Market Size of Fatty Amines Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Fatty Amines Market Analysis
The market for fatty amines market is expected to grow at a CAGR of greater than 4% during the forecast period. The major factor driving the growth of the market studied is the growing demand for fatty amines as emulsifiers in agrochemicals. On the flipside, easy availability of economical and eco-friendly alternatives is likely to hinder the growth of the market studied.
Fatty Amines Industry Segmentation
The fatty amines market report includes:
Type | |
Primary Amines | |
Secondary Amines | |
Tertiary Amines |
Application | |
Water Softener | |
Emulsifier | |
Corrosion Inhibitor | |
Asphalt Additives | |
Anti-caking | |
Other Applications |
End-user Industry | |
Water Treatment | |
Agriculture | |
Oil and Gas | |
Infrastructure | |
Personal Care | |
Other End-user Industries |
Geography | |||||||
| |||||||
| |||||||
| |||||||
| |||||||
|
Fatty Amines Market Size Summary
The fatty amines market is poised for significant growth, driven primarily by their increasing application as emulsifiers in agrochemicals. Fatty amines, derived from natural sources or petrochemical raw materials, are essential in various industrial processes. The water treatment industry stands out as the largest consumer, utilizing fatty amines for their properties as water softeners, corrosion inhibitors, and scale dispersants. The rising global demand for clean water, exacerbated by population growth and climate change, has intensified the need for effective water treatment solutions, thereby boosting the demand for fatty amines.
Regionally, the Asia-Pacific area leads the market, with countries like China, India, and Japan contributing significantly to the global demand. The region's robust agricultural sector and the increasing need for treated water in industrial applications, such as power generation and oil & gas, are key factors driving market expansion. Despite the presence of economical and eco-friendly alternatives that pose challenges to market growth, the demand for fatty amines remains strong. The market is partially consolidated, with major players like Evonik Industries AG, Huntsman International LLC, Nouryon, and Solvay playing pivotal roles in shaping its trajectory.
Fatty Amines Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Drivers
-
1.1.1 Demand for Fatty Amines as Emulsifiers in Agrochemicals
-
1.1.2 Other Drivers
-
-
1.2 Restraints
-
1.2.1 Easy Availability of Economical and Eco-friendly Alternatives
-
1.2.2 Other Restraints
-
-
1.3 Industry Value-Chain Analysis
-
1.4 Porter's Five Forces Analysis
-
1.4.1 Bargaining Power of Suppliers
-
1.4.2 Bargaining Power of Consumers
-
1.4.3 Threat of New Entrants
-
1.4.4 Threat of Substitute Products and Services
-
1.4.5 Degree of Competition
-
-
-
2. MARKET SEGMENTATION
-
2.1 Type
-
2.1.1 Primary Amines
-
2.1.2 Secondary Amines
-
2.1.3 Tertiary Amines
-
-
2.2 Application
-
2.2.1 Water Softener
-
2.2.2 Emulsifier
-
2.2.3 Corrosion Inhibitor
-
2.2.4 Asphalt Additives
-
2.2.5 Anti-caking
-
2.2.6 Other Applications
-
-
2.3 End-user Industry
-
2.3.1 Water Treatment
-
2.3.2 Agriculture
-
2.3.3 Oil and Gas
-
2.3.4 Infrastructure
-
2.3.5 Personal Care
-
2.3.6 Other End-user Industries
-
-
2.4 Geography
-
2.4.1 Asia-Pacific
-
2.4.1.1 China
-
2.4.1.2 India
-
2.4.1.3 Japan
-
2.4.1.4 South Korea
-
2.4.1.5 Rest of Asia-Pacific
-
-
2.4.2 North America
-
2.4.2.1 United States
-
2.4.2.2 Canada
-
2.4.2.3 Mexico
-
-
2.4.3 Europe
-
2.4.3.1 United Kingdom
-
2.4.3.2 France
-
2.4.3.3 Germany
-
2.4.3.4 Italy
-
2.4.3.5 Rest of Europe
-
-
2.4.4 South America
-
2.4.4.1 Brazil
-
2.4.4.2 Argentina
-
2.4.4.3 Rest of South America
-
-
2.4.5 Middle-East and Africa
-
2.4.5.1 South Africa
-
2.4.5.2 Saudi Arabia
-
2.4.5.3 Rest of Middle-East and Africa
-
-
-
Fatty Amines Market Size FAQs
What is the current Fatty Amines Market size?
The Fatty Amines Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Fatty Amines Market?
Nouryon, Solvay, Huntsman International LLC and Evonik Industries AG are the major companies operating in the Fatty Amines Market.