Fatty Amine Market

Fatty Amine Industry Outlook from 2023 to 2033

The fatty amine industry size was projected to be USD 2,940.1 million in 2022. By the end of 2023, the market is likely to reach a valuation of USD 3,081.3 million. During the forecast period, the fatty amine market is expected to garner a 4.9% CAGR and reach a size USD 4,955.9 million by 2033.

Key industry Trends and Highlights

• Multiple sector applications- Growing demand for fatty amine is fueling growth in a number of industries, including agrochemicals, surfactants, and personal care products.
• Technological advances- The quality and adaptability of fatty amine products are increased through ongoing research and development activities that lead to better production methods.
• Sustainable practices- Innovation and demand growth are facilitated by a greater focus on environmentally acceptable fatty amine uses and sustainable production techniques.

Attributes	Key insights
Estimated Industry Value in 2022	USD 2,940.1 million
Expected Industry Value in 2023	USD 3,081.3 million
Expected Industry Value in 2033	USD 4,955.9 million
Value based CAGR from 2023 to 2033	4.9%

2018 to 2022 Historical Analysis vs. 2023 to 2033 Industry Forecast Projections

The market for fatty amine experienced significant growth from 2018 to 2022. As of 2022, sales totaled to USD 2,940.1 million. With increased industrial spending in developed nations, the fatty amine industry development is anticipated to be accelerated by increasing consumer demand for liquid detergent as well as fabric softeners.

Value in 2022	USD 2,940.1 million
Value in 2023	USD 3,081.3 million

The variables projected to create profitable growth prospects during the forecast period include cheap raw material costs, low toxicity levels, abundant availability, and low manufacturing costs.

The primary fatty amine are expected to expand rapidly due to their ability to be utilized as a fundamental raw material in the production of secondary and tertiary amine, which is expected to drive the expansion of this product in the future years. Tertiary amine are also employed as fuel additives, chemical intermediates, corrosion inhibitors, and ore flotation, which increases the need for tertiary fatty amine.

Key Drivers of the Global Fatty Amine Industry

• Fatty amine is essential in developing agrochemicals, notably insecticides and herbicides. These substances are crucial for protecting crops and raising agricultural production.
• By assisting in the adhesion, dispersion, and absorption of active substances on plant surfaces, fatty amine based formulations increase the efficacy of agrochemicals. The fatty amine industry is crucial in fostering innovation and tackling these problems as pest resistance as well as sustainability become increasingly more of a problem for global agriculture.
• A key factor in the ongoing growth of surfactant technology is the use of fatty amine. The unique properties of fatty amine help in the production of surfactants, which are crucial in many sectors, such as personal care products, laundry detergents, and medicines.
• These substances can function as foaming, emulsifiers, and wetting agents, enabling formulators to develop new and efficient products. Fatty amine aids in the creation of specialty surfactants made for specific uses, such as gentle, skin-friendly cleansers for the cosmetics sector.

Challenges in the Global Fatty Amine Demand

• Concerns have been raised about the possible toxicity and environmental effects of several fatty amine, especially long-chain and aromatic amine. It is crucial to address these issues if companies want to produce new products and comply with regulations.
• Companies within the fatty amine sector must make research investments to comprehend the toxicological characteristics of various fatty amine and create safer substitutes. It can be difficult for this industry to meet legal standards, deal with health and safety concerns, and maintain the quality of its goods.

Country wise Insights

The table below lists the top five nations expected to experience prominent growth during the forecast period. The United States and China are predicted to have the maximum development among these nations.

Forecast CAGRs from 2023 to 2033

Countries	CAGR from 2023 to 2033
The United States	4.5%
China	6.5%
France	3.2%
Japan	4%
United Kingdom	3.6%

Thriving Oil and Gas Sector to Bolster Growth in the United States

During the forecast period, the fatty amine market in the United States is expected to rise at a 4.5% CAGR. Fatty amine is employed in various applications in the flourishing oil and gas industry in the United States, including demulsifiers, corrosion inhibitors, and drilling fluids. The need for fatty amine within the oil and gas industry helps drive sales growth as the nation invests in energy production.

Strict environmental rules in the United States fuel the preference for eco-friendly goods. Fatty amine are utilized to create biodegradable detergents as well as surfactants, which is in line with the emphasis of the country on sustainability. The rise of the personal care and cleaning goods businesses is fueled by this environmental consciousness.

Agricultural and Industrial Growth to Boost Demand in China

The market in China for fatty amine is likely to expand with a 6.5% CAGR from 2023 to 2033. In China, agrochemicals are used in the rapidly expanding agricultural sector for crop safety and production improvement.

The manufacturing of agrochemicals like herbicides and pesticides depends heavily on fatty amine. The agricultural expansion of the country is a significant factor in the sales growth owing to the requirement to feed a sizable population in China.

Fatty amines are used in the substantial industrial sector in China, which includes manufacturing and chemicals, for a variety of purposes, including as emulsifiers and chemical process intermediates. The need for fatty amine in these industries rises with the ongoing industrialization and expansion of its manufacturing capacity in China.

Rising Sales of Cosmetics to Accelerate France’s Industry Growth

The fatty amine market in France is likely to garner a 3.2% CAGR from 2023 to 2033. The cosmetics and personal care sector in France is well known for emphasizing high-quality and novel products. The development of the cosmetics business is aided by using fatty amine in developing gentle, skin-friendly surfactants.

Rising Demand from the Pharmaceutical Sector to Boost Growth in Japan

Demand for fatty amine in Japan is anticipated to expand at a 4% CAGR from 2023 to 2033. Japan occupies a significant position in the global pharmaceutical as well as healthcare sectors. Drug formulations use fatty amine as emulsifiers and medicinal additives. Fatty amine is increasingly in demand for pharmaceutical use as the Japanese healthcare industry develops.

Fatty amine is used in a variety of processes by the sophisticated industrial sectors in Japan, such as the automotive and electronics industries, as corrosion inhibitors and lubricant additives. The rising sales of fatty amine are a result of the ongoing technical development and industry expansion in China.

Environmental Awareness in the United Kingdom to Bolster Demand

The United Kingdom fatty amine landscape is poised to expand at a 3.6% CAGR during the forecast period. Sustainable development and environmental awareness are highly valued in the United Kingdom. In keeping with customer demands for ecologically friendly products, fatty amine is employed in manufacturing biodegradable surfactants and eco-friendly cleaning solutions.

The agricultural industry in the country seeks modern approaches for crop protection and environmentally friendly farming methods. To solve these issues, agrochemical formulations, including fatty amine, are employed, boosting sales in the agricultural sector.

Category wise Insights

The table below highlights how tertiary fatty amine is projected to lead the global industry by product type. This segment is expected to account for a 48.7% market share as of 2023.

The use for fatty amine for water treatment has gained traction in the last few years. As of 2023, the water treatment segment is likely to account for 23.7% of the total revenue share.

Category	Market Share for 2023
Tertiary Amine	48.7%
Water Treatment	23.7%

Broader End Use Usages to Boost the Sales of Tertiary Amine

The foaming properties of tertiary amines are lower than those of both primary and secondary amines. Their desired quality makes them appealing for a multitude of commercial uses, including the manufacturing of fabric softeners, detergents, and anti static agents. In these applications, less foaming is especially crucial because too much foam can compromise the functionality of the products. Tertiary amines are the better option because they lessen this problem.

The increased reactivity and selectivity of tertiary amines in chemical processes are well known. This makes them advantageous in uses like the manufacturing of specialized chemicals and medications.

Their distinct chemical characteristics make it possible to precisely control reactions, which increases yields and improves product quality. This is one of the main factors driving the rising demand in the global market for fatty amines.

Water Treatment Programs to Accelerate the Growth of the Fatty Amine Industry

Based on the end use application, the water treatment segment is anticipated to take up a significant global industry share. Fatty amines are positively charged due to their cationic surfactant characteristics.

Due to this property, they work well in the coagulation and flocculation stages of the water treatment process. The negative charges on water borne suspended particles can be neutralized by fatty amines, which encourages the particles to aggregate and precipitate. This makes the water clearer and cleaner, essential for treating wastewater and producing drinkable water.

Fatty amines are also employed in water treatment systems as corrosion inhibitors. They create a shielding layer on metal surfaces to stop water distribution as well as treatment system pipes and equipment from corroding. Fatty amines are essential to water treatment plans to prolong infrastructure life and lower maintenance expenses.

Competitive Landscape

Most big companies choose to purchase raw materials from regional or local producers due to the abundance of regional and small-scale manufacturers. The more seasoned competitors spend a lot on research and development efforts to introduce new items.

This will open up attractive chances for the industry in the near future. Some of the prominent developments by the important companies in this domain are provided below.

Company	Key Developments
Clariant AG	In 2022, Clariant, a sustainable, focussed and innovative specialty chemical firm, disclosed that it has entered into a definitive agreement for the sale of its Quats business. It was sold to Global Amine Company Pte. Ltd. via a joint venture that is 50% owned by Clariant and and 50% Wilmar, Asia's leading agricultural business and global oleochemicals business. This sale is another step in Clariant's portfolio change to focus only on specialty chemicals.
Akzo Nobel N.V.	In 2023, they launched their Collaborative Sustainability Challenge, inviting partners from throughout the value chain to collaborate on a shared strategy to carbon reduction. They are still investing in new facilities and equipment. They inaugurated a new €11 million global research and development center at their Slough, United Kingdom, facility in 2022.

Report Scope

Attribute	Details
Projected industry value in 2023	USD 3,081.3 million
Projected industry value in 2033	USD 4,955.9 million
Forecast CAGR from 2023 to 2033	4.9%
Forecast period	2023 to 2033
Historical period	2018 to 2022
industry analysis	Value in USD million
Key regions covered	North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa
Key countries profiled	The United States, Canada, Brazil, Mexico, Germany, France, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel
Key industry segments	Product Type, End Use, Region
Key companies profiled	Clariant AG; Albemarle Corporation; Akzo Nobel N.V.; Evonik Industries AG; Kao Corporation;Arkema S.A.; Eastman Chemical Company; Solvay S.A.; E.I. du Pont de Nemours & Co.; Procter & Gamble Company; Lonza Group Ltd;I ndo Amine Ltd; Sterling Auxiliaries Pvt. Ltd.; Wuxi Zhufeng Fine Chemical Co., Ltd.; NOF CORPORATION; Nouryon

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market 2018 to 2022 and Forecast, 2023 to 2033
• 5. Global Market 2018 to 2022 and Forecast 2023 to 2033, By Product Type
  • 5.1. Primary Amine
  • 5.2. Secondary Amine
  • 5.3. Tertiary Amine
• 6. Global Market 2018 to 2022 and Forecast 2023 to 2033, By End-Use
  • 6.1. Agrochemicals
  • 6.2. Water Treatment
  • 6.3. Construction
  • 6.4. Oil field Chemicals
  • 6.5. Personal Care
  • 6.6. Textile Industry
  • 6.7. Others
• 7. Global Market 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 7.1. North America
  • 7.2. Latin America
  • 7.3. Western Europe
  • 7.4. Eastern Europe
  • 7.5. South Asia and Pacific
  • 7.6. East Asia
  • 7.7. Middle East and Africa
• 8. North America Market 2018 to 2022 and Forecast 2023 to 2033, By Country
• 9. Latin America Market 2018 to 2022 and Forecast 2023 to 2033, By Country
• 10. Western Europe Market 2018 to 2022 and Forecast 2023 to 2033, By Country
• 11. Eastern Europe Market 2018 to 2022 and Forecast 2023 to 2033, By Country
• 12. South Asia and Pacific Market 2018 to 2022 and Forecast 2023 to 2033, By Country
• 13. East Asia Market 2018 to 2022 and Forecast 2023 to 2033, By Country
• 14. Middle East and Africa Market 2018 to 2022 and Forecast 2023 to 2033, By Country
• 15. Key Countries Market
• 16. Market Structure Analysis
• 17. Competition Analysis
  • 17.1. Clariant AG
  • 17.2. Albemarle Corporation
  • 17.3. Akzo Nobel N.V.
  • 17.4. Evonik Industries AG
  • 17.5. Kao Corporation
  • 17.6. Arkema S.A.
  • 17.7. Eastman Chemical Company
  • 17.8. Solvay S.A.
  • 17.9. E.I. du Pont de Nemours & Co.
  • 17.10. Procter & Gamble Company
  • 17.11. Lonza Group Ltd
  • 17.12. Indo Amine Ltd
  • 17.13. Sterling Auxiliaries Pvt. Ltd.
  • 17.14. Wuxi Zhufeng Fine Chemical Co., Ltd.
  • 17.15. NOF CORPORATION
  • 17.16. Nouryon
• 18. Assumptions & Acronyms Used
• 19. Research Methodology