Fatty Amines Market Size, Share & Trends Analysis Report By Product (Primary, Secondary, Tertiary), By Application (Agrochemicals, Oilfield Chemicals, Personal Care), And Segment Forecasts, 2019 - 2025

Industry Insights

The global fatty amines market size was value at 3.4 billion in 2018 and is expected to expand at a CAGR of 5.0% over the forecast period. The derivatives and products are used to manufacture cleaning, emulsifying, scouring, and wetting agents for numerous products including personal care, homecare, and lubricants; accelerating the product demand.

Rising demand for liquid detergent and fabric softeners the industrial investments in the developed economies is expected to accelerate the market growth. Additionally, low-cost of raw materials and ample availability, coupled with low toxicity levels and low production cost are the dynamics that are predicted to open lucrative growth opportunities over the forecast period.

The primary fatty amines are estimated to witness the fastest growth owing to its quality of being used as a basic raw material to produce secondary and tertiary amines, which is anticipated to drive the growth of this product in the forthcoming years. Additionally, tertiary amines are used as ore floatation, fuel additives, chemical intermediate, and corrosion inhibitors, accelerating the demand for tertiary fatty amines.

Moreover, tertiary fatty amines have emerged as the largest application segment owing to the significant rise in demand for the product from developed and developing economies due to its wide-ranging abilities. Furthermore, the U.S. market is anticipated to witness steady growth owing to the high demand for the tertiary product, which is utilized in various end-use products.

Fatty amines are majorly used in the paints and coatings industry as they offer multinational performance properties and act as epoxy curing agents. Rising spending on constructions in the emerging economies of Asia Pacific and Middle East, owing to population expansion coupled with strong economic development, is expected to positively affect the product demand over the forecast period.

In emerging economies, the rate of economic growth was high as it has provided governments with a substantial amount of capital to invest in public infrastructures such as hospitals, offices, and housing societies. The development of private-sector construction firms in China, India, and UAE is estimated to further subsidize construction spending in the forthcoming years.

Product Insights

Based on the product, the market is trifurcated into primary, secondary, and tertiary fatty amines. The primary segment is expected to reach 120.1 kilo tons by 2025 owing to the growing demand from developed economies such as North America and Europe.

The secondary fatty amines are mainly used as intermediates for the preparation of difatty dimethyl quaternary ammonium compounds, which is anticipated to witness huge demand in various end-use industries. These products are expected to witness strong demand in Asia Pacific and are anticipated to expand its reach in different regions over the forecast period.

The tertiary fatty amines are used as the most significant raw material to manufacture amphoteric, cationic, and non-cationic surfactants including oxides and quaternary ammonium compounds. It can also be used as soil stabilizers, pigment stabilizers, paint intensifiers, and floatation agents for minerals.

Secondary and tertiary fatty amines are derived from primary amines, which is why it is very essential in different verticals. They are extensively used ad raw materials for surfactants, floating agents, surfactants, anticaking agents of fertilizers, and others. Octyl, decyl, coco, tetradecyl, palmityl, soybean, hexadecyl, and dodecyl byproducts are the most significant product categories that are extracted from a different source of natural and vegetable oils.

Application Insights

On the basis of application, the market is split into agrochemicals, oilfield chemicals, asphalt additives anti-caking, water treatment, chemical synthesis, personal care, household, and others. Asphalt additives are anticipated to register the fastest growth in the forthcoming years.

Fatty amines are nitrogen byproducts of olefins, alcohols, or unsaturated fats that are obtained from normal sources, petrochemical unrefined materials, and fats and oils. The industrially available fatty amines are manufactured by either refining of unsaturated fats or when fatty alcohols are responded with ammonia or essential, secondary amines.

The finished product derivatives are majorly used in oilfield chemicals, agrochemicals anti-caking, water treatment, asphalt additives, personal care, household care, and other industrial purposes. Personal and household care segments are projected to witness average growth rates over the forecast period.

The other applications that are witnessing an upsurge include anti-static additives for plastics, corrosion inhibitors, as pigment dispersants, and in drilling fluids as a cationic substrate, which responds to anionic clay to form thickening agents and are anticipated to grow moderately during the forecast period.

Regional Insights

Asia Pacific led the market owing to the high level of technological innovations in the personal and household care sector in countries like India and China. The demand for tertiary fatty amines has been witnessing a surge in Asia Pacific, which apprehended the maximum share, due to its extensive applications and flexible properties.

Advantageous petrochemical amendments and the regulations are expected to further propel the product demand during the forecast period. Moreover, the consumption of household and personal care products in Japan and the developing economies like China and India has been observing steady growth over the past and is anticipated to contribute to the market in the forthcoming years.

North America is the second-largest regional segment as the market in this region has the presence of a vast number of detergent and surfactant manufacturers that are significantly contributing towards the growth. The key players are more inclined towards incorporating innovative products to capture the untapped potentials, which is further expected to steer the growth.

Fatty Amines Market Share Insights

Most of the major companies prefer to procure raw materials from regional or local manufacturers owing to the presence of a large number of regional and small-scale manufacturers. The experienced participants are heavily investing in R&D activities to launch new products. This will help the market gain lucrative opportunities in near future.

The key market players are India Glycols Ltd, Indo Amines, Qida Chemical Co., Ltd., Shandong Dafeng Biotechnology Co., Ltd., Temix International S.R.L., Global Amines Company Pte. Ltd., Huntsman International LLC, Solvay S.A., Volant-Chem Group, KLK OLEO, AkzoNobel N.V., Evonik Industries, Ecogreen Oleochemicals GmbH, and Kao Corporation.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global fatty amines market report on the basis of product, application, and region:

• Product Outlook (Revenue, USD Billion, 2014 - 2025)

  • Primary Fatty Amines

  • Secondary Fatty Amines

  • Tertiary Fatty Amines

• Application Outlook (Revenue, USD Billion, 2014 - 2025)

  • Agrochemicals

  • Oilfield Chemicals

  • Asphalt additives

  • Anti-caking

  • Water Treatment

  • Chemical Synthesis

  • Personal Care

  • Household

  • Others

• Regional Outlook (Revenue, USD Billion, 2014 - 2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

    • France

    • Italy

    • Russia

    • Turkey

    • Denmark

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • South Africa

    • GCC Countries