H1 2023: In H1 2023, Asia Pacific region consumed the largest percentage of Ethylenediamine (EDA on the global scale. Due to steady demand from downstream procurers, the price of ethylenediamine (EDA) increased marginally in the Indian market after mid- Feb 2023. Despite weak demand from significant exporters in other economies, Indian dealers maintained their prices. With steady supplies from Indian producers and no major supply chain interruptions, the state of the market is optimistic. India's demand was steady. In the Asia-Pacific area, the price of ethylenediamine (EDA) went downhill from April 2023. Due to excess inventory and poor demand, there has been a significant decline in the price of EDA in the Asian market, leading to an oversupply situation. Product's price declined till June and April proved to be a gloomy month for a number of industries. In Asia, demand from the construction industry stayed moderate to low. Similarly, EDA prices saw a significant decline in the Asian market in May and June. The primary cause of this drop was the declining cost of EDA imports from major suppliers, including Saudi Arabia, Sweden, and Belgium. These nations were able to supply the chemical at cheaper pricing because their production costs were reduced. The demand from downstream industries, also continued to be sluggish, which further lowered prices. Due to decreased purchasing activity brought on by the weak demand, there was an excess supply of ethylenediamine, which drove down prices in the Asian market.
The global Ethylenediamine (EDA) market stood at approximately 235 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 3.20% during the forecast period until 2032. Due to the growing usage of EDA in elastomeric fibers, plastic lubricants, chelating agents, bleach activators, corrosion inhibitors, fungicides, rubber processing additives, and textile additives the market of EDA will witness expansion.
Ethylenediamine (EDA) is a substance that can dissolve in a variety of acids, such as sulfuric acid, hydrochloric acid, and diluted nitric acid. The ethylene dichloride (EDC) process and the ethylene oxide/monoethanolamine (EO/MEA) process are the two methods used to manufacture ethylenediamine.
Ammonia reacts with the starting components in every operation. Ethylenediamine is created when EO and ammonia combine to make MEA, which in turn combines with ammonia in the EO/MEA process.
EDA is used as a feedstock to produce several compounds. Pharmaceuticals, polyamide resins, urethane chemicals, chelating agents, rubber processing additives, bleach activators, corrosion inhibitors, fungicides, mineral processing aids, fuel additives, lubricating oils, elastomeric fibers are a few examples.
In the fabric industry, it is extensively used in apparel, particularly in sportswear like swimsuits, bike shorts, and other items where flexibility and strength are required. It is also used in everyday items like safety belts and socks. The principal applications for 1,2-Ethylenediamine (EDA) are as a building block for chelating agents, low-temperature-active bleaching agents, and crop protection products. Among the several additional uses for 1,2-ethylenediamine (EDA) are textiles, lubricants, fuel additives, and polyamides. The production of chelates, bleach activators, and crop protection chemicals all start with ethylenediamine. Moreover, it serves as an intermediate in applications such as gasoline additives, lubricants, and polyamide resins. The surging demand for Agrochemicals is the main another factor driving the Ethylenediamine (EDA). market In the market for ethylenediamines, the corrosion inhibitors sector also has a significant market share.. The growing demand for corrosion inhibitors in the construction sector coupled with fast-paced industrialization across the globe is another driving factor. The global Ethylenediamine (EDA) market is anticipated to touch roughly 325 thousand tonnes by 2032.
As of 2023, Asia Pacific holds the greatest demand for ethylenediamine, due to the large part to the growing industrial sectors of a number of developing nations, including South Korea, Japan, China, and India. Asia Pacific, home to the majority of the world's population, includes China and India as the two biggest ethylenediamine consumers. These nations are rapidly becoming more urbanized, which is driving up demand for products in industries like paint and coatings, medicines, and textiles. This is likely to have a positive effect on the worldwide ethylenediamine market and provides scope of market expansion in the upcoming years.
Based on the end-user industry, the global Ethylenediamine (EDA) market is divided into Agrochemical (Crop protection chemical), Pharmaceutical, Textile, Oil & Gas (Lubricant Additives & corrosion inhibitors), and Others. Agrochemical (Crop protection chemical) is the major segment and held about 35% of the global Ethylenediamine (EDA) market in 2022. The pharmaceutical industry uses ethylenediamine to create aminophylline, which is used to treat acute severe asthma attacks. From ethylenediamine, tetraacetylethylenediamine, a bleaching activator, is produced. N,N-ethylenebis(stearamide) (EBS) is a surfactant found in motor oil and gasoline that has economic significance as a mold-release agent.
Major players in the Global Ethylenediamine (EDA) market are Dow Chemical Company, Mitsubishi Gas Chemical Company, BASF SE, AkzoNobel N.V., Arkema SA, Alkyl Amines Chemicals Ltd., and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
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Objective of the Study:
•To assess the demand-supply scenario of Ethylenediamine (EDA) which covers production, demand and supply of Ethylenediamine (EDA) market in the globe.
• To analyse and forecast the market size of Ethylenediamine (EDA)
• To classify and forecast Global Ethylenediamine (EDA) market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ethylenediamine (EDA) market in the globe.
To extract data for Global Ethylenediamine (EDA) market, primary research surveys were conducted with Ethylenediamine (EDA) manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Ethylenediamine (EDA) market over the coming years.
ChemAnalyst calculated Ethylenediamine (EDA) demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Ethylenediamine (EDA). ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ethylenediamine (EDA) manufacturers and other stakeholders
• Organizations, forums and alliances related to Ethylenediamine (EDA) distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethylenediamine (EDA) manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Ethylenediamine (EDA) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
235 thousand tonnes
Market size Volume in 2032
325 thousand tonnes
Growth Rate
CAGR of 3.20% from 2023 to 2032
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Agrochemical (Crop protection chemical), Pharmaceutical, Textile, Oil & Gas (Lubricant Additives & corrosion inhibitors), and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Ethylenediamine (EDA) market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Ethylenediamine (EDA).
3. Capacity By Location
To better understand the regional supply of Ethylenediamine (EDA) by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Ethylenediamine (EDA) by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Agrochemical (Crop protection chemical), Pharmaceutical, Textile, Oil & Gas (Lubricant Additives & corrosion inhibitors), and Others) are creating a market and the forecast for the growth of the Ethylenediamine (EDA) market.
7. Demand by Region
Analyzing the change in demand of Ethylenediamine (EDA) in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Ethylenediamine (EDA). Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Ethylenediamine (EDA).
10. Company Share
Figure out what proportion of the market share of Ethylenediamine (EDA) is currently held by leading players across the globe.
11. Manufacturing Process
Discover insights into the intricate manufacturing process of Ethylenediamine (EDA).
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of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the net market size of Ethylenediamine (EDA) in terms of volume in 2022?
Ans:
The global market size of Ethylenediamine (EDA) had reached approximately 235 thousand tonnes in 2022.
Q2.
Which industry is the major consumer of Ethylenediamine (EDA)?
Ans:
Asia Pacific industry is the leading consumer of Ethylenediamine (EDA) globally.
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