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Phenomenal Growth of Amines Market from Demand and Supply

The fast-paced growth of the personal care industry across the globe acts as a prime factor driving market growth. In addition, the increasing application scope of the product in the water treatment and building & construction industries is projected to have positive impacts on the overall market growth over the forecast years.

The Global Amines Market is expected to reach USD 29.3 billion by 2025, according to a new report by Grand View Research, Inc.
 
The growing use of ethanol amines and its derivatives for the manufacture of a gamut range of emulsifiers, additives, chelating agents, and chemical intermediates for gas and water treatment is expected to drive demand for the product over the coming years. Ethanolamine accounted for the largest product segment on account of the high usage in skin and hair care products, including shampoos, cosmetics, conditioner, and serum.

Amines are increasingly being used for the manufacture of asphalt and concrete additives. The rapid growth of building & construction in key economies such as China, Germany, India, and the U.S., is slated to drive product demand over the forecast years.

The amines industry is expected to witness the fastest growth in the personal care application segment, slated to grow at a CAGR of 5.2% during the forecast period, in terms of revenue. The presence of highly integrated market players such as BASF SE, Dow Chemicals, Eastman Chemical, and PPG Industries, with extensive product portfolios and distribution networks across the globe, is expected to drive the overall industry demand over the forecast period.

To Know More About Amines Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/amines-industry 

The amines market was valued at USD 14.4 billion in 2016 and is projected to grow at a significant growth rate during the forecast period, mainly on account of growing applications in several end-use verticals, including personal care, construction, mining, and metalworking.

Top Players of Amines Market:

Market participants include players such as PPG Industries, Eastman Chemicals, BASF SE, Quaker Chemicals, Dow Chemicals, and Sinopec, among others.

Market Segmentation of Amines Market:

The Global Amines Market segmented on the basis of Product, Application and Region.

By Product:

    Ethanolamine
    Fatty Amines
    Alkylamines

By Application:

    Crop Protection
    Surfactants
    Water treatment
    Personal care
    Gas Treatment

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Amines Market with Our Experts @ https://www.grandviewresearch.com/inquiry/174
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