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Allied Market Research

Fatty Amines Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A07553
Pages: NA
Dec 2020 | 74 Views
 
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Fatty Amines Market Analysis 2020-2027:

Fatty amines (also called as oleochemicals) are organic compounds that are derivatives of ammonia and one or more hydrogen atoms in these compounds, which are substituted by either aryl or alkyl group. Fatty amines are constantly separated from oleochemicals and catalyzed by the hydrogenation process in fatty nitriles. They are available for use in many applications such as water treatment, agro chemicals, petroleum chemicals, asphalt additives, anti-caking, and others such as mining, personal care, textile, painting, and blending. Fatty amines have applications in a variety of consumer industries, including corrosion inhibition, organology, sanitization, texture, and other cosmetic additives. Furthermore, they are increasingly being used in liquid detergents and fabric softeners. 

Market scope and structure analysis:

                  Report Metric

                                      Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Application, Industry Vertical

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

Glycols Ltd., Temix International S.R.L, Global Amines, Ecogreen Oleochemicals, Evonik Industries, Kao Corporation, Huntsman International LLC, Solvay S.A., and Indo Amines

 

COVID-19 impact:

  • The COVID-19 pandemic and subsequent halt in fatty amines manufacturing activities are expected to impact the market growth. 
  • In addition, the current trade disruption also is expected to have a significant impact on the availability of chemical stocks in foreign countries.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis 

Water treatment and agro-chemical components are predicted to continue to be major components, followed by the addition of asphalt and chemical components in the oilfield. Fabric softening, personal care, and mining are estimated to create lucrative opportunities for the market growth. Fatty amines are majorly used in the paints & coatings industry as they act as epoxy curing agents. Construction activities in Asia-Pacific and the Middle East as a result of increased demand are expected to drive the market growth. In addition, low cost of raw materials, adequate availability, low toxicity rates, and low production costs are the variables that are predicted to provide the potential for profitable growth during the forecast period. Fatty amines find application as ingredients in agro chemicals. Attributed to the benefits of fatty amines as emulsifiers, it is expected to stimulate the market growth. Therefore, increase in demand for agricultural and chemical agricultural products, is expected to continue to drive the fatty amines market growth. The asphalt additive component has been witnessing strong growth during the forecast period as it is widely used in the paint & coatings industry. 

Fluctuations in prices of raw materials and uncertain availability of amines are expected to hamper the market growth. The availability of more affordable alternatives that include environment-friendly products is expected to limit the acceptance of the product. Concerns about the risk of non-existent raw materials and the availability of fatty acids are expected to act as a barrier to the market growth.

Key segments covered:

                   Segments

                                 Sub-segments

  Type

  • Primary
  • Secondary
  • Tertiary

  Application

  • Anti-caking
  • Water Treatment
  • Chemical Synthesis
  • Personal Care
  • Agrochemicals
  • Oilfield Chemicals
  • Asphalt Additives
  • Others

  Industry Vertical

  • Chemical & Petrochemical
  • Oil & Gas
  • Energy & Power
  • Automotive
  • Food & Beverages
  • Healthcare
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the fatty amines market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the fatty amines market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the fatty amines market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the fatty amines market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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