Ethylamine Market Segmentation:
End-User Segment Analysis
The agricultural segment is estimated to hold 38% share of the global ethylamine market during the forecast period. Ethylamine has been used in the production of different crop protection products, as well as their expansion into a wide range of Agrochemicals such as Atrazine. In 2020, sales of the herbicide atrazine in Brazil climbed by over 40% from the year before, amounting to 33.32 thousand metric tons of active ingredient. Further, ethylamine is used as a raw material for the production of some herbicides, like Cyanazine and Simazine. Ethylamine’s role lies in its capacity to combine with other compounds to form active ingredients that target pests, weeds, or plant diseases, thereby aiding in crop protection and enhancing agricultural productivity. These synthesized agrochemicals derived from ethylamine play a pivotal role in modern agricultural practices by helping farmers manage and mitigate the impact of pests and diseases on crops.
Application Segment Analysis
The catalyst segment in the ethylamine market is poised to garner the majority of the revenue share during the forecast period mostly utilized in end-user industries to produce polyurethane foam and in dyes to create rhodamine and ethylcynopyrolidine dispersion. As a result, ethylamine is primarily promoted as a catalyst, focusing on and advancing the market to support higher product sales.
Our in-depth analysis of the global ethylamine market includes the following segments:
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