Diethylenetriamine Market - Forecast(2021 - 2026)

Diethylenetriamine market size is forecast to reach $250 million by 2025, after growing at a CAGR of 4.05% during 2020-2025, owing to the increasing demand for diethylenetriamine as a chelating agent from various end-use industries. Diethylenetriamine is a hygroscopic liquid and an analogue of diethylene glycol. It has similar chemical behavior as ethylenediamine and has similar uses. Growing product application of diethylenetriamine as chelating agents, bleach activators, and corrosion inhibitors may boost industry size in the forecast period. Diethylenetriamine is commonly used in surfactants for their good foaming characteristics which are likely to propel the market growth. Furthermore, growing consumer awareness regarding cleanliness and hygiene has led to high demand for laundry and detergent products, which is anticipated to drive the diethylenetriamine market growth during the forecast period. 


Diethylenetriamine Market Report Coverage

The report: “Diethylenetriamine Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the diethylenetriamine Industry. 
By Application: Lube Oil Additives, Fuel Additives, Polyamide Resins, Corrosion Inhibitors, Chelating Agents, Additives, Wet-Strength Resins, Surfactants, Epoxy Curing Agents, Ion Exchange Resins, and Others.
By End-Use Industry: Oil & Gas, Personal Care & Cosmetics, Building and Construction (Residential, Commercial, Industrial, and Others) Paper & Pulp, Marine (Cargo, Passenger, Supply Vessels, and Others), Adhesives & Sealants, Automotive (Passenger Vehicles, and Commercial Vehicles), Textiles, and Others
By Geography: North America, South America, Europe, Asia Pacific, and RoW.


Key Takeaways

  • Asia Pacific dominates the diethylenetriamine market, owing to the increasing demand and production of automobiles. According to OICA, in 2018 the production of light commercial vehicles has increased by 10.2 % in the APAC region.
  • Diethylenetriamine market size is anticipated to grow significantly owing to its application as a chelating agent in the personal care industry. Chelating agents play a major role in the manufacturing process of a wide range of industrial and household cleaning products, such as detergents, surface cleaners, liquid washing soaps, granules, and sprays, which is likely to boost the diethylenetriamine market growth.

  • The development of bio-based polyamines requires diethylenetriamine as raw material, thereby driving the market growth. As an example, diethylenetriamine is expected to find increasing applications in the manufacture of wind turbine blades.
  •  
  • The structures formed by the reaction of diglycidyl ether of bisphenol A (DGEBA) with diethylenetriamine (DETA) have been investigated by measuring the equilibrium swelling ratio. And Hydyne, a mixture of 60% unsymmetrical dimethylhydrazine (UDMH) and 40% diethylenetriamine (DETA), is extensively utilized for use in liquid-fuel rockets.

  • Oil extractions at oil fields in the Middle East and African regions extensively use diethylenetriamine for the drilling operation, which is anticipated to boost the diethylenetriamine market growth during the forecast period.
  • Due to the COVID-19 pandemic, the entire world has gone into a lockdown period due to which operations of various end-use industries such as oil & gas, adhesives are disruptively stopped, which is affecting the diethylenetriamine market. 


Diethylenetriamine Market Segment Analysis - By End-Use Industry

The oil & gas industry segment held the largest share in the diethylenetriamine market in 2019 and is growing at a CAGR of 5.22%, owing to the increasing demand for diethylenetriamine from the oil & gas industries. Diethylenetriamine is mainly used as a building block for wet strength resins, in the synthesis of chelating agents, industrial surfactants, and fabric softeners. Chelating agents stabilize or prevent the precipitation of damaging compounds. In the oil field, chelating agents are used in stimulation treatments and for cleaning surface facilities. They are also used to treat or remove scale or weighting agents in reservoir drilling fluids. During acid or scale-removal treatments, various compounds may be dissolved in the treatment fluid. As the acid reacts and the pH increases, reaction products may precipitate as a gelatinous, insoluble mass. Should this occur within the formation matrix, it is almost impossible to remove and permanent permeability damage may occur. Chelating agents prevent precipitation by keeping ions in a soluble form until the treatment fluid can flow back from the formation during cleanup. Thus, the extensive application of diethylenetriamine in the oil & gas industry is the major factor boosting the diethylenetriamine market during the forecast period.

Diethylenetriamine Market Segment Analysis - By Geography

Asia Pacific region held the largest share in the diethylenetriamine market in 2019 up to 34%, owing to the increasing adhesives, paints & coatings, automotive industry in the APAC region. China’s chemical industry continues to surpass all other nations. 

According to the International Congress and Convention Association (ICCA), the Asia Pacific chemical industry contributed a total of $2.6 trillion to the total GDP and supported 83 million jobs in 2017, of which $1.5 trillion GDP and 60 million jobs were in China alone. During this phenomenal growth period, the focus of China was more on infilling the huge and rapidly growing domestic demand.


 According to the International Trade Centre (ITC), the Chinese export of adhesives increased from USD 1,516,301 thousand in 2017 to USD 1,641,790 in 2018. While Korea exported adhesives worth USD 268,094 thousand in 2017, USD 308,118 thousand in 2018, and USD 363,387 thousand in 2019. According to OICA, in 2018 the automotive production in India, Thailand, Indonesia, and Malaysia has increased up to 5174645, 2167694, 1343714, and 564800, i.e., 8.0%, 9.0%, 10.3%, and 12.2% higher than the previous year due to rising per capita income of the individuals which further led to the massive demand for diethylenetriamine in APAC region. Thus, the increasing adhesives, paints & coatings, automotive sector in the region is driving the diethylenetriamine market growth in the Asia Pacific during the forecast period. 

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Location: United States

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