Global Fatty Amines Market is expected to reach $5.57 billion by 2027 growing at a CAGR 8.5% during 2018 to 2027.

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Some of the key players in Fatty Amines Market include Wuhan Obayer Science Co LTD, Volant-Chem Corp, Solvay SA, Qida Chemical Co Limited, Nouryon, Lonza Group LTD, KAO Corporation, Indo Amines Limited, India Glycols Limited, Huntsman Corporation, and Arkema S.A.

Gaithersburg, Maryland, United States – March 3, 2020 /MarketersMedia/

Some of the key factors propelling the market growth are rising demand from the agriculture sector, vast set of applications across a number of industries and increasing demand for liquid detergent and fabric softeners. However, complex production process is the restraining factor for the growth of the market.

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Fatty amines can be defined as the nitrogen based derivatives of fatty acids and are obtained from the raw materials such as fats, oils, petrochemicals, and other such raw materials. They consist of either a mix of carbon chains or single chain with the range of 8 to 22 carbon number. The important members of fatty amines include oleylamine, soya amine and coco amine etc. Their applications are in numerous end user industries including corrosion inhibition, organology, sanitization, fabric softening, and lubricant additives. Anti-caking, mining, water treatment, personal care, oilfield chemicals, paints and coatings, and agro-chemicals are a few of the most major applications, demanded by fatty amines. They are the source for variety of cosmetic formulations.

By type, tertiary segment is expected to grow at the significant market share during the forecast period. Tertiary fatty amines, along with their derivatives such as the consequent quaternary ammonium compounds, have wide range of applications, such as fabric softeners, surfactants, drilling muds, asphalt emulsifiers, and disinfectants/bactericides. The growth of this market is mainly attributed to the wide-ranging applications of tertiary amines.

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On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period. Presence of robust automotive manufacturing industry is the prime factor driving the growth of the market. Moreover agricultural dependence of this region will boost the demand for agricultural products that will inadvertently propel the demand for fatty amine based agricultural products in the region. Easy availability of raw materials coupled with presence of cheap labor is tending the market leaders to shift their manufacturing facilities in emerging economies of the region such as India and China.

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Types Covered:
• Primary
• Secondary
• Tertiary

Functions Covered:
• Anti-Caking Agents
• Chemical Intermediates
• Corrosion Inhibitors
• Dispersants
• Emulsifiers
• Floatation Agents
• Other Functions

End Users Covered:
• Agrochemicals
• Asphalt Additives
• Chemical Processing
• Chemical Synthesis
• Household
• Oilfield Chemicals
• Personal Care
• Water Treatment
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-fatty-amines-market-is-expected-to-reach-557-billion-by-2027-growing-at-a-cagr-85-during-2018-to-2027/88948620

Source: MarketersMedia

Release ID: 88948620

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