Global Amine Market to Reach USD 99.4 Billion by 2034, Driven by Agriculture and Industrial Demand | FMI

Amines market is growing, driven by their use as curing agents in coatings, aiding effective drying and hardening, alongside rising demand in various industries NEWARK, DE, UNITED STATES, February 10, 2025 /EINPresswire.com/ -- The global amine market is projected to grow significantly, reaching USD 39,469.6 million in 2024 and surging at a CAGR of 9.7% to hit USD 99,445.7 million by 2034. This growth is driven by increasing demand across industries such as agriculture, pharmaceuticals, and chemicals, where amines are essential for producing fertilizers, medicines, and solvents. Rising industrialization, expanding applications in water treatment, and advancements in chemical manufacturing are further fueling market expansion.

Amines, organic compounds derived from ammonia, play a crucial role in manufacturing agrochemicals, water treatment solutions, solvents, and surfactants. With the expanding scope of applications, the amine market is projected to experience steady expansion in the coming years.

𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰! https://www.futuremarketinsights.com/report-sample#5245502d47422d3133303236

𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

• Rising Demand in Agriculture – The increasing use of amines in agrochemicals, particularly herbicides and pesticides, is fueling market growth. As global food demand rises, so does the need for high-yield crop protection solutions.

• Growing Pharmaceutical Industry – Amines are key ingredients in drug formulation. With the rising prevalence of chronic diseases and an aging population, the pharmaceutical industry is set to drive amine demand.

• Surging Demand for Personal Care Products – The personal care sector relies on amines for producing hair care, skincare, and cosmetic products, contributing to market expansion.

• Water Treatment Industry Growth – Rapid industrialization and urbanization have increased the demand for efficient water treatment solutions, where amines play a pivotal role in pH control and corrosion inhibition.

• Expanding Chemical Industry – The chemical sector remains one of the largest consumers of amines, utilizing them in solvents, surfactants, and resins.

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• The amine market is expected to grow at a CAGR of 9.7% from 2024 to 2034, reaching an estimated valuation of USD 99,445.7 million by 2034.

• North America and Asia-Pacific are the dominant markets, with Asia-Pacific showing the fastest growth due to increasing industrialization and agricultural activities.

• Ethanolamines, alkylamines, and fatty amines are among the most widely used types, catering to industries like agriculture, pharmaceuticals, and cleaning agents.

• Market players are increasingly investing in research and development to innovate bio-based amines as a sustainable alternative.

• Strategic mergers, acquisitions, and capacity expansions are being witnessed in the industry as companies aim to strengthen their market presence.

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 – 𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭! https://www.futuremarketinsights.com/reports/amines-market

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬

• Agriculture, pharmaceuticals, and water treatment are major demand drivers for amines.

• North America and Asia-Pacific dominate the market, with Asia-Pacific leading in growth.

• Companies are focusing on sustainable, bio-based amine production to meet environmental standards.

• Strategic partnerships and acquisitions are shaping the competitive landscape of the industry.

“The amine market is witnessing substantial growth due to its widespread applications across various industries. While North America and Asia-Pacific are leading the way, emerging markets are showing strong potential. The push toward bio-based amines and eco-friendly solutions is likely to shape the future of the industry. Companies investing in sustainable production processes and strategic collaborations will be well-positioned to capture market share in the long run.” Says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The amine market is highly competitive, with several key players striving to expand their global footprint through product innovation and strategic collaborations.

Prominent companies in the industry include:

• Celanese Corporation
• The Dow Chemical Company
• Huntsman International
• Eastman Chemical Company
• ANGUS Chemical Company
• Ashland
• Alfa Aesar
• Hexion
• BLD Pharmatech Ltd.
• Oxiteno
• Indioquímica S.A
• BASF SE
• Lonza Group Ltd
• Nouryon
• Arkema SA
• INEOS
• LyondellBasell Industries N.V.
• Solvay S.A.

𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐃𝐞𝐯𝐢𝐬𝐞 𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐖𝐢𝐭𝐡 𝐚𝐧 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐍𝐨𝐰 𝐚𝐧𝐝 𝐏𝐫𝐨𝐩𝐞𝐥 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐅𝐨𝐫𝐰𝐚𝐫𝐝! https://www.futuremarketinsights.com/report-sample#5245502d47422d3133303236

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭

By Product Type:
Product types included in the study are fatty, aliphatic, specialty, aromatic, ethanol, and ethylene amines as well as derivatives. Coco, oleylamine, tallow, and soya are a few types of fatty compounds.

Methyl, ethyl, n-propyl, isopropyl, n-butyl, and cyclohexyl amines come under the aliphatic type. BAPMA, TEDA, DECHA, and DCHA are the key types of specialty compounds. Aniline, diphenyl, and phenylene diamine are the leading types of aromatic compounds. Urea, azo compounds, amino alcohols, amino acids, and imine and imino compounds are the key derivatives.

By End-use:
End-use segments included in the study are pharmaceuticals, agrochemicals, paints, coatings, dyes and inks, plastic, polymer and rubber, MDI, water treatment, cosmetics, personal care, industrial and home care, and others.

By Region:
Regions considered in the study include North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, and the Middle East and Africa.

𝐇𝐚𝐯𝐞 𝐚 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐇𝐲𝐝𝐫𝐨𝐜𝐚𝐫𝐛𝐨𝐧𝐬, 𝐏𝐞𝐭𝐫𝐨𝐜𝐡𝐞𝐦𝐢𝐜𝐚𝐥𝐬, 𝐚𝐧𝐝 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥𝐬

𝐍-𝐇𝐞𝐩𝐭𝐚𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞: https://www.futuremarketinsights.com/reports/n-heptane-market

𝐁𝐢𝐨-𝐁𝐚𝐬𝐞𝐝 𝐋𝐞𝐯𝐮𝐥𝐢𝐧𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡: https://www.futuremarketinsights.com/reports/bio-based-levulinic-acid-market

𝐀𝐝𝐢𝐩𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬: https://www.futuremarketinsights.com/reports/adipic-acid-market

𝐀𝐥𝐜𝐨𝐡𝐨𝐥 𝐄𝐭𝐡𝐨𝐱𝐲𝐥𝐚𝐭𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐦𝐚𝐧𝐝: https://www.futuremarketinsights.com/reports/alcohol-ethoxylates-market

𝐅𝐚𝐭𝐭𝐲 𝐄𝐬𝐭𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: https://www.futuremarketinsights.com/reports/fatty-esters-market

𝐓𝐫𝐢𝐦𝐞𝐫 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞: https://www.futuremarketinsights.com/reports/trimer-acid-market

𝐄𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐀𝐦𝐢𝐧𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: https://www.futuremarketinsights.com/reports/ethylene-amines-market

𝐀𝐛𝐨𝐮𝐭 𝐅𝐮𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 (𝐅𝐌𝐈)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

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