Global Isophorone Diamine Market To Cross USD 1241 MN By 2026 With A CAGR Of 4.3 %
Posted On December 05, 2019
Value Market Research has recently published a report on the Global Isophorone Diamine Market. The report states that the global isophorone diamine market had a market value close to USD 924.2 MN in 2019 and is expected to touch USD 1241 MN by 2026 with a CAGR of 4.3% from 2019-2026. The rise in demand in the civil engineering industry with applications across concrete protection, paving and repair and the growing usage of the product for the production of optically transparent and hard non-crystalline specialty polyamides are factors responsible for the growth of the global isophorone diamine market. Owing to their weather properties, they are also used in paving, concreting and waterproofing. The increase in the production of leather, plastics, dyes and rubber products also acts as a fuel for driving the demand for the global isophorone diamine market.
Isophorone diamine is a colorless to yellow liquid that has low viscosity, is denser than water and displays a high solubility in water. It is also miscible in other chemical compounds like alcohols, esters and ketones. It is an amine and thus a base. It has tow amino groups, aromatic diamines and aliphatic diamines that are used to produce polyesters and nylons. It is a type of cycloaliphatic diamine and its peers are 1,2 - diaminocyclohexane, 1,3 – bis ( aminomethyl) cyclohexane and 1,4 – bis (aminocyclohexyl) methane.
The report “Global Isophorone Diamine Market Report By Product (One-Step Method and Two-Step Method), By Application (Epoxy Resin, IPDI, and Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026”covers the market analysis and market dynamics of the global isophorone diamine market along with a detailed description on the competitive landscape of the global isophorone diamine market.
By product, the one-step method and two-step method are the classifications provided in the report on the global isophorone diamine market. Two-step led the product segment owing to increased efficiency over others and due to the reduced synthesis of by-products and maximized production of key compounds. By application, the segments of the global isophorone diamine market are epoxy resin and IPDI. Epoxy resin has dominated the segmentation based on the application due to the growing penetration across building & construction, transportation, consumer goods, wind power and aerospace. Few of the properties like high thermal stability, durability, mechanical strength and resistance to moisture and heat are factors responsible for boosting its application across the market.
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa are the segments based on geography as per the report. Large-scale industrialization and modernization have driven the market growth in Europe thus making it the leading segment by region. Also, the substantial growth in the automobile industry has generated a high demand for a protective coating for interior and exterior applications.
The Report Segments Global Isophorone Diamine Market -
Middle East & Africa
Players Profiled In the Report:
BASF, Benco Chemical, Central Glass, Central Glass, CNSG Anhui Hong Sifang, Dahua Group, Dallas Group, Dallas Group, Evonik, Excelite, Finoric LLC and others
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