Global Amines Market, Size, Trends, By Type (Ethanolamine, Alkylamines, Fatty Amines, Ethylene Amine, Amino Methyl Propanol (AMP), Specialty Amines, Ethanol Amines), By Function (Solvent, Chelating Agent, Corrosion Inhibitor, Bleach Activators, Surfactants), By Application (Agricultural Chemicals, Cleaning Products, Gas Treatment, Personal Care Products, Petroleum, Water Treatment, Others) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Amines Market
With a CAGR of 3.41 % from 2023 to 2030, the Global Amines Market is expected to grow from its estimated value of US$ 19580 Mn in 2022 to US$ 26800 Mn by 2030.
Amines are organic substances that contain a lone pair of nitrogen atoms. These are ammonia derivatives in which aryl or alkyl groups have replaced one or more hydrogen atoms. Because they are utilised in numerous personal care goods, wastewater treatment, crop protection chemicals, gas treatment, medications, paints and coatings, dyes, solvents, and many more items, amines hold an irreplaceable role in human life.
Market Drivers
During the anticipated period, the market for amines is anticipated to rise as a result of the rising demand for liquid detergent. Because of the increased use of washing machines and dishwashers in metropolitan areas, changes in consumer lifestyles, and increases in living standards, the need for liquid detergent is expanding quickly. Due to its capacity to remove stains from fabrics, liquid detergent is becoming increasingly popular among consumers. Therefore, the market will rise as a result of the rising demand for liquid detergent.
The market is anticipated to increase as a result of rising consumer disposable income and awareness of the importance of personal care products. For instance, triethanolamine, an ammonia molecule utilised as an emulsifier or foaming agent in cosmetic and personal care products. Thus, it is projected that the market for amines would rise due to the rising use of triethanolamine in personal care and cosmetics goods.
Market Restraints
Overexposure to amines, particularly methylamines, is subject to strict government restrictions and regulations that will impede market expansion during the forecasted period. Methylamines can seriously restrict market expansion and are damaging to human skin.
During the projection period, changes in the price of raw materials including ethyl alcohol, industrial gases, and ammonia that are needed to make amine could directly affect the market's overall growth.
Market Segmentation
The scope of the Global Amines Market covers segmentation based on By Type, By Function, By Application and By Region.
By Type, the market is segmented into Ethanolamine, Alkylamines, Fatty Amines, Ethylene Amine, Amino Methyl Propanol (AMP), Specialty Amines, Ethanol Amines. By Function, the market is segmented into Solvent, Chelating Agent, Corrosion Inhibitor, Bleach Activators, Surfactants. By Application, the market is segmented into Agricultural Chemicals, Cleaning Products, Gas Treatment, Personal Care Products, Petroleum, Water Treatment, Others.
Regional Analysis
The Global Amines Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Due to the rapidly expanding FMCG sector in emerging economies like India and China, the Asia-Pacific region is anticipated to dominate the amines market. In addition, increasing government involvement in the provision of clean water in developing nations like China, India, and Indonesia will spur future market expansion.
North America is anticipated to experience the quickest growth throughout the projected period due to the region's growing amine demand from the nutraceuticals and animal feed industries. Additionally, the substantial demand for amines from the pharmaceutical industry will support the expansion of this market.
Key Players
Albemarle Corporation, Evonik Industries AG, BASF SE, Eastman Chemical Company, Huntsman International LLC, Solvay, DuPont, Balaji Amine, Indo Amines Limited, Celanese Corporation.
Market Taxonomy
By Type
- Ethanolamine
- Alkylamines
- Fatty Amines
- Ethylene Amine
- Amino Methyl Propanol (AMP)
- Specialty Amines
- Ethanol Amines
- Solvent
- Chelating Agent
- Corrosion Inhibitor
- Bleach Activators
- Surfactants
- Agricultural Chemicals
- Cleaning Products
- Gas Treatment
- Personal Care Products
- Petroleum
- Water Treatment
- Others
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Amines Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing economic downturn.
- 4.2.6 Post covid-19 world Supply& Demand conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Amines Market, By Type
- 5.1 Y-o-Y Growth Comparison, By Type
- 5.2 Global Amines Market Share Analysis, By Type
- 5.3 Global Amines Market Size and Forecast, By Type
- 5.3.1 Ethanolamine
- 5.3.2 Alkylamines
- 5.3.3 Fatty Amines
- 5.3.4 Ethylene Amine
- 5.3.5 Amino Methyl Propanol (AMP)
- 5.3.6 Specialty Amines
- 5.3.7 Ethanol Amines
- 6 Global Amines Market, By Function
- 6.1 Y-o-Y Growth Comparison, By Function
- 6.2 Global Amines Market Share Analysis, By Function
- 6.3 Global Amines Market Size and Forecast, By Function
- 6.3.1 Solvent
- 6.3.2 Chelating Agent
- 6.3.3 Corrosion Inhibitor
- 6.3.4 Bleach Activators
- 6.3.5 Surfactants
- 7 Global Amines Market, By Application
- 7.1 Y-o-Y Growth Comparison, By Application
- 7.2 Global Amines Market Share Analysis, By Application
- 7.3 Global Amines Market Size and Forecast, By Application
- 7.3.1 Agricultural Chemicals
- 7.3.2 Cleaning Products
- 7.3.3 Gas Treatment
- 7.3.4 Personal Care Products
- 7.3.5 Petroleum
- 7.3.6 Water Treatment
- 7.3.7 Others
- 8 Global Amines Market, By Region
- 8.1 Global Amines Market Share Analysis, By Region
- 8.2 Global Amines Market Size and Forecast, By Region
- 8.3 Global Amines Market Trends and Forecast, By Region
- 9 North America Amines Market Analysis and Forecast (2023-2030)
- 9.1 Introduction
- 9.2 North America Amines Market Share Analysis, By Type
- 9.3 North America Amines Market Size and Forecast, By Function
- 9.4 North America Amines Market Size and Forecast, By Application
- 9.5 North America Amines Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.1.1. Market Size and Forecast, By Type
- 9.5.1.2 Market Size and Forecast, By Function
- 9.5.1.3. Market Size and Forecast, By Application
- 9.5.2 Canada
- 9.5.2.1. Market Size and Forecast, By Type
- 9.5.2.2 Market Size and Forecast, By Function
- 9.5.2.3. Market Size and Forecast, By Application
- 9.5.3 Mexico
- 9.5.3.1. Market Size and Forecast, By Type
- 9.5.3.2 Market Size and Forecast, By Function
- 9.5.3.3. Market Size and Forecast, By Application
- 10 Europe Amines Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 Europe Amines Market Share Analysis, By Type
- 10.3 Europe Amines Market Size and Forecast, By Function
- 10.4 Europe Amines Market Size and Forecast, By Application
- 10.5 Europe Amines Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.1.1. Market Size and Forecast, By Type
- 10.5.1.2 Market Size and Forecast, By Function
- 10.5.1.3. Market Size and Forecast, By Application
- 10.5.2 France
- 10.5.2.1. Market Size and Forecast, By Type
- 10.5.2.2 Market Size and Forecast, By Function
- 10.5.2.3. Market Size and Forecast, By Application
- 10.5.3 UK
- 10.5.3.1. Market Size and Forecast, By Type
- 10.5.3.2 Market Size and Forecast, By Function
- 10.5.3.3. Market Size and Forecast, By Application
- 10.5.4. Russia
- 10.5.4.1. Market Size and Forecast, By Type
- 10.5.4.2 Market Size and Forecast, By Function
- 10.5.4.3. Market Size and Forecast, By Application
- 10.5.5. Italy
- 10.5.5.1. Market Size and Forecast, By Type
- 10.5.5.2 Market Size and Forecast, By Function
- 10.5.5.3. Market Size and Forecast, By Application
- 10.5.6. Spain
- 10.5.6.1. Market Size and Forecast, By Type
- 10.5.6.2 Market Size and Forecast, By Function
- 10.5.6.3. Market Size and Forecast, By Application
- 10.5.7. Rest of Europe
- 10.5.7.1. Market Size and Forecast, By Type
- 10.5.7.2 Market Size and Forecast, By Function
- 10.5.7.3. Market Size and Forecast, By Application
- 11 Asia Pacific Amines Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Asia Pacific Amines Market Share Analysis, By Type
- 11.3 Asia Pacific Amines Market Size and Forecast, By Function
- 11.4 Asia Pacific Amines Market Size and Forecast, By Application
- 11.5 Asia Pacific Amines Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.1.1. Market Size and Forecast, By Type
- 11.5.1.2 Market Size and Forecast, By Function
- 11.5.1.3. Market Size and Forecast, By Application
- 11.5.2 Japan
- 11.5.2.1. Market Size and Forecast, By Type
- 11.5.2.2 Market Size and Forecast, By Function
- 11.5.2.3. Market Size and Forecast, By Application
- 11.5.3 India
- 11.5.3.1. Market Size and Forecast, By Type
- 11.5.3.2 Market Size and Forecast, By Function
- 11.5.3.3. Market Size and Forecast, By Application
- 11.5.4. South Korea
- 11.5.4.1. Market Size and Forecast, By Type
- 11.5.4.2 Market Size and Forecast, By Function
- 11.5.4.3. Market Size and Forecast, By Application
- 11.5.5. Australia
- 11.5.5.1. Market Size and Forecast, By Type
- 11.5.5.2 Market Size and Forecast, By Function
- 11.5.5.3. Market Size and Forecast, By Application
- 11.5.6. New Zealand
- 11.5.6.1. Market Size and Forecast, By Type
- 11.5.6.2 Market Size and Forecast, By Function
- 11.5.6.3. Market Size and Forecast, By Application
- 11.5.7. Singapore
- 11.5.7.1. Market Size and Forecast, By Type
- 11.5.7.2 Market Size and Forecast, By Function
- 11.5.7.3. Market Size and Forecast, By Application
- 11.5.8. Malaysia
- 11.5.8.1. Market Size and Forecast, By Type
- 11.5.8.2 Market Size and Forecast, By Function
- 11.5.8.3. Market Size and Forecast, By Application
- 11.5.9. Rest of Asia
- 11.5.9.1. Market Size and Forecast, By Type
- 11.5.9.2 Market Size and Forecast, By Function
- 11.5.9.3. Market Size and Forecast, By Application
- 12 Latin America Amines Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Latin America Amines Market Share Analysis, By Type
- 12.3 Latin America Amines Market Size and Forecast, By Function
- 12.4 Latin America Amines Market Size and Forecast, By Application
- 12.5 Latin America Amines Market Size and Forecast, By Country
- 12.5.1 Brazil
- 12.5.1.1. Market Size and Forecast, By Type
- 12.5.1.2 Market Size and Forecast, By Function
- 12.5.1.3. Market Size and Forecast, By Application
- 12.5.2 Argentina
- 12.5.2.1. Market Size and Forecast, By Type
- 12.5.2.2 Market Size and Forecast, By Function
- 12.5.2.3. Market Size and Forecast, By Application
- 12.5.3. Colombia
- 12.5.3.1. Market Size and Forecast, By Type
- 12.5.3.2 Market Size and Forecast, By Function
- 12.5.3.3. Market Size and Forecast, By Application
- 12.5.4. Peru
- 12.5.4.1. Market Size and Forecast, By Type
- 12.5.4.2 Market Size and Forecast, By Function
- 12.5.4.3. Market Size and Forecast, By Application
- 12.5.5. Chile
- 12.5.5.1. Market Size and Forecast, By Type
- 12.5.5.2 Market Size and Forecast, By Function
- 12.5.5.3. Market Size and Forecast, By Application
- 12.5.6. Venezuela
- 12.5.6.1. Market Size and Forecast, By Type
- 12.5.6.2 Market Size and Forecast, By Function
- 12.5.6.3. Market Size and Forecast, By Application
- 12.5.7. Rest of Latin America
- 12.5.7.1. Market Size and Forecast, By Type
- 12.5.7.2 Market Size and Forecast, By Function
- 12.5.7.3. Market Size and Forecast, By Application
- 13 Middle East Amines Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Middle East Amines Market Share Analysis, By Type
- 13.3 Middle East Amines Market Size and Forecast, By Function
- 13.4 Middle East Amines Market Size and Forecast, By Application
- 13.5 Middle East Amines Market Size and Forecast, By Country
- 13.5.1. Saudi Arabia
- 13.5.1.1. Market Size and Forecast, By Type
- 13.5.1.2 Market Size and Forecast, By Function
- 13.5.1.3. Market Size and Forecast, By Application
- 13.5.2 UAE
- 13.5.2.1. Market Size and Forecast, By Type
- 13.5.2.2 Market Size and Forecast, By Function
- 13.5.2.3. Market Size and Forecast, By Application
- 13.5.3 Egypt
- 13.5.3.1. Market Size and Forecast, By Type
- 13.5.3.2 Market Size and Forecast, By Function
- 13.5.3.3. Market Size and Forecast, By Application
- 13.5.4 Kuwait
- 13.5.4.1. Market Size and Forecast, By Type
- 13.5.4.2 Market Size and Forecast, By Function
- 13.5.4.3. Market Size and Forecast, By Application
- 13.5.5 South Africa
- 13.5.5.1 Market Size and Forecast, By Type
- 13.5.5.2 Market Size and Forecast, By Function
- 13.5.5.3 Market Size and Forecast, By Application
- 13.5.6 Rest of Middle East & Africa
- 13.5.6.1 Market Size and Forecast, By Type
- 13.5.6.2 Market Size and Forecast, By Function
- 13.5.6.3 Market Size and Forecast, By Application
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 Albemarle Corporation
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. Evonik Industries AG
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. BASF SE
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Eastman Chemical Company
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15. Huntsman International LLC
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Solvay
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 DuPont
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Balaji Amine
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Indo Amines Limited
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Celanese Corporation
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.Global Amines Market
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