Tetraethylenepentamine (TEPA) Market Size & Share, by Application (Chelating Agents, Corrosion Inhibitors, Curing Agents, Surfactants, Asphalt Additives, Oil & Fuel Additives, Textile Adhesives); End-user (Aerospace, Building & Construction, Healthcare, Detergents & Cleaners, Industrial, Textiles) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4040
  • Published Date: Apr 30, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Tetraethylenepentamine Market size is anticipated to reach USD 8 billion by the end of 2035, growing at a CAGR of 6% during the forecast period, i.e., 2023-2035. In the year 2022, industry size of tetraethylenepentamine (TEPA) was over USD 1 billion. The growth of the tetraethylenepentamine market can be attributed to the wide variety of tetraethylenepentamine applications in end-user industries such as automotive, aerospace, marine, industrial, building & construction, personal care, textile, and food & beverage industry which further creates lucrative opportunities for the tetraethylenepentamine market. This is anticipated to drive market growth in the forecast period. Based on end users, the automotive sector produced around ~10 million units in the United States in the year 2021.

Furthermore, tetraethylenepentamine (TEPA) is mostly utilized as an additive in lubricating oil production and fuel as an epoxy agent, or its utilization can also be seen in the manufacturing of asphalt additives. Tetraethylenepentamine is used in the production of lubricating oils and these oils are used in a wide variety of applications. Currently, producers of tetraethylenepentamine are focusing more on the production and processing of tetraethylenepentamine in order to meet the rising demands of industrial sectors. The rising demand for tetraethylenepentamine for multiple applications in various industries is anticipated to drive the market growth of the tetraethylenepentamine market in the forecast period. As per our research, by 2028, the global lubricant demand will reach around 39 million metric tons.


Tetraethylenepentamine Market
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Tetraethylenepentamine Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Demand in the Automotive Industry – The rising demand in the automotive industry is estimated to propel the growth of the tetraethylenepentamine market as it is used as a fuel additive in the automotive industry in order to enhance the fuel efficiency and performance of vehicles. As per a study published in a journal, it was found that using tetraethylenepentamine as a fuel additive improved diesel engine performance and fuel efficiency. The study concluded that tetraethylenepentamine could be an effective fuel additive to reduce emissions and improve diesel engine performance.
  • Rising Demand for Epoxy Resins – Tetraethylenepentamine is an important raw material in the production of epoxy resins which is used in various industries such as automotive, construction, and electronics. The rising demand for epoxy resins is anticipated to drive the growth of the tetraethylenepentamine market in the forecast period. A recent press release from chemical giant BASF SE announced that it will expand its production capacity for amine hardeners, including TEPA, at its Ludwigshafen site in Germany. This expansion was driven by growing demand for epoxy resins and the company's goal to strengthen its position in the amine hardener market.
  • Growing Demand for Personal Care Products – Tetraethylenepentamine is used as an emulsifier and surfactant in personal care products such as shampoos, creams, and lotions. The growing demand for these products in emerging countries is expected to drive the growth of the market in the upcoming times. According to research, it was found that tetraethylenepentamine is a significant ingredient and is used as a conditioner in hair care products.
  • Growing Application in Construction Industry - Owing to its excellent adhesion, strength, and durability, tetraethylenepentamine is used as a curing agent for epoxy resins widely used in the construction industry. It is also used in the construction industry as a hardener for adhesives and sealants. They are estimated to drive the growth of the tetraethylenepentamine market in the future. A product brochure lists TEPA as an ingredient in adhesive hardeners used in the construction industry.

Challenges

  • Rise in Bio-based Chemicals from Tetraethylenepentamine – Environmental concerns and health hazards are connected to the rising emission of toxic chemicals which has led to the emergence of bio-substitutes. The growth in bio-based chemicals in the form of substitutes is expected to hamper the growth of the market in the forecast period.
  • Unavailability of Raw Materials
  • Shortage of Labor in the Chemical Sector

Tetraethylenepentamine (TEPA) Market: Key Insights

Base Year

2022

Forecast Year

2023 – 2035

CAGR

~6%

Base Year Market Size (2022)

~USD 1 billion

Forecast Year Market Size (2035)

~USD 8 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Tetraethylenepentamine Segmentation

Application (Chelating Agents, Corrosion Inhibitors, Curing Agents, Surfactants, Asphalt Additives, Oil & Fuel Additives, Textile Adhesives)

The global tetraethylenepentamine market is segmented and analyzed for demand and supply by application into chelating agents, corrosion inhibitors, curing agents, surfactants, asphalt additives, oil & fuel additives, textile adhesives, and others. Out of this, the oil and fuel additives segment is anticipated to hold the largest market by the end of 2035. This can be attributed owing to the growing application of tetraethylenepentamine in lubricant oil production and the rising demand for lubricants is high all across the world. Tetraethylenepentamine is widely used as an additive in fuel and lubricant oil production. In 2019, global lubricant demand amounted to around 37 million metric tons. After oil and fuel additives, the curing agent segment is expected to hold a significant market share in the forecast period. Curing systems has a variety of application such as it is used in high-quality protective surface coating, civil engineering, solvent-free systems and high solids, sealants, molding and adhesives, filing compounds, laminates, waterproofing systems, cable jointing compounds, and castings. Rising urbanization, industrialization, and growing investment in the construction sector are anticipated to drive the growth of this market in the forecast period.

End-user (Aerospace, Building & Construction, Healthcare, Detergents & Cleaners, Industrial, Textiles)

The global tetraethylenepentamine market is segmented and analyzed for demand and supply by end users into aerospace, building & construction, healthcare, detergents & cleaners, industrial, textile, and others. Out of these, the building & construction segment is anticipated to hold the largest market share by the end of 2035. The growth of this market can be attributed owing to the growing presence of industrialization and urbanization all over the world. As the disposable income of people tends to increase the demand for residential and commercial space rises which in turn increases the demand for the construction segment in the upcoming years.

Our in-depth analysis of the global market includes the following segments:

        By End User

  • Aerospace
  • Building & Construction
  •  Healthcare
  • Detergents & Cleaners
  •  Industrial
  • Textiles
  • Others

        By Application

  • Chelating Agents
  •  Corrosion Inhibitors
  •  Curing Agents
  •  Surfactants
  • Asphalt Additives
  • Oil & Fuel Additives
  •  Textile Adhesives
  •  Others

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Tetraethylenepentamine (TEPA) Regional Synopsis

APAC Market Statistics

The tetraethylenepentamine Market n the Asia Pacific region is estimated to witness noteworthy growth over the forecast period. This can be attributed on the back of the growing chemical industry in the region, along with the increasing establishment of industries in developing economies. For instance, the chemical industry in Asia accounted for more than 55% share of the revenue generated by the global chemical industry. Moreover, the presence of large manufacturing industries in emerging economies from the Asia Pacific region including China, India, and Japan is estimated to offer lucrative growth opportunities for this market in these regions by the end of 2035. The area is anticipated to experience considerable growth throughout the forecast period as a result of the rising demand for polyamide resins from a variety of end-use industries, including the construction, packaging, and automotive sectors. Additionally, it is projected that throughout the forecast period, product demand would be fueled by rising vehicle production in nations like China and India as well as supportive government laws intended to promote domestic manufacturing operations.

North American Market Forecast

On the other hand, the tetraethylenepentamine market in the North American region is anticipated to gain the largest market share throughout the forecast period. This can be attributed owing to the growing presence of chemical manufacturing companies in the region. The rising demand for TEPA in chelating agents, polyamide resins, fuel additives, surfactants, and other applications is responsible for the market's expansion. Moreover, the presence of significant companies in the area is anticipated to fuel market expansion. As a result of the rising need for chelating agents and polyamide resins across a range of industries, including water treatment, paper & pulp, and food & beverage, the U.S. is anticipated to be a significant market for tetraethylenepentamine over the forecast period.

Latin America Market Forecast

The market in the Latin America region is estimated to witness significant market growth in the forecast period. This can be attributed owing to the growing demand for tetraethylenepentamine in the building & construction industry in this region. Tetraethylenepentamine is used as a chelating agent in concrete admixture in the construction industry in this region. This factor is expected to drive the market growth of tetraethylenepentamine in the Latin American region.

Research Nester
Tetraethylenepentamine Market Size
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Companies Dominating the Tetraethylenepentamine (TEPA) Landscape

top-features-companies
    • Delamine B.V.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Tosoh Corporation
    • 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
    • Honeywell International Inc.

In the News

  • Dow Chemical Company announced the launch of a new product VORASURF Silicone Surfactants, for enhanced energy efficiency and sustainable solutions in the rigid polyurethane foam market. 
  • Nouryon B.V. announced the acquisition of the carboxymethyl cellulose (CMC) business of J.M. Huber Corporation. CMC is a sustainable, bio-based water-soluble polymer.

Author Credits:  Rajrani Baghel


  • Report ID: 4040
  • Published Date: Apr 30, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing application of TEPA in the treatment of industrial wastewater is estimated to boost market growth.

The market size of tetraethylenepentamine (TEPA) is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 – 2035.

The unavailability of raw materials and shortage of labor in the chemical sector is estimated to hamper the market growth.

North America is estimated to create notable growth opportunities for market growth over the forecast period.

The major players in the market are Nouryon Chemicals Holding B.V., Bax Chemicals B.V., LyondellBasell Industries Holdings B.V., Andhra Petrochemicals Ltd., DuPont de Nemours, Inc., 3M Company, Honeywell International Inc., and Others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by application, end user, and region.

The oil & fuel additive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Tetraethylenepentamine Market Report Scope
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