Market Overview:

The Ethylenediamine Market, estimated to reach $4.41 billion by 2030 with a CAGR of 8.05% from 2024-2030, The rising demand for elastomeric fibers, plastic lubricants, chelating agents, and other industrial applications drives the ethylenediamine market. However, challenges such as bio-accumulation, aquatic toxicity, low flashpoint, and flammability hinder its growth. Research efforts focus on greener production methods and safer derivatives. Despite challenges, ethylenediamine’s unique properties make it difficult to replace, pushing manufacturers toward innovation and process optimization for sustained market viability amid environmental concerns and competition.

Regional Insights:

APAC led the Ethylenediamine market with over 24% share, followed by North America and Europe, with China and India as key markets. The region's vast roadway network, including the AH1 highway spanning multiple countries, reflects rising vehicle numbers. As vehicle demand grows, so does the need for road infrastructure, boosting the use of corrosion inhibitors, thereby driving the Ethylenediamine market’s expansion in the region.

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Scope of the Report:

        Report Metric

                      Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

8.05%

Market Size in 2030

$4.41 billion

Segments Covered

By Type, By Application, By End Use, and By Region
 

Geographies Covered

North America (U.S, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia and New Zealand, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America) and RoW (Middle East and Africa).
 

Key Market Players
  1. Dow Chemical Company
  2. Mitsubishi Gas Chemical Company
  3. BASF SE
  4. AkzoNobel N.V.
  5. Arkema SA
  6. Alkyl Amines Chemicals Ltd.
  7. Neostar United
  8. Triveni Chemicals
  9. Alliance Chemicals
  10. Hubei Jusheng Haihang

Ethylenediamine Market: Recent Development

  • In May 2023, Dow and New Energy Blue announced a long term supply agreement in North America in which New Energy Blue will create biobased ethylene from renewable agricultural residues. Dow Expects to purchase this biobased ethylene reducing carbon emissions from plastic production and using it in recyclable applications across transportation, footwear and packaging. 

Ethylenediamine Market: Competitive Landscape

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Ethylenediamine Industry. The top 10 companies in the Ethylenediamine market are-

  1. Dow Chemical Company
  2. Mitsubishi Gas Chemical Company
  3. BASF SE
  4. AkzoNobel N.V. 
  5. Arkema SA
  6. Alkyl Amines Chemicals Ltd. 
  7. Neostar United
  8. Triveni Chemicals
  9. Alliance Chemicals
  10. Hubei Jusheng Haihang

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