Industrials, Financials Dec 23, 2021 08:48 AM (GMT+8) · EqualOcean
According to the Research Report of CICC, the new installed capacity of wind power has accelerated under the background of carbon neutralization policy, According to the prediction of CICC's new group, the world is expected to reach 119gw (66gw in China) in 2025. We estimate that the domestic polyether amine market demand is expected to reach 122000 tons in 2025, with a CAGR of 9%. Due to the high growth rate of China's demand, Chinese enterprises are expected to further expand to meet domestic and export demand. We expect that the market share of Chinese enterprises is expected to increase from 28% in 2020 to 43% in 2025. Polyether amine (PEA), also known as amino terminated polyether, is a widely used curing agent and adhesive.
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