Market Research Report
Fatty Amines Market Size, Share & Trends Analysis Report By Product (Primary, Secondary, Tertiary), By Application (Agrochemicals, Oilfield Chemicals, Personal Care), And Segment Forecasts, 2019 - 2025
|Published by||Grand View Research, Inc.||Product code||526081|
|Published||Content info||210 Pages
Delivery time: 2-3 business days
|Fatty Amines Market Size, Share & Trends Analysis Report By Product (Primary, Secondary, Tertiary), By Application (Agrochemicals, Oilfield Chemicals, Personal Care), And Segment Forecasts, 2019 - 2025|
|Published: June 25, 2019||Content info: 210 Pages||
The global fatty amines market size is expected to reach USD 4.9 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.0% during the forecast period. Rising consumption of personal care and household products and agricultural commodities is anticipated to propel the product demand. Increasing disposable income, product innovation, and high market penetration are some of the factor anticipated to contribute to the rising demand for fatty amines.
The market growth is majorly influenced by the end-use industries. The U.S. fatty amines market in water treatment chemicals application is expected to hold the largest market share due to the rising awareness regarding recycling and reusing polluted water because of water scarcity in the region.
In 2016, Evonik acquired the units of Air Products Performance Materials business to reinforce its position for lucrative growth in the specialty additives market. This strategic acquisition has helped the company to uphold its foremost position in the high-margin market for specialty additives globally.
Most of the fatty amines these days are also derived from castor oil as the demand for biodegradable and sustainable products. Rising efforts to decrease dependence on petrochemicals is likely to remain a significant dynamic for the global castor oil and derivatives industry.