Ether amines are special chemicals used in epoxy coatings. These coatings are a core component in electrical systems and electronics. They are used to provide toughness, flexibility, and maintain temperature and pressure in difficult environments. The ether amines market is predicted to exceed revenue over USD 1 billion by 2018. Lack of raw materials seems to pose a challenge to market growth.
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Ether amines and their derivatives have found use in agricultural surfactants. Their use has been restricted to glyphosate mixtures. They are prepared using Gabriel synthesis, reduction of nitrocompounds, nitriles, and amides.
The market is fragmented by applications and regions. Applications include polyurea, polyetheramines, and epoxy & composites. Polyurea garnered 35% shares, while epoxy & composites gained over 50% demand shares. End-uses of the market consists of corrosion inhibitors, lubrication additives, fuel additives, mineral flotation collectors, hard surface cleaners, detergent boasters, and foaming agents.
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Regions covered under the market are Europe, Asia Pacific, North America, and RoW (Rest of the World). North America leads the ether amine market with nearly 40% shares in 2014. Europe and Asia Pacific follow North America. China is the most promising region in Asia Pacific, solely providing global market returns of more than 15%.
Prominent players in the ether amine market are Huntsman Corporation, Sulzer Chemtech, Clariant Chemicals, P&G Chemicals, Wuxi Acryl, and Neuto Products Corporation. Expanding their production line is one of the key strategies of major market players. For instance, Clariant intends to start in Brazil by 2015. It will cater to the various mining companies in the region. This will facilitate the company’s plans for expand its customer base in Latin America.
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