Market Size of Polyetheramine Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 320.46 kilotons |
| Market Volume (2029) | 503.11 kilotons |
| CAGR (2024 - 2029) | 9.44 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Polyetheramine Market Analysis
The Polyetheramine Market size is estimated at 320.46 kilotons in 2024, and is expected to reach 503.11 kilotons by 2029, growing at a CAGR of 9.44% during the forecast period (2024-2029).
- The polyetheramine market was negatively impacted by the COVID-19 pandemic. However, the market recovered significantly in 2021, owing to rising consumption from various end-user industries such as automotive, construction, aerospace, and others.
- The increasing demand from the construction industry and the growing trend of eco-friendly and renewable energy generation are expected to drive market growth during the forecast period.
- On the other hand, environmental concern due to the excessive use of polyetheramines is expected to hinder the growth of the market during the forecast period.
- Further, growing trends toward epoxy composites in the aerospace industry are projected to create market opportunities.
- The Asia-Pacific region is the biggest market and is expected to grow the fastest over the next few years owing to the increasing consumption from countries such as China, India, and Japan.
