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Research Nester published a report titled “Tetra ethylene pent amine (TEPA)Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global Tetra ethylene pent amine(TEPA) market in terms of market segmentation by application, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global Tetra ethylene pent amine(TEPA) market is anticipated to attain a significant CAGR over the forecast period, i.e., 2022 – 2031.The market is segmented on the basis of application into chelating agents, corrosion inhibitors, curing agents, surfactants, asphalt additives, oil & fuel additives, textile adhesives, and others. Out of these, the chelating agents segment is anticipated to hold a substantial share over the forecast period owing to the growing demand for chelating agent in the healthcare, textile, and cleaning industries.
The global Tetra ethylene pent amine(TEPA) market is estimated to grow on the back of increasing use of Tetra ethylene pent amine amongst various end-user industries, such as, aerospace, building & construction, healthcare, detergents & cleaners, industrial, textiles, and others. Moreover, the increasing application of TEPA in the treatment of industrial waste water, as TEPA can coagulate ionized waste in the water, is estimated to boost the market growth. A report by the UNESCO, industries discharge an estimated 300-400 megatons of waste into water bodies every year.
On the basis of geographical analysis, the global Tetra ethylene pent amine(TEPA) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to provide more business opportunities over the forecast period owing to the presence of major chemical manufacturers, along with the industrial growth in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players' competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Adoption of TEPA in the Healthcare Industry to boost the Market Growth
Tetraethylenepentamine is extensively used as a chelating agent in the healthcare sector. Chelating agentsare also used to reduce levels of injurious heavy metals, such as copper, mercury and lead from blood and tissues. Such numerous benefits associated with the use of the chemical compound in the healthcare industry are therefore estimated to boost the market growth.
However, unavailability of raw materials, and shortage of labor in chemical sector are expected to operate as key restraint to the growth of global Tetra ethylene pent amine (TEPA) marketover the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global Tetra ethylene pent amine(TEPA) marketwhich includes company profiling of Tosoh Corporation, Delamine B.V.,The Dow Chemical Company, Nouryon Chemicals Holding B.V., Bax Chemicals B.V., LyondellBasell Industries Holdings B.V., Andhra Petrochemicals Ltd., DuPont de Nemours, Inc., 3M Company, and Honeywell International Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global Tetra ethylene pent amine(TEPA) market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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