Fatty Amines Market, Industry Size Forecast Report 2024-2033

The new report published by The Business Research Company, titled ""Fatty Amines Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the fatty amines market size has grown strongly in recent years. It will grow from $4.07 billion in 2023 to $4.45 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The fatty amines market size is expected to see strong growth in the next few years. It will grow to $6.39 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%.

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Rising Agrochemical Demand Ignites Growth In Fatty Amines Market
The increasing demand in agrochemicals is expected to propel the growth of the fatty amines market going forward. Agrochemicals refer to a broad category of chemical products designed for use in agriculture to enhance crop production and protect plants from pests, diseases, and weeds. Fatty amines contribute to their widespread use in the agrochemical industry, where they enhance the performance and efficiency of various agricultural products, reduce surface tension, formulation stability, serve as adjuvants, improving soil penetration, improved crop protection, enhanced rainfastness, and reduction of spray drift during pesticide application. For instance, in May 2023, according to the Eurostat, an EU-based statistical office, in the European Union, 355 175 tons of pesticides were sold in 2021 this represented a modest rise of 2.7%. Therefore, the increasing demand in agrochemicals is driving the growth of the fatty amines market.

Technological Advancements And Innovative Applications Propel Growth In The Fatty Amines Market
The development of novel applications and technological innovation are shaping the fatty amines market. Technological innovation and the development of novel applications are important factors that help in raising demand from the industries such as fabric conditioning, paint & coatings, detergents, and mining. 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). This method of synthesis represents a method of producing primary fatty amines from renewable triglycerides and oils. Additionally, a preparative reaction on a 75 mL scale for trilaurin was conducted, yielding an isolated yield of 73% to the appropriate amine.

The fatty amines market covered in this report is segmented -

1) By Product: Primary Fatty Amines, Secondary Fatty Amines, Tertiary Fatty Amines
2) By Application: Agrochemicals Oilfield Chemicals, Asphalt Additives, Water Treatment, Chemical Synthesis, Personal Care, Household
3) By Function: Emulsifiers, Floatation Agents, Anti-Caking Agents, Dispersants, Corrosion Inhibitors, Chemical Intermediates

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Major companies operating in the fatty amines market report are BASF SE, Evonik Industries AG, Zhejiang Xinhua Chemical Co. Ltd., Solvay S.A, DuPont, Arkema SA, AkzoNobel NV, Kao Corporation, KLK OLEO, Huntsman Corporation, Albemarle Corporation, Oxiteno, Lonza Group Ltd., Nouryon, Clariant AG, Sigma-Aldrich Corporation, Ashland Global Holdings Inc., Croda International plc, India Glycols Limited, Ecogreen Oleochemicals GmbH, Temix Oleo Srl, Indo Amines Limited, Procter & Gamble Chemicals Company, Global Amines Company Pty. Ltd., Volant Chem Corp., Qida Chemical Co. Limited, ERCA SPA, Shandong Haili Chemical Industry Co. Ltd., Gujarat Fluorochemicals Limited, Nippon Shokubai Co. Ltd.

Contents of the report:
1. Executive Summary
2. Fatty Amines Market Report Structure
3. Fatty Amines Market Trends And Strategies
4. Fatty Amines Market - Macro Economic Scenario
5. Fatty Amines Market Size And Growth
…..
27. Fatty Amines Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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