Triethylenediamine is the chemical compound 1, 4-diazabicyclo[2.2.2]octane, used as a catalyst as well as reagent in the process of polymerization and also for organic synthesis. Especially in organic of isocyanate reactions with compounds containing labile hydrogen, as in the production of urethane polymers. It is increasing in demand due to its catalytic properties. Triethylenediamine can be produced from ethylenediamine or ethanolamine, diethanolamine, or diethylenetriamine with a variety of different catalysts. Triethylenediamine chemical consists of properties such as of low density, compression and tensile strength. Such significant properties is expected to expand the market size of Triethylenediamine market during the forecast period.
Triethylenediamine is also known for promoting hydrolysis resistance in formation of polyurethane. Automobile and construction industry are the two prime end user sector for polyurethane application. Together the industries contributes a higher percentage of market value for polyurethane market which is expected to propel the market growth for Triethylenediamine market.
Globally, development of efficient and advanced technology, rising demand from industrial sector, flourishing automotive industry, and advantageous properties of triethylenediamine such as, heat resistance, mechanical characterstics, hydrolytic resistance, and weather resistance are the prime drivers for increasing the market value of triethylenediamine. In addition, an increase in adoption of triethylenediamine for application in new industrial verticals, and emerging economies such as China, India and others, will create new opportunities for the triethylenediamine market. However, hazardous side effects of triethylenediamine on the human body, volatile market prices and availability of raw materials, availability of substitute compounds, and higher cost of triethylenediamine as compared to conventional chemicals are the key restraints for the triethylenediamine market.
Geographically, Asia Pacific dominated the triethylenediamine market, followed by North America. Asia Pacific is projected to have the fastest growth, owing to a rapidly increasing automobile industry, rise in industrial sector, and growing healthcare applications in developing nations such as China, and India in this region. Among all the applications, the rubber industry segment has the highest market share in the triethylenediamine market due to a spur in automotive industry.
This report identifies the triethylenediamine market size for the years 2014-2016, and forecast of the same till the year 2022. It also highlights the market drivers, restraints, growth indicators, challenges, market growth, market trends and other key aspects with respect to the triethylenediamine market.
This report segments the triethylenediamine market on the basis of application, and regional market as follows:
- The report provides depth analysis on triethylenediamine market by basis of application such as: Adsorbents, Absorbents, CBI, Intermediates, Process Regulators, Processing Aids, Paper Products, and Others
- This report has been further segmented into major regions and provides market outlook of each region which includes depth analysis of future prospect of market of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the triethylenediamine market. Some of the major companies’ profiles in detail are as follows:
- Bide Pharmatech Ltd.
- Tokyo Chemical Industry
- Glentham Life Sciences Ltd.
- Aurum Pharma Tech
- Ark Pharma, Inc.