Amines Market Share
Amines Market Research Report Information by Product Type (Ethylene amine, Alkyl Amines, Fatty Amines, Specialty Amines, and Ethanol Amines), Application (Water Treatment, Cleaning products, Agriculture, Personal Care, Petroleum, Paint & Coatings, Pharmaceuticals, and Others) and Region - Forecast till 2030

Market Summary
As per Market Research Future Analysis, the Global Amines Market is projected to reach USD 24 Billion by 2030, with a CAGR of 7.35% from 2022 to 2030. Amines, organic compounds derived from ammonia, are utilized in various applications including crop protection, wastewater treatment, personal care, and pharmaceuticals. The market is witnessing significant developments, including capacity expansions by major players like BASF and Evonik Industries, which aim to enhance production capabilities and meet growing demand, particularly in the Asia Pacific region. The COVID-19 pandemic has impacted operations but is expected to lead to increased demand for amines in healthcare applications post-pandemic.
Key Market Trends & Highlights
The amines market is experiencing robust growth driven by diverse applications and strategic expansions.
- Market projected to be worth USD 24 Billion by 2030; CAGR of 7.35% from 2022 to 2030.
- BASF completed capacity expansion in 2023 for polyetheramines and amine catalysts.
- Evonik Industries announced a new specialty amines plant in Nanjing, China, expected to be operational by 2026.
- Actylis is diversifying its product offerings in the tertiary amine market to meet growing demand in Asia Pacific.
Market Size & Forecast
Market Size | USD 24 Billion by 2030 |
CAGR | 7.35% (2022-2030) |
Major Growth Drivers | Pharmaceuticals and agrochemicals |
Key Regional Growth | Asia Pacific. |
Major Players
Hexion Inc, Huntsman Corporation, BASF SE, DowDuPont, AkzoNobel N.V., Alkyl Amines & Chemicals Ltd, NOF Corporation, Corbion, Evonik Industries, Lonza Corporation, Balaji Amines, Volant-Chem Corp, Koei Chemical Company Limited, Daicel Chemical Industries Ltd, Luxi Chemical Co., Ltd.
Market Trends
Market Overview
COVID19 Analysis
Market Dynamics
Value Chain Analysis
Market Segmentation
Regional Analysis
Competitive Landscape
Recent Developments
This research report provides a comprehensive study about the Global Amines Market Opportunities. It includes a thorough analysis of its market trends and the areas of new advancements. The ‘Green Revolution’ has positively affected the growth of Amine’s Industry as it is used in the manufacturing of agrochemical products. Cosmetics such as creams, foundations, lipsticks, and others, make use of amine in their manufacturing. These compounds have the potentiality to form hydrogen bond that makes them highly soluble in water. Thus, they are also used in the treatment of wastewater.
The global amines market is poised for growth, driven by increasing demand across various industries, including agriculture, personal care, and pharmaceuticals, which underscores the versatility and essential nature of these compounds in modern applications.
U.S. Department of Commerce
Amines Market Market Drivers
Market Trends and Projections
Regulatory Support and Standards
Regulatory frameworks play a pivotal role in shaping the Global Global Amines Market Industry. Governments worldwide are implementing stringent regulations to ensure the safe use and production of chemicals, including amines. Compliance with these regulations often necessitates the adoption of safer and more efficient production methods. This regulatory support not only enhances product safety but also fosters innovation within the industry. As companies adapt to these evolving standards, the market is expected to grow, reflecting the importance of regulatory compliance in driving demand for amines across various applications.
Expansion of the Chemical Industry
The ongoing expansion of the chemical industry globally is a key driver for the Global Global Amines Market Industry. As various sectors, including automotive, construction, and textiles, continue to grow, the demand for amines as intermediates and solvents increases. The versatility of amines in producing a wide range of chemical products enhances their appeal across multiple applications. This expansion is likely to sustain the market's growth trajectory, with projections indicating a market value of 16.5 USD Billion in 2024. The interconnectedness of these industries further amplifies the demand for amines, solidifying their position in the global market.
Rising Demand from End-Use Industries
The Global Global Amines Market Industry experiences heightened demand from various end-use sectors, including agriculture, pharmaceuticals, and personal care. For instance, amines are integral in the production of agrochemicals, which are essential for enhancing crop yields. As the global population continues to grow, the need for agricultural productivity increases, thereby driving the demand for amines. In 2024, the market is projected to reach 16.5 USD Billion, reflecting the critical role of amines in supporting food security and sustainable agricultural practices. This trend is likely to persist, as the industry adapts to evolving consumer needs and regulatory frameworks.
Technological Advancements in Production
Innovations in manufacturing processes significantly influence the Global Global Amines Market Industry. Advanced technologies, such as continuous flow chemistry and green chemistry principles, enhance the efficiency and sustainability of amine production. These advancements not only reduce production costs but also minimize environmental impact, aligning with global sustainability goals. As a result, manufacturers are increasingly adopting these technologies to remain competitive. The anticipated growth of the market to 34.2 USD Billion by 2035 underscores the importance of technological integration in meeting the rising demand while adhering to stricter environmental regulations.
Increasing Focus on Sustainable Solutions
The Global Global Amines Market Industry is witnessing a shift towards sustainable and eco-friendly products. Consumers and manufacturers alike are becoming more conscious of the environmental implications of chemical production. This shift is prompting companies to develop bio-based amines derived from renewable resources. Such initiatives not only cater to the growing demand for sustainable products but also comply with international environmental standards. As the market evolves, the emphasis on sustainability is expected to drive innovation and growth, contributing to a projected CAGR of 6.87% from 2025 to 2035.
Market Segment Insights
Regional Insights
Key Companies in the Amines Market market include


Industry Developments
In Dec 2023, the world’s largest chemicals producer, BASF has, completed an expansion of its capacity for key specialty amines manufactured at its Geismar, Louisiana, site. This growth will enable BASF to produce more Baxxodur® and LupragenTM-branded polyetheramines and amine catalysts.
Celanese has announced plans to expand its portfolio of sustainable products across the acetyl chain in Feb 2023. The company will offer various acetyl chain intermediate chemicals, including acetic acid, vinyl acetate monomer, amines, acetate esters and anhydrides in the ECO-B version.
Surabaya, Indonesia, is the site for Global Amines’ new fatty amines production plant, which began operations successfully in Sept 2022. This new plant will supply fatty amines to customers located in Southeast Asia as well as around the world thereby complementing those produced by Global Amines’ China, Europe as well as North America facilities.
In July 2022, Dow Chemical and Al-Hejailan Group signed an MOU to create a joint venture that would build, own and operate a methyl diethanolamine (MDEA) plant at PlasChem Park within Jubail Industrial City II in Jubail, Saudi Arabia. Construction is expected to start by 2024, with production anticipated at about 2025, according to reports from Dow Chemicals.
BASF announced in June 2021 an increase in the manufacturing capacity of vitally necessary specialty amines. The company can now produce additional LupragenTM and Baxxodur® tertiary amines which are among its major brands of polyetheramines.
BASF announced an increase in their production capacity for key specialty amines in 2021. With this announcement, more BASF key tertiary amines and polyetheramines will be produced under the LupragenTM and Baxxodur® brands. These assets will complement a global network of specialty amines production plants that include Ludwigshafen, Germany; Nanjing, China; as well as North America.
Future Outlook
Amines Market Future Outlook
The Global Amines Market is projected to grow at a 6.87% CAGR from 2024 to 2035, driven by increasing demand in agriculture, pharmaceuticals, and personal care sectors.
New opportunities lie in:
- Develop eco-friendly amines for sustainable product lines.
- Invest in R&D for specialized amines in pharmaceuticals.
- Expand market presence in emerging economies with tailored solutions.
By 2035, the Global Amines Market is expected to achieve robust growth, reflecting evolving industry demands and innovation.
Market Segmentation
Report Overview:
Amines Market Segmentation:
Report Scope
Attribute/Metric | Details |
Market Size | 2030: USD 24 Billion |
CAGR | 7.35% (2022-2030) |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Historical Data | 2019 & 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Product Type, Application and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Hexion Inc (The US), Huntsman Corporation (US), BASF SE (Germany), DowDuPont (US), AkzoNobel N.V. (Netherland), Alkyl Amines & Chemicals Ltd (India), NOF Corporation. (Japan), Corbion (The Netherlands), Evonik Industries (Germany), Lonza Corporation (US), Balaji Amines (India), and Volant-Chem Corp. (China), Koei Chemical Company Limited (Japan), Daicel Chemical Industries Ltd (Japan), Luxi Chemical Co., Ltd (China). |
Key Market Opportunities | Rapid growth of the water and wastewater treatment chemicals sector is also expected to fuel the demand |
Key Market Drivers | Increasing demand in the production of asphalt-additives and agro-chemicals Strong distribution channel, technological advancements, and development of novel products |
Market Highlights
Author
Latest Comments
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FAQs
At what CAGR is the amines market projected to grow during the forecast period?
The amines market is projected to grow at a 7.35 CAGR between 2022-2030.
What will be the value of the amines market during the forecast period?
The amines market is predicted to touch USD 24 billion by 2030..
Which region is expected to lead the amines market?
The APAC region is expected to lead the amines market.
What are the key factors driving the amines market growth?
Expanding water & wastewater treatment chemicals sector and increasing use in agro-chemicals production are adding market growth.
Which factors may limit the amines market growth?
Fluctuating raw materials cost may limit market growth.
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1 Executive Summary
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2 Market Introduction
- Market Definition
- Scope of the Study
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2.2.1 Research Objectives
- Assumptions & Limitations
- Markets Structure
- Key Takeaways
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3 Market Research Methodology
- Research Process
- Primary Research
- Secondary Research
- Market Size Estimation
- Forecast Model
- Introduction
- Drivers
- Restraints
- Opportunities
- Challenges
- Trends/Technology
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5 Market Factor Analysis of Global Amines Market
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Supply Chain Analysis
- Raw Material Suppliers
- Manufacturers/Producers
- Distributors/Retailers/Wholesalers/E-Commerce
- End User
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Supply Chain Analysis
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Porter’s Five Forces Analysis
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Threat of New Entrants
- Bargaining
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Power of Buyers
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Bargaining Power of Suppliers
- Threat of Substitutes
- Intensity of Competitive Rivalry
- Pricing Analysis
- Introduction
- Ethylene Amine
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Bargaining Power of Suppliers
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6.2.1 Market Estimates & Forecast, 2020−2027
- Market Estimates & Forecast, by Region, 2020−2027
- Alkyl Amine
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6.3.1 Market Estimates & Forecast, 2020−2027
- Market Estimates & Forecast, by Region, 2020−2027
- Fatty Amine
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6.4.1 Market Estimates & Forecast, 2020−2027
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Market Estimates & Forecast, by Region, 2020−2027
- Bio-Butanediol
- Specialty Amine
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6.5.1 Market Estimates & Forecast, 2020−2027
- Market Estimates & Forecast, by Region, 2020−2027
- Ethanol Amine
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6.6.1
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Market Estimates & Forecast, 2020−2027
- Market Estimates
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& Forecast, by Region, 2020−2027
- Introduction
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Paints and Coatings
- Market Estimates & Forecast, 2020−2027
- Market Estimates & Forecast, by Region, 2020−2027
- Water Treatment Cleaning
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Market Estimates & Forecast, 2020−2027
- Market Estimates & Forecast, by Region, 2020−2027
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Agriculture
- Market Estimates & Forecast, 2020−2027
- Market Estimates & Forecast, by Region, 2020−2027
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Personal Care
- Market Estimates & Forecast, 2020−2027
- Market Estimates & Forecast, by Region, 2020−2027
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Pharmaceutical
- Market Estimates & Forecast, 2020−2027
- Market Estimates & Forecast, by Region, 2020−2027
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Petroleum
- Market
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Estimates & Forecast, 2020−2027
- Market Estimates
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Forecast, by Region, 2020−2027
- Others
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Market Estimates & Forecast, 2020−2027
- Market
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Estimates & Forecast, by Region, 2020−2027
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Amines Market, by Region
- Introduction
- North America
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8.2.1 Market Estimates & Forecast, 2020−2027
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8.2.2 Market Estimates & Forecast, by Type, 2020−2027
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8.2.3 Market Estimates & Forecast, by Application, 2020−2027
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8.2.4 US
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8.2.4.1 Market Estimates & Forecast, 2020−2027
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8.2.4.2 Market Estimates
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& Forecast, by Type, 2020−2027
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8.2.4.3 Market Estimates & Forecast, Application, 2020−2027
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8.2.5 Canada
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8.2.5.1
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Market Estimates & Forecast, 2020−2027
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8.2.5.2 Market Estimates & Forecast, by Type, 2020−2027
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8.2.5.3
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Market Estimates & Forecast, by Application, 2020−2027
- Europe
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8.1 Market Estimates & Forecast, 2020−2027
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8.3.2 Market Estimates & Forecast, by Type, 2020−2027
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8.3.3 Market Estimates & Forecast, by Application, 2020−2027
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8.3.4 Germany
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8.3.4.1 Market Estimates & Forecast, 2020−2027
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8.3.4.2 Market Estimates
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Forecast, by Type, 2020−2027
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8.3.4.3 Market Estimates & Forecast, by Application, 2020−2027
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8.3.5 France
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8.3.5.1 Market Estimates & Forecast, 2020−2027
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8.3.5.2 Market Estimates
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Forecast, by Type, 2020−2027
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8.3.5.3 Market Estimates & Forecast, by Application, 2020−2027
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8.3.6 Italy
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- Market Estimates & Forecast, 2020−2027
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8.3.6.2 Market Estimates & Forecast, by Type, 2020−2027
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8.3.6.3
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Market Estimates & Forecast, by Application, 2020−2027
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8.3.7 Spain
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8.3.7.1
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Market Estimates & Forecast, 2020−2027
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8.3.7.2 Market Estimates & Forecast, by Type,2020−2027
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8.3.7.3 Market Estimates
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& Forecast, by Application, 2020−2027
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8.3.8 UK
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8.3.8.1 Market Estimates & Forecast, 2020−2027
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- Market Estimates & Forecast, by Type,2020−2027
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8.3.8.3 Market Estimates
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Forecast, by Application, 2020−2027
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8.3.9 Russia
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8.3.9.1 Market Estimates & Forecast, 2020−2027
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- Market Estimates & Forecast, by Type,2020−2027
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8.3.9.3 Market Estimates
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Forecast, by Application, 2020−2027
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8.10 Poland
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8.10.1 Market Estimates & Forecast, 2020−2027
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8.10.2
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Market Estimates & Forecast, by Type, 2020−2027
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8.10.3 Market Estimates & Forecast, by Application, 2020−2027
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8.11 Rest of Europe
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8.11.1 Market Estimates & Forecast, 2020−2027
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8.11.2
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Market Estimates & Forecast, by Type, 2020−2027
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8.11.3 Market Estimates & Forecast, by Application, 2020−2027
- Asia-Pacific
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- Market Estimates & Forecast, 2020−2027
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8.4.2
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Market Estimates & Forecast, by Type, 2020−2027
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8.4.3
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Market Estimates & Forecast, by Application, 2020−2027
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- China
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8.4.4.1
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Market Estimates & Forecast, 2020−2027
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8.4.4.2 Market Estimates
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Forecast, by Type, 2020−2027
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8.4.4.3 Market Estimates & Forecast, by Application, 2020−2027
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8.4.5 India
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8.4.5.1 Market Estimates & Forecast, 2020−2027
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8.4.5.2 Market Estimates
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& Forecast, by Type, 2020−2027
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8.4.5.3 Market Estimates & Forecast, by Application, 2020−2027
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8.4.6 Japan
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8.4.6.1 Market Estimates & Forecast, 2020−2027
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8.4.6.2
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Market Estimates & Forecast, by Type, 2020−2027
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8.4.6.3 Market Estimates & Forecast, by Application, 2020−2027
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8.4.7 Australia & New Zealand
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8.4.7.1
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Market Estimates & Forecast, 2020−2027
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8.4.7.2 Market Estimates & Forecast, by Type, 2020−2027
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8.4.7.3
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Market Estimates & Forecast, by Application, 2020−2027
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- Rest of Asia-Pacific
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8.4.8.1 Market Estimates & Forecast, 2020−2027
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8.4.8.2 Market Estimates
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& Forecast, by Type, 2020−2027
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8.4.8.3 Market Estimates & Forecast, by Application, 2020−2027
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8.5
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Middle East & Africa
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8.5.1 Market Estimates & Forecast, 2020−2027
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8.5.2 Market Estimates & Forecast, by Type, 2020−2027
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8.5.3 Market Estimates & Forecast, by Application, 2020−2027
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8.5.4 GCC
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8.5.4.1 Market Estimates & Forecast, 2020−2027
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8.5.4.2 Market Estimates
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& Forecast, by Type, 2020−2027
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8.5.4.3 Market Estimates & Forecast, by Application, 2020−2027
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8.5.5 Israel
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- Market Estimates & Forecast, 2020−2027
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8.5.5.2 Market Estimates & Forecast, by Type, 2020−2027
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8.5.5.3
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Market Estimates & Forecast, by Application, 2020−2027
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8.5.6 North Africa
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8.5.6.1 Market Estimates & Forecast, 2020−2027
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8.5.6.2 Market Estimates
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Forecast, by Type, 2020−2027
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8.5.6.3 Market Estimates & Forecast, by Application, 2020−2027
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8.5.7 Turkey
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8.5.7.1 Market Estimates & Forecast, 2020−2027
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8.5.7.2 Market Estimates
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Forecast, by Type, 2020−2027
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8.5.7.3 Market Estimates & Forecast, by Application, 2020−2027
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8.5.8 Rest of Middle East & Africa
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8.5.8.1 Market Estimates & Forecast, 2020−2027
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8.5.8.2 Market Estimates
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& Forecast, by Type, 2020−2027
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8.5.8.3 Market Estimates & Forecast, by Application, 2020−2027
- Latin America
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8.6.1 Market Estimates & Forecast, 2020−2027
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8.6.2 Market Estimates & Forecast, by Type, 2020−2027
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8.6.3 Market Estimates & Forecast, by Application, 2020−2027
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8.6.4 Brazil
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8.6.4.1 Market Estimates & Forecast, 2020−2027
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- Market Estimates & Forecast, by Type, 2020−2027
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8.6.4.3 Market Estimates
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Forecast, by Application, 2020−2027
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8.6.5 Argentina
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8.6.5.1 Market Estimates & Forecast, 2020−2027
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- Market Estimates & Forecast, by Type, 2020−2027
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8.6.5.3 Market Estimates
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Forecast, by Application, 2020−2027
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8.6.6 Mexico
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8.6.6.1 Market Estimates & Forecast, 2020−2027
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- Market Estimates & Forecast, by Type, 2020−2027
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8.6.6.3 Market Estimates
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Forecast, by Application, 2020−2027
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8.6.7 Rest of Latin America
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8.6.7.1
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Market Estimates & Forecast, 2020−2027
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8.6.7.2 Market Estimates & Forecast, by Type, 2020−2027
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8.6.7.3
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Market Estimates & Forecast, by Application, 2020−2027
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9.2 Market Strategy
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Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)
- BASF SE
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10.1.1 Company Overview
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Financial Updates
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Financial Updates
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Product/Business Segment Overview
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Key Developments
- SWOT Analysis
- Strategy 10.2 Huntsman Corporation
- Company Overview
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Key Developments
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Financial Updates
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Product/Business Segment Overview
- Key Developments
- SWOT Analysis
- Strategy
- Hexion Inc
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Product/Business Segment Overview
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10.1 Company Overview
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Financial Updates
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Financial Updates
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Product/Business Segment Overview
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Key Developments
- SWOT Analysis
- Strategy
- AkzoNobel N.V.
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Key Developments
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10.4.1 Company Overview
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Financial Updates
- Product/Business Segment Overview
- Key Developments
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Financial Updates
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SWOT Analysis
- Strategy
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Daicel Chemical Industries Ltd
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10.5.1 Company Overview
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Financial Updates
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Product/Business Segment Overview
- Key Developments
- SWOT Analysis
- Strategy
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Corbion
- Company Overview
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Product/Business Segment Overview
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Financial Updates
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Product/Business Segment Overview
- Key Developments
- SWOT Analysis
- Strategy
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Balaji Amines
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Product/Business Segment Overview
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Company Overview
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Financial Updates
- Product/Business Segment Overview
- Key Developments
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Financial Updates
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SWOT Analysis
- Strategy
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Lonza Corporation
- Company Overview
- Financial Updates
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Product/Business Segment Overview
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Key Developments
- SWOT Analysis
- Strategy 10.9
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Key Developments
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Alkyl Amines & Chemicals Ltd
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10.9.1 Company Overview
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Financial Updates
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Financial Updates
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Product/Business Segment Overview
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Key Developments
- SWOT Analysis
- Strategy
- NOF Corporation.
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Key Developments
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10.10.1 Company Overview
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Financial Updates
- Product/Business Segment Overview
- Key Developments
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Financial Updates
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SWOT Analysis
- Strategy
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10.11 Volant-Chem Corp
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10.11.1 Company Overview
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Financial Updates
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Product/Business Segment Overview
- Key Developments
- SWOT Analysis
- Strategy
- Luxi Chemical Co., Ltd
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Product/Business Segment Overview
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10.12.1 Company Overview
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Financial Updates
- Product/Business Segment Overview
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Financial Updates
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Key Developments
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SWOT Analysis
- Strategy
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SWOT Analysis
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Amines Market: by Region, 2020−2027
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Amines Market, by Country, 2020−2027
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Amines Market, by Country, 2020−2027
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Amines Market. by Country, 2020−2027
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East & Africa: Amines Market, by Country, 2020−2027
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Latin America: Amines Market, by Country, 2020−2027
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Global Amines Type Market, by Region, 2020−2027
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North America: Amines Type Market, by Country, 2020−2027
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9 Europe: Amines Type Market, by Country, 2020−2027
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Asia-Pacific: Amines Type Market, by Country, 2020−2027
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Middle East & Africa: Amines Type Market, by Country, 2020−2027 2020−2027 by Country, 2020−2027
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Application Market, by Country, 2020−2027
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East & Africa: Amines Application Market, by Country, 2020−2027
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Latin America: Amines by Application Market, by Country, 2020-2027
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Global Application Market, by Region, 2020−2027
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North America: Amines Market, by Country, 2020−2027
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North America: Amines Market, by Type, 2020−2027
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North America: Amines Market, by Application, 2020−2027
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Europe: Amines Market, by Country, 2020−2027
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Europe: Amines Market, by Type, 2020−2027
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Europe: Amines Market, by Application, 2020−2027
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Asia-Pacific: Amines Market, by Country, 2020−2027
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Asia-Pacific: Amines Market, by Type, 2020−2027
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Asia-Pacific: Amines Market, by Application, 2020−2027
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Middle East & Africa: Amines Market, by Country, 2020−2027
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Middle East & Africa: Amines Market, by Type, 2020−2027 2020−2027
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by Country, 2020−2027
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Amines Market, by Type, 2020−2027
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Amines Market, by Application, 2020−2027
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Forecast Research Methodology
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of Global Amines Market Market
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Share of Global Amines Market, by Type, 2020−2027
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Global Amines Market Size, by Application, 2020
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of Global Amines Market, by Application, 2020−2027
Amines Market Segmentation
Market Segmentation Overview
- Detailed segmentation data will be available in the full report
- Comprehensive analysis by multiple parameters
- Regional and country-level breakdowns
- Market size forecasts by segment

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