Morpholine Market Size, Share, Growth, Trends, and Opportunities by 2025

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Morpholine is a hydroscopic liquid. It is colorless and clear in appearance, with amine odor characteristics. Generally, it is produced by the dehydration of diethanolamine with sulfuric acid. Morpholine has maximum water content of 0.3%, i.e. it is completely miscible in water and also in organic solvents. Morpholine is a versatile chemical, as it is a hydroscopic liquid and also a solvent for various organic materials such as dyes, resins, waxes, casein, and shellac. It is used in many applications owing to its versatility. For instance, morpholine is used as an intermediate in the manufacture of rubber chemicals and as optical brightener in the detergent industry.

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It is also employed extensively as a corrosion inhibitor in steam boiler systems. Rise in demand for morpholine in end-use industries such as automotive, household care, pharmaceutical, biocides and fungicides, and agrochemicals is expected to augment the morpholine market during the forecast period. However, health hazards related to the production of morpholine are anticipated to restrain the market.

Based on derivative type, the morpholine market can be segmented into N-methylmorpholine (NMM), N-ethylmorpholine (NEM), N-methylmorpholine oxide, aqueous solution (NMMO), and Aminopropylmorpholine (APM). NMM is used as stabilizer for chlorinated hydrocarbons. It is also used as an extraction solvent. Furthermore, NMM is employed in the chemical preparation of self-polishing waxes, corrosion inhibitors, oil emulsions, and pharmaceuticals. APM is used as an intermediate for printing dyes, and also as an additive for fuels and lube oils.

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NMM and NEM segments are estimated to expand at a fast pace during the forecast period owing to the rise in demand from the pharmaceutical industry. NMMO also accounts for significant share of the morpholine market, due to the increase in its demand in films and fiber applications.

The morpholine market is highly competitive as there is presence of major players in the market and also the market experiences a major contribution from the local supplier and manufacturers in the Asia Pacific region. Some of the key player identified in the morpholine market are, Tokyo Chemical Industry Co., Ltd, Huntsman Corporation, BASF SE, and DSW Chemical.

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