Fatty amines are amines attached to hydrocarbon chain consisting of eight or more carbon atoms in length. These amines are nitrogen based fatty acids/ olefin derivatives which are obtained from fats, oils and petrochemicals. It finds wide application in agrochemicals, asphalt additives, anti-caking, water treatment and other application such as personal care, paints & coatings, and fabric softener.
Growing usage for home care essentials has led to increase in fatty amines demand. However, restrictions on production supported by raw material supply and procurement issues in COVID 19 have limit the industry growth. Demand shocks from end use industries such as paints & coatings and agrichemicals application will further restrict industry growth.
The report provides market estimation & forecast for global Fatty Amine market considering economic conditions during COVID 19 pandemic. Study impact of COVID 19 on market value with holistic approach considering both supply and demand side of the market. Macro and Micro economic factors analysis pertaining to economic policies, GDP and international trade changed due to COVID 19. After COVID 19 scenarios with coping strategies adopted by the major market players
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world includes Latin America and Middle East & Africa.
Asia Pacific is a lucrative region and dominated fatty amines market in 2019. Asia Pacific led by India, Japan and China fatty amines market dominate the market and will continue its dominance over the coming years. Growing demand for detergents and cleaning products owing to increasing population supported by rising government focus on water treatment infrastructure will favour regional industry growth.
The key players in the Fatty Amine market share are Arkema S.A., Ecogreen Oleochemicals GmbH, ERCA SPA, Evonik Industries AG, Global Amines Company Pte. LTD., Huntsman Corporation, India Glycols Limited, Indo Amines Limited, KAO Corporation, Lonza Group LTD, Nouryon, Procter & Gamble Co, Qida Chemical Co., Limited, Solvay SA, Volant-Chem Corp., Wuhan Obayer Science Co, LTD., Abermale Corporation, BASF SE. Key companies are focusing on minimising manufacturing process complexities along with complications arising from supply chain management and raw material procurement.
The report analyses the global fatty amine market based on type, function, application and geography. Various type studied are segmented into primary, secondary, tertiary. Various fatty amine function studied are emulsifier, floatation agents, dispersants, chemical intermediates, anticaking agents, corrosion inhibitors. Furthermore, the major application considered in the study is agrochemicals, oilfield chemicals, chemical processing, personal care, asphalt additives and water treatment
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world include Latin America and Middle East & Africa.