Global Fatty Amines Market to Record a Sluggish CAGR Growth of 4.1% over 2016-2020

Applications in several end-use industries will continue to fuel the market for fatty amines globally. By 2016 end, the global fatty amines market is estimated at US$ 1,855.3 Mn. Developing countries in Asia-Pacific will remain the key markets for fatty amines, whereas applications in water treatment and agro-chemical industries will continue to generate significant demand for fatty amines.

Corrosion inhibition, fabric softening, lubricant additive, organoclaying, and sanitization are some of the most popular applications, which are expected to sustain the demand for fatty acids in a market. A few other prominent applications, including mining, water treatment, personal care, anti-caking, oilfield chemicals, paints and coatings, and agro-chemicals, are also likely to register significant consumption. Rising global population resulting in increasing demand for food products is eventually driving the market for asphalt-additives and agro-chemicals. Similarly, growing need for water treatment will be a major factor propelling the market for water treatment chemicals, and in turn escalating the sales of fatty amines.

Request Sample Report@ sample link https://www.persistencemarketresearch.com/samples/12913

The advent of technology and new application development will be a vital factor favoring the market growth. Mining, paints and coatings, fabric conditioning, and detergents, are foreseen to be the major verticals recording notable consumption of fatty acids. Industries associated with the paints and coatings vertical, such as automotive and construction, are foreseen to be among the prominent consumers of fatty amines.

The volatility of the prices of raw materials and uncertainty of the fatty amines availability may, however, continue to create unfavorable conditions for the global fatty amines market growth.

By product type, the global fatty amines market will witness continued dominance by the tertiary fatty amines segment. With the largest market value share of over 47% by 2016 end, this segment may experience a slight decline in its market share post-2016. Primary fatty amines segment, with over 29% revenue share in 2016, is likely to witness a Y-o-Y of 4.9% in 2017 over 2016.

Request to View Tables of Content @ https://www.persistencemarketresearch.com/toc/12913

Based on application, water treatment segment is anticipated to lead the global fatty amines market. Agro-chemicals will also be another key segment, followed by asphalt-additives. Oilfield chemicals segment will also remain a notable application segment. Other application segments include anti-caking and others i.e. mining, personal care, and fabric softener.

By region, APAC is likely to remain dominant with nearly 30% market value share in 2016. In 2017, this region will witness moderate Y-o-Y growth of 4.2% over 2016. The next key market is North America that is expected to exhibit a higher Y-o-Y of 6.3% in 2017 over 2016.

View Report Table of Contents, Figures, and Tables

DuPont, Kao Corporation, AkzoNobel N.V., Clariant AG, Evonik Industries AG, Procter & Gamble Chemicals Company, Sigma-Aldrich Corporation, CECA Arkema Group, Lonza, and Volant-Chem Group are some of the leading companies participating in the global fatty amines market.

Buy Fatty Amines Market Report@ https://www.persistencemarketresearch.com/checkout/12913

 About Us 
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.com

This release was published on openPR.