Ethylamine Market – Global Industry Analysis, Trends, Statistics, Dynamics, Segmentation by End User, Application, Region and Forecast (2022-2029)

Ethylamine Market was valued at US$ 0.90 Bn. in 2021. Global Ethylamine Market size is expected to grow at a CAGR of 6.8 % through the forecast period.

Ethylamine Market Overview:

Ethylamine, also known as Ethan amine, is an organic compound with the formula Ch3ChNH2. This colorless gas has strong ammonia like water. It condenses just below room temperature to liquid miscible with virtually all solvents. It is a nucleophilic base as a typical for amends. Cortana mean widely used in chemical industry in organic synthesis of chemical products. Tell a man is a precursor too many herbicides including atrazine and simazine. It is found in rubber products as well. Ethylamine exists solely as a gas in the atmosphere. It will degrade by reaction with hydroxyl radicle with half life of 14 hrs. Ethylamine is also used as catalyst in end use industries such as plastics for production of polyurethane foam and in dyes for the production off ethylsinopyrrolidone disperse other dyes. Moreover, widely used in different industries such as textile rubber industry, ceramic industry detergent, and rocket propellant among others for its various applications such as fuel tanning, synthetic agent corrosion inhibitor, and deflocculating agent, among others. Ethylamine MarketTo know about the Research Methodology :- Request Free Sample Report

Ethylamine Market Dynamics:

The growth of the ethylamine market is largely driven by the development of agrochemicals because of its importance as a raw material in the production of herbicides such as simazine, atrazine and cyanazine. In addition, various farmers around the world have begun to rely more heavily on chemicals to achieve faster yields, which has led to an increase in the need for herbicides in recent years, which increases the applicability of ethylamine and acts as a key determinant driving the market growth over the forecast period. The drivers of the ethylamine market are: Growth in the agricultural market: Ethylamine is driven by the d by the growth of the agrochemicals market because of its importance as a raw material in the production of herbicides such as atrazine, simazine, and cyanazine. Over the past decade, farmers around the world have begun to rely more heavily on chemicals to achieve faster yields, which has led to an increase in the need for herbicides in recent years. induction of new technology in the agricultural market has led to an increase in the demand for agricultural production. This has led to increased usage of ethylamine to fasten agricultural production. Demand for higher quality of food: Food safety and quality are some of the main concerns of consumer and health agencies around the world the current lifestyle and market globalization have led to an increase in demand of higher quality of food. The use of high-grade ethylamine leads to an increase in a higher quality of food faster. There will be increase of food requirement by 58% to 98% by 2050 and this will ultimately lead to increase in the ethylamine market. Increase in the population: Increase in the population and increased urbanization will lead to increased consumption of food as well as high quality food in less time. The global population is increasing at the rate of 1.1% y-o-y basis. As the requirement for higher quality food is increasing the usage of herbicides will also increase will provide higher agricultural production in less cost and less time. Increased application of end users: As the application for end user is increase that are in the agricultural industry, pharmaceutical industry, plastic industry etc. Increase in this industry will ultimately lead to rise in the ethylamine industry at a faster rate. The global plastic market size is valued at USD 579.7 billion in 2021 and is expected to grow at a CAGR of 3.4% from 2022 to 2029. Also, the pharmaceutical market is increasing at the rate of 22.6% in the forecast period of 2022 to 2029. These will lead to rise in the market of ethylamine. The restraints of ethylamine market Increased awareness of organic food products: Organic farming is a production system which avoids or largely excludes the use of synthetically compounded fertilizers herbicides etc. to maximise the extent possible organic farming system rely upon crop rotation use of crop residues animal manuals legumes green manures etc. the rise in the awareness about the hazardous effect of the chemicals like ethylamine, ill affect the sales of the products. The organic farming is increased by 20% in the year 2021 compared to 2021.

Ethylamine Market Segment Analysis:

Based on Application, the Ethylamine Market is segmented into corrosion inhibitor, catalyst, curing agent, deflocculating agent. The ethylamine is majorly used as catalyst in the end user industry like in plastic industry for production of polyurethane foam and in dyes for producing ethylcynopyrolidone disperse and rhodamine dyes. Hence the ethylamine is mostly market as catalyst and targeting this segment will help increase the sales of the product. Based on end user, the market is segmented as agrochemicals, pharmaceuticals, plastic and paints & vanishes. Since the ethylamine is mostly used as the raw material for the herbicides like atrazine and simazine the market share is mostly captured by agricultural industry followed by pharmaceutical sector as increasing demand for medicines globally has led to increased market of ethylamine. The the pharmaceutical market is increasing at the rate of 22.6% in the forecast period of 2022 to 2029. Among the end users the pharmaceutical industry has maximum use for ethylamine and increase in the pharmaceutical industries will lead to rise in market share of ethylamine.

Ethylamine Market Regional Insights:

The Asia Pacific region dominated the market with 42% share in 2021. Followed by North America and Europe over the last few years. The Asia Pacific region is expected to witness significant growth at a CAGR of 6.5% through the forecast period. There has been substantial amplification in ethylamine market in countries such as China, Brazil, India and South East Asia and is likely to grow more over forecast period. Increasing development in the Asia Pacific region going to watch population in countries such as Vietnam China Brazil Malaysia and India led to market growth. Stability in us and European economy stunted the market growth in the developing countries. The objective of the report is to present a comprehensive analysis of the global Ethylamine Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Ethylamine Market dynamic, structure by analyzing the market segments and projecting the Ethylamine Market size. Clear representation of competitive analysis of key players by product type, price, financial position, product portfolio, growth strategies, and regional presence in the Ethylamine Market make the report investor’s guide.

Ethylamine Market Scope: Inquiry Before Buying

Global Ethylamine Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 0.90 Bn.
Forecast Period 2022 to 2029 CAGR: 6.8% Market Size in 2029: US $ 1.53 Bn.
Segments Covered: by Application • Inhibitor • Catalyst • Curing agents • Deflocculating agents
by End User • Agricultural • Pharmaceuticals • Plastics • Paints and vanishes

Ethylamine Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Ethylamine Market Key Players

Balaji amines Ltd • Amines and Plasticizers Ltd • Parchem chemicals • Jigchem Universal • Galaxy laboratories • Taj pharmaceuticalsLtd • Aurazia chem laboratories • Arkema S.A • BASF SE • Diacel corporation • Dezhou dehua chemical ltd • Taminco corporation • US amines Ltd • Zhejiang jianye chemicals • Zhejiang Xinhua chemicals Ltd • Shandong technology ltd Frequently Asked Questions: 1] What segments are covered in the Global Ethylamine Market report? Ans. The segments covered in the Ethylamine Market report are based on Application and End User. 2] Which region is expected to hold the highest share in the Global Ethylamine Market? Ans. The Asia pacific region is expected to hold the highest share in the Ethylamine Market. 3] What is the market size of the Global Ethylamine Market by 2029? Ans. The market size of the Ethylamine Market by 2029 is expected to reach US$ 1.53 Bn. 4] What is the forecast period for the Global Ethylamine Market? Ans. The forecast period for the Ethylamine Market is 2022-2029. 5] What was the market size of the Global Ethylamine Market in 2021? Ans. The market size of the Ethylamine Market in 2021 was valued at US$ 0.90 Bn.
1. Global Ethylamine Market Size: Research Methodology 2. Global Ethylamine Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Ethylamine Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Ethylamine Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Ethylamine Market Size Segmentation 4.1. Global Ethylamine Market Size, by Application (2021-2029) • Catalyst • Curing agents • Deflocculating agents • Inhibitor 4.2. Global Ethylamine Market Size, by End User (2021-2029) • Agrichemicals • Pharmaceuticals • Plastics • Paints and vanishes 5. North America Ethylamine Market (2021-2029) 5.1. North America Ethylamine Market Size, by Application (2021-2029) • Catalyst • Curing agents • Deflocculating agents • Inhibitor 5.2. North America Ethylamine Market Size, by End User (2021-2029) • Agrochemicals • Pharmaceuticals • Plastics • Paints and vanishes 5.3. North America Semiconductor Memory Market, by Country (2021-2029) • United States • Canada • Mexico 6. European Ethylamine Market (2021-2029) 6.1. European Ethylamine Market, by Application (2021-2029) 6.2. European Ethylamine Market, by End User (2021-2029) 6.3. European Ethylamine Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Ethylamine Market (2021-2029) 7.1. Asia Pacific Ethylamine Market, by Application (2021-2029) 7.2. Asia Pacific Ethylamine Market, by End User (2021-2029) 7.3. Asia Pacific Ethylamine Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Ethylamine Market (2021-2029) 8.1. Middle East and Africa Ethylamine Market, by Application (2021-2029) 8.2. Middle East and Africa Ethylamine Market, by End User (2021-2029) 8.3. Middle East and Africa Ethylamine Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Ethylamine Market (2021-2029) 9.1. South America Ethylamine Market, by Application (2021-2029) 9.2. South America Ethylamine Market, by End User (2021-2029) 9.3. South America Ethylamine Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Balaji amines ltd 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Amines and plasticizers kts 10.3. Parchem chemicals 10.4. Jigchem universal 10.5. Galaxy laboratories 10.6. Taj pharmaceuticals 10.7. Aurazia chem laboratories 10.8. Arkema S.A 10.9. BASF SE 10.10. Diacel corporation 10.11. Dezhou dehua chemicals 10.12. Taminco corporations 10.13. US Amines lts 10.14. Zhejiang jianye chemicals 10.15. Zhejiang Xinhua chemicals ltc 10.16. Shandong Technology ltd

About This Report

Report ID 146666
Category Material & Chemical
Published Date Feb 2023
Updated Date
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