Acumen Research and Consulting, a global provider of market research studies, in a recent published report titled “Diethanol Isopropanolamine Market (Type: Content 85%, Content >90%; Application: Cement Grinding Aid, Surfactant, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025”, estimates that global diethanol isopropanolamine market is projected to reach the market value of around $430 million by 2025 and is estimated to grow at a CAGR of over 3.5% in terms of revenue during the forecasting period 2018 – 2025. Owing to the factors such as, their impacts on cement properties is superior than the regular cement grinding aids as TIPA & TEA, the cement compressive strength in all ages is enhanced when DEIPA is added to cements. The outcome of DEIPA and TIPA were similar on cement properties including setting time, normal consistency, fluidity and fineness, etc. DEIPA is excellent cement grinding aid and is always preferred over other type of mixtures, which in turn is boosting the growth and is anticipated to continue its pace through the predicted timeline.
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Content 85% Diethanol Isopropanolamine Held Largest Market Share in 2017
Content 85% type segment governed the market in terms of revenue and consumption and is anticipated to grow at a highest CAGR during the foreseen timeline. Factors such as its viscous, clear, colorless or pale yellow liquid properties which offers freezing point of 21°C, boiling point (0.6mmHg) 145℃ (lit.), and can be dissolved into water and many organic solvents are benefitting its adoption in numerous applications. Also, it enhances the process and quality of cement production. Besides, content >90% also supported the market with the momentous share and will rise at a noteworthy CAGR according to the analysis by Acumen. In 2017, the content >90% production was over 95 MT and the market share was over 40%, and it will reach over 124 MT in 2025, growing at a CAGR of around 3.3% from 2018 to 2025.
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Regional Viewpoint
China is one of the most lucrative markets in terms of diethanol isopropanolamine revenue generation and consumption. Further, expected increase in construction activities in various segments such as residential, commercial and infrastructure is anticipated to create significant growth opportunities for prominent players offering diethanol isopropanolamine chemicals. The China diethanol isopropanolamine (DEIPA) market size was over USD 165 million in 2017 and is expected to increase to over USD 215 million in 2025, at a growth rate of around 3.3% from 2018 to 2025. In recent years, the European construction industry has experienced significant recovery. As per the industry experts, the construction output in the region has increased by 2.5% in 2016 and around 3% in 2017. This trend is projected to continue in the near future owing to the rise in construction activities in residential, infrastructure and commercial sectors. In addition, the residential and commercial sectors are anticipated to create highest growth opportunities for prominent market players offering DEIPA.
Application Insights
Cement grinding aid is a major application of diethanol isopropanolamine (DEIPA). It is an alkanol amine which is used in the formulation of concrete admixtures and cement additives. In addition, it improves the strength of cements at all hydration ages and cement blended with slag and fly ash tends to show a greater response to chemical. In 2017, the diethanol isopropanolamine consumption in surfactant application was over 37 MT, and it will reach over 45 MT in 2025. It includes use cases of diethanol isopropanolamine (DEIPA) in cosmetics and personal care products such as hair sprays, hair wave lotions, i.e., shampoos, skin lotions, liquid soaps, and moisturizers. On the other hand, the others segment includes diethanol Isopropanolamine applications in gas treating products and metal working products.
Key Players
The top players covered in report include Nanjing Hongbaoli, VISWAAT Chemical, Amines & Plasticizers Limited (APL), Lucky Chemical Industry and Beijing Debora Chemicals etc., which are playing important roles in global diethanol isopropanolamine (DEIPA) market. Prominent players in the market are focused towards offering their products on local or regional ecommerce websites to expand their market reach. For instance, indiamart.com (India) and Alibaba.com (China) are some of the regional ecommerce websites through which diethanol isopropanolamine producing companies are offering their products.
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