MARKET INTRODUCTION
Amines are organic compounds derived from ammonia when an alkyl or an aryl group replaces one or more of its hydrogen atoms. Some of the most crucial ammines used in the chemical industry include amino acids, aniline, trimethylamine, and biogenic amines. Amines exist in the gaseous state at room temperature. They are one of the commonly used chemical compounds in the various end-use industries to manufacture azo dyes, drugs, polymers, rubber, lubricants, insecticides, pesticides, etc.
MARKET DYNAMICS
Amines are used in manufacturing pesticides to eliminate roundworms, pinworms, and other pests. While ethanolamines are used in manufacturing herbicides as well as chemical intermediates used in algaecides, molluscicides, and fungicides. The growing food demand and population explosion in countries such as India have led to significant demand for pesticides and insecticides. The rising demand for pesticides and insecticides is expected to create significant demand for amines during the forecast period. Amines also play an essential role in the pharmaceutical industry as they are used in manufacturing several drugs and medications. They are used to manufacture analgesics or pain-relieving drugs such as Demerol and morphine. Other medicines formulated from amines include decongestants, antihistamines, tranquilizers, etc. The wide-spread uses of amines in medicines, crop protection, paints, coatings, dyes, surfactants, cosmetics, personal care, plastic, textile, and rubber processing industries are expected to augment the growth of the amines market.
MARKET SCOPE
The "Global Amines Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the amines market with detailed market segmentation by type, application, and geography. The global amines market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading amines market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global amines market is segmented on the basis of type and application. On the basis of type, the amines market is segmented into, ethylene, alkyl, fatty, and specialty and ethanol. On the basis of application, the market is bifurcated into, agricultural chemicals, personal care, cleaning products, petroleum, water treatment, pharmaceutical, textile, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global amines market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The amines market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the amines market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the amines market in these regions.
MARKET PLAYERS
The reports cover key developments in the amines market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from amines market are anticipated to lucrative growth opportunities in the future with the rising demand for amines in the global market. Below mentioned is the list of few companies engaged in the amines market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the amines market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AKZONOBEL N.V.
- ARKEMA GROUP
- BASF SE
- CLARIANT AG
- DELAMINE
- HUNTSMAN CORPORATION
- OXEA GMBH
- SOLVAY
- TAMINCO
- TOSOH CORPORATION
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.