Specialty Amines Market Size

Specialty Amines Market size was over USD 15 Billion in 2023 and is expected to exceed USD 21 Billion by the end of 2036, overgrowing at a CAGR of over 5% during the forecast period i.e., 2024-2036. In the year 2024, the industry size of specialty amines is assessed at USD 17 Billion.

The rising advancement in pharmaceutical industries globally will exponentially help the specialty amines market to grow in the upcoming years. According to the data provided by the Congressional Budget Office of the U.S., compared to the preceding eleven years, the number of new pharmaceuticals licensed for sale climbed by 60% between 2010 and 2021, reaching a peak of 59 new drugs approved in 2018.