The global fatty amines market
is anticipated to reach USD 2.9 billion by 2025, according to a new report by
Grand View Research, Inc. Increasing demand for high-quality surfactants and
emulsifiers due to increased usage of personal and household care products in
emerging economies such as Asia Pacific is excepted to steer the market growth
in the near future.
Fatty amines market growth is
mainly depended on the end-use industries. The U.S. fatty amines market in
water treatment chemicals application was valued over USD 52 million in 2016.
Growing awareness regarding recycling and reusing polluted water due to water
scarcity is anticipated to steer product demand in the region.
Multinational companies such as
Kao Corporation, Ecogreen Oleochemicals, Huntsman International, and Dow
Chemical Company are integrated across the value chain, from raw material
processing and fatty amine production to distribution of end products. These
companies have the advantage of captive consumption of raw materials to produce
fatty amide and further obtain primary, secondary, and tertiary derivatives.
These companies are also involved in the production of other products for
industrial applications.
In depth research report on Fatty Amines Market
Further key findings from the report suggest:
•
Tertiary amines dominated the
product segment and are anticipated to grow at an estimated CAGR of 4.6% from
2017 to 2025.
•
Asphalt additives are projected
to grow at an estimated CAGR of 6.3% over the next eight years, due to its
potential to promote adhesion between the asphalt and mineral aggregate in
mixtures for road paving, surfacing, and patching.
•
Fatty amines derivatives demand
in chemical synthesis segment is anticipated to grow at a CAGR of over 6.0%
from 2017 to 2025
•
Water treatments products
consumed over 22% of global market volume share in 2016. This application
accounted for the maximum share in the overall market owing to popularity in
corrosion inhibitors, biocides and disinfectants industries.
•
Asia Pacific is expected to
witness the fastest regional market growth and is expected to grow at an
estimated CAGR of 5.1% from 2017 to 2025. Increasing production capacities by
key regional players such as China, Japan, and India to support the escalating
customer demand is projected to spur the market growth during the forecast
period.
•
The global fatty amines market
is consolidated with major companies accounting for highest share in 2016. Key
global players include Kao Corporation, Dow Chemical Company, Ecogreen
Oleochemicals GmbH, Huntsman International LLC, Akzo Nobel NV, Solvay SA, Indo
Amines Ltd, Evonik Industries, KLK Oleo, and Volant-Chem Group.
Grand View Research has
segmented the fatty amines market on the basis of carbon chain length, product,
application and region:
Carbon Chain Length Outlook (Volume, Kilo Tons; Revenue,
USD Million, 2014 - 2025)
•
C8
•
C10
•
C12
•
C14
•
C16
•
C18
Product Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2014 - 2025)
•
Primary
•
Secondary
•
Tertiary
Application Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2014 - 2025)
•
Agrochemicals
•
Oilfield Chemicals
•
Asphalt Additives
•
Anti-Caking
•
Water treatment
•
Chemical Synthesis
•
Personal Care
•
Household
•
Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million,
2014 - 2025)
•
North America
•
U.S.
•
Europe
•
Germany
•
UK
•
France
•
Asia Pacific
•
China
•
Japan
•
India
•
Central & South America
•
Middle East & Africa
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About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
For more market analysis reports, please visit: http://www.grandviewresearch.com/
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