Dimethylaminopropylamine Market Size

Dimethylaminopropylamine Market size is expected to reach USD 14 Billion by the end of 2036, growing at a CAGR of 6% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of dimethylaminopropylamine was USD 8 Billion. The reason behind the growth is impelled by the growing beauty & personal care industry across the globe. The rising demand for sustainable, organic, and clean options among consumers, and the growing consumer awareness of personal health has surged the production of skincare and hair care products.

According to estimates, globally, the beauty & personal care industry is expected to expand by around 3% between 2024 and 2028, reaching a market size of over USD 736 billion by 2028. Particularly, in 2022 global sales of cosmetics reach around USD 100 billion.

In addition to these, the growing usage of cocamidopropyl betaine is believed to fuel dimethylaminopropylamine market growth. The process of making cocamidopropyl betaine entails mixing dimethylaminopropylamine with raw coconut oil, which is mostly utilized as a detergent, and booster in shampoos.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of dimethylaminopropylamine was over USD 8 billion.

The market size for dimethylaminopropylamine is projected to cross USD 14 billion by the end of 2036 expanding at a CAGR of 6% during the forecast period i.e., between 2024-2036.

The major players in the market are Merck KGaA, BASF SE, Haihang Industry Co. Ltd., Air Products and Chemicals Inc., Alkyl Amines Chemicals Limited, Solvay SA, Tianjin Zhonxin Chemtech Co. Ltd., The Chemours Company, Realet Chemical Technology Co. Ltd., and others.

In terms of end-user, the personal care & cosmetics segment is anticipated to account for the largest market share of 45% during 2024-2036.

The Asia Pacific dimethylaminopropylamine sector is poised to hold the highest share of 40% by 2036.

Dimethylaminopropylamine Market Size