Fatty Amines Market

Fatty Amines Market reaching a value beyond US$ 2 Bn in 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, anticaking, 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.
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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.Based on
application, water treatment segment is anticipated to lead the global fatty amines market. Agrochemicals will also be another key segment, followed by asphalt-additives. Oilfield chemicals
segment will also remain a notable application segment. Other application segments include anticaking and others i.e. mining, personal care, and fabric softener.
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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.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.
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