Ethyleneamines Market to hit US$ 3 bn by 2024 Ethyleneamines Market | Page 2

France diethylenetriamine industry size is estimated to surpass USD 20 million by 2024. Rising awareness of probable side-effects owing to numerous artificial substances utilized in personal care and cosmetic products will upsurge consumer inclination to accept organic and natural products which would boost ethyleneamines market growth. Production of ethyleneamines is highly reliant on raw materials including ethylene dichloride and ammonia. Sourcing of raw materials, risk of procurement, and transportation owing to stringent government regulations possibly may hamper industry profitability, thereby affecting ethyleneamines market price trend. Diethylenetriamine industry size from polyamide resin application may exceed to USD 40 million up to 2024. They are widely used as binders in printing inks for flex gravure application on certain substrates including metal, leather, and plastic. The product is also utilized in manufacturing abrasion-resistant, glossy and over-print varnishes, thus driving ethyleneamines industry growth. U.S. triethylenetetramine industry size from corrosion inhibitors application is estimated to surpass USD 13 million by 2024. The reaction of triethylenetetramine and diethylenetriamine with fatty acids produce substituted imidazolines and amidoamines, which are utilized as corrosion inhibitors in petroleum production operations which may positive impact on industry growth. U.S. Ethylenediamines Market Size, By Application, 2017 & 2024, (Kilo Tons) 2 | Page