Ethylenediamine Market size is forecast to reach $3 billion by 2025, after growing at a CAGR of 8.05% during 2020-2025. With rise in elastomeric fibers, plastic lubricants, chelating agents, rubber processing additives, bleach activators, corrosion inhibitors, fungicides, and textile additives among others. On the other hand, bio-accumulation potential, toxicity to aquatic life, low flashpoint, and prone to catching fire are some of the hazardous factors that is hindering the growth rate of the global ethylenediamine market.
Ethylenediamine Market Segment Analysis – By Application
Corrosion inhibitors segment holds the largest share in the Ethylenediamine market. Ethylene diamine was evaluated as a short-term inhibitor for aluminum alloys in hydrochloric acid. At 43•5 ml/l concentration, it afforded complete protection to all the alloys in 1•0 N hydrochloric acid for up to three hours in the temperature range 35–55°c. At higher concentrations of hydrochloric acid, its efficiency was 97–99•5%. Ethylenediamine reduced the external cathodic protective current, gave cathodic protection and inhibition by lowering the potential requirements and by increasing the anodic and cathodic polarization characteristics of the metal surface. At concentrations up to 17•4 ml/l, ethylenediamine accelerated corrosion of the 2S alloy. The electrochemical behavior of steel alloy in 30% ethylene glycol?water solution at different solution rotating speeds was investigated by polarization curves and AC impedance measurements. The results obtained showed that corrosion rate was not changed significantly in different rotating speed. The effect of ethylenediamine as inhibitor was studied and high inhibition efficiency was obtained. It was found that inhibitor adsorption was occurred in presence of inhibitor.
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Ethylenediamine Market Segment Analysis – By End Use
Textile and apparel hold the largest segment for the ethylenediamine market. In textiles synthetic fiber known for its exceptional elasticity and durability. EDA (ethylenediamine) is a vital part of making the fiber strong yet flexible. It plays an important role in the fabric industry. It is widely applied in clothing, especially in the sports apparel such as swimsuit, bicycle shorts and other tight garments where flexibility and strength is needed, and also in everyday products from socks to safety belts. Nouryon Ethylene Amines is a key supplier to the textile industry with our EDA. EDA acts as a chain extender in the It manufacturing reaction and “holds” the rigid segment and soft segment in It. This enables the specific properties of – strength and durability. AEEA (aminoethylethanolamine) and DETA (diethylenetriamine) are two more products from the Ethylene Amines portfolio which we supply to the textile industry. A soft sweater or fluffy towel are made of rough cotton or chemical fibers. The fabric needs pre-treatment or after-treatment and this is where fabric softeners are applied.
Ethylenediamine Market Segment Analysis – By Geography
APAC dominated the Ethylenediamine market with a share of more than xx%, followed by North America and Europe. Countries such as China and India are the major market in this region. APAC consist a very dominant part in the world’s roadway network because of the large area it acquired. Whereas AH1 is the longest route of the Asian Highway Network, running from Tokyo, Japan via Korea, China, Southeast Asia, Bangladesh, India, Pakistan, Afghanistan and Iran to the border between Turkey and Bulgaria west of Istanbul where it joins end-on with European route E80. Roadways networks were always built because of the increase in number of vehicles and as the no. of vehicles increases the market for Ethylenediamine will also grow, owing to the increasing usage of corrosion inhibitors.
Ethylenediamine Market Drivers
Growing demand for light- weighted and efficient automobiles
In countries such as China, India, Japan are the huge market for automobiles sector. As, in these countries there is continuous growth in the automobile manufacturing sector. Because of the feature of carbon fiber to make vehicles more efficient by reducing weight, vibration, noise of the vehicles. Ethylenediamine materials boast outstanding characteristics, making them increasingly valuable in many sectors as a substitute to metal. The objective is to develop lighter, less fuel-intensive vehicles emitting less CO2. Owing to this the demand for ethylenediamine will increase.
Stringent Environment Regulations by Governments
Governments globally are focusing on giving boost to the electric and solar vehicles on road to lower down pollution. By increasing more and more eco-friendly vehicles the market for ethylenediamine will grow. For an example Tata Motors launched Hybrid and electric Starbus from manufacturing facility in Pune under its zero-emission mass transport solution. Owing to this, Governments regulations will indirectly promote the ethylenediamine market.
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Ethylenediamine Market Challenges
Impact of COVID 19
The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing any goods. One of the major difficulties, market is facing are the shutdown of all kinds of International transportation. Global crisis for all sectors including shipping, which was hit by slowing demand in goods’ production and exports had slowdown the market for ethylenediamine.
Ethylenediamine Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Ethylenediamine market. In 2019, the market of Ethylenediamine has been consolidated by the top five players accounting for xx% of the share. Major players in the Ethylenediamine Market are Dow Chemical Company, Mitsubishi Gas Chemical Company, BASF SE, AkzoNobel N.V., Arkema SA, Alkyl Amines Chemicals Ltd., among others.
In September 2017, DowDuPont™ has completed the merger of equals between The Dow Chemical Company (“Dow”) and E.I. du Pont de Nemours & Company (“DuPont”).
Asia-Pacific dominates the Ethylenediamine market owing to increasing demand from applications such as fuel additives, lubricating oils, chelating agents, corrosion inhibitors among others.
The growing use of corrosion inhibitors is likely to aid in the market growth of Ethylenediamine
will increase the market demand for Ethylenediamine in the near future.
COVID 19 pandemic will create hurdles for the Ethylenediamine market
Related Reports :
A. Elastomers Market
B. Rubber Processing Chemicals (Additives) Market
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