PUBLISHER: KBV Research | PRODUCT CODE: 1548802
PUBLISHER: KBV Research | PRODUCT CODE: 1548802
The Europe Polyethyleneimine Market would witness market growth of 2.3% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 705.4 Tonnes, showcasing a growth of 16.37% (2020-2023).
Linear Polyethyleneimine (PEI) is a polymer with a linear structure, known for its lower charge density compared to its branched counterpart. Uses include applications in drug delivery systems, where it serves as a carrier for nucleic acids due to its ability to form stable complexes with DNA and RNA. It's also used in adhesives, coatings, and as a dispersant in various industrial formulations. Advantages of linear PEI include its enhanced biocompatibility, making it preferable in medical and pharmaceutical applications. Thus, the Linear Polyethyleneimine (PEI) in Germany market registered a volume of 41.81 Tonnes in 2023.
The Germany market dominated the Europe Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $24,267.8 Thousands by 2031. The UK market is exhibiting a CAGR of 2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 1.7% during (2024 - 2031).
Urban areas facing the challenge of maintaining water quality amidst growing populations also benefit from PEI in water treatment facilities. Municipal water treatment plants employ PEI to remove impurities from drinking water. It guarantees the safety of household water for consumption by chelating heavy metals, including lead and mercury. This is particularly important in cities where old infrastructure may still be in use, posing a risk of contamination from corroded pipes. The pharmaceutical industry is another major contributor to the growth of this market. PEI is used in drug delivery systems and as a component in certain medications, owing to its ability to enhance drug delivery efficiency and efficacy. Thus, the expansion of the pharmaceutical industry will also propel the demand for PEI.
PEI is valued for its strong adhesive properties in the adhesives and sealants industry. As manufacturers seek more efficient and durable bonding solutions, the use of PEI in adhesives and sealants is expected to grow, boosting market expansion. Examples of PEI's application in adhesives and sealants can be seen in large-scale construction projects like the Burj Khalifa in Dubai, where high-performance sealants are required to withstand extreme weather conditions. Additionally, manufacturers like Tesla use advanced adhesives in vehicle assembly to reduce weight and improve performance in the automotive sector. The packaging industry also uses PEI-based adhesives for consumer goods, ensuring product safety and integrity.
France's automotive industry, supported by organisations like the French Automotive Industry Association (CCFA), is a major consumer of this used in coatings and adhesives. The country's strong automotive sector contributes significantly to the demand for this. Additionally, France's renowned cosmetics industry, regulated by laws like the EU Cosmetics Regulation, utilises this in various products, further boosting its demand. In terms of value, France ranks as the second-largest industry for cosmetics in Europe in 2022, at €12.9 billion. In 2021-22, the French cosmetics sector grew by 5.8%. In 2021, France had a 17% share in global exports of beauty products. The country is Europe's main exporter of cosmetics, along with Germany. The country's commitment to water quality and environmental protection, in compliance with the EU Water Framework Directive, also leads to a high demand for water treatment chemicals like this. Therefore, this market is expected to grow rapidly in the region owing to the aforementioned factors.
Based on Type, the market is segmented into Branched and Linear. Based on Application, the market is segmented into Adhesives & Sealants, Detergents, Water Treatment Chemicals, Paper, Cosmetics, Coatings, Inks & Dyes, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Polyethyleneimine Market Report Segmentation
By Type (Volume, Tonnes, USD Million, 2020-2031)
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Country (Volume, Tonnes, USD Million, 2020-2031)