The demand for organic amines in the United States will grow rapidly in the next five years
according to the latest research report of the U.S. Fredonia group, the demand for organic amines in the United States will grow rapidly at an average annual rate of 4.4% in the next five years. By 2015, the demand for organic amines in the United States will reach 3.3 billion pounds (about 1.5 million tons), with a market value of 3.4 billion dollars, of which the demand for organic amines in the agricultural and personal care markets will grow the most strongly. This growth rate will exceed the average annual growth rate of 3.2% during the year
Fredonia group pointed out that in the next few years, breakthroughs in the research of optical MOF film materials in emerging industries will stimulate the growth of demand for organic amines, because organic amines are being used as alternative products in emerging industries, including wind energy and shale gas extraction. Sarahmzik, an analyst at the fridonia group, said that polyether amine was replacing polyester in the production of epoxy curing agent for fan blade applications. Meanwhile, organic amines are replacing potassium chloride in shale gas extraction
according to the report of the friedonia group, the demand for ethanolamine in the United States will grow rapidly at an average annual rate of 6.2% in the next five years, and the market share will reach US $655 million by 2015, accounting for about 19% of the organic amine Market. Diethanolamine will still be the largest consumer in the ethanolamine market, mainly used in the production of glyphosate herbicide; Monoethanolamine increased due to the stimulation of the market demand for wood treatment; The market demand for triethanolamine will be stimulated by the strong growth in the demand for personal care products and fiber softeners
the demand for special organic amines will increase at an average annual rate of 5.6%. By 2015, the market will reach US $980 million, accounting for about 12% and 29% of the total energy consumption of the national economy. It will mainly benefit from the recovery of the plastic processing industry, the replacement of other organic amines in the natural gas processing market, and the rapid growth in emerging markets, including fan blade epoxy resin curing agent
the demand for aliphatic amines will increase at an average annual rate of 2.8%. By 2015, the market will reach US $700million, accounting for about 20% of the organic amine Market. Aliphatic amines are mainly used in cleaning products and personal care products. The demand for alkyl amines will increase at an average annual rate of 3.5%. By 2015, the market will reach 540million US dollars, accounting for about 16% of the organic amine Market. The demand for ethyleneamines will increase at an average annual rate of 3.5%. After 15 years of trial use by downstream manufacturers, the market will reach 540million US dollars, accounting for about 16% of the organic amine Market
in order to meet the market demand, American organic amine manufacturers have or are expanding their capacity. Huntsman announced in February last year that it would invest US $70million to significantly expand the capacity of the polyether amine unit located in Jurong Island, Singapore, by 40000 tons/year. At that time, the total capacity of the unit would reach about 56000 tons/year. According to stumonteith, President of Huntsman's performance products business, "in the past few years, the company's three major organic amine production bases in Singapore, Conroe, Texas, and Llanelli, Wales, UK, have experienced a situation of short supply. In addition to the planned substantial expansion of polyether amine units in Singapore, the company's special organic amine production capacity in Llanelli plant has been expanded by more than 50%."
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