PUBLISHER: Polaris Market Research | PRODUCT CODE: 1507197
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1507197
The global polyethyleneimine market size is expected to reach USD 543.55 million by 2032, according to a new study by Polaris Market Research. The report "Polyethyleneimine Market Share, Size, Trends, Industry Analysis Report, By Type (Linear, Branched); By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Polyethyleneimine is widely utilized in water treatment procedures, cosmetics, and paper manufacturing. The growing population in the world is significantly increasing the need for water. Growing water pollution is facilitating new growth opportunities for the global polyethyleneimine market. The increasing innovations are expected to drive polyethyleneimine utility in the coming years.
For instance, in January 2024, Membion received EUR 5 Mn, and it aims to expand its water recycling capacity to meet the growing demand for quality water.
The growing cosmetics industry is showcasing significant demand for polyethyleneimine, driven by its potential to reduce toxicity and promote active and essential chemical compounds on the hair and skin. The increasing number of individuals' concerns about their facial looks are fostering the personal care industry, with the increasing demand for air conditioners, shampoos, face wash, and moisturizers in the world, thereby enhancing the demand potential for polyethyleneimine.
The increasing utility of adhesives, sealants, packaging, and water treatment chemicals in the marketplace is likely to fuel demand for polyethyleneimine over the forecast period. The ongoing construction activities are boosting the demand for adhesives for combining doors and windows. The increasing heat waves across the nations are strictly exhibiting the adoption of heating, ventilation, and air conditioning systems (HVAC), providing the need for sealants, thereby polyethyleneimine in the long run.
Increasing product manufacturing by companies to meet global customer demand will create a significant necessity for packaging. Polyethyleneimine is incorporated in food product packaging, lamination, and primarily for bolding paper substrates with other materials due to its superior adhesion abilities. It is one of the substances in the water-based packaging film primers.
The growing research and exploration activities in gene therapy and increasing demand for drug delivery agents will likely drive polyethyleneimine use globally. Rising polyethyleneimine utility as a coating agent is projected to drive market expansion in the coming years. A 2023 study published in ACS Publications developed the Chitosan-Modified Polyethyleneimine to promote photosynthesis among plants with increasing demand for global food production. The results of the study on nanoparticle use showed the ability to increase carbon dioxide storage and boost photosynthesis efficiency in plants.
Blanched segment is anticipated to witness the highest growth in the coming years due to the increasing demand adoption for gene therapy development activities.
Paper segment accounted for the largest market share owing to the growing demand for paper and the superior binding potential of polyethyleneimine.
APAC is projected to register the fastest growth during the forecast period, attributable to the increasing construction activities that facilitate adhesive demand.
The global players include Arkema S.A., Avient, BASF, Borealis, Exxon Mobil, FUJIFILM, LEAP CHEM, Nippon Shokubai, Polysciences, RTP, & SABIC.
Polaris Market Research has segmented the polyethyleneimine market report based on type, application, and region: