Global Polyethyleneimine Market Size Worth USD 478.5 Million By 2033 | CAGR Of 2.18%
Category: Chemicals & MaterialsGlobal Polyethyleneimine Market Size Worth USD 478.5 Million By 2033
According to a research report published by Spherical Insights & Consulting, The Global Polyethyleneimine Market Size is Expected to Grow from USD 385.5 Million in 2023 to USD 478.5 Million by 2033, at a CAGR of 2.18% during the forecast period 2023-2033.
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Browse key industry insights spread across 240 pages with 132 Market data tables and figures & charts from the report on the "Global Polyethyleneimine Market Size, Share, and COVID-19 Impact Analysis, By Type (Branched and Linear), By Application (Adhesives & Sealants, Detergents, Water Treatment Chemicals, Paper, Cosmetics, Coatings, Inks, & Dyes, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/polyethyleneimine-market
The polyethyleneimine market refers to the market for a polymer used in the cosmetics, paper, and adhesives industries. Polyethyleneimine (PEI) is a water-soluble cationic polymer with the molecular formula (C2H5N)n, produced by the polymerization of ethyleneimine. Its demand is driven worldwide by its capacity to build solid relationships, improve product performance, and offer solutions to a variety of industrial issues. The expanding industrial base, awareness about water treatment, expansion of personal care as well as expanding personal care & cosmetics, along with the growing awareness about water treatment are creating lucrative market growth opportunities for polyethyleneimine. The growing need for polyethyleneimine in detergents, water treatment chemicals, as well as in adhesives & sealant applications is anticipated to drive the polyethyleneimine market. The widespread use of polyethyleneimine in personal & cosmetic products and in construction activities is driving the market expansion. On the contrary, the availability of bio-based polymers and the high production cost of PEI are challenging the market growth.
The branched segment held the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the type, the global polyethyleneimine market is divided into branched and linear. Among these, the branched segment held the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period. Branched polyethyleneimine performs exceptionally well, particularly when used as a crosslinker and adhesion enhancer in coatings and adhesives. Further, the increasing use of branched types of polyethyleneimine in water treatment applications is driving the market.
The adhesives & sealants segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the application, the global polyethyleneimine market is divided into adhesives & sealants, detergents, water treatment chemicals, paper, cosmetics, coatings, inks, & dyes, and others. Among these, the adhesives & sealants segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period. This is attributed to the extensive usage of polyethyleneimine as an adhesion promoter and primer in packaging films, textiles, and metals applications.
North America is projected to hold the largest share of the global polyethyleneimine market over the forecast period.
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North America is projected to hold the largest share of the global polyethyleneimine market over the forecast period. The market is anticipated to rise as a result of increasing demand for adhesives and sealants, the expanding cosmetic industry, and the rising need for water treatment. Further, the increasing packaged foods sector in the countries like US and Canada is contributing to driving the market demand for polyethyleneimine.
Asia Pacific is predicted to grow at the fastest CAGR in the polyethyleneimine market over the forecast period. The surging demand for personal care products and packaging equipment along with the increasing regional disposable income is responsible for propelling the polyethyleneimine market. The expanding industrial sector including textiles, paper manufacturing, and water treatment drives the use of polyethyleneimine, thereby propelling the market growth.
Major key players in the polyethyleneimine market include FUJIFILM Wako Pure Chemical Corporation, NIPPON SHOKUBAI Co. Ltd., Polysciences, Inc., Nippon Shokubai Co. Ltd., BASF SE, Dow, Gongbike New Material Technology (Shanghai) Co. Ltd., SERVA Electrophoresis GmbH, Shanghai Holdenchem Co., Thermo Fischer Scientific Inc., Tokyo Chemical Industry Co. Ltd., WUHAN BRIGHT CHEMICAL Co. Ltd., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In May 2022, Nippon Shokubai and Arkema are joining forces to launch feasibility studies and establish a joint venture for the construction of an industrial plant for the production of LiFSI (Lithium bis(fluorosulfonyl)imide) ultrapure electrolyte salt, a key component of battery cells for electric mobility.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global polyethyleneimine market based on the below-mentioned segments:
Global Polyethyleneimine Market, By Type
- Branched
- Linear
Global Polyethyleneimine Market, By Application
- Adhesives & Sealants
- Detergents
- Water Treatment Chemicals
- Paper
- Cosmetics
- Coatings, Inks, & Dyes
- Others
Global Polyethyleneimine Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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