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Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Amines are intermediates chemical compound that is used in the manufacturing of other chemical products. It is produced by alkylation of alcohols or reduction of nitriles. They are categorized into primary amines, secondary amines, tertiary amines, and cyclic amines. Amines are widely used in the production of herbicide formulations, cement and concrete, corrosion inhibitors, chelating agents, and petroleum products.

The global amines market is projected to reach around US$ 17,675.1 million by the end of 2027, in terms of revenue, growing at CAGR of 3.5% during the forecast period (2020-2027).

Drivers

High demand for agricultural chemicals such as herbicides and pesticides is expected to augment the market growth of amines. Ethanolamine and ethylenediamine are widely used in the production of agricultural chemicals. The growing need for crop protection and high yield crops in order to meet the rising demand for food due to the increasing population is expected to foster the market growth of the amines.

Figure 1. Global Amines Market Share (%) in terms of Value, By Region, in 2019

Amines  | Coherent Market Insights

North America region dominated the global amines market in 2019, accounting for 34.3% share in terms of value, followed by Asia Pacific and Europe, respectively.

Market Restraints

The growing use of bio-based products for agriculture chemicals and products is expected to act as a restraining factor for the market of amines.

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Amines Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 13,405.9 Million
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 3.5% 2027 Value Projection: US$ 17,675.1 Million
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Africa
Segments covered:
  • By Product Type: Ethanolamine, alkyl amines, fatty amines and Others
  • By Application: Crop protection chemicals, water treatment, personal care, surfactants, and others
Companies covered:

Arkema SA, AkzoNobel N.V., Alkyl Amines Chemicals Ltd., BASF SE, BASF-YPC Company Limited, The Dow Chemical Company, Huntsman Corporation, and Mitsubishi Gas Chemical Company Inc.

Growth Drivers:
  • High demand for agricultural chemicals such as herbicides and pesticides
  • Growing demand for surfactants from various applications such as agricultural formulations, fabric softeners, biocides, detergents, and emulsifiers
Restraints & Challenges:
  • The growing use of bio-based products for agrochemicals

Market Opportunities

Growing demand for amines from the pharmaceutical industry for manufacturing of pain killers is expected to offer immense growth opportunities for the market of amines. Morphine and Demerol are mainly used as analgesics. Growing geriatric populations coupled with the rising prevalence of the various chronic disease is fueling demand for healthcare needs. Thus, the growth of the pharmaceutical industry is escalating the market growth of amines. 

The rise in the personal care industry where amines are used in the manufacturing of toiletries, skincare, hair care, cosmetics, and fragrances products are projected to offer lucrative market opportunities. Change in lifestyle is increasing the spending power of consumers on personal care and hygiene products. Moreover, the emergence of online channels is further increasing the sale of personal care products, thereby augmenting the market growth of amines. 

Figure 2. Global Amines Market– Opportunity Analysis

Amines  | Coherent Market Insights

Market Trends

Alkylamines and fatty amines are gaining traction in the market due to growing demand for the production of corrosion anti-cackling agents, inhibitors, emulsifiers, froth flotation agents, and additives are expected to fuel market growth. Increasing demand for cleaners and detergents is also expected to foster the market growth of amines. Thus, the growing popularity of alkylamines and fatty amines are propelling the market growth of the amines.

Figure 3. Global Amines Market Share (%) in terms of Value, By Application, in 2019

Amines  | Coherent Market Insights

On the basis of application in 2019, the crop protection chemicals segment has accounted the largest market share of 27.7% in terms of value, followed by surfactants and others segment respectively.

Global Amines Market - Impact of Coronavirus (Covid-19) Pandemic

Many countries across the globe resorted to lockdowns to flatten the curve of the infection. The lockdowns have resulted in shutting of businesses and ceasing of almost all economic activities. According to International Monetary Fund, the global economy is expected to contract sharply by -3.0% in 2020, which is much worse than 2008-09 financial crisis. The virus will impact major producers of agrochemicals, and the entire ecosystem of agrochemicals including raw materials suppliers, formulators, distributors, and retailers. This is expected to impact demand of amines during the pandemic. According to Coherent Market Insights, amines market is expected to grow at a lower CAGR between 2020 and 2021.

Competitive Section:

Company Names 

  1. Arkema SA
  2. AkzoNobel N.V.
  3. Alkyl Amines Chemicals Ltd.
  4. BASF SE
  5. BASF-YPC Company Limited
  6. The Dow Chemical Company
  7. Huntsman Corporation
  8. Mitsubishi Gas Chemical Company Inc.

Few Recent Developments

  • In September 2017, BASF has announced a plan to open a new specialty amines plant at its site in Nanjing Chemical Industry Park in China. The new multi-product plant can manufacture 21,000 metric tons per year.
  • In April 2019, BASF has announced to increase the production capacity of Alkylethanolamines (AEOA) by 20 percent at the BASF Verbund site in Ludwigshafen.

Amines are intermediates chemical compound that is used in the manufacturing of other chemical products. It is produced by alkylation of alcohols or reduction of nitriles. They are categorized into primary amines, secondary amines, tertiary amines, and cyclic amines. Amines are widely used in the production of herbicide formulations, cement and concrete, corrosion inhibitors, chelating agents, and petroleum products.

Market Dynamics

Growing demand for surfactants from various applications such as agricultural formulations, fabric softeners, biocides, detergents, and emulsifiers. Growth in the textile industry is another major factor fueling demand for surfactants. Surfactants are also used in the production of various agricultural chemical products. All these factors are expected to augment the market growth of the amines over the forecast period.

Rapidly growing end-user industries such as construction, energy, manufacturing, and FMCG are creating demand for amines. Growth in the chemical industries due to increasing investment in the industry coupled with the rising production of chemicals due to growing demand for various end-user industries will favor the market growth over the forecast period. Hence, the rapidly growing end-user industry is expected to bolster the market growth of the amines.

Fluctuating prices of raw materials used in the manufacturing of amines and its derivatives are expected to hamper the market growth of amines. The chemical commodities market has experienced an upward trend of prices for ammonia which has direct impact on overall price of amines.

Key features of the study:

  • This report provides in-depth analysis of the global amines market and provides market size (US$ Million & Tons) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
  • This study also provides impact analysis of Coronavirus (Covid-19) pandemic on amines market.
  • It profiles key players in the global amines market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Arkema SA, AkzoNobel N.V., Alkyl Amines Chemicals Ltd., BASF SE, BASF-YPC Company Limited, The Dow Chemical Company, Huntsman Corporation, and Mitsubishi Gas Chemical Company Inc.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global amines market report caters to various stakeholders in this industry including investors, suppliers, amines manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the amines market

Detailed Segmentation:

  • Global Amines Market, By Product Type:
    • Ethanolamines
    • Alkylamines
    • Fatty amines
    • Others
  • Global Amines Market, By Application:
    • Crop Protection Chemicals
    • Water Treatment
    • Personal Care
    • Surfactants
    • Others
  • Global Amines Market, By Region:
    • North America
      • U.S.
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Canada
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
    • Europe
      • U.K.
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Germany
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • France
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Italy
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Spain
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Russia
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Rest of Europe
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
    • Asia Pacific
      • China
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • India
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Japan
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • ASEAN
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Australia
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • South Korea
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Rest of Asia Pacific
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
    • Latin America
      • Brazil
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Mexico
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Rest of Latin America
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
    • Middle East & Africa
      • Middle East
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
      • Africa
        • By Product Type
          • Ethanolamines
          • Alkylamines
          • Fatty amines
          • Others
        • By Application
          • Crop Protection Chemicals
          • Water Treatment
          • Personal Care
          • Surfactants
          • Others
  • Company Profiles
    • Arkema SA *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • AkzoNobel N.V.
    • Alkyl Amines Chemicals Ltd.
    • BASF SE
    • BASF-YPC Company Limited
    • The Dow Chemical Company
    • Huntsman Corporation
    • Mitsubishi Gas Chemical Company Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Amines Market – Impact of Coronavirus (Covid-19) Pandemic
    • Impact of Coronavirus – Overview
    • Impact Analysis, By Region
      • North America
      • Latin America
      • Europe
      • Asia Pacific
      • Middle East
      • Africa
  5. Global Amines Market, By Product Type, 2017 - 2027 (US$ Million & Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Ethanolamines
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Alkylamines
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Fatty Amines
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
  6. Global Amines Market, By Application, 2017 - 2027 (US$ Million & Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Crop Protection Chemicals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Water Treatment
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Personal Care
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Surfactants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
  7. Global Amines Market, By Region, 2017- 2027 (US$ Million & Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Region, 2020 – 2027 (%)
    • North America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
    • Middle East & Africa
      • Market Share Analysis, By Sub-Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Sub-Region, 2020 – 2027 (%)
        • Middle East
          • Sub-region Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Africa
          • Sub-region Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Arkema SA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • AkzoNobel N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Alkyl Amines Chemicals Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • BASF SE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • BASF-YPC Company Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • The Dow Chemical Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Huntsman Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Mitsubishi Gas Chemical Company Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

Frequently Asked Questions

The market for amines is estimated to surpass US$ 17,675.1 million by 2027, exhibiting a CAGR of 3.5% between 2020 and 2027.
Growing demand for surfactants from various applications such as agricultural formulations, fabric softeners, biocides, detergents, and emulsifiers. Growth in the textile industry is another major factor fueling demand for surfactants. Surfactants are also used in the production of various agricultural chemical products. All these factors are expected to augment the market growth of the amines over the forecast period.
The amines market is expected to exhibit a CAGR of 3.5% during the forecast period (2020-2027).
Major players operating in the global amines market include Arkema SA, AkzoNobel N.V., Alkyl Amines Chemicals Ltd., BASF SE, BASF-YPC Company Limited, The Dow Chemical Company, Huntsman Corporation, and Mitsubishi Gas Chemical Company Inc.
The growing use of bio-based products for agriculture chemicals and products is expected to act as a restraining factor for the market of amines.
Alkylamines and fatty amines are gaining traction in the market due to growing demand for the production of corrosion anti-cackling agents, inhibitors, emulsifiers, froth flotation agents, and additives are expected to fuel market growth. Increasing demand for cleaners and detergents is also expected to foster the market growth of amines. Thus, the growing popularity of alkylamines and fatty amines are propelling the market growth of the amines.
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