
A new report published by Transparency Market Research says that the rise in demand for morpholine from end-use industries such as automotive, pharmaceutical, household care, biocides and fungicides, and agrochemicals is predicted to propel the morpholine market during the forecast period i.e., 2017-2025.
Morpholine is a hydroscopic liquid, which is clear as well as colorless in appearance. This hydroscopic liquid has amine odor characteristics as well. Morpholine is commonly produced by the dehydration of diethanolamine with sulfuric acid. With maximum content of 0.3%, morpholine is completely miscible in organic solvents and water as well.
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The report has segmented the morpholine market based on the derivative type, application, end-use industry and geography. In terms of derivate type, the market is categorized into N-ethylmorpholine (NEM), N-methylmorpholine (NMM), aqueous solution (NMMO), N-methylmorpholine oxide, and Aminopropylmorpholine (APM).
Among these, NMM is used as stabilizer for chlorinated hydrocarbons and as an extraction solvent as well. Additionally, NMM is utilized in the chemical preparation of self-polishing waxes, corrosion inhibitors, pharmaceuticals and oil emulsions. Furthermore, APM is employed as additive for fuels and lube oils and as an intermediate for printing dyes.
The report predicts that the NEM and NMM segments will expand at rapid pace during the forecast period due to rising demand for morpholine from pharmaceutical industry. Also, NMMO will account for a substantial share of the morpholine market owing to the rise in its demand from films and fiber applications.
In terms of the regional perspective, the global morpholine market is split into Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific region is prognosticated to dominate the global morpholine market during the forecast timeframe. With China being the prominent market in the region, many players are looking to expand in the region by setting up new plants in the country. Moreover, North America and Europe also contribute significant share to the morpholine market.
The morpholine market is very competitive owing to the presence of key players in the market. Also, the local supplier and manufacturers in the Asia Pacific region play a major role in driving the morpholine market. Some of the key players are included in this TMR report and those are Tokyo Chemical Industry Co., Ltd, BASF SE, Huntsman Corporation, and DSW Chemical.
The report has segmented the morpholine market based on the derivative type, application, end-use industry and geography. On the basis of application, the morpholine market is categorized into rubber chemical intermediates, corrosion inhibitors, catalysts, optical brighteners, antioxidants, separating agents, wax emulsifiers, and surface active agents.
Morpholine, under the catalyst application, is used as a gelling agent in the manufacturing of alumina catalysts for the treatment of hydrocarbons. Additionally, chemical and physical properties of morpholine make it an ideal choice in various purification procedures. Morpholine is also used as an important intermediate in the manufacturing of optical brighteners. Therefore, rise in demand for morpholine from soap and detergent applications will directly fuel the morpholine market during the forecast timeframe.
To know more about each segment of the morpholine market and the overall market outlook, click here.
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