Fatty Amines Market Size, Share & Trends Analysis Report By Product, Application And Segment Forecasts, 2019 - 2025


Posted June 16, 2020 by sitakant

The global fatty amines market size is expected to reach USD 4.9 billion by 2025, according to a new report by Grand View Research, Inc

 
The global fatty amines market size is expected to reach USD 4.9 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.0% during the forecast period. Rising consumption of personal care and household products and agricultural commodities is anticipated to propel the product demand. Increasing disposable income, product innovation, and high market penetration are some of the factor anticipated to contribute to the rising demand for fatty amines.
The market growth is majorly influenced by the end-use industries. The U.S. fatty amines market in water treatment chemicals application is expected to hold the largest market share due to the rising awareness regarding recycling and reusing polluted water because of water scarcity in the region.
In 2016, Evonik acquired the units of Air Products Performance Materials business to reinforce its position for lucrative growth in the specialty additives market. This strategic acquisition has helped the company to uphold its foremost position in the high-margin market for specialty additives globally.
Most of the fatty amines these days are also derived from castor oil as the demand for biodegradable and sustainable products. Rising efforts to decrease dependence on petrochemicals is likely to remain a significant dynamic for the global castor oil and derivatives industry.

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Further key findings from the report suggest:
• Water treatments products consumed the largest market share in terms of volume in 2018, owing to the acceptance in corrosion inhibitors, biocides, and disinfectants industries
• Monitoring support is anticipated to have a positive influence on growth of the fatty amines market due to the regulation that controls environmental hazards related to petrochemicals and conservative sources acting in the approval of castor oil and derivatives market
• The key regional players such as China, Japan, and India have surged their production capacities to support the accelerating customer demand, driving the market growth
• Palm is the most widely chosen vegetable oil across the globe due to the high content of oil and the low prices among other oils including coconut and rapeseed
• Volatile prices of raw materials have a direct effect on the production of various oleochemicals, particularly fatty amines, wherein the global oleochemicals industry is oversupplied and hence manufacturers get very fewer returns on it
Grand View Research has segmented the global fatty amines market on the basis of product, application, and region:
Fatty Amines Product Outlook (Revenue, USD Billion, 2014 - 2025)
• Primary
• Secondary
• Tertiary
Fatty Amines Application Outlook (Revenue, USD Billion, 2014 - 2025)
• Agrochemicals
• Oilfield Chemicals
• Asphalt Additives
• Anti-caking
• Water Treatment
• Chemical Synthesis
• Personal Care
• Household
• Others
Fatty Amines Regional Outlook (Revenue, USD Billion, 2014 - 2025)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Russia
o Turkey
o Denmark
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o South Africa
o GCC Countries

For Inquire before buying please visit @: https://www.grandviewresearch.com/inquiry/4525/ibb

About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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Issued By sitakant
Country United States
Categories Business , Industry , Manufacturing
Tags global fatty amines market size , global fatty amines market trend forecast , us fatty amines market size
Last Updated June 16, 2020