Research Nester assesses the growth and market size of the global fatty amines market which is anticipated to be on account of the growing construction and building activities all across the globe.

Research Nester’s recent market research analysis on “Fatty Amines Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global fatty amines market in terms of market segmentation by type, end-use, function and by region.

Growing Demand for Liquide Detergent and Fabric Softeners in the Industrial Sector to Promote Global Market Share of Fatty Amines

The global fatty amines market is estimated to grow majorly on account of the increased requirement for fabric softeners and liquid detergents in the industrial domain. Fatty amines are derivatives of ammonia and are organic compounds containing one or more hydrogen atoms substituted with aryl or alkyl groups. These compounds are also known as oleochemicals. Catalytic hydrogenation of fatty nitriles continuously separates fatty amines from biochemicals. They can be used for a variety of purposes including water treatment, pesticides, petrochemicals, asphalt additives, anticaking agents, and other uses in the mining, personal care, textile, paint, and mixed industries. Fatty amines are used in many consumer areas, including areas related to texturing, disinfection, organology, corrosion protection, and other cosmetic additives. In addition, its use in fabric softeners and liquid detergents is increasing. Increasing demand for liquid detergents and fabric softeners and industrial investments from developed countries is estimated to drive the growth of this market during the forecast period. 

The global fatty amine market is mainly expected to be driven by increasing demand for pesticide and asphalt additives worldwide. The rapidly growing water treatment chemical industry is also driving demand for fatty amines. The growing world population and accompanying growing demand for agricultural products are expected to contribute to the demand for fatty amine-based pesticides. Around, 2 million tonnes of pesticides are utilized annually worldwide, where China is the major contributing country.

Some of the major growth factors and challenges that are associated with the growth of the global fatty amines market are:

Growth Drivers:

  • Surge in the Technological Advancement
  • Rising Demand for Water Treatment Chemicals

Challenges:

The availability of relatively eco-friendly and economical substitutes, uncertain raw material prices, and variable availability of fatty amines, as well as stringent regulations regarding the harmful effects of these compounds limit their use. The existence of government regulations is a major factor preventing the use of these compounds. Moreover, harmful side effects of fatty amines are also expected to limit the market growth in the upcoming times. These are some of the major factors anticipated to hamper the global market size of fatty amines.

By type, the global fatty amines market is segmented into tertiary, secondary, and primary fatty amines. The tertiary fatty amines segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. This market is projected to grow owing to the use of tertiary aliphatic amines and their derivatives in a wide range of applications such as softeners, surfactants, drilling muds, asphalt emulsifiers, disinfectants, and fungicides. 

 

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By region, the Asia Pacific fatty amines market is estimated to generate the highest revenue by the end of 2035. The growth in this region can be attributed owing to the increase in agriculture and sewage treatment industries in the region. As per Asian Development Bank, the Asia Pacific region held a total value of USD 3.5 trillion in agricultural production in 2020. China, India, and Japan are the countries leading the increasing demand for fatty amines at the domestic and international levels. Increasing growth in the water treatment business across the region, especially in the power generation and oil & gas business sectors, is boosting the market demand. In addition, the fact that agriculture is an important industry in many countries in the Asia-Pacific region has also increased the demand for treated water. Positive adjustments and regulations on petrochemicals are expected to further boost product demand during the forecast period. In recent years, the consumption of personal care products and household products has gradually increased in developing countries such as Japan, China, and India, and this trend is expected to continue. 

This report also provides the existing competitive scenario of some of the key players of the global fatty amines market which includes company profiling of Nouryon, Arkema S.A., Lonza, Solvay, Evonik Industries AG, Huntsman International LLC,

 

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