The report "Amines Market by Amine Type (Ethylene, Alkyl, Fatty, Specialty, & Ethanol), & by Application (Agricultural Chemicals, Personal Care, Cleaning Products, Petroleum, Water Treatment, Pharmaceutical, Textile, & Others) - Global Trends and Forecast to 2020", The market size of amines is estimated to grow from USD 13.35 Billion in 2015 to USD 19.90 Billion by 2020, at an estimated CAGR of 8.3% between 2015 and 2020.

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The key players in the amines market are AkzoNobel NV (The Netherlands), BASF SE (Germany), The Dow Chemical Company (U.S.), Huntsman Corporation (U.S.), Clariant AG (Switzerland), Taminco (Belgium), Tosoh Corporation (Japan), Mitsbishi Gas Chemical Company (Japan), Oxea Gmbh (Germany), Delamine (The Netherlands), and others.

On the basis of type:

Ethyleneamine
Alkylamines
Fatty amines
Specialty amines
Ethanol amines
On the basis of application:

Agricultural chemicals
Cleaning products
Gas treatment
Personal care products
Petroleum
Water treatment
Others
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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.

Asia-Pacific is the major driver of amines market

In 2015, Asia-Pacific accounted for the largest market share and is expected to to register the highest CAGR between 2015 and 2020. The robust demand in Asia-Pacific is the major driving factor for the amines market. China registered the highest demand for amines due to increased consumption of across end-user industries in the last 2-3 years. It is also the largest market for amines at a global level. Emerging economies such as Brazil, India, Mexico, and others are projected to have a bright future in this market.

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