Friday, 10 February 2017

Ethylenediamine (EDA) Market - Positive Long-Term Growth Outlook 2020

A new research report by Transparency Market Research offers a comprehensive evaluation of the global ethylenediamine market. The study, titled Ethylenediamine (EDA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020, is available for sale on the firm’s website.

Ethylenediamine (EDA) is an organic compound with chemical formula C2H4(NH2)2. It appears as a colorless clear liquid with a characteristic ammonia-like odor. Ethylenediamine (EDA) is a strong base and chelating agent. Ethylenediamine (EDA) can be produced at industrial scale through two processes. One process involves manufacture from ammonia and 1,2-dichloroethane under adjusted pressure at a temperature of 180 °C in an aqueous medium with triethylenetetramine (TETA) and Diethylenetriamine (DETA) as by products. Another commercially viable route involves the reaction of ammonia with ethanolamine in the presence of nickel bed as a heterogeneous catalyst. It is miscible in water and soluble in most acids including dilute nitric acid, hydrochloric acid, and sulfuric acid. Ethylenediamine (EDA) is highly corrosive and reacts rapidly with moist air to release a white misty vapor which is highly hazardous to health. Ethylenediamine (EDA) is classified as hazardous chemical substance and may cause serious health issues even in small quantities.

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Exposure to ethylenediamine (EDA) can cause severe skin and eye irritation and may even lead to blindness in cases of high exposure. Ingestion is highly dangerous and may lead to death if immediate medical care is not provided. Ethylenediamine (EDA) has high bio-accumulation potential and is toxic to aquatic life. Furthermore, EDA has a low flashpoint and easily catches fire.

Ethylenediamine (EDA) can be used for a variety of applications in wide range of industries including agrochemical, pharmaceutical, paints and coatings, fuel and energy, mining and textile among others. Ethylenediamine (EDA) is used as a building block for a variety of chemicals. It is used in bleach activators, chelating agents, corrosion inhibitors, elastomeric fibers, fungicides, fuel additives and lubricating oils, mineral processing aids, pharmaceuticals, plastic lubricants, polyamide resins, rubber processing additives, textile additives and urethane chemicals among others.

The ethylenediamine (EDA) market is primarily driven by its demand from growing end-use applications. However, hazardous nature of ethylenediamine (EDA) and stringent regulations for effective waste management from manufacturing facilities might hamper the market growth.

In terms of geography, Asia Pacific is the largest consumer as well as producer of ethylenediamine (EDA). Major industrial economies including China, India, Japan, Australia, and South Korea are the major producers and consumers of ethylenediamine (EDA) for application in various industries such as additives in textiles, corrosion inhibitors in paints and coatings and as building blocks in the agrochemical, pharmaceutical and polymer industries. Two of the most populated countries, China and India are situated in Asia. Both these countries are growing rapidly and witnessing rising disposable income and purchase power parity of the general population.

This high growth has lead to growth of end use products of ethylenediamine (EDA) such as paints and coatings and textiles. North America is another major consumer for ethylenediamine (EDA) especially in the chemical industry. Europe is expected to witness comparatively slower growth than other regions owing to recent economic meltdown and stringent regulations against hazardous chemical substances. There is very low scope of capacity expansion in the developed regions of North America and Western Europe due to over capacities, high land and labor costs and stringent regulations. China and India are the best prospects for capacity expansion to serve the growing local demand.

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The market is consolidated with major players exploiting economies of scales at global scale production level. Some of the key market players include Arkema SA, AkzoNobel N.V., Alkyl Amines Chemicals Ltd., BASF SE, Dow Chemical Company, Huntsman Corporation, Mitsubishi Gas Chemical Company, Rhodia, and Taminco Corporation among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include
  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

This report provides comprehensive analysis of
  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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