MXDA is an amine hardener, usually used in the combination with epoxy resins to formulate the two-part epoxy coating formulations. It can be formulated into both solvent-free and solvent-based epoxy coatings for excellent chemical resistance and fast curing at low temperatures. Some of the key applications of MXDA include industrial floor coatings, particularly for heavy duty purposes. It can also be utilized as a raw material for the amalgamation of multi-substituted bisguanidine carbamate, as a monomer for the synthesis of poly (vinyl urethane) glassymers and for the fusion of poly amides by the catalytic dehydrogenation with diols. MXDA offers excellent chemical resistance mainly compared to IPDA (Isophorone Diamine) and rapid curing even at low temperature thanks to the presence of unobstructed primary amines. Apart from this, one another key property of MXDA is: it is an epoxy curing agent in the solvent free & solvent based epoxy coatings for many applications for instance flooring and heavy duty protective coatings (bridges, wind turbines and chemical tanks etc). The growing demand for high performance polyurethanes in several industries including construction, automotive and furniture is driving the growth of this market.
As per analysis, “Global m-Xylylenediamine (MXDA, CAS 1477-55-0) Market, 2021-2027” the key companies operating in the global m-Xylylenediamine (MXDA) market include Showa Denko K.K., Jiangsu Dynamic Chemical Co., Ltd., Jiangsu Xinhe Agricultural Chemical Co., Ltd. (CAC Group), Cargill, Incorporated, Jingma Chemicals Co., Ltd., Zhejiang Realsun Chemical Co., Ltd, Changzhou Aitan Chemical Co., Ltd., Mitsubishi Gas Chemical Company, Inc and among others.
M-xylylenediamine Market is bifurcated on the basis of product, application, and region. Product section provides the information about market share of every product as well as respective CAGR throughout the forecast period. Based on product type market is segmented as polyamide, polyurethane, epoxy hardeners and others. In addition, based on application, market is segmented as transportation, construction, energy and oil & gas.
The market is mainly driven by the rise in demand for xylylenediamine in various applications including epoxy resin, pesticides, and coating. The growth of this market is also attributed to increasing the demand for xylylenediamine in developing countries such as India and China. Some other growth factors of this market include increase in use of M-xylylenediamine in the coatings industry, growth in implementation of environmentally sustainable raw materials & chemicals, rise in demand for technologically advanced products, increase in environmental awareness among individuals and growth in demand for polyurethane products in numerous industries such as construction, automotive, and furniture. Industry growth is further driven by rise in demand for advanced agrochemicals & high-performance specialty chemicals in the agricultural industry, increase in use of organic industrial chemicals and rise in demand for advanced materials & chemicals in various industries like personal care & cosmetics, pharmaceutical, oil & gas, pulp & paper and textile industries.
M-Xylylenediamine is mainly consumed in USA, Japan, and China. Japan is the major production & consumption region. Growing demand from emerging economies such as India and China will also drive this market. It is predicted that future of the global market will be optimistic as a result of rise in use of M-xylylenediamine in the coatings industry during the forecast period.
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Ankur Gupta, Head Marketing & Communications