Market Challenges And Opportunities

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.

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.