Specialty Amines Market Analysis

  • Report ID: 5999
  • Published Date: May 17, 2024
  • Report Format: PDF, PPT

Specialty Amines Market Analysis

Type (Alkyl Alkanolamines, Ethanolamines, Ethyleneamines, Isopropanolamines)

Ethanolamines segment is poised to account for around 48% specialty amines market share by 2036 because of the intensive use of ethanolamines as feedstock in the generation of detergents, pharmaceuticals, emulsifiers, etc. globally.

Between 2024 and 2036, the world's consumption of ethanolamines is expected to increase at an average annual rate of 2.4%, mostly due to the growth of growing Asian markets, especially those in mainland China. The current global population growth and climate change make it imperative that innovative, practical, and affordable natural products be developed for the good of humanity.

Treatment Type (Water Treatment, Personal Care)

By 2036, personal care segment is estimated to dominate over 70% specialty amines market share owing to the increasing use of specialty amines in personal care kinds of stuff such as soaps, shampoos, and different types of creams, etc.

Eastman's functional amines division produces basic alkyl amines and solvents, which serve as the foundation for many of its downstream derivative products. The specialized amines division of Eastman comprises formic acid solutions, performance products, and specialty intermediates. These offerings offer amine-derived building blocks that are commonly utilized in personal care end-use applications.

Function (Solvent, Chelating Agent, Corrosion Inhibitor, Bleach Activators, Surfactants)

In specialty amines market, surfactants segment is predicted to account for around 37% revenue share by 2036 due to the increasing awareness associated with personal care in people globally.

According to the Personal Care Association Europe, the 500 million customers in Europe who use cosmetics and personal care products daily do so to safeguard their health, improve their well-being, and increase their self-esteem. Cosmetics, which include everything from antiperspirants to perfumes, shampoos, make-up, and sunscreen to soaps, tubes of toothpaste, and sunscreens, are vital at every stage of life and offer significant emotional and practical advantages.

Our in-depth analysis of the global specialty amines market includes the following segments:

          Type

  • Alkyl Alkanolamines
  • Ethanolamines
  • Ethyleneamines
  • Isopropanolamines

          Treatment Type

  • Water Treatment
  • Personal Care

          Grade

  • <99%
  • ≥ 99%
  • ≥ 99%

          Function

  • Solvent
  • Chelating Agent
  • Corrosion Inhibitor
  • Bleach Activators
  • Surfactants

          Application

  • Herbicides
  • Catalysts
  • Petroleum & Oil Additives
  • Metalworking Fluid Additives
  • Chemical intermediates
  • Paint & Coatings

          End-Users Industries

  • Pharmaceutical
  • Fertilizer & Petrochemical
  • Chemicals
  • Paints & Adhesives
  • Automobile
  • Petroleum Refining

           Implementation Type

  • Pharmaceutical
  • Chemicals
  • Automotive
  • Agriculture
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Author Credits:  Rajrani Baghel


  • Report ID: 5999
  • Published Date: May 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the specialty amines market was over USD 15 billion.

The market size for the specialty amines market is calculated to cross USD 21 billion by the end of 2036 expanding at a CAGR of 5% during the anticipated timeframe i.e., between 2024-2036.

The major players in the market are BASF SE, Air Products and Chemicals Inc., Arkema Group, The Dow Chemical Company, BorsodChem MCHZ, Eastman Chemical Company, Alkyl Amines Chemicals Ltd., Huntsman Corporation, Ascend Performance Materials LLC, SABIC, Solvay, Koei Chemical Co., Ltd., Chugai Pharmaceutical Co., Ltd., Akzo Nobel N.V., INEOS Group Limited, and others.

The personal care segment is anticipated to have a share of 70% during 2024-2036.

The North American specialty amines sector is poised to hold a 38% share by the end of 2036.
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