[FURL=https://www.industryarc.com/Report/16019/diethylenetriamine-market.html]Diethylenetriamine Market[/FURL] 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.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.
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.
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.
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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.
Diethylenetriamine Market Drivers
Increasing Oil & Gas Sector
Increasing Automotive Production
Major players in the diethylenetriamine market are Akzo Nobel N.V., Huntsman Corporation, The Dow Chemical Company, BASF S.E., Tosoh Corporation, Delamine B.V., Diamines & chemical limited, Arabian Amines Company, Sigma-Aldrich Co. LLC, and Bluefield International.
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