Amines Market Driving Factors, Specifications and Chain Value
Analysis Forecast 2025
“Amines Market is expected to witness significant growth over the forecast
period owing to increasing application scope in personal care products, crop
protection, paint & coatings, surfactants and water treatment.”
Industry Insights
The Global Amines Market size was estimated at USD 14.4 billion in 2016 and is anticipated to reach USD 29.3
billion by 2025. Amines market is expected to witness significant growth over the forecast period owing to
increasing application scope in personal care products, crop protection, paint & coatings, surfactants and water
treatment. Rising need for yield improvement among farmers coupled with growing agricultural industry
demand for fertilizers is projected to fuel the market growth over the next eight years. India and China are
anticipated to act as important countries to drive the growth primarily due to the rising end user industry
demand for amines as a raw material in manufacturing azo dyes and as an ingredient for making drugs in
pharmaceutical industry.
Amine growing demand for gas treatment to remove hydrogen sulfide (H2S), and carbon dioxide (CO2) from
refinery process streams is also expected to bolster the market growth by 2024. Furthermore, improving
infrastructure growth in BRICS countries, and rising demand for heavy duty laundry liquids are anticipated to
propel the market demand over the forecast period. In addition, increasing cosmetic products demand in
developing markets of India and China coupled with growing personal care industry in Germany is likely to boost
the amines market over the next eight years.
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