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Fatty Amines Market Size Analysis, Comprehensive Research Study 2032 | Kao Corporation, Nouryon, Solvay, Huntsman Corporation, Global Amines Company Pte. Ltd.
Fatty Amines Market Research
The Business Research Company's Fatty Amines Global Market Report 2023 identifies increasing demand for liquid detergent will propel as the major driver for the Fatty Amines market's growth in the forecast period. Demand for liquid detergent is increasing because of the use of washing machines and dishwashers in urban areas, improvement in living standards, and changes in consumer lifestyle. Consumers are adopting liquid detergent because of its ability to help release and break down stains in fabrics.
The global fatty amines market size grew from $3.74 billion in 2022 to $4.1 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The fatty amines market size is expected to grow to $5.54 billion in 2027 at a CAGR of 7.8%.
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Major competitors in the Fatty Amines market are Kao Corporation, Nouryon, Solvay, Huntsman Corporation, Global Amines Company Pte. Ltd., Evonik Industries AG, Lonza Group Ltd., Ecogreen Oleochemicals GmbH, Indo Amines Limited, Volant-Chem Corp, Arkema S.A., KLK OLEO, India Glycols Limited and ERCA SPA.
A key trend in the Fatty Amines market includes development of novel applications and technological innovation. For example, in November 2021, according to a research article published by European Federation for Medicinal Chemistry (EFMC), a Belgium-based non-profit organization that represents European medicinal chemistry societies, researchers have achieved the direct synthesis of multiple medium and long chain primary fatty amines in one pot with analytical yields as high as 97 % by coupling a lipase with a carboxylic acid reductase (CAR) and a transaminase (TA).
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The Fatty Amines market is segmented -
By Product: Primary Fatty Amines, Secondary Fatty Amines, Tertiary Fatty Amines
By Application: Agrochemicals Oilfield Chemicals, Asphalt Additives, Water Treatment, Chemical Synthesis, Personal Care, Household
By Function: Emulsifiers, Floatation Agents, Anti-Caking Agents, Dispersants, Corrosion Inhibitors, Chemical Intermediates
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fatty Amines market.
The Business Research Company's "Global Fatty Amines Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Fatty Amines Market Include:
1. Executive Summary
2. Fatty Amines Market Market Characteristics
3. Fatty Amines Market Market Trends And Strategies
4. Fatty Amines Market - Macro Economic Scenario
5. Fatty Amines Market Market Size And Growth
……
26. Africa Fatty Amines Market Market
27. Fatty Amines Market Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fatty Amines Market Market
29. Fatty Amines Market Market Future Outlook and Potential Analysis
30. Appendix
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