DUBLIN--(BUSINESS WIRE)--The "Global Fatty Amines Market - Segmented by Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The market for fatty amines is expected to register a significant growth during the forecast period, 2018 to 2023.This tremendous growth is significantly driven by the growing demand for fatty amines as emulsifiers in agrochemicals.
Fatty amines are known to improve the efficiency of agrochemicals, which enhance the plant's growth by acting as activator adjuvants. Recently, there has been huge growth in the consumption of agrochemicals due to increased pressure on dwindling farmlands, as a result of growing population and urbanization. The growing use of agrochemicals was expected to considerably boost the demand for fatty amines, with fatty amine ethoxylates being one of the core chemicals in the agriculture sector.
Among the applications, water treatment application is the largest market for fatty amines, with more than 20% share of the global market. One of the major factors driving the market is the high demand for fatty amines as a water softener. Various industrial plants, refineries, and manufacturing industries, use fatty amines for waste water treatment, which has contributed to the increasing demand for fatty amines in the water treatment industry.
In 2017, Asia-Pacific accounted the largest regional market for fatty amines. Factors, such as growing usage of fatty amines in the agrochemical sector in Asia-Pacific, is favoring the market growth. High growth rate has been expected in countries, like India, as the demand for fatty amines in soaps and detergents industry has amplified. Manufactures are intending to shift their manufacturing bases to Asia-Pacific, owing to favorable petrochemical amendments and regulations and ease in the availability of raw materials.
- AkzoNobel NV
- Ecogreen Oleochemicals GmbH
- Evonik Industries
- Global Amines Company Pte Ltd
- Huntsman International LLC
- India Glycols Ltd.
- Indo Amines
- Kao Corporation
- KLK OLEO
Qida Chemical Co. Ltd
- S.A.dong Dafeng Biotechnology Co. Ltd
- Solvay SA
- Volant-Chem Group.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/5f5xxb/global_fatty?w=4