor like ammonia. Ethyleneamine is a strong base and can be used as chelating agents. It is readily compatible in water. Also, it is soluble in sulfuric acid, hydrochloric acid, and dilute nitric acid. Different types of ethyleneamines are available in the market which includes heavy polyamine, ethylenediamine, triethylenetetramine, diethylenetriamine, piperazine, and tetraethylenepentamine. Ethylenediamine and diethylenetriamine are largely used in diverse range of applications as reactive intermediates to produce other useful chemicals. It can be produced by reducing aminoacetonitrile with hydrogen under pressure in the presence of nickel suboxide. An alternative method for the production of the ethanolamine involves the reaction of ethanolamine with ammonia in the presence of nickel catalyst. Ethyleneamines normally react with moisture in the presence of air releasing vapors, which are corrosive to metals and its prolonged exposure is hazardous to human health.

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Global Ethyleneamines Market: Growth Factors

Ethyleneamines is widely used in the end-use industries for various applications. Growing use of the products such as adhesives, resins, and papers gives rise to the market growth. Emerging innovative technologies, developing end-use industries, and growing population anticipate boosting the global ethyleneamine market. The increased use of ethyleneamines in the agriculture and personal care sectors are added additional benefits to the growth of the market. Because of increasing wind power capacity, the wind turbine blade market has encouraged the use of ethyleneamines. However, the production of ethyleneamines may cause asthmatic issues and the expensive prices of the raw materials that are used for the production of ethyleneamines may hinder the global ethyleneamine market to some extent.

Global Ethyleneamines Market: Segmentation

The global ethyleneamine market is fragmented based on the end-use industries, types, and regions. The end use industries segment is categorized into paper & pulp, automotive, paints & coatings, adhesives & sealants, petroleum production and refining, textiles, pharmaceuticals, and others. Based on types, the market is segregated into ethylenediamine, tetraethylenepentamine, diethylenetriamine, triethylenetetramine, and others. The region wise segmentation of the market includes North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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Global Ethyleneamines Market: Regional Analysis

Heavy development in the Asia Pacific region owing to the exponential growth in the population in the countries such as Malaysia, Vietnam, India, China, and Brazil lead to ethyleneamine market growth. Increasing constructional activities in the emerging countries of South East Asia is fuelling the growth of the market. Oil extractions at oil fields in the Middle East and African regions extensively use ethyleneamines for the drilling operation this factor is expected to strengthen the market. The US and European economies have gained stability, which is positively enhancing the ethyleneamines market growth.

Global Ethyleneamines Market: Competitive Players

Major companies that are involved in the global ethyleneamines market include Delamine B.V., Dow Chemical Company, Tosoh Corporation, Akzonobel N.V. Other influencing players are BASF SE, Diamines and Chemicals Limited, Huntsman Corporation, Arabian Amines Company, and others.

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Global Ethyleneamines Market: Regional Segment Analysis

North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa