Growth of the agrochemical industry increases the demand for aliphatic amines market

Posted on 2022-09-15 by Fact.MR in Chemicals // 0 Comments

Aliphatic Amines Market: Overview

The market for aliphatic amines has slowed massively due to the global spread of the Covid-19 pandemic.

Demand fell to extreme levels as the lockdown created hurdles for major players in that market. However, as the recovery begins in 2021, the big players will rebound their positions through production expansion, capacity utilization and online sales in 2021, taking Covid-19 norms into account.

Leading companies such as Dow Chemical Company, Arkema Group, Huntsman Corporation, Solvay, Clariant, Evonik, NOF Corporation, P&G Chem, Tianjin Tianzhi Fine Chemical Co. Ltd. and others are investing heavily in building research institutes in various future regions with improvements in their offerings.

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Cooperations, digital marketing, mergers and acquisitions, capacity utilization, technological advancements, etc. to lead the global aliphatic amines market with the largest market share.

Aliphatic Amines Market: Introduction

Aliphatic amines are organic compounds that contain a nitrogen atom with a lone pair of electrons. Amines in which no aromatic ring is directly bonded to the nitrogen atom are called aliphatic amines. Amines are derivatives of ammonia. Aliphatic amines are also known as alkylamines.

Aliphatic amines are more basic compared to aromatic amines. Aliphatic amines are generally made by the alkylation of ammonia with alcohols. Since aliphatic amines are the derivatives of ammonia, they are used in agriculture

Aliphatic amines are used as additives in cement and asphalt production to increase their strength. Aliphatic amines are often used in the gas sweetening process, also known as amine scrubbing. This removes harmful gases such as carbon dioxide and hydrogen sulfide with the help of aliphatic amines.

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Aliphatic Amines Market: Dynamics

Aliphatic amines have wide-ranging uses in various fields. Population growth and urbanization have led to infrastructural development, which consequently promotes the growth of the construction industry.

The growth in the construction industry is expected to drive demand for aliphatic amines as they are used to make cement and asphalt, which are the building blocks of the construction industry. In addition, aliphatic amines are also used in paints and coatings.

Increasing pollution and the increasing greenhouse effect have led companies to install gas sweetening and gas conditioning systems that are designed to boost growth in the aliphatic amines market as they play an important role in the gas conditioning process.

The aliphatic amine market is expected to grow as the petroleum industry grows, as aliphatic amines have a variety of uses in the petroleum industry.

The growth in the pharmaceutical, textile, plastics, polymer and rubber processing industries is also expected to drive demand for aliphatic amines over the forecast period.

Another factor that is expected to increase demand for aliphatic amines over the forecast period is increasing consumption of consumer products such as laundry detergents, bleaches, fabric softeners and cleaning products. Aliphatic amines are widely used in the manufacture of molluscides, fungicides, algicides, and other chemical products.

Rising agricultural production is expected to drive the growth of the agrochemical industry, which will increase the demand for chemical products and consequently spur the growth of the global aliphatic amines market over the forecast period.

However, certain types of aliphatic amines can cause water pollution and lead to eutrophication, while some aliphatic amines are slightly toxic in nature, which are some of the factors that are expected to affect the acceptance and growth of the aliphatic amines market.

Aliphatic Amines Market: Segmentation

The global aliphatic amines market can be segmented based on product type, end user and application.

The Global Aliphatic Amines Market is segmented by Product Type into:

Primary amine Secondary amine Tertiary amine Cyclic amine

According to End User, the Global Aliphatic Amines Market is segmented into:

Agrochemicals Pharmaceuticals & Personal Care Textile Consumer Products Plastics & Rubber Processing Petroleum Other

By Application, the Global Aliphatic Amines Market is segmented into:

Additive wood treatment Gas treatment Others

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The research objectives of this report are:

–To understand the structure of the market by identifying the different sub-segments. – Focuses on major global manufacturers to define, describe and analyze sales volume, value, market share, market competitive landscape, SWOT analysis and development plans over the next few years. – To share detailed information on the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). –To analyze competitive developments such as expansions, agreements, product launches and acquisitions in the market. –To strategically profile the most important players and to comprehensively analyze their growth strategies.

Aliphatic Amines Market: Regional Outlook

In the Asia-Pacific region and Latin America, the pharmaceutical and plastics and rubber industries are growing, while the agrochemical industries are experiencing significant growth in these regions, which is why these regions are expected to be the main regional markets for aliphatic amines.

The agrochemical industry is growing in Africa, while the petrochemical industry and personal care products are growing in the Middle East. Given the above factors, the MEA is also expected to be a potential market for aliphatic amines.

North America and Western Europe are mature markets, but are expected to be potential markets for aliphatic amines during the forecast period due to the growing pharmaceutical industry.

Aliphatic Amines Market: Key Players

Examples of some of the major players in the global Aliphatic Amines Market are:

Dow Chemical Company Arkema Group Huntsman Corporation Solvay Clariant Evonik NOF Corporation P&G Chem Tianjin Tianzhi Fine Chemical Co., Ltd Balaji Amine Indo Amines Ltd. Alkylamine Chemicals Ltd.

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