Fatty Amines Market Growth Analysis | 2023-2028

Market Insights

The Fatty Amines Market was estimated at US$ 2.8 billion in 2022 and is expected to grow at a CAGR of 6.6% during 2023-2028 to reach US$ 4.12 billion in 2028.

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What are Fatty Amines?

Fatty amines are organic compounds derived from ammonia (NH3) or amines (R-NH2) where the alkyl or aryl groups attached to the nitrogen atom are long hydrocarbon chains, typically containing 12 or more carbon atoms. These hydrophobic chains make fatty amines water-insoluble and give them surfactant properties. Fatty amines find various industrial applications, including as emulsifiers, corrosion inhibitors, and flotation agents. They are commonly used in the production of personal care products, such as shampoos and conditioners, as well as in the formulation of agricultural chemicals and the oil and gas industry for drilling fluids. Fatty amines can be classified based on the length of their hydrocarbon chains, and their versatility makes them valuable in diverse chemical processes.

Market Dynamics

The major factors driving the fatty amines market are-

• Increasing use of fatty amines in cosmetics and toiletries due to their conditioning properties.

• The rising need for agrochemicals propels the fatty amines market in pesticide formulations.

• Fatty amines find applications in gas treatment and corrosion inhibition within the energy sector.

• Water purification and wastewater treatment industries rely on fatty amines for their cationic surfactant properties.

• Fatty amines are used in a wide array of industries such as agrochemicals, oilfield chemicals, chemical processing, water treatment, asphalt additives, personal care, and others.

Segments Analysis

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By Type

The fatty amines market is segmented into primary, secondary, and tertiary amines. The primary amine segment held the largest share of the market and is expected to remain dominant during the forecast period. Tertiary amine is expected to witness the highest growth during the forecast period. The increasing range of applications of tertiary amine is the major factor behind its extraordinary growth. Some of the key applications of tertiary amines are fabric softeners, surfactants, drilling muds, asphalt emulsifiers, and disinfectants/bactericides.

By End-Use Industry Type

The market is segmented as agrochemicals, oilfield chemicals, chemical processing, water treatment, asphalt additives, personal care, and others. The agrochemicals segment held the largest share of the market and is also expected to witness healthy growth during the forecast period. Growing demand for increased productivity from the agriculture industry and rising food supply sustainability concerns are the major factors driving the dominance and growth of the agrochemicals segment.

Regional Analysis

In terms of regions, Asia-Pacific is estimated to be the largest and fastest-growing market for fatty amines during the forecast period. The increasing focus of key economies such as China, Japan, and Thailand towards wastewater treatment infrastructure, along with increasing demand for fatty amines from personal care, beauty care, and agrochemicals is driving the growth of the region’s market. North America and Europe are also expected to offer lucrative opportunities in the global fatty amines market during the forecast period.

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Key Players

Some of the major players in the fatty amines market are-

• Kao Corporation,
• Nouryon, Arkema S.A.,
• Lonza Group Ltd.,
• Solvay SA,
• Evonik Industries AG,
• Huntsman Corporation,
• Volant-Chem Corp.,
• Global Amines Company Pte. Ltd.,
• India Glycols Limited,
• Indo Amines Limited,
• Procter & Gamble Co.,
• ERCA SPA, Qida Chemical Co.,
• Limited, Wuhan Obayer Science Co., Ltd.,
• Ecogreen Oleochemicals GmbH

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players and those willing to enter the market.

What Deliverables Will You Get in this Report?

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players).
• SWOT analysis of key players (up to 3 players).

Market Segmentation

• Current market segmentation of any one of the product types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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