India's methylamine industry size reached US$ 68.3 million in 2023 and is expected to total US$ 73.2 million by 2024. Over the forecast period, methylamine demand in India is anticipated to rise at 8.0% CAGR, taking the overall valuation to US$ 159.2 million in 2034.
Methylamine consumption is projected to remain high in the pharmaceuticals segment. The latest India methylamine industry analysis predicts the pharmaceuticals segment will progress at 6.6% CAGR during the assessment period.
Attributes | Key Insights |
---|---|
Base Value (2023) | US$ 68.3 million |
Estimated India Methylamine Industry Value (2024) | US$ 73.2 million |
Projected India Methylamine Industry Revenue (2034) | US$ 159.2 million |
Value-based CAGR (2024 to 2034) | 8.0% |
Collective Value Share: Top 5 States (2024E) | 54.8% |
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The methylamine industry revenue in India is set to expand around 2.2X through 2034, amid a 4.5% rise in predicted CAGR compared to the historical one. This is due to the growing demand for methylamine-based pharmaceuticals and fertilizers.
Sales of methylamines in India will also surge due to rapid population growth. Similarly, increasing government initiatives for methylamine production in India and growing awareness about methylamine-based pharmaceuticals. By 2034, the total revenue is expected to reach US$ 159.2 million.
As per the latest analysis, West India is expected to remain the most lucrative pocket for methylamine manufacturers during the forecast period. It is set to hold around a revenue share of 44.8% in 2034. This is attributed to the expanding industrial sector and favorable government support.
In the synthesis of several pharmacological molecules, including intermediates and active pharmaceutical ingredients (APIs), methylamine is a crucial component. Thus, India's methylamine consumption is directly impacted by the growing need for pharmaceuticals on a global and domestic level.
As the pharmaceutical industry strongly focuses on research and development, new medicine formulations and ongoing innovation are created. This will continue to increase the need for methylamine as a necessary raw material.
The government's emphasis on encouraging domestic medicine manufacturing in conjunction with rising investments in pharmaceutical infrastructure is anticipated to fuel demand for methylamine in India’s industry, especially from pharmaceutical companies.
India's pharmaceutical business is pivotal in supplying cost-effective healthcare solutions worldwide, being among the world's leading producers of generic pharmaceuticals. Thus, rising pharmaceutical exports will further boost the target industry.
The nation's methylamine business is made more competitive by its concentration on legislative assistance, technological innovation, and infrastructure development. Also, India's advantageous location in relation to other countries and its easy access to raw materials support its status as a major participant in the global methylamine industry.
A vital component in the production of several agrochemicals, such as fungicides, insecticides, and herbicides, is methylamine. Its chemical makeup allows for the effective formulation of insecticides that minimize damage to non-target creatures and the environment while targeting specific pests.
The agrochemical industry's need for methylamine is fueled by the desire for environmentally friendly farming methods and an ongoing search for cutting-edge crop protection techniques. Because of this, methylamine demand in the agrochemicals sector is still strong, which supports the industry's overall expansion.
As per the latest report, dimethylamine is expected to remain the most sought-after product type across India, holding a volume share of about 64.9% in 2024. This is attributable to the rising usage of dimethylamine for various applications due to its versatility and other properties.
Dimethylamine is expected to see strong demand because of its many uses in agrochemicals, manufacturing processes, pharmaceuticals, and other industries. Its production is often more efficient than TMA and MMA, contributing to its cost-effectiveness.
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Sales of methylamine in India grew at a CAGR of 3.5% between 2019 and 2023. Total revenue reached about US$ 68.3 million in 2023. In the forecast period, the India methylamine industry is set to thrive at a CAGR of 8.0%.
Historical CAGR (2019 to 2023) | 3.5% |
---|---|
Forecast CAGR (2024 to 2034) | 8.0% |
The methylamine industry in India witnessed steady growth between 2019 and 2023. This was due to increased demand for methylamine from the pharmaceutical sector.
The COVID-19 pandemic created a high need for different pharmaceuticals during the historical period. This, in turn, increased methylamine demand in India as it is used for the production of various pharmaceutical formulations.
Over the forecast period, the India methylamine industry is poised to exhibit healthy growth, totaling a valuation of US$ 159.2 million by 2034. This is due to a combination of several factors, including increasing demand for methylamine from industries like agriculture and pharmaceuticals.
Rapid population development, urbanization, and industrialization are predicted to fuel demand for methylamine in several industries, including manufacturing, agrochemicals, and pharmaceuticals. The industry's growth prospects are further supported by improvements in production technology, rising R&D expenditures, and supportive government initiatives that support homegrown manufacturing.
Rising applications in specialized industries like water treatment and specialty chemicals will likely bolster methylamine sales in India. Stakeholders in India are well-positioned to take advantage of these opportunities and achieve sustainable growth in the near future through strategic planning, innovation, and adaptation to industry trends.
Methylamine is also used as a precursor to dimethylaminoethanol (DMEA) production, which is utilized in rocket propellants. Similarly, its growing popularity as a precursor to choline will likely fuel demand across India during the assessment period.
Other factors expected to fuel demand for methylamines in India include:
The increasing demand for methylamine, particularly di-methylamine, in the synthesis of widely used herbicides such as glyphosate serves as a significant driver for the industry. The material plays an essential role as a key intermediate in synthesizing glyphosate, making it an indispensable component in the herbicide manufacturing process.
As the world population continues to grow, the usage of fertilizers, herbicides, and insecticides is also on the rise to satisfy the simultaneous growth in food demand. This necessitates the expansion of agricultural practices and increased crop yields.
Due to its effective property in eradicating weeds, glyphosate has gained widespread acceptance among farmers. The synthesis of glyphosate involves several chemical steps, with methylamine being a critical precursor. The agriculture sector relies heavily on the usage of herbicides to keep weeds away from their crop and increase the crop yield.
Methylamine's role in the synthesis of herbicides aligns with the agricultural industry’s objectives of optimizing crop production and ensuring food security. Di-methylamine's role in producing herbicides like glyphosate is important in maintaining the high yield of food crops.
The usage of di-methylamine (DMA) in the formation of agents that enhance the removal of suspended solids plays a crucial role in driving methylamine demand in India. These agents (coagulants or flocculants) help in the removal of suspended particles and impurities from water, facilitating the subsequent separation of solids and liquids.
DMA is a building block in the synthesis of water treatment agents designed to improve the efficiency of filtration and sedimentation stages in the water treatment process. It promotes the formation of larger and denser flocs, which settle more rapidly.
The enhanced size and weight of the flocs aid in the capture of particulate matter as water passes through filter media. DMA is significant in providing clean drinking water to a rising population and providing clean water for several other industries.
The incorporation of methylamines into fuel additives is driven by the need for improved fuel characteristics, engine efficiency, and environmental compliance in the automotive and aviation industries. These methylamines are responsible for enhancing the efficiency and performance of fuel used in gasoline, motor oil, and jet fuel.
Mono-methylamine, dimethylamine, and trimethylamine being nitrogen-based, can contribute to the formulation of fuel additives that enhance various properties. These methylamine-based additives often act as combustion enhancers, leading to more complete and efficient burning of fuel.
In coolants for high-speed engines, methylamines are utilized as components in formulations that help prevent corrosion and maintain the thermal stability of the engine. MMA and DMA are also employed to reduce the octane rating, which reduces the engine knocking.
The demand for methylamine-based fuel additives is likely to persist and grow due to the aviation industry’s focus on improved reduced emissions, fuel efficiency, and enhanced engine performance. This will likely foster sales growth across nations like India.
Skin contact with methylamine can irritate and, in some instances, cause chemical burns. Inhaling the vapors of methylamine can lead to respiratory irritation, coughing, and, in severe cases, damage to the respiratory system.
Methylamine chemical deals with a great deal of safety stringentness. Safety measures and protocols are in place during the handling, storage, and transportation of methylamine.
Workers must use appropriate personal protective equipment (PPE), including respiratory protection and chemical-resistant clothing. Transporting methylamine also presents challenges due to its flammability and toxicity. The need for rigorous safety protocols contributes to increased operational costs for industries using methylamine.
Investments in specialized equipment, employee training programs, and safety infrastructure are essential components to lower the risk of any accidents. Companies must balance the benefits of methylamine's industrial applications with the costs and responsibilities associated with maintaining a safe working environment.
Due to its hazardous characteristics, high exposure to methylamine poses a significant risk to human health and safety. Methylamine is a highly flammable and volatile substance that easily evaporates and is inhaled, irritating the respiratory tract and causing coughing fits and dyspnea.
High amounts of methylamine vapor can harm the respiratory system severely, leading to bronchitis, pulmonary edema, and even respiratory failure in both acute and prolonged exposures. Methylamine also causes irritation, burns, and possible tissue damage when it comes into contact with the skin, eyes, and membranes that surround it.
The possibility of systemic toxicity via ingestion or skin absorption makes methylamine a dangerous substance, according to regulatory bodies. The long-term health implications of chronic exposure to methylamine are a cause for concern since it has been linked to detrimental effects on the kidneys, liver, and central nervous system.
Hence, the harmful nature of methylamine can impede industry growth. To reduce the danger of exposure and safeguard public health in occupational and industrial settings, strict safety protocols, appropriate handling techniques, and personal protection equipment are crucial when working with or near methylamine.
The table below highlights methylamine industry revenue in leading states in India. Gujarat, Maharashtra, and Uttar Pradesh are expected to remain the top three consumers of methylamine, with expected valuations of US$ 35.3 million, US$ 22.1 million, and US$ 11.5 million, respectively, in 2034.
States | Projected India Methylamine Industry Revenue (2034) |
---|---|
Gujarat | US$ 35.3 million |
Maharashtra | US$ 22.1 million |
Uttar Pradesh | US$ 11.5 million |
Haryana | US$ 8.0 million |
Punjab | US$ 7.8 million |
The table below shows the estimated growth rates of the top five states across India. Maharashtra, Haryana, and Gujarat are set to record high CAGRs of 8.8%, 7.5%, and 7.2%, respectively, through 2034.
States | Projected India Methylamine Industry CAGR (2024 to 2034) |
---|---|
Gujarat | 7.2% |
Maharashtra | 8.8% |
Uttar Pradesh | 6.9% |
Haryana | 7.5% |
Punjab | 8.1% |
The Gujarat methylamine industry size is projected to reach US$ 35.3 million by 2034. Over the assessment period, demand for methylamine in Gujarat is anticipated to rise at a CAGR of 7.2%. This can be attributed to rising industrial activities in the state.
Maharashtra is expected to witness significant growth in methylamine production and consumption. This is due to the state's thriving chemical industry, as well as its advantageous business climate and infrastructure.
As per the latest analysis, sales of methylamine products in Maharashtra are projected to soar at a CAGR of around 8.8% during the assessment period. Total valuation in the state is anticipated to reach US$ 22.1 million by 2034.
The most populous state in India and a major industrial center, Uttar Pradesh, is expected to create lucrative growth opportunities for methylamine producers. It will likely exhibit a CAGR of 6.9% during the forecast period, totaling US$ 11.5 million by 2034.
Haryana’s methylamine industry is estimated to be valued at US$ 8.0 million in 2034. In the assessment period, demand for methylamine across Haryana will likely grow at a healthy CAGR of 7.5%.
Punjab methylamine industry revenue is forecast to reach US$ 7.8 million by 2034. Over the assessment period, methylamine demand in Punjab is projected to rise at 8.1% CAGR. This is because of Punjab's well-established agriculture sector.
The section below shows the dimethylamine segment dominating the methylamine industry in India. It is forecast to thrive at 7.7% CAGR through 2034. Based on application, the pharmaceuticals segment is anticipated to exhibit a CAGR of 6.6% during the forecast period.
Top Segment (Product Type) | Dimethylamine |
---|---|
Predicted CAGR (2024 to 2034) | 7.7% |
Dimethylamine holds a significant position in the methylamine industry and is expected to witness robust growth during the assessment period. This can be attributed to its versatility, diverse applications, and favorable regulations in India. As per the latest analysis, demand for dimethylamine is predicted to increase at a CAGR of 7.7% over the next ten years. It will likely total a valuation of US$ 83.5 million by the end of 2034.
Top Segment (End Use) | Pharmaceuticals |
---|---|
Projected CAGR (2024 to 2034) | 6.6% |
As per the latest analysis, the pharmaceuticals segment is projected to grow at 6.6% CAGR during the forecast period. It is set to attain a valuation of US$ 52.3 million by 2034, making it a leading end-use industry for methylamine. This is due to increasing methylamine consumption in India’s expanding pharmaceutical sector.
On the other hand, the agrochemicals segment is projected to grow at a higher CAGR of 7.0% during the forecast period. This can be attributed to increasing agricultural activities in India and growing demand for fertilizers, herbicides, and other agrochemicals.
India’s methylamine industry is consolidated, with leading players accounting for a significant share. Balaji Amines Ltd, Alkyl Amines Chemicals Limited, Rashtriya Chemicals, and Fertilizers Limited are the leading manufacturers of methylamine in India.
Key methylamine manufacturing companies are focusing on increasing their production capacities to meet rising end-user demand. They are also investing in research and development to explore new applications of methylamine and its derivatives.
Several companies are adopting strategies like partnerships, facility expansions, acquisitions, distribution agreements, and collaborations to strengthen their presence in India. These strategies will also help them to stay ahead of the competition.
Recent Developments in India’s Methylamine Industry
Attribute | Details |
---|---|
Estimated Industry Value (2024) | US$ 73.2 million |
Projected Industry Size (2034) | US$ 159.2 million |
Anticipated Growth Rate (2024 to 2034) | 8.0% |
Historical Data | 2019 to 2023 |
Forecast Period | 2024 to 2034 |
Quantitative Units | Value (US$ million) and Volume (kilo ton) |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Key Segments Covered |
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Regions Covered |
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Key States Covered |
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Key Companies Profiled |
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The methylamine industry in India is estimated to reach US$ 73.2 million in 2024.
Methylamine demand in India is anticipated to rise at 8.0% CAGR through 2034.
India’s methylamine industry size is set to reach US$ 159.2 million by 2034.
The pharmaceuticals segment is expected to lead the target industry.
Methylamine is mostly used in industries like pharmaceuticals, agrochemicals, and dyes & pigments.
Methylamine is used as a fuel additive and an intermediate for pharmaceuticals, insecticides, and fungicides.
1. Executive Summary
1.1. India Industry Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Industry Overview
2.1. Industry Coverage / Taxonomy
2.2. Industry Definition / Scope / Limitations
3. Key Industry Trends
3.1. Key Trends Impacting the Industry
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USP’s / Features
4.3. Strategic Promotional Strategies
5. Industry Demand Analysis 2019 to 2023 and Forecast, 2024 to 2034
5.1. Historical Industry Volume (tons) Analysis, 2019 to 2023
5.2. Current and Future Industry Volume (tons) Projections, 2024 to 2034
5.3. Y-o-Y Growth Trend Analysis
6. Industry - Pricing Analysis
6.1. Regional Pricing Analysis By Product
6.2. India Average Pricing Analysis Benchmark
7. Industry Demand (in Value or Size in US$ million) Analysis 2019 to 2023 and Forecast, 2024 to 2034
7.1. Historical Industry Value (US$ million) Analysis, 2019 to 2023
7.2. Current and Future Industry Value (US$ million) Projections, 2024 to 2034
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Industry Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Global Chemical Industry Overview
8.1.3. Industry Value Added
8.1.4. Parent Industry Outlook
8.1.5. Other Macro-Economic Factors
8.2. Forecast Factors - Relevance & Impact
8.2.1. Top Companies Historical Growth
8.2.2. GDP Growth Forecast
8.2.3. Manufacturing Industry Forecast
8.2.4. Global Urbanization Growth Outlook
8.2.5. Other Forecast Factors
8.3. Value Chain
8.3.1. Product Manufacturers
8.3.2. End Users
8.3.3. Avg. Profitability Margins
8.4. COVID-19 Crisis - Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook
8.4.3. Likely Rebound
8.5. Industry Dynamics
8.5.1. Drivers
8.5.2. Restraints
8.5.3. Opportunity Analysis
8.6. India Supply Demand Analysis
8.7. Key Regulations & Certifications
8.8. Production Process Overview
8.9. Trade Scenario
9. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product
9.1. Introduction / Key Findings
9.2. Historical Industry Size (US$ million) and Volume Analysis By Product, 2019 to 2023
9.3. Current and Future Industry Size (US$ million) and Volume Analysis and Forecast By Product, 2024 to 2034
9.3.1. Monomethylamine
9.3.2. Dimethylamine
9.3.3. Trimethylamine
9.4. Industry Attractiveness Analysis By Product
10. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
10.1. Introduction / Key Findings
10.2. Historical Industry Size (US$ million) and Volume Analysis By Application, 2019 to 2023
10.3. Current and Future Industry Size (US$ million) and Volume Analysis and Forecast By Application, 2024 to 2034
10.3.1. Agrochemicals (Herbicides)
10.3.2. Dye and Pigments
10.3.2.1. Dye Synthesis
10.3.2.2. Coloring in Textile
10.3.2.3. Dye Fixation Agent
10.3.2.4. Others
10.3.3. Photographic Chemicals
10.3.3.1. Developer Solutions
10.3.3.2. Fixing Agents
10.3.3.3. Silver Stabilization
10.3.3.4. Photographic Toners
10.3.3.5. Buffering Agents
10.3.3.6. Others
10.3.4. Pharmaceuticals
10.3.4.1. Active Pharmaceutical Ingredient
10.3.4.2. Vitamin and Nutrient
10.3.4.3. Others
10.4. Industry Attractiveness Analysis By Application
11. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
11.1. Introduction / Key Findings
11.2. Historical Industry Size (US$ million) and Volume Analysis By Region, 2019 to 2023
11.3. Current and Future Industry Size (US$ million) and Volume Analysis and Forecast By Region, 2024 to 2034
11.3.1. North India
11.3.2. East India
11.3.3. West India
11.3.4. South India
11.4. Industry Attractiveness Analysis By Region
12. North Industry Analysis 2019 to 2023 and Forecast 2024 to 2034
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Industry Size (US$ million) and Volume Trend Analysis By Industry Taxonomy, 2019 to 2023
12.4. Industry Size (US$ million) and Volume Forecast By Industry Taxonomy, 2024 to 2034
12.4.1. By State
12.4.1.1. Punjab
12.4.1.2. Haryana
12.4.1.3. Uttar Pradesh
12.4.1.4. Rest of North India
12.4.2. By Product
12.4.3. By Application
12.5. Industry Attractiveness Analysis
12.5.1. By State
12.5.2. By Product
12.5.3. By Application
13. East Industry Analysis 2019 to 2023 and Forecast 2024 to 2034
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Industry Size (US$ million) and Volume Trend Analysis By Industry Taxonomy, 2019 to 2023
13.4. Industry Size (US$ million) and Volume Forecast By Industry Taxonomy, 2024 to 2034
13.4.1. By State
13.4.1.1. Bihar
13.4.1.2. Jharkhand
13.4.1.3. West Bengal
13.4.1.4. Rest of East India
13.4.2. By Product
13.4.3. By Application
13.5. Industry Attractiveness Analysis
13.5.1. By State
13.5.2. By Product
13.5.3. By Application
14. West Industry Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Industry Size (US$ million) and Volume Trend Analysis By Industry Taxonomy, 2019 to 2023
14.4. Industry Size (US$ million) and Volume Forecast By Industry Taxonomy, 2024 to 2034
14.4.1. By State
14.4.1.1. Rajasthan
14.4.1.2. Gujarat
14.4.1.3. Maharashtra
14.4.1.4. Goa
14.4.2. By Product
14.4.3. By Application
14.5. Industry Attractiveness Analysis
14.5.1. By State
14.5.2. By Product
14.5.3. By Application
15. South Industry Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Industry Size (US$ million) and Volume Trend Analysis By Industry Taxonomy, 2019 to 2023
15.4. Industry Size (US$ million) and Volume Forecast By Industry Taxonomy, 2024 to 2034
15.4.1. By State
15.4.1.1. Andhra Pradesh
15.4.1.2. Telangana
15.4.1.3. Karnataka
15.4.1.4. Tamil Nadu
15.4.1.5. Rest of South India
15.4.2. By Product
15.4.3. By Application
15.5. Industry Attractiveness Analysis
15.5.1. By State
15.5.2. By Product
15.5.3. By Application
15.6. Industry Trends
15.7. Key Industry Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. State-wise Industry Analysis
16.1. Introduction
16.1.1. Industry Value Proportion Analysis, By Key Countries
16.1.2. India Vs. State Growth Comparison
16.2. Punjab Industry Analysis
16.2.1. By Product
16.2.2. By Application
16.2.3. By Region
16.3. Haryana Industry Analysis
16.3.1. By Product
16.3.2. By Application
16.3.3. By Region
16.4. Uttar Pradesh Industry Analysis
16.4.1. By Product
16.4.2. By Application
16.4.3. By Region
16.5. Bihar Industry Analysis
16.5.1. By Product
16.5.2. By Application
16.5.3. By Region
16.6. Jharkhand Industry Analysis
16.6.1. By Product
16.6.2. By Application
16.6.3. By Region
16.7. West Bengal Industry Analysis
16.7.1. By Product
16.7.2. By Application
16.7.3. By Region
16.8. Rajasthan Industry Analysis
16.8.1. By Product
16.8.2. By Application
16.8.3. By Region
16.9. Gujarat Korea Industry Analysis
16.9.1. By Product
16.9.2. By Application
16.9.3. By Region
16.10. Maharashtra Industry Analysis
16.10.1. By Product
16.10.2. By Application
16.10.3. By Region
16.11. Goa Industry Analysis
16.11.1. By Product
16.11.2. By Application
16.11.3. By Region
17. Industry Structure Analysis
17.1. Industry Analysis by Tier of Companies
17.2. Industry Concentration
17.3. Industry Share Analysis of Top Players
18. Competition Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Competition Deep Dive
18.3.1. Balaji Amines Ltd.
18.3.1.1. Overview
18.3.1.2. Product Portfolio
18.3.1.3. Profitability by Industry Segments (Product Type/Application//Region)
18.3.1.4. Sales Footprint
18.3.1.5. Strategy Overview
18.3.2. Alkyl Amines Chemicals Limited
18.3.3. Rashtriya Chemicals and Fertilizers Limited
18.3.4. Other Key Players
19. Primary Insights
20. Assumptions and Acronyms Used
21. Research Methodology
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