Chemical Research Report Polyetheramine Market- Global Industry Insights | Page 2

Polyetheramines offer advantages over other amine-based products such as lower toxicity and
reduced tendency to discolor, Polyetheramine are available in colorless liquid forms and have
an odor similar to amines. This compound finds a wide range of application in the coatings
industry. It is used in the production of polyurea coating technologies, pigment formulations,
and epoxy applications. It is also used in the hot melt adhesives, sealants, and engineering
composites.
Polyetheramines has moderate glass transition and long pot life. It leads to high reactivity of
curing systems and harder films, reduced moisture uptake and improved abrasion resistance.
Considering the wide range of molecular weights, repeating unit type and high amine
functionality of polyetheramines, it provides a wide range of opportunities for the
manufacturers and key players to design new compounds. The surge in the wind energy
industry is expected to augment the demand for polyetheramines, thus boosting growth of this
market, globally. Also, the growing building and construction industry has helped drive market
growth. However, the increasing inclination towards bio-based products by end-use industries,
is expected to hamper growth of the polyetheramines market over the forecast period.
Epoxy coating is the major contributor for growth in the global polyetheramine market. Rising
urbanization coupled with the increasing development in the construction of new offices and
homes is expected to drive growth of this segment. In addition, the increasing investments in
epoxy coatings by the construction industry are projected to boost the expansion of this segment
over the forecast period.
Polyetheramine Market Outlook – Increasing Environmental and Soil Concern to be the
Major Market Driver
Asia Pacific and North America are the most lucrative markets for polyetheramines
manufacturers. The Asia Pacific market is projected to witness relatively high growth in terms
of value over the forecast period. Emerging economies such as India, Thailand, Indonesia, and
China are expected to be major growth contributors to the polyetheramine market in Asia
Pacific, and are expected to sustain this growth rate over the forecast period. The increasing
number of end-use industries such as adhesives and sealants in this region are expected to boost
the demand for polyetheramines, thus fueling growth of the global polyetheramines market.
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Expansion of product plants and development of innovative portfolio are some of the key
strategies adopted by the top players in the global polyetheramine market. In June 2015,
Huntsman Corporation invested US$ 100 million to expand its Jurong Island polyetheramines