BASF is about to expand its Geismar, Louisiana facility's production capacity for important specialty amines. Following the completion of the expansion of a flexible world-scale manufacturing asset's production capacity by mid-2024, BASF will have increased production capacity for its major polyether amines and tertiary amines, which are sold under the LupragenTM and Baxxodur® trademarks. These North American resources will supplement a global network of facilities that produce specialty amines, which also includes Verbund locations in Nanjing, China, and Ludwigshafen, Germany.
A significant amines manufacturer in India, Balaji Amines, has finished the first phase of its growth ambitions. A new factory spanning more than 90 acres is part of this phase-1 expansion.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5478
Published Date: Jan 03, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Global urbanization, increasing applications in end-user industries like pharmaceutical, textile, and chemical; and increased awareness among the population regarding food quality, and use in the agricultural sector are some of the major growth drivers for the Ethylamine market.
The market size of Ethylamine is anticipated to attain a CAGR of 5 % over the forecast period, i.e., 2024-2036.
The major players in the market are Delamine B.V., Diamines and Chemicals Ltd., The Dow Chemical Company, Thermo Fisher Scientific Inc., Huntsman International LLC, Nouryon Chemicals Holding B.V., Oriental Union Chemical Corp., Sadara Chemical Company, Saudi Basic Industries Corporation, Tosoh and others.
The agricultural segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.