Amines Market | Arkema SA, AkzoNobel N.V., Alkyl Amines Chemicals Ltd., BASF SE
The global amines market is projected to reach around US$ 17,675.1 million by the end of 2027, in terms of revenue, growing at CAGR of 3.5% during the forecast period (2020-2027).
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Global Amines Market, By Product Type:
Global Amines Market, By Application:
Crop Protection Chemicals
Fluctuating prices of raw materials used in the manufacturing of amines and its derivatives are expected to hamper the market growth of amines. The chemical commodities market has experienced an upward trend of prices for ammonia which has direct impact on overall price of amines.
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Alkylamines and fatty amines are gaining traction in the market due to growing demand for the production of corrosion anti-cackling agents, inhibitors, emulsifiers, froth flotation agents, and additives are expected to fuel market growth. Increasing demand for cleaners and detergents is also expected to foster the market growth of amines. Thus, the growing popularity of alkylamines and fatty amines are propelling the market growth of the amines.
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