About Fatty Amines
Fatty amines are the nitrogen derivatives of alcohols, fatty acids, and olefins, manufactured from natural sources, petrochemical raw materials, and fats and oils. Fatty amines are cationic surface-active compounds, which adhere to surfaces by either chemical or physical bonds. Commercial products are manufactured using fatty amines as reactive intermediates. In terms of type, the global fatty amines market is segmented as primary fatty amines, secondary fatty amines, and tertiary fatty amines.
Technavio’s analysts forecast the global fatty amines market to grow at a CAGR of 7.01% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fatty amines market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Fatty Amines Market 2017-2021
Technavio recognizes the following companies as the key players in the global fatty amines market: AkzoNobel, Evonik Industries, Global Amines, Lonza, and Solvay.
Other Prominent Vendors in the market are: BASF, CECA Arkema Group, Huntsman International, Kao Corporation, Indo Amines, P&G Chemicals, Shandong Dafeng Biotechnology, Sigma-Aldrich, and Volant-Chem.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising application of n-methyl amines. The global fatty amines market has observed numerous improvements in fatty amines and its derivatives in the past. One such improvement in the fatty amines derivative was witnessed in n-methyl amines. N-methyl amines play a crucial part in several applications, such as surfactants, pesticides, medicines, and in the production of dyes.”
According to the report, one driver in the market is burgeoning demand for fatty amines in agrochemicals. Fatty amine ethoxylates are non-ionic surfactants and are increasingly used as wetting and dispersing agents, sanitizers, stabilizers, and defoamers in several industries, such as textile, paper, chemical, paint, drilling, metal, and others. Fatty amine ethoxylates are also used as emulsifiers and in producing emulsifier blends. They play a crucial role as emulsifiers in agrochemical industries. In the agricultural application, fatty amines are used for the preparation of wettable powders and to manufacture toxicant emulsions for pest control.
Further, the report states that one challenge in the market is fluctuating raw material prices. Fatty amines are formed by the reaction of amines, such as amino acids, oleyl amine, coco amine, tallow amines, stearyl amines, and other amines, with ethylene oxide in the presence of a catalyst in ethoxylation process. The raw material used in the production of fatty amines are fatty acids, olefins, alcohols, and natural sources, such as fats and oils, or petrochemical raw materials. The rise in prices of raw materials used in the manufacture of various amines is likely to hamper the growth of the global fatty amines market during the forecast period.
AkzoNobel, Evonik Industries, Global Amines, Lonza, Solvay, BASF, CECA Arkema Group, Huntsman International, Kao Corporation, Indo Amines, P&G Chemicals, Shandong Dafeng Biotechnology, Sigma-Aldrich, and Volant-Chem.