GITNUX MARKETDATA REPORT 2024
Amines Industry Statistics
The amines industry is expected to see steady growth in the coming years, driven by increasing demand in various applications such as agriculture, pharmaceuticals, and personal care products.
In this post, we explore key statistics and trends shaping the amines industry, offering insights into its market size, growth projections, regional dynamics, and application sectors. From the market value in 2019 to future forecasts and emerging segments, the amines industry presents a landscape of opportunities and challenges for stakeholders worldwide.
Statistic 1
"The global amines market was valued at USD 13.35 billion in 2019."
Statistic 2
"The industry is expected to grow at a CAGR of 7.2% from 2020 to 2027."
Statistic 3
"Ethanolamine product category is projected to rise at a CAGR of 7.7% during the forecast period."
Statistic 4
"Personal care is projected to emerge as the fastest-growing application segment, registering a CAGR of 7.6% from 2020 to 2027."
Statistic 5
"The Asia Pacific held the largest market share of over 35.0% in 2019."
Statistic 6
"Alkylamines accounted for 38% of the global amines industry value in 2017."
Statistic 7
"Fatty amines market size had exceeded USD 1.4 billion globally in 2018."
Statistic 8
"Fatty amines demand is anticipated to exceed 700 kilo tons in term of volume by 2026."
Statistic 9
"North America amine market has a share of more than 18% in 2019."
Statistic 10
"Agricultural chemicals application led the fatty amines market accounting for over 50% of the overall demand in 2015."
Statistic 11
"The global amines market size for crop protection chemicals was over USD 2 million in 2015."
Statistic 12
"By 2030, the amines market in Latin America is expected to reach an approximate size of USD 1.6 billion."
Statistic 13
"Amines market in Middle East & Africa is projected to expand at a less than 4.0% CAGR over the period of 2020–2030."
Statistic 14
"The amphoteric nature of amines is expected to drive their market in water treatment sector."
Statistic 15
"Approximately 30% of all the fertilizers sold globally contain amines."
Statistic 16
"The global amines market is projected to reach USD 21 billion by 2026, growing at a CAGR of 6.3%."