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The global amines market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Amines are colorless, less volatile organic compounds that belong to the family of nitrogen. They are made by replacing oxygen with hydrogen atoms in the molecule or reaction of ammonia with organic groups. They are widely used as corrosion inhibitors and in the production of rubber, fibers, synthetic resins, and azo dyes. Besides this, they are also employed in gas treatment for removing carbon dioxide (CO2) from natural gas and the manufacturing of various drugs.
The vast applications of amines in different end use industries represent one of the key factors bolstering the market growth. For instance, they find application in the agriculture sector to formulate chemicals for crop protection. Moreover, due to inflating income levels, improving living standards, and the rising influence of social media, the demand for personal care products is increasing worldwide, which, in turn, is influencing the market. Amines are also used to produce plastics, emulsifiers, chelating agents, corrosion inhibitors, and concentrated detergents. This, along with significant growth in the construction, energy, and industrial sectors, is strengthening the market. Apart from this, the growing prevalence of chronic diseases, such as diabetes, hypertension, and cholesterol, is positively influencing the use of amines in the pharmaceutical industry. They are also gaining traction as solvents for manufacturing paint and coatings in the automotive industry. Furthermore, increasing investments in research and development (R&D) activities to improve their characteristics and expand their uses are anticipated to propel the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global amines market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, function and application.
Breakup by Product:
Breakup by Function:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., Arkema S.A., BASF SE, Celanese Corporation, Dow Inc., DuPont de Nemours Inc., Huntsman Corporation, Lanxess AG, LyondellBasell Industries N.V., Mitsubishi Gas Chemical Company Inc., SABIC and Solvay S.A.
|Base Year of the Analysis||2020|
|Segment Coverage||Product, Function, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Akzo Nobel N.V., Arkema S.A., BASF SE, Celanese Corporation, Dow Inc., DuPont de Nemours Inc., Huntsman Corporation, Lanxess AG, LyondellBasell Industries N.V., Mitsubishi Gas Chemical Company Inc., SABIC and Solvay S.A.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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