Amines are used as a chelating agent, intermediate, formulator, neutralizing agent, activator, and corrosion inhibitors in various end-use applications such as agricultural chemicals, cleaning products, gas treatment, personal care products, petroleum, water treatment, paint & coatings, pharmaceuticals, textile chemicals, and wood treatment. Growth in end-use industries such as personal care, agriculture, water treatment, and petroleum is the driving the demand for amines. Among all regions included in the report, Asia-Pacific and RoW are estimated to witness a high growth in the next five years. Also, the demand across these regions is reinforced by the emerging markets, namely, China, Brazil, and India.

Personal care to be the largest application of amines by 2020

The personal care product industry comprise more than 1,000 different companies considering global as well as regional presence. Johnson & Johnson, Revlon, Estee Lauder, Alberto-Culver, LOreal, Parlux Fragrances, Avon, Colgate-Palmolive, Proctor & Gamble, and Kimberly-Clark, are some of the recognized players in the industry. Personal care products, mainly hand lotions, cosmetic creams, cleansing creams, shaving creams, and shampoos are witnessing strong demand in recent years, due to growing population and their health awareness globally. Amines are used as stabilizers, chemical intermediates, and neutralizers in personal care application. Hence, the rising personal care industry is indirectly aiding the amines demand