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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Amines Market Size
The global amines market is expected to grow in the forecast period of 2024-2032 at a CAGR of 4%.
Amines Market Outlook
- The market is driven by increasing demand for surfactants and personal care products, as well as the use of amines in crop protection and water treatment.
- Amines are used in medicine manufacturing, particularly for the development of decongestant like Ephdera and pain relievers like Morphine and Demerol.
- Amines play important roles in biological processes, such as neurotransmission and the production of amino acids, which are the building blocks of proteins.
Amines Market Report Snapshots
Amines Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The amines market value is expected to grow at a CAGR of 4% between 2024 and 2032.
The major drivers of the market include the robust growth of the agricultural sector, the rising usage of amines to reduce surface tension and control the pH of cosmetics and personal care products, and the growing end-uses of amines in the chemical and energy sectors.
Key trends aiding market expansion include the medicinal benefits of amines, the rising hygiene consciousness, and the increasing consumer awareness of the use of safe water.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major types of amines included in the market are ethanolamine, fatty amines, and alkylamines, among others.
Based on type, ethanolamine has the largest share in the market.
The significant applications of amines are crop protection, surfactants, water treatment, personal care, and gas treatment, among others.
Key players in the market are Arkema S.A., Dow Chemical Company, Huntsman International LLC, Solvay S.A., and Lanxess AG, among others.
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