Global alkyl amine market, 2024-2030

Alkyl amines, also known as aliphatic amines, belong to the group of surface-active compounds. Generally, they are derived from fatty acid. Due to their characteristics (microbiological activity, material compatibility, cleaning power, and foaming characteristics) amines are used for surface and instrument disinfection, as wetting agent, emulsifier or detergent, as well as in pharmaceutics and colorants. Alkyl amines are majorly employed in the formulation of paints and coatings in the form of solvents.

The global alkyl amines market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global alkyl amines market is growing at a fast pace and increasing its geographical footprint rapidly. The global alkyl amines market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.

Rising demand of alkyl amines as solvents in the paints and coatings industry globally is the major driving factor for the market growth during the forecast period. Besides solvents, increasing demand for agrochemicals in the form of pesticides is also expected to have positive impact on the global market. Further, applications such as rubber processing, water treatment, feed additives, paper chemicals and pharmaceuticals are also boosting the market growth.

Extensive exposure of alkyl amine results in harmful effects on human skin, and hence, is likely to hinder the overall market growth. Transporting alkyl amines is hazardous and involves high maintenance charges. This is also expected to scale down the market growth.

The alkyl amine market has remarkable usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and Latin America. The key players in global alkyl amine market are E.I. Du Pont DE Nemours, BASF SE, Akzo Nobel Chemicals AB, and Arkema Group, and so on.

Research Methodology

The research process includes the market segmentation of the global alkyl amine market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global alkyl amine industry dynamics
• Estimation of the present global alkyl amine market size in terms of value and volume
• Global alkyl amine market breakup based on type and application
• Substantiated global alkyl amine market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global alkyl amine industry value chain

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