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Quality Amine, Non-Amine Chemicals, and Formulations Market Size & Share, by Product {Amine (Ethanolamine, Ethylene Amine, Alkyl Amine), Non-Amine}; Application (Medicines, Water Treatment, Azo-Dyes, Pesticides); End-user (Healthcare, Agriculture, Textile, Personal Care) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 3852
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT
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Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Quality Amine, Non-Amine Chemicals, and Formulations Market size is set to expand at significant growth rate during the forecast period i.e., between 2025-2037.

Amines find application in various day-to-day activities, including production of amino acids inside the human body. The growing use of amine formulation and chemicals amongst various sectors is estimated to primarily drive the market growth. Besides, surge in the demand for agrochemicals, backed by increasing demand for food crops to feed the growing population, is anticipated to propel the market growth. For instance, it was noticed that the volume of agrochemicals reached close to 285 million metric tons in 2019. Moreover, amine chemicals find application in pharmaceutical industry, which is estimated to boost the market growth. Various analgesics, anesthetics, decongestants, including, morphine, Demerol and Novocain, contain amines. Moreover, increasing investment in the chemical sector globally, is projected to fuel the market growth.

Growth Drivers

  • Application of Amine Chemicals in Agriculture
  • Increasing Investment in Chemical Sector

Challenges

  • Circulation of Generic Chemicals

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Quality Amine, Non-Amine Chemicals, and Formulations Segmentation

The market is segmented by application into medicines, water treatment, azo-dyes, pesticides, and others. Out of these segments, the medicines segment is anticipated to hold the notable share in the global market over the forecast period on account of the increasing research activities in healthcare for development of new drugs, along with rising demand for analgesics. Moreover, increasing investment in the healthcare sector is further anticipated to encourage the segment growth. 

Our in-depth analysis of the global market includes the following segments:

           By Product Type
  • Amine
    • Ethanolamine
    • Ethylene Amine
    • Alkyl Amine
    • Others
  • Non-Amine

             By Application
  • Medicines
  • Water Treatment
  • Azo-dyes
  • Pesticides
  • Others

 

 

           By End-User Industries
  • Healthcare
  • Agriculture
  • Textile
  • Personal Care
  • Others
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Quality Amine, Non-Amine Chemicals, and Formulations Industry - Regional Synopsis

Asia Pacific industry is expected to account for largest revenue share by 2037. The market in Asia Pacific industry is likely to dominate majority revenue share by 2037, owing to growing chemical sector, along with lower cost of raw materials and labor in the region.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period on the back of the growing pharmaceutical research in the region, along with the high investment in healthcare sector. Furthermore, the presence of major pharmaceutical companies in the region is bound to surge the demand for amine, and other chemicals to manufacture drugs, which is projected to boost the regional market growth.

Quality Amine, Non-Amine Chemicals, and Formulations Market Size
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Companies Dominating the Quality Amine, Non-Amine Chemicals, and Formulations Landscape

    • BASF SE
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • KOEI Chemical Co., Ltd.
    • Alkyl Amines Chemicals Ltd.
    • Volant Chem Corp.
    • Evonik Industries AG
    • Huntsman Corporation
    • Hexion Inc.
    • LUXI GROUP
    • Nouryon Chemicals Holding B.V.
    • Eastman Chemical Company

Recent Developments

  • April 30, 2020: Koei Chemical Company, Limited to provide raw materials to pharmaceutical companies Gilead Sciences, Inc. and FUJIFILM Toyama Chemical Co., Ltd.

  • September 29, 2021: Nouryon, a global specialty chemicals manufacturer, to start production at its new facility in China, aiming to support polymer demand in Asia for the packaging, paint and coatings and construction end-markets.

  • Report ID: 3852
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT
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Frequently Asked Questions (FAQ)

Quality Amine, Non-Amine Chemicals, and Formulations Market size is set to expand at significant growth rate during the forecast period i.e., between 2025-2037.

The increasing application of amines and non-amines in pharmaceutical, cosmetics, and agrochemicals, will boost the market growth.

Asia Pacific industry is expected to account for largest revenue share by 2037, owing to growing chemical sector, along with lower cost of raw materials and labor in the region.

The major players in the market are KOEI Chemical Co., Ltd., Alkyl Amines Chemicals Ltd., Volant Chem Corp., Evonik Industries AG, Huntsman Corporation, Hexion Inc., LUXI GROUP, and others.

Quality Amine, Non-Amine Chemicals, and Formulations Market Report Scope

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