The term polyethyleneimine is also known as polyaziridine. Polyethyleneimines consist of a repeating unit with a cyclic amine group and two aliphatic carbon CH2CH2 spacers. Linear polyethyleneimines have all secondary amine groups while branched polyethyleneimines contain primary amino groups. Here's an introduction to polyethyleneimine.
Market Statistics:
The global polyethyleneimine market was valued at US$ 408.78 Mn in 2021 and is forecast to reach a value of US$ 478.78 Mn by 2030 at a CAGR of 1.84% between 2021 and 2030.
Asia Pacific held dominant position in the global polyethyleneimine market in 2021, accounting for 51.9% share in terms of volume, followed by North America and Europe, respectively.
Figure 1. Global Polyethyleneimine Market Value Share (%), By Region, 2021
Market Drivers:
Growing demand from detergents is primarily fuelling growth of the polyethyleneimine market. Polyethyleneimine is used in detergent compositions for enhanced stain removal. Detergents compositions containing polyethyleneimine provide enhanced removal of organic stains, particularly on polyphenolic stains such as morello juice (cherry juice), blueberry juice, red wine, tea, and coffee.
Increasing demand from water treatment chemicals is again projected to foster market growth. According to UNICEF, about 4 billion people, approximately two-thirds of the world's population, experience water scarcity for at least one month each year. More than 2 billion people live in countries where water supply is scarce. Half of the world's population could be living in areas facing severe water shortage in 2025, with 700 million people being displaced by intense water scarcity by 2030. Therefore, water treatment has become necessary over the years.
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2021: | US$ 408.78 Mn |
Historical Data for: | 2017 to 2021 | Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 1.84% | 2030 Value Projection: | US$ 478.78 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
BASF SE, Dow, FUJIFILM Wako Pure Chemical Corporation, Gongbike New Material Technology (Shanghai) Co. Ltd, NIPPON SHOKUBAI Co. Ltd, Polysciences, Inc., SERVA Electrophoresis GmbH, Shanghai Holdenchem Co., and WUHAN BRIGHT CHEMICAL Co. Ltd |
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Growth Drivers: |
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Restraints & Challenges: |
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Figure 2. Global Polyethyleneimine Market Value Share (%), By Type, 2021
Market Restraints:
Strict environmental regulations is expected to hinder the market growth of polyethyleneimine. According to the Environmental Protection Agency (EPA), acute inhalation exposure to ethyleneimine causes respiratory tract irritation and inflammation in humans, but symptoms may be delayed for several hours. Some symptoms of acute inhalation exposure in humans include tearing and burning of the eyes, sore throat, nasal secretion, bronchitis, shortness of breath, and edema of the lungs.
Availablity of substitute such as silanes, maleic anhydride, titanates and zirconates, and others, pose a threat to the polyethyleneimine market as they are more likely used as adhesion promoters in the adhesives industry
Market Opportunities:
Increasing development of polyethyleneimine-nano silica composites is expected to offer lucrative opportunities in the market. For instance, scientists are focusing on developing novel solvents and solvent combinations exhibiting lower volatility, better thermal stability, lower corrosive characteristic, lower degradation rate, and reduced regeneration cost. Adsorption by polyethyleneimine nano-silica composites, such as SBA-15-supported PEI and MCM-41 - supported PEI constitutes an attractive solution, owing to minimal utilization of regeneration energy, high capture capacity, and selectivity, processing convenience, cost-effectiveness, and reduced environmental impact.
Rapid growth in personal care and cosmetic industry is expected to bring profitable growth opportunities. According to Invest India, India's beauty and personal care product industry is currently valued at USD 26.8 billion and is expected to grow to USD 37.2 billion by 2025. According to Forbes India, the beauty and personal care industry received USD 264 million in financing in the seven months ending July 2021, up from USD 106 million in the entire year of 2021.
Market Trends/Key Takeaways:
Increasing demand from construction industry and rise in construction activities is expected to be trend in the market. As per the statistics provided by The U.S. Census Bureau and the U.S. Department of Housing and Urban Development, Privately owned residential units authorized by building permits were at a seasonally adjusted annual rate of 1,873,000 in December 2021. Single-family permits were granted at a rate of 1,128,000 per year. Unit authorizations in structures with five or more units were at an annual rate of 675,000. Building permits approved an expected 1,724,700 housing units in 2021. This number was 17.2% higher than the 2021 forecast of 1,471,100.
Penetration of electric vehicle is expected to uplift the market growth. According to IEA, in 2030, global electric vehicle sales are expected to reach 125 million as per the New Policies Scenario (excluding two/three-wheelers). In the EV30@30 Scenario, in 2030, around 70% of the vehicle sales in China are expected to be EVs.
Competitive Landscape:
Polyethyleneimine (PEI) is a three-membered ring. Two corners of the molecule consist of -CH2 linkages, while the third corner contains a secondary amine group, =NH. It is processed into highly branched polymers containing up to 25% primary and 50% secondary amine groups. PEI monomers have a high molecular weight (up to two million grams per mole) and can be stored at room temperature. PEI-containing coatings exhibit enhanced antibacterial activity in aqueous media. These coatings were able to bind with two distinct bacterial growths, and their antibacterial ability was enhanced even further when modified with AgNPs
Market Dynamics:
Growing demand from detergent and water treatment chemicals are driving growth of the Polyethyleneimine market. Additionally, growing demand from adhesives and sealants and rapid growth in manufacturing sector are other major factor fostering market growth. Rise in construction activities is another major factor augmenting market growth. The Building and Construction Authority of Singapore projected the total construction demand to be between SHD 27 billion and SHD 34 billion per yearfor 2020 and 2021 and between SHD 28 billion and SHD 35 billion per year for 2022 to 2023.
On the other hand, strict environmental regulation is expected to hinder the market growth
Key features of the study:
Detailed Segmentation:
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