The global Amines market is growing, due to the high growth from end-user industries and huge developments in the developing economies across the globe. The amines have several applications in different industries including agricultural, personal care and petroleum; therefore a high demand for amines is projected during the forecast period.
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Global industry insight amines market size, share, development, growth and demand forecast to 2022
1. Global Industry Insight: Amines Market Size, Share, Development,
Growth and Demand Forecast to 2022
The global Amines market is growing, due to the high growth from end-user industries
and huge developments in the developing economies across the globe. The amines
have several applications in different industries including agricultural, personal care and
petroleum; therefore a high demand for amines is projected during the forecast period.
Among the various types of amines, the ethanolamines segment held the largest share
in the global amines market in 2015, and it was followed by alkylamines, fatty amines,
ethyleneamines, and specialty amines, in terms of volume and value. The specialty
amines segment is projected to witness the highest growth in the global amines market
during 2016-2022. Similarly, among the various applications, the personal care segment
accounted for the largest consumption of amines in 2015. The agriculture application
segment is projected to be the second fastest growing segment after the ‘other’
segment.
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analysis/amines-market
The developing economies of Asia-Pacific and Latin America, such as India, China and
Brazil, and new amines grades in the market would offer ample opportunities for the
growth of the amines market. The key manufacturers of amines may expand their
geographical presence as well as their product portfolio in emerging economies to
exploit the revenue generation opportunities in these countries. However, the stringent
environment regulations in the European Union and North America are expected to
hinder the growth of the global amines market to some extent. Moreover, the availability
and cost of specialized raw materials, and limited market opportunities in the developed
economies of North America and Europe are the key challenges for the manufacturers
of amines.
Geographically, Asia-Pacific held the largest share in the global amines market in 2015,
owing to the high demand from agricultural and personal care industries. China
dominated the Asia-Pacific amines market in 2015, and it is anticipated to retain its
dominance during 2016 – 2022. The presence of large number of players in the
Chinese amines market and increasing investment for the development of amines by
major manufacturers are the key drivers for the growth of the amines market in the
country.
Browse For Related Research: https://www.psmarketresearch.com/industry-
report/chemicals-materials-and-energy
GLOBAL AMINES MARKET SEGMENTATION:
2. By Type
Ethanolamines
Alkaylamines
Specialty Amines
Fatty Amines
Ethyleneamines
By Application
Agricultural Chemicals
Gas Treatment
Cleaning Products
Personal Care
Petroleum
Water Treatment
Others
By Region
North America
U.S.
Canada
Europe
Germany
Italy
France
3. U.K.
Russia
Asia-Pacific
China
India
Japan
Rest of the World
Brazil
Mexico
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