Propyleneimine Market - Forecast(2023 - 2028)
Propyleneimine Market size is forecast to reach $1.5 billion by 2025, after growing at a CAGR of 5% during 2020-2025. Propyleneimine is a highly flammable and colorless liquid with ammonia like odor. Surging use of propyleneimine as a rocket fuel modifier in aerospace industries is driving the growth of propyleneimine market. Moreover, Propyleneimine use in latex surface-coating resins for improving the adhesion is also augmenting the growth of propyleneimine market. Increasing demand from various end use industries such as paper, textiles and pharmaceuticals also boosts the growth of market. Propyleneimine is also used in flocculants for petroleum refining. However, propyleneimine is highly toxic compound and hence needs to be handled carefully. Thus, toxicity and flammability of propyleneimine may hamper the growth of the market.
















