Chemical Planet

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 rap...

Increasing surfactant demand, coupled with rising need for crop protection chemicals in North America, are key factors driving market growth. The North America Amines Market size is expected to reach USD 4.02 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 7.7% during the forecast period. Fluctuating raw material cost for amines production has been putting a squeeze on margins primarily in U.S. Availability of raw materials and price is a key factor used by amines manufacturers to determine the cost of their product. Raw materials used for amines manufacturing include ammonia and ethylene oxide. Raw materials used in the production of amines are petroleum-based by products and thus vulnerable to fluctuations in commodity prices. Rising demand for bio-surfactants in developed countries of North America, on account of regulatory pressure to reduce dependence on their synthetic equivalents, is expected to create new growth opportunities for ...