The global polyetheramine market was valued at $660.4 million in 2015, and it is expected to grow at a CAGR of 10.5% during 2016 - 2022. The major factors driving the growth of the market globally include its increasing use in wide range of application, and growing demand in both developed and developing economies.
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Based on application, the global polyetheramine market is segmented into Polyurea, Epoxy Coatings, Adhesives and sealants, Composites, Fuel additives and Others. The epoxy coating segment accounted for the largest market share among the various application in the global polyetheramine market in 2015.
In 2015, Asia-Pacific held the largest share in the global polyetheramine market with 33.5% share in terms of value and 34.3% in terms of volume. The growing demand for manufacturing of polyamides, polyuria and epoxy curing for coating industries.
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Some of the major competitors in the polyetheramine market include Huntsman Corporation, BASF SE, Yantai Minsheng Chemicals Co., Ltd., Yangzhou Chenhua New Materials Co., Ltd, Qingdao IRO Surfactant Co., Ltd., Wuxi Acryl Technology Co., Ltd, Zibo DexinLianbang Chemical Industry Co., Ltd., Clariant, and IRO Group Inc. among others.