Topic: Ethyleneamines Market Report and Forecast 2020-2025
Ethyleneamines Market size is anticipated to grow significantly owing to its application in the textiles industry. Aminoethyl ethanolamine has inimitable features and is used as an intermediate in fabric softeners, production of detergents and chelates which is likely to propel product demand by 2024. Global textile market size is projected to surpass USD 1 trillion by 2024 which is likely to propel product demand. Ethylenediamine is an organic complex which uses chemical synthesis. Growing product application as chelating agents, bleach activators and corrosion inhibitors may boost industry size in forecast timeframe.
The Industrial oils market is estimated to account for a value of USD 60.2 billion in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 80.7 billion by 2025.