Global Amines Market By Product (Ethanol Amines, Fatty Amines, Alkyl Amines, Others), By Application (Crop Protection, Surfactants, Water Treatment, Personal Care, Gas Treatment, Others), By Region, Competition, Forecast and Opportunities, 2028

October 2023 | 186 pages | ID: G271F1169828EN
TechSci Research

Abstracts

The Global Amines Market achieved a valuation of USD 13.67 billion in 2022, and it is poised for robust growth throughout the forecast period with a projected Compound Annual Growth Rate (CAGR) of 4.19% until 2028 and is expected to reach at USD 17.35 billion by 2028. Amines find application in the agricultural sector as a source of nitrogen and natural fertilizers. The buoyant growth of this sector, fueled by the rising demand for enhanced crop yield and superior crop protection, is driving the need for amines. Their usage in agrochemicals to enhance the solubility of pesticides in water is also contributing to the market's expansion.

Moreover, amines play a pivotal role in plastic softening and the removal of carbon dioxide from ammonia gas, facilitating the production of synthetic ammonia and further propelling market growth. A diverse array of industries, including chemicals, energy, and plastics, reap the benefits of amines' applications, which support market growth. The rapid growth of the construction and infrastructure sector further contributes to market expansion. Amines also serve as additives in paint coatings, and recent technological advancements have led to the development of high-quality amines optimized for this purpose. Multifunctional amines, for instance, provide exceptional co-dispersion, viscosity stability, film performance, and additive optimization for waterproof coatings, thereby catalyzing growth in the amine market. Additionally, their emulsification properties make amines vital in various industrial sectors, including gas treatment and chemical manufacturing, adding to the industry's growth trajectory.

Key Market Drivers

Growing Usage of Amines in Personal Care and Cosmetics Products: Amines offer numerous medicinal benefits and aid in treating severe allergic reactions triggered by factors like insect bites, stings, medications, and more. This medical application spurs market growth. Furthermore, heightened hygiene awareness due to the global pandemic has amplified the demand for personal and household cleansing products, further driving market growth. Amines feature in various cleaning products, including floor and tile cleaners, as well as laundry detergents, effectively tackling dirt, grease, and stains, thus contributing to market expansion. The thriving cosmetics industry also bolsters the amines market. Amines play a critical role in personal care and cosmetics products by regulating pH levels and reducing surface tension. They are extensively used in cosmetics like eyeliner, mascara, hair care products, sunscreens, and skin cleansing products, among others, driving further market growth. The growing awareness of safe water consumption also fuels industry growth. Amines aid in mitigating the effects of carbon dioxide and other acids, as well as in controlling water pH. With a significant portion of the global population lacking access to basic drinking-water services, the rising awareness of contaminated water and measures taken for safe drinking water are expected to drive market growth.

Increasing Demand for Liquid Detergent: Amines, versatile organic compounds, have multifaceted applications across industries. The escalating demand for liquid detergents is a key driver behind the global amines market's growth. Amines, derived from ammonia, play a crucial role in formulating liquid detergents. They serve as surfactants, reducing water surface tension and enhancing its interaction with oils and hydrophobic substances. This characteristic makes amines indispensable in creating detergents that effectively remove stains, dirt, and oils from fabrics and surfaces. The preference for convenience and efficiency, driven by evolving consumer lifestyles and advancing technology, has elevated the demand for liquid detergents. Additionally, liquid detergents often exhibit a lower environmental impact, being effective in cold water washes, thereby saving energy. The surge in demand for environmentally friendly alternatives further propels the liquid detergent market. The rise in urbanization, leading to smaller living spaces and higher population densities, has increased the need for compact and versatile cleaning solutions. Liquid detergents fulfill this requirement by offering efficiency while consuming less storage space.

Growing Demand of Amines for Water Treatment: The global amines market has experienced significant growth, primarily driven by the increasing demand for amines in water treatment applications. Amines, characterized by their nitrogen content, are organic compounds that find extensive utility across diverse industries. Their role in water treatment has gained attention due to concerns about water quality and environmental sustainability. One key application of amines in water treatment is their use as corrosion inhibitors. Corrosion of water infrastructure and industrial equipment can result in structural damage, increased maintenance costs, and potential health risks. Amines can form a protective layer on metal surfaces, preventing metal-water interaction and mitigating corrosion. Additionally, amines play a significant role in pH control. Acting as acid and base neutralizers, amines help maintain desired pH levels in water treatment processes, ensuring the efficiency of chemical reactions and minimizing adverse effects. Industries such as power generation, petrochemicals, pulp and paper, and textiles rely heavily on water in their processes. The expansion of these industries, particularly in developing economies, drives demand for efficient water treatment methods, increasing the need for amines. Growing awareness of water scarcity, pollution, and environmental sustainability prompts industries to adopt responsible practices, where amines offer a viable solution for addressing water-related challenges in an eco-friendly manner.

Key Market Players

• Arkema S.A.
• Akzo Nobel N.V.
• BASF SE
• SABIC
• The Dow Chemical Company
• Huntsman Corporation
• Mitsubishi Gas Chemical Company
• Taminco Corporation
• Celanese Corporation
• Solvay S.A.

Report Scope:

In this report, the Global Amines Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Amines Market, By Product:
• Ethanol Amines
• Fatty Amines
• Alkyl Amines
• Others
• Amines Market, By Application:
• Crop Protection
• Surfactants
• Water Treatment
• Personal Care
• Gas Treatment
• Others
• Amines Market, By Region:
• Asia Pacific
• North America
• Europe
• Middle East & Africa
• South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Amines Market.

Available Customizations:

Global Amines Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
  1.2.1. Markets Covered
  1.2.2. Years Considered for Study
  1.2.3. Key Market Segmentations

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Applications
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. EXECUTIVE SUMMARY

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. IMPACT OF COVID-19 ON GLOBAL AMINES MARKET


5. VOICE OF CUSTOMER


6. GLOBAL AMINES MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value & Volume
6.2. Market Share & Forecast
  6.2.1. By Product (Ethanol Amines, Fatty Amines, Alkyl Amines, Others)
  6.2.2. By Application (Crop Protection, Surfactants, Water Treatment, Personal Care, Gas Treatment, Others)
  6.2.3. By Region
  6.2.4. By Company (2022)
6.3. Product Market Map

7. ASIA PACIFIC AMINES MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value & Volume
7.2. Market Share & Forecast
  7.2.1. By Product
  7.2.2. By Application
  7.2.3. By Country
7.3. Asia Pacific: Country Analysis
  7.3.1. China Amines Market Outlook
    7.3.1.1. Market Size & Forecast
      7.3.1.1.1. By Value & Volume
    7.3.1.2. Market Share & Forecast
      7.3.1.2.1. By Product
      7.3.1.2.2. By Application
  7.3.2. India Amines Market Outlook
    7.3.2.1. Market Size & Forecast
      7.3.2.1.1. By Value & Volume
    7.3.2.2. Market Share & Forecast
      7.3.2.2.1. By Product
      7.3.2.2.2. By Application
  7.3.3. Australia Amines Market Outlook
    7.3.3.1. Market Size & Forecast
      7.3.3.1.1. By Value & Volume
    7.3.3.2. Market Share & Forecast
      7.3.3.2.1. By Product
      7.3.3.2.2. By Application
  7.3.4. Japan Amines Market Outlook
    7.3.4.1. Market Size & Forecast
      7.3.4.1.1. By Value & Volume
    7.3.4.2. Market Share & Forecast
      7.3.4.2.1. By Product
      7.3.4.2.2. By Application
  7.3.5. South Korea Amines Market Outlook
    7.3.5.1. Market Size & Forecast
      7.3.5.1.1. By Value & Volume
    7.3.5.2. Market Share & Forecast
      7.3.5.2.1. By Product
      7.3.5.2.2. By Application

8. EUROPE AMINES MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value & Volume
8.2. Market Share & Forecast
  8.2.1. By Product
  8.2.2. By Application
  8.2.3. By Country
8.3. Europe: Country Analysis
  8.3.1. France Amines Market Outlook
    8.3.1.1. Market Size & Forecast
      8.3.1.1.1. By Value & Volume
    8.3.1.2. Market Share & Forecast
      8.3.1.2.1. By Product
      8.3.1.2.2. By Application
  8.3.2. Germany Amines Market Outlook
    8.3.2.1. Market Size & Forecast
      8.3.2.1.1. By Value & Volume
    8.3.2.2. Market Share & Forecast
      8.3.2.2.1. By Product
      8.3.2.2.2. By Application
  8.3.3. Spain Amines Market Outlook
    8.3.3.1. Market Size & Forecast
      8.3.3.1.1. By Value & Volume
    8.3.3.2. Market Share & Forecast
      8.3.3.2.1. By Product
      8.3.3.2.2. By Application
  8.3.4. Italy Amines Market Outlook
    8.3.4.1. Market Size & Forecast
      8.3.4.1.1. By Value & Volume
    8.3.4.2. Market Share & Forecast
      8.3.4.2.1. By Product
      8.3.4.2.2. By Application
  8.3.5. United Kingdom Amines Market Outlook
    8.3.5.1. Market Size & Forecast
      8.3.5.1.1. By Value & Volume
    8.3.5.2. Market Share & Forecast
      8.3.5.2.1. By Product
      8.3.5.2.2. By Application
      8.3.5.2.3. B

9. NORTH AMERICA AMINES MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value & Volume
9.2. Market Share & Forecast
  9.2.1. By Product
  9.2.2. By Application
  9.2.3. By Country
9.3. North America: Country Analysis
  9.3.1. United States Amines Market Outlook
    9.3.1.1. Market Size & Forecast
      9.3.1.1.1. By Value & Volume
    9.3.1.2. Market Share & Forecast
      9.3.1.2.1. By Product
      9.3.1.2.2. By Application
  9.3.2. Mexico Amines Market Outlook
    9.3.2.1. Market Size & Forecast
      9.3.2.1.1. By Value & Volume
    9.3.2.2. Market Share & Forecast
      9.3.2.2.1. By Product
      9.3.2.2.2. By Application
  9.3.3. Canada Amines Market Outlook
    9.3.3.1. Market Size & Forecast
      9.3.3.1.1. By Value & Volume
    9.3.3.2. Market Share & Forecast
      9.3.3.2.1. By Product
      9.3.3.2.2. By Application

10. SOUTH AMERICA AMINES MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value & Volume
10.2. Market Share & Forecast
  10.2.1. By Product
  10.2.2. By Application
  10.2.3. By Country
10.3. South America: Country Analysis
  10.3.1. Brazil Amines Market Outlook
    10.3.1.1. Market Size & Forecast
      10.3.1.1.1. By Value & Volume
    10.3.1.2. Market Share & Forecast
      10.3.1.2.1. By Product
      10.3.1.2.2. By Application
  10.3.2. Argentina Amines Market Outlook
    10.3.2.1. Market Size & Forecast
      10.3.2.1.1. By Value & Volume
    10.3.2.2. Market Share & Forecast
      10.3.2.2.1. By Product
      10.3.2.2.2. By Application
  10.3.3. Colombia Amines Market Outlook
    10.3.3.1. Market Size & Forecast
      10.3.3.1.1. By Value & Volume
    10.3.3.2. Market Share & Forecast
      10.3.3.2.1. By Product
      10.3.3.2.2. By Application

11. MIDDLE EAST AND AFRICA AMINES MARKET OUTLOOK

11.1. Market Size & Forecast
  11.1.1. By Value & Volume
11.2. Market Share & Forecast
  11.2.1. By Product
  11.2.2. By Application
  11.2.3. By Country
11.3. MEA: Country Analysis
  11.3.1. South Africa Amines Market Outlook
    11.3.1.1. Market Size & Forecast
      11.3.1.1.1. By Value & Volume
    11.3.1.2. Market Share & Forecast
      11.3.1.2.1. By Product
      11.3.1.2.2. By Application
  11.3.2. Saudi Arabia Amines Market Outlook
    11.3.2.1. Market Size & Forecast
      11.3.2.1.1. By Value & Volume
    11.3.2.2. Market Share & Forecast
      11.3.2.2.1. By Product
      11.3.2.2.2. By Application
  11.3.3. UAE Amines Market Outlook
    11.3.3.1. Market Size & Forecast
      11.3.3.1.1. By Value & Volume
    11.3.3.2. Market Share & Forecast
      11.3.3.2.1. By Product
      11.3.3.2.2. By Application

12. MARKET DYNAMICS

12.1. Drivers
12.2. Challenges

13. MARKET TRENDS & DEVELOPMENTS

13.1. Recent Developments
13.2. Product Launches
13.3. Mergers & Acquisitions

14. GLOBAL AMINES MARKET : SWOT ANALYSIS


15. PORTER’S FIVE FORCES ANALYSIS

15.1. Competition in the Industry
15.2. Potential of New Entrants
15.3. Power of Suppliers
15.4. Power of Customers
15.5. Threat of Substitute Product

16. PESTLE ANALYSIS


17. PRICING ANALYSIS


18. COMPETITIVE LANDSCAPE

18.1. Business Overview
18.2. Company Snapshot
18.3. Products & Services
18.4. Financials (In case of listed companies)
18.5. Recent Developments
18.6. SWOT Analysis
  18.6.1. Arkema S.A.
  18.6.2. Akzo Nobel N.V.
  18.6.3. BASF SE
  18.6.4. SABIC
  18.6.5. The Dow Chemical Company
  18.6.6. Huntsman Corporation
  18.6.7. Mitsubishi Gas Chemical Company
  18.6.8. Taminco Corporation
  18.6.9. Celanese Corporation
  18.6.10. Solvay S.A.

19. STRATEGIC RECOMMENDATIONS


20. ABOUT US & DISCLAIMER