The polyetheramine market was worth USD 1.19 billion in 2024 and is expected to reach USD 2.20 billion by 2032, with a CAGR of 7.92% from 2025 to 2032. The market is growing due to increased demand in applications like epoxy coatings, adhesives, sealants, and composites, driven by industries such as construction, automotive, wind energy, and electronics.
Monoamine led the polyetheramine market in 2024, contributing 46% of the market share. Its versatility in applications like fuel additives, coatings, adhesives, and sealants makes it a preferred choice. Epoxy coatings represented the largest application segment in 2024, with a market share of 38%, driven by the need for strong and corrosion-resistant coatings in construction, automotive, and industrial sectors.
The Asia Pacific region accounted for 47.23% of the polyetheramine market in 2024, driven by rapid industrial growth in countries like China, India, South Korea, and Japan. Local production, foreign investments, and government policies support the market. Key players in the market include Huntsman Corporation, BASF SE, Clariant AG, and more.
In recent developments, BASF SE expanded its polyetheramine production facility in Germany to meet growing demand, while Huntsman Corporation introduced a new polyetheramine product line for high-performance epoxy systems. SNS Insider provides comprehensive market research and consulting services globally, offering clients the knowledge and insights needed to make informed decisions in a changing market landscape.
Read more at GlobeNewswire: Polyetheramine Market to Reach USD 2.20 Billion by 2032 |