Amines Market

 Amines Market Size and Growth Rate:

Amines Market size is anticipated to reach over USD 33.3 billion by 2026, according to a new study published by Polaris Market Research. In 2017, the personal care segment dominated the global amines industry, in terms of revenue. Asia-Pacific was the leading contributor to the global market revenue in 2017.

Amines Market Growth Drivers:

The rapid growth of the personal care sector, due to the increase in consumer spending on luxury goods and lifestyle worldwide, is expected to be the main driver of the market in the years to come. In addition, it is likely that increasing product penetration in applications such as crop protection chemicals and water and gas treatment will stimulate demand for products in the coming years. The global agriculture market is increasing due to population growth, especially in emerging countries. The agricultural industry is focused on optimizing agricultural yields to meet the growing demand for food production and to address the shortage of fertile land. The growth of the agricultural industry in the BRIC countries has boosted the global market for agricultural chemicals in recent years. In addition, it is also expected that the important paint and coatings industry due to the rapid development of the construction industry will stimulate the amine market.

Amines Market Segmentation Growth:

Personal Care Segmentation will be lead the Amines Market:

The personal care segment is expected to lead the market during the forecast period owing to wide applications in the industry. Amines are used in various personal care products, such as soaps, shaving creams, hand lotions, body washes, shampoos, laundry detergents, cosmetics, cosmetic creams, fragrances, and hair dyes, among others. Increasing disposable income and raising awareness regarding personal hygiene to boost the growth of this segment. Growing demand from emerging economies and the growth of e-commerce platforms are factors expected to provide numerous growth opportunities in the coming years.

Amines Market Regional Existence:

Asia-pacific is expected to lead the global amines industry during the forecast period. A significant rise in the population has been registered over the past few years, boosting the growth of the amines industry. Increasing awareness regarding personal care and hygiene and rising disposable incomes in developing countries of this region augments the market growth in the region.

The increasing application of amines in healthcare and pharmaceutical also supports amines market growth in this region. Use of amines in agriculture, construction, and water treatment further increase the demand for amines in Asia-Pacific. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

Amines Market Prominent Key Players are mentioned in this report:

• Clariant International Ltd.
• Mitsubishi Gas Chemical Company, Inc.
• Solvay S.A.
• DowDuPont
• BASF SE
• Air Products and Chemicals Inc.
• Arkema S.A.
• Huntsman Corporation
• Sinopec Corporation
• Akzo Nobel N.V
• 10 plus More Key Players

Amines Market Detailed Segmentation:

Amines Market - By Type:

• Ethyleneamines
• Fatty Amines
• Ethanolamines
• Specialty Amines
• Alkylamines
• Others

Amines Market - By Application:

• Personal Care
• Oil and Petroleum
• Pharmaceutical
• Agricultural Chemicals
• Cleaning Products
• Water Treatment
• Others

Amines Market - By Geographical Segmentation:

• North America

  • U. S.
  • Canada

• Europe

  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

• Asia-Pacific

  • China
  • India
  • Japan
  • Australia
  • Singapore
  • Korea
  • Rest of Asia-Pacific

• Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

• Middle East and Africa

  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA