Demand for Amines Market to increase across Asia Pacific in the coming years | By key players BASF SE, Alkyl Amines & Chemicals Ltd , Huntsman Corporation , Evonik Industries, Hexion Inc., Balaji Amines, AkzoNobel N.V. , DowDuPont

Amines market are functional groups and organic compounds that consist of a nitrogen atom along with a pair of electrons. Some of the important amines are biogenic amines, aniline and amino acids. Amines possess a particularly unpleasant smell that is like rotten fishes. These groups are crucial in overall life survival as they are used in creating amino acids, which are considered the building blocks of proteins in humans. In fact, many vitamins are made from these amino acids.

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Top Key Players in The Market are:

BASF SE, Alkyl Amines & Chemicals Ltd , Huntsman Corporation , Evonik Industries, Hexion Inc., Balaji Amines, AkzoNobel N.V. , DowDuPont, Daicel Chemical Industries Ltd, Corbion, Volant-Chem Corp., Lonza Corporation, Koei Chemical Company Limited, NOF Corporation and Luxi Chemical Co., Ltd.

As amines are hydrogen-based compounds, they have high boiling points and significant solubility in water. Amine compounds with fewer carbon atoms exist in a gaseous state with a fishy odor. On the other hand, an amine compound with more than three carbon atoms exists in solid state. When subjected to atmospheric oxidation, amines can gain some color, but they are generally found in a colorless state.

Amines are extensively used in day-to-day activities. They are used to eliminate carbon dioxide from combustion gases which is known as amine gas treating. They are also used in the textile industry for preparing azo dyes which are crucial for treating materials like nylon and leather. Also, they are used in the chemical processing industry as corrosion inhibitors in lubricating oils and boilers.

On that note, a recent study shows that the amines market is anticipated to exceed USD 28 billion by the end of 2026.

Increased usage of amines in the pharmaceutical industry

The pharmaceutical industry is known for extensively using amines. They are used in Demerol and morphine, some of the most popular pain killers. Amines are also used in making Novocaine, which is used as an anesthetic. As mentioned before, amines are useful in making amino acids that help in regulating the vitamin levels in human beings. They are also used as stimulants for neurotransmitters like serotonin.
Rising agricultural activities in Asia Pacific to encourage the consumption of amines market
Countries like India are majorly dependent on agriculture. With the introduction of new crop-protecting chemicals, the agricultural sector is set to prosper in the region. Now, amines are used in the production of chemicals like insecticides, herbicides and pesticides. For instance, diethanolamine is a crucial ingredient in producing glyphosate which improves the quality of the herbicide. Combining these two factors, it can be concluded that the expanding agricultural industry in Asia Pacific will increase the usage of amines in the region.

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Stringent regulations in the personal care industry to impact amines consumption

Amines market are used in various cosmetic products including shampoos, creams, soaps, etc. However, in presence of a nitro sating agent, the amines react to form nitrosamines. Nitro sating agents are naturally occurring compounds that can be found in various situations, say the packaging of the product or in some preservatives that are used for product storage.

There is a concern when it comes to nitrosamines. They have been identified with the potential of being carcinogenic to human beings. This is the reason personal care and cosmetic products are meticulously formulated to reduce the formation of nitrosamines.

The US FDA and Cosmetics Europe, the European cosmetics trade association, have issued strict guidelines to personal care product manufacturers on maintaining nitrosamine levels during the production process. Such stringent regulations will discourage cosmetic manufacturers from using amines, thus reducing their demand from the sector.

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