South Korea 2-Methylpentamethylenediamine Market was valued at USD 0.05 Billion in 2022 and is projected to reach USD 0.08 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
In South Korea, the demand for 2-Methylpentamethylenediamine (MPMD) is experiencing a notable surge, driven by its versatile applications across multiple industries. This aliphatic diamine is integral in the production of high-performance materials, making it a sought-after component in various sectors.
One of the primary applications of MPMD is in the synthesis of polyamide plastics, films, and fibers. These materials are essential in manufacturing durable consumer goods and industrial products, contributing to the robustness and longevity of the end products. Additionally, MPMD serves as a crucial ingredient in polyamide adhesives and ink resins, enhancing adhesion properties and ensuring the effectiveness of adhesives in demanding environments. citeturn0search1
In the coatings industry, MPMD is utilized as an epoxy curing agent. Its inclusion imparts excellent metal adhesion, chemical and corrosion resistance, and toughness, making it suitable for industrial, marine, and decorative coatings. The use of MPMD in these applications ensures that coatings can withstand harsh conditions and maintain their integrity over time. citeturn0search14The water treatment sector also benefits from MPMD, where it is employed in the formulation of water treatment chemicals. Its properties contribute to the effectiveness of these chemicals in purifying and maintaining water quality, which is vital for both industrial processes and public health. citeturn0search1Furthermore, MPMD acts as a corrosion inhibitor and is used in metalworking fluids. Its application in these areas helps in extending the lifespan of machinery and metal components by preventing corrosion and wear, thereby reducing maintenance costs and downtime. citeturn0search1The growing emphasis on high-performance and sustainable materials in South Korea's industrial landscape has led to an increased requirement for MPMD. Industries are continually seeking materials that offer enhanced performance characteristics while aligning with environmental regulations. MPMD's multifunctional attributes make it a valuable asset in meeting these industrial demands.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea 2-Methylpentamethylenediamine Market
Adhesives
Curtains and Fabrics
Coatings
Textiles
Construction Materials
Automotive
Construction
Aerospace
Electronics
Consumer Goods
Liquid Form
Solid Form
Direct Sales
Online Retail
Distributors
Wholesale
Chemical Synthesis
Biological Production
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea 2-Methylpentamethylenediamine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea 2-Methylpentamethylenediamine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea 2-Methylpentamethylenediamine Market, By Type
6. South Korea 2-Methylpentamethylenediamine Market, By Application
7. South Korea 2-Methylpentamethylenediamine Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea 2-Methylpentamethylenediamine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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