The amines market is growing due to its extensive use in agrochemicals, pharmaceuticals, and water treatment solutions. Amines are essential for herbicides, corrosion inhibitors, and surfactants, making them crucial across multiple industries. The rising demand for high-performance specialty amines in coatings, lubricants, and chemical synthesis is further propelling the market. Innovations in bio-based and sustainable amine production are emerging trends.
According to the research report, the global amines market was valued at USD 46,688.43 million in 2022 and is expected to reach USD 71,776.83 million by 2032, to grow at a CAGR of 5.6% during the forecast period.
Amines – Key Market Trends & Drivers:
- Increasing Use in Agrochemicals – Rising demand for amines in herbicides, pesticides, and fertilizers to enhance agricultural productivity.
- Expanding Role in Personal Care & Pharmaceuticals – Wide application in cosmetics, detergents, and pharmaceutical intermediates.
- Growth in Water Treatment Applications – Increased use of amines in wastewater treatment and corrosion inhibition.
- Rising Demand in Gas Treatment & Refining – Essential role in natural gas sweetening and petroleum refining processes.
- Technological Advancements & Specialty Amines – Development of high-performance amines for coatings, lubricants, and chemical synthesis.
- Amilina AB
- Archer Daniels Midland
- Ardent Mills LLC
- Arizona Natural Products
- Bio-Botanica Inc.
- Bryan W. Nash & Sons Limited
- Cargill, Incorporated
- Herbalife International Inc.
- Meelunie B.V.
- Mondelez International, Inc.
- Nutraceutical International Corporation,
- Permolex Ltd
- Pioneer Industries Limited
- Rainbow Light Nutritional Systems
- Ricola AG
- Royal Ingredients Group
- Tereos SCA
- The Himalaya Drug Company
- THE KRAFT HEINZ COMPANY
- Willmar Schwabe GmbH
- Z&F Sungold Corporation
Growth Factors:
• Market dynamics:All the key factors and major developments anticipated to boost the growth of the market are covered in the study.
• Technological evolution:The report offers a thorough understanding of the emerging technologies that can influence the Amines market demand.
• Innovation pathways: The study covers where innovations can take the market in the mid to long term.
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The Geographical Analysis Covers Following Key Regions:
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• South America (Brazil, Argentina, Colombia, and the rest of South America)
• The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
Amines Market Segmentation:
The amines market is growing due to its extensive use in agrochemicals, pharmaceuticals, and water treatment solutions. Amines are essential for herbicides, corrosion inhibitors, and surfactants, making them crucial across multiple industries. The rising demand for high-performance specialty amines in coatings, lubricants, and chemical synthesis is further propelling the market. Innovations in bio-based and sustainable amine production are emerging trends.
Amines Market, Type Outlook (Revenue – USD Million, 2019-2032)
- Ethanolamines
- Monoethanolamine
- Diethanolamine
- Triethanolamine
- Methyl Diethanolamine (MDEA)
- Alkyl Amines
- Methylamines
- Ethylamines
- Propylamines
- Others
- Ethyleneamines
- Ethylenediamine
- Diethylentriamine
- Tetraethylene enepentamine
- Aminoethylpiperazine
- Piperazine
- Others
- Fatty Amines
- Specialty Amines
- Alkanolamines
- Ethanolamines
- Ethyleneamines
- Isoproponalamines
- Others
Amines Market, Application Outlook (Revenue – USD Million, 2019-2032)
- Cleaning/Disinfecting Formulations
- Agriculture
- Food Processing
- Laundry
- Water Treatment
- Wastewater Treatment
- Pulp & Paper
- Oil & Gas Drilling
- Oil Field Recovery Systems
- Others
Amines Industry Developments:
- April 2019: BASF announced plans to expand its Alkylethanolamines (AEOA) production capacity by 20% at its facility in Ludwigshafen, Germany. Once completed in 2020, BASF’s global annual production capacity for AEOA across its sites will exceed 110,000 metric tonnes. This expansion is intended to meet rising demand and solidify BASF’s leadership in the market.
- December 2019: GAC, a joint venture between Clariant and Asia’s largest International, revealed its investment in a new tertiary amines factory in Indonesia. This new facility will enhance the joint venture’s ability to better support the home care and personal care sectors across both regional and global markets, offering increased flexibility and reliability.
- August 2022: Global Amine Company Pvt. Ltd., a joint venture between Wilmar and Clariant, finalized an agreement to acquire Clariant’s quats and esterquats business. This strategic move is aimed at expanding their portfolio and strengthening their market presence in the amines sector.
- February 2024: OQEMA, a prominent chemical supplier in Europe, partnered with BASF to leverage BASF’s expertise in high-quality amines and OQEMA’s extensive distribution network in the UK and Ireland. The collaboration aims to capture significant market share in the standard amines sector and foster mutual growth.
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