Global Diethylhydroxylamine Market Overview
Diethylhydroxylamine Market Size was valued at USD 2.6 Billion in 2022. The Diethylhydroxylamine industry is projected to grow from USD 2.7 Billion in 2023 to USD 4.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.80% during the forecast period (2023 - 2032). The water treatment industry, chemical manufacturing, boiler industry, oil & gas industry, infrastructure development, environmental regulations, research and development, economic growth, consumer awareness, are the key market drivers enhancing the market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Diethylhydroxylamine Market Trends
-
Growing water treatment industry is driving the market growth
The diethylhydroxylamine market is primarily driven by the water treatment industry, which has a considerable impact on demand generation and the development of this crucial chemical substance. Diethylhydroxylamine, often known as DEHA, is a versatile chemical with many uses in the water treatment business. Its significance to this sector of the economy cannot be understated.
Diethylhydroxylamine's function as an oxygen scavenger and corrosion inhibitor is one of the main ways the water treatment sector fuels demand for it. Dissolved oxygen in water can cause serious corrosion problems in industrial settings, particularly those requiring the usage of boilers and cooling systems. Equipment damage, higher maintenance expenses, and decreased operational efficiency can all come from this. By effectively eliminating dissolved oxygen from water, diethylhydroxylamine can delay corrosion and increase the life of expensive machinery. For industries that depend on dependable water treatment solutions to keep their operations running, like power generation, chemical manufacture, and oil refineries, this corrosion avoidance component is vital.
The water treatment sector is constantly under pressure to decrease its environmental effect and increase energy efficiency. Diethylhydroxylamine helps achieve these goals by ensuring that corrosive oxygen is never present in the water used in industrial operations. Boilers and cooling systems perform more effectively when they are protected against corrosion, which leads to decreased energy usage and greenhouse gas emissions. Dies supports international initiatives to advance sustainability and lessen the environmental impact of industrial activities, making diethylhydroxylamine a crucial element of water treatment solutions.
environmental regulations are getting stricter, requiring high criteria for the disposal of industrial wastewater. These rules must be followed by the water treatment sector, and diethylhydroxylamine is essential for doing so. It helps to reduce chemical discharge into the environment by avoiding corrosion and protecting the integrity of water treatment equipment. This contributes to the preservation of aquatic habitats in addition to assisting enterprises in meeting their regulatory duties. Thus, driving the Diethylhydroxylamine market revenue.
Diethylhydroxylamine Market Segment Insights
Diethylhydroxylamine Type Insights
The Diethylhydroxylamine market segmentation, based on type, includes general grade DEHA, electrical grade DEHA and food and medical DEHA. The general grade DEHA segment dominated the market in 2022. This is because General Grade DEHA is used in so many different fields, including chemical formulation, oxygen scavengers, polymer processing, color stabilizers, and antioxidants.
Figure 1: Diethylhydroxylamine Market, by Type, 2022 & 2032 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Diethylhydroxylamine Application Insights
The Diethylhydroxylamine market segmentation, based on application, includes flooring & wall coverings, film & sheet, wire & cable, consumer goods, coated fabric, automobile and others. The wire & cable category generated the most income in 2022. The rise in DEHA demand for use in making electrical cables and wires. In order to avoid corrosion and eventual failure, DEHA is used to stop the oxidation of copper and other metals in electrical cables and wires.
Diethylhydroxylamine Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia-Pacific Diethylhydroxylamine Market dominated this market in 2022 (45.80%). Water scarcity is a problem in many APAC nations. As a result, effective water management and treatment are becoming increasingly important. Diethylhydroxylamine plays a crucial role in addressing water scarcity concerns and guaranteeing the availability of clean water for diverse purposes because it is used to prevent corrosion in pipelines and water treatment equipment. Moreover, China’s Diethylhydroxylamine market held the largest market share, and the Indian Diethylhydroxylamine market was the fastest growing market in the Asia-Pacific region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: DIETHYLHYDROXYLAMINE MARKET SHARE BY REGION 2022 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The North America Diethylhydroxylamine Market accounts for the second-largest market share. Manufacturing, petrochemicals, power generation, and water treatment are just a few of the numerous sectors found in North America. The demand for DEHA as an oxygen scavenger and corrosion inhibitor rises as these sectors expand due to reasons including economic growth and technical advancements. DEHA is widely used in industrial cooling and boiler systems to stop corrosion and prolong the life of expensive machinery. Further, the U.S. Diethylhydroxylamine market held the largest market share, and the Canada Diethylhydroxylamine market was the fastest growing market in the North America region.
Europe Diethylhydroxylamine market is expected to grow at the fastest CAGR from 2023 to 2032. A thriving chemical manufacturing sector exists throughout Europe, generating a vast range of chemicals for varied uses. Diethylhydroxylamine is a crucial element in this industry since it is employed as an intermediary in chemical synthesis. Demand for diethylhydroxylamine can be influenced by any expansion or innovation in the European chemical sector. Further, the German Diethylhydroxylamine market held the largest market share, and the UK Diethylhydroxylamine market was the fastest growing market in the European region.
Diethylhydroxylamine Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Diethylhydroxylamine market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Diethylhydroxylamine industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Diethylhydroxylamine industry to benefit clients and increase the market sector. In recent years, the Diethylhydroxylamine industry has offered some of the most significant advantages to medicine. Major players in the Diethylhydroxylamine market, including BASF, Eastman, Teknor Apex, HARKE Group, Alkyl Amines Chemicals, Arkema and others, are attempting to increase market demand by investing in research and development operations.
BASF SE (BASF) is a company that produces chemicals. It manufactures, markets, and sells chemicals, polymers, crop protection products, and performance items. The company's product line includes solvents, adhesives, surfactants, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. The company works with a wide range of industries, including those related to building, woodworking, agriculture, electronics and electrical, paints and coatings, transportation, home care, nutrition, and chemicals. In partnership with international customers, partners, and researchers, BASF carries out R&D. The company's operations are supported by a network of production facilities. It can be found all over the world, including in North America, Europe, Asia, South America, Africa, and the Middle East. The BASF corporate headquarters are in Ludwigshafen, Germany.
Eastman Chemical Co. is a manufacturer and supplier of specialty chemicals. It provides a wide range of innovative products, functional items, special additives, chemicals, and fibers. Among its product offerings are additives, plasticizers, speciality plastics, adhesives, performance films, chemical intermediates, acetate yarn, and other items. Wet-laid nonwovens and specialty films are also sold by the company. Products from Eastman are used in a variety of industries, including coatings, food, drink, feed, agriculture, building and construction, packaging, transportation, consumables, consumer durables, health and wellness, and others. It travels through a network of manufacturing facilities, technical support facilities, and sales offices. Eastman's corporate headquarters are located in Kingsport, Tennessee, a city in the US.
Key Companies in the Diethylhydroxylamine market include
-
BASF
-
Eastman
-
Teknor Apex
-
HARKE Group
-
Alkyl Amines Chemicals
-
Arkema
Diethylhydroxylamine Industry Developments
July 2023: BASF and InterPuls introduced Ultrason P 3010.
July 2023: BASF set up a joint venture with Mingyang to develop, build and operate a 500MW offshore wind farm in south China.
July 2023: BASF along with Huntsman, Shanghai Hua Yi, Sinopec Shanghai Gaoqiao Petrochemical Co., Ltd. and Shanghai Chlor-Alkali Chemical Co., Ltd announced their plans to separate their joint MDI (diphenylmethane diisocyanate) production at Shanghai Lianheng Isocyanate Co., Ltd. (SLIC).
May 2023: Eastman and Safic-Alcan announced an extended partnership in Europe for Eastman's range of Anhydrides, including Propionic Anhydride, N-Butyric Anhydride, Isobutyric Anhydride & Isobutyric Acid.
Diethylhydroxylamine Market Segmentation
Diethylhydroxylamine Type Outlook
-
General Grade DEHA
-
Electrical Grade DEHA
-
Food and Medical DEHA
Diethylhydroxylamine Application Outlook
Diethylhydroxylamine Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 2.6 Billion |
Market Size 2023 |
USD 2.7 Billion |
Market Size 2032 |
USD 4.3 Billion |
Compound Annual Growth Rate (CAGR) |
5.80% (2023-2032) |
Base Year |
2022 |
Market Forecast Period |
2023-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Application, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
BASF, Eastman, Teknor Apex, HARKE Group, Alkyl Amines Chemicals, Arkema |
Key Market Opportunities |
Increasing demand for flooring and wall coverings. |
Key Market Dynamics |
Increasing demand for chemical formulations. |
Diethylhydroxylamine Market Highlights:
Frequently Asked Questions (FAQ) :
The global Diethylhydroxylamine market size was valued at USD 2.6 Billion in 2022
The global market is projected to grow at a CAGR of 5.80% during the forecast period, 2023-2032
Asia-Pacific had the largest share in the global market
The key players in the market are BASF, Eastman, Teknor Apex, HARKE Group, Alkyl Amines Chemicals, and Arkema
The General Grade DEHA category dominated the market in 2022
The Wire & Cable had the largest share in the global market.