Aliphatic Amine Market Report

Market Insights

The Aliphatic Amine Market estimated to grow from USD xx billion in 2020 to USD xx billion by 2026 at a healthy CAGR of xx% during the forecast period.

Figure: Aliphatic Amine Market Size, 2020-2026 (USD Billion)

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What is Aliphatic Amine?

Aliphatic amine can be defined as the derivative of ammonia in which hydrogen atoms are replaced by alkyl groups. Aliphatic amines are volatile liquids with an ammoniacal odour. Based on type, it can be categorized as primary, secondary and tertiary.

Covid-19 Impact Analysis

The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of aliphatic amine declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus.

Key Players

Key players operating in the global Aliphatic Amine Market are-

• Kao Corporation (Japan)
• Dow Chemical Company (US)
• Ecogreen Oleochemicals GmbH (Germany)
• Huntsman International LLC (US)
• Akzo Nobel N.V. (Netherlands)
• Indo Amines Ltd (India)
• Evonik Industries AG (Germany)
• KLK OLEO (Malaysia)
• Volant-Chem Corp. (China)

Market Dynamics

The global growth of aliphatic amine market size is primarily driven by widespread product usage in various applications including pharmaceuticals, chemical and personal care & cosmetics. Expanding pharmaceuticals industry with rising prevalence of chronic diseases is expected to propel the market growth substantially during the forecast period. In addition to this, increasing product demand in personal care and cosmetics industry in developing countries is likely to create lucrative opportunities for the players operating in the global market in the coming years.

Segment’s Analysis

Application Trends

Based on application, the aliphatic amine market has been divided into chemical, pharmaceutical, plastics, textile, personal care & cosmetics, and other. The pharmaceuticals application segment accounted for the largest market share in 2020. The segment growth can be attributed to increasing demand for pharmaceuticals across the geographies.

Regional Trends

By region, the North America Aliphatic Amine market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the established presence of the pharmaceutical and personal care & cosmetics industries in the region. The market growth in Asia-Pacific region is expected to grow at a considerable CAGR during the review on account of increasing product demand in the end-use industries.

Critical Questions Answered in the Report

This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global aliphatic amine market. The historic years considered for the study are 2016-2019, base year is 2020, estimated year is 2021, and forecast period is 2022-2026. Following are the critical questions answered in the report.

• What are the key trends in the global Aliphatic Amine market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
• What is the impact of COVID-19 on global Aliphatic Amine market?
• What are the key strategies adopted by the major vendors to lead in the global Aliphatic Amine market?
• What is the market share of the top vendors?

Target Audience

The target audience of Aliphatic Amine Market includes-

• Aliphatic Amine Vendors
• Aliphatic Amine Manufacturers
• Aliphatic Amine Distributors
• Organizations
• Government Bodies

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