Amines Market worth $17,363.1 Million by 2018, According to A New Study on ASDReports

Wednesday 28 May 2014, Amsterdam

The "Amines Market By Type (Ethanolamines, Alkylamines, Fatty Amines, Specialty Amines And Ethylene Amines), By Application (Agricultural Chemicals, Cleaning Products, Gas Treatment, Personal Care Industry, Petroleum, Water Treatment & Others) & Geography - Trends And Forecasts To 2018" report analyzes the global amines market with respect to market drivers, opportunities, and trends in different regions.

Amines are significantly penetrating their end-user industries and personal use markets. They have different characteristics as per their use and application requirement in end products. The Asia-Pacific region is expected to dominate this market with its growing demand for amines in different applications, especially personal care and cleaning segments. The Asia-Pacific and ROW markets are estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.

Expansion is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of amines to match the new demands coming from various end-user industries. Ethanol amines are dominant among all the amines available, in terms of consumption and revenue, reasoned by its optimal cost to property.

Asia-Pacific is the largest region, both in terms of volume and value, followed by ROW and North America. China, Japan, India, Brazil, and Russia are expected to persist as successful amines markets. The key players in the global amines market are Taminco NV (Belgium), Huntsman Corporation (U.S.), Dow Chemicals (U.S.), Clariant (Switzerland), Air Products And Chemicals Inc. (U.S.), Akzo Nobel (The Netherlands), Alkyl Amines Chemicals Ltd. (India), Arkema (France), BASF SE (Germany), Celanese Corporation (U.S.), Daicel Chemical industries Ltd. (Japan), Dow Chemical (U.S.), and so on.

The amines demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.

The global amines market is estimated to grow from $10,258.0 million in 2012 to $17,363.1 million by 2018, at a CAGR of 7.5% from 2013 to 2018. The high demand across the industries, such as personal care, cleaning, agricultural chemical, gas treatment, and water treatment will increase the overall amines consumption.