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Amines Market 2019 by Applications, Geographic Regions, Opportunities, Challenges, Drivers, and Forecast by Size in 2024

Amines

This “Amines Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Amines market can use for expanding their business in untapped market to increase their customer base.

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Market Overview:

  • The market for amines is expected to expand at a CAGR of more than 4% during the forecast period of 2019 – 2024. A major factor driving the market studied is the accelerating demand for pesticides from developing countries.
  • – Increasing usage of bio-based products for agriculture in developed countries is expected to hinder the growth of the market studied.
  • – Increasing usage of genetically modified herbicide-tolerant seeds is likely to act as an opportunity in the future.<

    Amines Market Covers Manufacturers:

  • Air Products and Chemicals, Inc.
  • Akzo Nobel N.V.
  • Alkyl Amines Chemicals Limited
  • Arkema Group
  • BASF SE
  • Celanese Corporation
  • Clariant
  • Daicel Corporation
  • DowDuPont
  • Huntsman International LLC
  • INEOS
  • INVISTA
  • LyondellBasell Industries N.V.
  • Mitsubishi Gas Chemical Company Inc.
  • SABIC
  • Solvay
  • Tosoh Corporation

    Scope of the Report:

  • This report studies the global Amines market size, industry status and forecast, competition landscape and growth opportunity.

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    Key Market Trends:

    Increasing Demand for Personal Care Products

    – Personal care products include a variety of body care, as well as hair care products. Products, such as shampoos, hair conditioners, body washes, and soaps, along with other skin care products, occupy the major share of the segment.
    – In such products, the amines are commonly used as an intermediary to produce various cosmetics and hygienic products.
    – Use of amines in personal care products also includes cosmetic products, such as creams, lotions, emulsions, and gels. Lipsticks and nail polishes are other products that belong to the category of personal care products, in which amines actions are evident.
    – The personal care segment accounts for the second-largest share, in terms of end-use. Globally, this segment has been growing at a moderate rate in recent years.
    – Asia-Pacific and North America are the dominant regions in the amines market. In Asia-Pacific, China occupies the largest share, followed by India, while regarding the growth rate, India is expected to witness the fastest growth.
    – The amines market is growing in the personal care and cosmetic segments, due to the increasing awareness regarding the importance of personal hygiene and grooming among the youth.
    – The aforementioned factors are projected to drive the growth of the amines during the forecast period.

    Asia-Pacific to Dominate the Market

    – Asia-Pacific has become the largest consumer, as well as one of the largest producers of amines. The production has reached such high levels that it has become a major hub for the exporting of cosmetics and personal care products to developed nations, such as the United States, the United Kingdom, and Spain.
    – The tier-2 markets, such as South Korea, are expected to witness a rapid rise in the demand for personal care products. Moreover, China, and India are also likely to experience good opportunities for the personal care market.
    – Increasing awareness about the advantages of multi-functional personal care products is expected to boost the demand for amines during the forecast period.
    – Overall, the market share of Asia-Pacific in the personal care industry (including cosmetic products and others) is growing significantly and is likely to follow the same trend during the forecast period, driving the overall market for amines in the region.

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    Target Audience of Amines Market:

    • Manufacturer / Potential Investors
    • Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
    • Association and government bodies.

    Key Reasons to Amines Market Report:

    • Analyzing various perspectives of the Amines market with the help of Porter’s five forces analysis
    • The End User that is expected to dominate the Amines market is analyzed in detail
    • The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Amines market.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • Regional analysis of Amines market studied, during the forecast period
    • The segments that are expected to dominate the Amines market studied.

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