Who are the key players in Amines Market?

BASF SE, Arkema Group, Akzo Nobel N.V., Solvay and INEOS are the major companies operating in the Amines Market. Read More

Which is the fastest growing region in Amines Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Amines Market?

In 2024, the Asia Pacific accounts for the largest market share in Amines Market. Read More

What years does this Amines Market cover, and what was the market size in 2023?

In 2023, the Amines Market size was estimated at USD 14.72 billion. The report covers the Amines Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Amines Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Amines Market Size

Market Size of Amines Industry

Study Period	2019 - 2029
Market Size (2024)	USD 15.42 Billion
Market Size (2029)	USD 19.45 Billion
CAGR (2024 - 2029)	4.75 %
Fastest Growing Market	Asia Pacific
Largest Market	Asia Pacific
Market Concentration	High
Major Players *Disclaimer: Major Players sorted in no particular order

Amines Market Analysis

The Amines Market size is estimated at USD 15.42 billion in 2024, and is expected to reach USD 19.45 billion by 2029, growing at a CAGR of 4.75% during the forecast period (2024-2029).

Major factor driving the market studied is the accelerating demand for pesticides from developing countries.

Increasing usage of bio-based products for agriculture in developed countries is expected to hinder the growth of the market studied.
Increasing usage of genetically modified herbicide-tolerant seeds is likely to act as an opportunity in the future.

Amines Industry Segmentation

The amines market report includes:

Type
		Ethyleneamines
		Alkylamines
		Fatty Amines
		Specialty Amines
		Ethanolamines

End-use
		Rubber
		Personal Care products
		Cleaning Products
		Adhesives, Paints, and Resins
		Agro Chemicals
		Oil and Petrochemical
		Other End-uses

Geography

Asia-Pacific
	China
	India
	Japan
	South Korea
	Australia and New Zealand
	Rest of Asia-Pacific

North America
	United States
	Canada
	Mexico

Europe
	Germany
	United Kingdom
	Italy
	France
	Rest of Europe

South America
	Brazil
	Argentina
	Rest of South America

Middle-East and Africa
	Saudi Arabia
	South Africa
	Rest of Middle-East and Africa

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Amines Market Size Summary

The amines market is poised for steady growth, driven primarily by the increasing demand for pesticides in developing regions. This growth trajectory is supported by the significant role of amines in the pharmaceutical industry, where they are integral to the production of various drugs, including antipsychotics, cholesterol-lowering medications, and anticancer treatments. The market's expansion is, however, tempered by the rising adoption of bio-based agricultural products in developed countries. Nonetheless, the growing use of genetically modified herbicide-tolerant seeds presents a potential opportunity for market players. The pharmaceutical sector, particularly in North America and Asia-Pacific, remains a key contributor to the demand for amines, with China and India emerging as significant players in the market.

Asia-Pacific stands out as the largest consumer and producer of amines, with its production capabilities supporting a robust export market for cosmetics and personal care products to developed nations. The region's market share in the personal care industry is on the rise, driven by increasing consumer awareness of multi-functional products. This trend is expected to bolster the demand for amines throughout the forecast period. The market is characterized by a high level of consolidation, with major companies such as BASF SE, Arkema Group, Akzo Nobel N.V., Solvay, and INEOS dominating the landscape. These factors collectively underscore the dynamic nature of the amines market, with Asia-Pacific poised to maintain its significant influence.

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Amines Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Drivers
  1. 1.1.1 Growing Demand for Personal Care Products from Asia-Pacific
  2. 1.1.2 Accelerating Demand for Pesticides from Developing Countries
  3. 1.1.3 Increasing Demand and Usage in Construction Sector
2. 1.2 Restraints
  1. 1.2.1 Rising Consumption of Wood-free Products
  2. 1.2.2 Increasing Usage of Bio-Based Products for Agriculture in Developed Countries
3. 1.3 Industry Value-Chain Analysis
4. 1.4 Porter's Five Forces Analysis
  1. 1.4.1 Bargaining Power of Suppliers
  2. 1.4.2 Bargaining Power of Consumers
  3. 1.4.3 Threat of New Entrants
  4. 1.4.4 Threat of Substitute Products and Services
  5. 1.4.5 Degree of Competition
5. 1.5 Price Analysis
6. 1.6 Production Analysis
7. 1.7 Technological Snapshot
  1. 1.7.1 Current Technologies
    1. 1.7.1.1 Zeolite-catalyzed Methylamines Processes
    2. 1.7.1.2 Direct Amination of Isobutylene
    3. 1.7.1.3 Catalytic Distillation
    4. 1.7.1.4 Ammonolysis of EDC
  2. 1.7.2 Upcoming Technologies
2. MARKET SEGMENTATION
1. 2.1 Type
  1. 2.1.1 Ethyleneamines
  2. 2.1.2 Alkylamines
  3. 2.1.3 Fatty Amines
  4. 2.1.4 Specialty Amines
  5. 2.1.5 Ethanolamines
2. 2.2 End-use
  1. 2.2.1 Rubber
  2. 2.2.2 Personal Care products
  3. 2.2.3 Cleaning Products
  4. 2.2.4 Adhesives, Paints, and Resins
  5. 2.2.5 Agro Chemicals
  6. 2.2.6 Oil and Petrochemical
  7. 2.2.7 Other End-uses
3. 2.3 Geography
  1. 2.3.1 Asia-Pacific
    1. 2.3.1.1 China
    2. 2.3.1.2 India
    3. 2.3.1.3 Japan
    4. 2.3.1.4 South Korea
    5. 2.3.1.5 Australia and New Zealand
    6. 2.3.1.6 Rest of Asia-Pacific
  2. 2.3.2 North America
    1. 2.3.2.1 United States
    2. 2.3.2.2 Canada
    3. 2.3.2.3 Mexico
  3. 2.3.3 Europe
    1. 2.3.3.1 Germany
    2. 2.3.3.2 United Kingdom
    3. 2.3.3.3 Italy
    4. 2.3.3.4 France
    5. 2.3.3.5 Rest of Europe
  4. 2.3.4 South America
    1. 2.3.4.1 Brazil
    2. 2.3.4.2 Argentina
    3. 2.3.4.3 Rest of South America
  5. 2.3.5 Middle-East and Africa
    1. 2.3.5.1 Saudi Arabia
    2. 2.3.5.2 South Africa
    3. 2.3.5.3 Rest of Middle-East and Africa