The global tertiary amines market size was USD 4.30 billion in 2020 and is expected to register a CAGR of 5.6% during the forecast period.
As the compound is commonly used in creams and moisturizers in the form of emulsifiers, the increasing demand for personal care products will contribute to the growth of the tertiary amine industry. Factors responsible for the rise in product demand are growing understanding of the value of skincare and increasing disposable income that enables investment in a wide range of personal care items.
Top Companies Operating in the Global Tertiary Amines Market:
- Albemarle Corporation
- KLK Oleo
- Kao Corporation
- Eastman Chemical Company
- Balaji Amines
- Temix Oleo Srl
- Indo Amines Ltd.
- Dow Chemical
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Key Highlights from the Report:
- Demand for disinfectants has reported massive growth over 2020 in a coronavirus-plagued world. As these amines find substantial application in sanitizers and disinfectant wipes, goods that are currently so much in demand that the supply chain is struggling to keep track, this has positively affected the tertiary amine industry
- As these amines find substantial application in sanitizers and disinfectant wipes, goods that are currently so much in demand that the supply chain is struggling to keep track, this has positively affected the tertiary amine industry
- To meet this growing demand for tertiary amines, chemical producers such as Eastman Chemical Corp. are gearing up. Eastman Chemical Corp. has announced that its ability for the production of tertiary amines at its Belgian facility would be increased. Eastman Chemical Corp. is the world's leading tertiary amine manufacturer, and the company has made substantial investments in resolving the supply gap in demand.
- The report segments the market for tertiary amines on the basis of various tertiary amine forms, including C-8, C-10, C-12, C-14, and C-16.
- Surfactant is the tertiary amines market's key application category.
- The end-use of personal care is likely to show a substantial CAGR over the projected period in terms of sales.
- Tertiary amines and their derivatives are used in the pharmaceutical industry as intermediates for medicinal drug production.
- The Asia-Pacific tertiary amine market experienced the highest growth in 2020 as a result of the rapidly growing agricultural chemical industry in emerging economies such as China, India, Japan, and South Korea. The emergence of key suppliers of raw materials and manufacturers with large production capacities is expected to further propel regional growth.
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Tertiary Amines Market Segmentation
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2028)
- C-8 TA
- C-10 TA
- C-12 TA
- C-14 TA
- C-16 TA
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2028)
- Floatation Agents
- Corrosion Inhibitors
- Drilling Material
End-Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2028)
- Cleaning Products
- Agricultural Chemicals
- Personal Care
- Petroleum Industry
- Water Treatment
- Textiles Fibers
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Tertiary Amines market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Tertiary Amines market.
The global Tertiary Amines market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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