Global Fatty Amines Market is estimated to witness a growth rate of 5.1% over the forecast period due to Fatty Amines used extensively in the Agrochemical Industry – according to ChemView Consulting’s Analyst.
According to a research survey conducted by ChemView Consulting, in 2022, the Global Fatty Amines Market was worth US$ 2.4 Bn and is expected to grow at a CAGR of 5.1% over the forecast period. The market is expected to hit US$ 3.6 Bn by 2030 end.
Rising demand for liquid detergent and fabric softeners, as well as increased industrial investment in developed nations, are likely to drive market expansion. Furthermore, low raw material costs and abundant availability, combined with low toxicity levels and production costs, are expected to provide profitable growth prospects during the forecast period
Fatty Amines Market 2017-2030: Report Key Highlights:
- Detailed information on factors that will assist Global Fatty Amines growth during the next eight years
- Assessment of the historical and current Global Fatty Amines Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
- The growth of the Global Cosmetic Ingredients across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
For More Details Visit Our Report Page: https://chemviewconsulting.com/reports/fatty-amines-market/
Key Takeaways
By Product Type: Tertiary Fatty Amines are expected to grow at the fastest CAGR in value and volume over the forecast period. By the end of 2031, the Tertiary Fatty Amines segment is predicted to control about 45.0% market in terms of product type.
Tertiary Fatty Amines and their derivatives, such as quaternary ammonium compounds, are used in various applications, including fabric softeners, surfactants, drilling muds, asphalt emulsifiers, and disinfectants/bactericides. The wide-range uses of tertiary Amines are primarily responsible for the market’s growth
By End-Use: The Agrochemicals segment will lead the Fatty Amines market during the forecast year. The increase in the global need for nutritious and high-quality food, combined with the restricted quantity of arable land, is driving the demand for agrochemicals. These factors fuel the demand for the end-use segment of the Fatty Amines market’s agrochemicals.
By Region: The Asia Pacific region is expected to lead the Fatty Amines market with market share of 42.3% in 2021. The need for Fatty Amines is expanding in Asia as governments in nations such as China, Japan, and Thailand place a greater emphasis on wastewater treatment infrastructure.
Competition Summary
Key players are investing in R&D operations to achieve a competitive advantage in the market. Technology launches, acquisitions, and R&D activities are key strategies players adopt in the Fatty Amines market.
Some of the key companies covered in the market study include Akzo Nobel N.V., Evonik Industries AG, Kao Corporation, Clariant AG, Arkema S.A, Solvay S.A, E.I. du Pont de Nemours & Co, Albemarle Corporation, Procter & Gamble Company, Lonza Group Ltd, Indian Glycols Ltd., Indo Amines, Qida Chemical Co., Shandong Dafeng Biotechnology Co., and Temix International S.R.L.
Segments Covered in Report
By Product Type:
- Primary Amines
- Secondary Amines
- Tertiary Amines
By End-Use:
- Agrochemicals
- Oilfield Chemicals
- Asphalt additives
- Anti-Caking
- Water treatment
- Chemical Synthesis
- Personal Care
- Household
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
About ChemView Consulting’s Chemicals & Materials Domain
ChemView Consulting’s chemicals & materials domain provides unique, reliable, and in-depth analysis of the chemicals and materials business with the help of its in-house and experienced analysts and subject matter experts. The comprehensive coverage includes bulk, fine, specialty, petrochemicals, innovative materials, composites, and nanotechnology, focusing on “green alternatives,” recycling, and renewable technology advances. In addition, for developing – “The Future Growth Plan,” our research studies serve as market reference guides for chemical manufacturers, research institutes, channel partners, and government agencies.
About ChemView Consulting
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