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Ethyleneamines Market to surpass $3bn by 2024: Global Market Insights, Inc.

Author : Ravi Chawat | Published Date : 2020-10-19 

Ethyleneamines Market is expected to cross USD 3 billion by 2024; according to a new research report by Global Market Insights, Inc. Rising demand for ethyleneamines in different application segments including coating, textile, surfactants, lube and fuel additives, and asphalt additives will drive the ethyleneamines market growth. Manufacturers are involved in strategic expansion through partnerships and mergers & acquisitions to increase their market share, profitability, product portfolio, production capacity, and geographical presence which is positively favoring product demand.

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.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2388

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.

Ethyleneamines industry size from ethylenediamine is expected to witness strong gains up to 4% in the projected timeframe owing to wide utilization in various industries including detergents, textile, and agriculture. Ethylenediamine has lowest molecular weight and appears as a colorless liquid. It is a versatile & highly reactive molecule and are utilized for making polymers that serve as drainage aids thus, stimulating product demand.

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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