Piperazine (PIP) Producers and Market Trend

Piperazine is a cyclic ethylene amine with two secondary amine groups. In its pure form, PIP has a freezing point of 106°C and a boiling point of 147°C. Due to its narrow liquid range, commercial piperazine is often supplied as 68% active content diluted with water (PIP 68%). It is also supplied in anhydrous form (PIP 99%) or piperazine flakes.

Figure Brief Production Process of Piperazine

The global Piperazine (PIP) market size was USD 401 million in 2017, growing to USD 572 million in 2022, with a CAGR of 7.4% from 2017 to 2022. The global Piperazine (PIP) market size is expected to reach USD 756 million in 2027, with a CAGR of 5.7% from 2022 to 2027.

Figure 2017-2027 Global Piperazine (PIP) Market Size (Million USD) and CAGR 

The global Piperazine (PIP) market volume was 225 Kilo Tons, growing to 276 Kilo Tons, with a CAGR of 4.2% from 2017 to 2022. The global EDA market size is expected to reach 391 Kilo Tons in 2027, with a CAGR of 7.2% from 2022 to 2027.

Figure 2017-2027 Global Piperazine (PIP) Market Volume (Kilo Tons) and CAGR
Depending on the application, the Piperazine (PIP) market has been categorized into Pharmaceuticals, Specialty Chemicals and Others.