Amines Market Key Highlights:
- Market Size (2023): USD 15.13 Billion
- Projected Market Size (2034): USD 25.34 Billion
- CAGR (2023-2034): 4.8%
Pricing Analysis:
- Price Growth
- Regional Variations
Volume Analysis:
Import-Export Data
- Major Importers
- Major Exporters
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Price by Manufacturer
- Examination of pricing strategies adopted by various manufacturers.
Amines Market Definition
The amines market include containing with a lone pair of nitrogen atoms. This market is growing due to use of these chemical compounds will help companies produce agricultural chemicals with less toxicity and improved efficiency. Some companies are working to produce antibiotics with these chemicals that will be easier to use against target species of plants.
- As of 2024, the pharmaceutical and agricultural chemical industry is expected to account for more than 40% of total demand by 2024, and demand for amines is expected to increase to 2.5 times the current price by 2034.
The demand for amines market continues to grow as amines help in the synthesis of different types of dopamine, histamine, serotonin, vitamins, epinephrine, and norepinephrine. The rise in chronic diseases is encouraging the use of amines in medicine and the development of new drugs. Therefore, the demand for amines in the pharmaceutical market is increasing and this demand is expected to fuel the growth of the market. For Instance, in June 2023, AkzoNobel Specialty Chemicals broke ground on the demonstration plant to showcase a revolutionary and more sustainable technology for the production of ethylene amine and its products from ethylene oxide.
Amines Market Segmentation:
By Type
- Ethanolamines
- Alkylamines
- Fatty Amines
- Specialty Amines
- Ethyleneamines
By Application
- Agricultural Chemicals
- Cleaning Products
- Gas Treatment
- Personal Care Products
- Petroleum
- Water Treatment
- Others
Amines Market Companies:
- Akzo Nobel
- BASF
- Dow
- Eastman
- Huntsman
- Clariant AG
- Mitsubishi Gas Chemical Company
- Taminco
- Oxea GmbH
- Delamines B.V
- Tosoh Corporation
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