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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Amines Market Analysis by Region
Asia Pacific’s market share is driven by the rapidly expanding manufacturing sector in emerging markets like China and India
Asia Pacific dominates the market because the thriving manufacturing sector of APAC, particularly in chemicals, pharmaceuticals, and agriculture is fuelling the the demand for amines. Additionally, the increasing investments in infrastructure further bolsters amines market expansion. In September 2022, Global Amines Co. (Singapore) started a new fatty amine plant in Surabaya, Indonesia, enhancing supply to Southeast Asia and global customers. The plant is strategically located in the world's largest integrated oleochemical site, providing easy access to key feedstocks.
North America emerged as the second-largest market in the market report as the pharmaceutical business in Canada is a globally recognised. The United States also significantly contributes to the market, with companies like Eastman Chemical Company (Taminco) and AkzoNobel operating in the region.
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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India
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+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124