The fatty amines market is projected to grow from USD 2.9 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 6.5% from 2019 to 2024. The growing demand for agrochemicals in the agriculture industry is driving the growth of the fatty amines market. The acquisitions, as well as plant and distribution channel expansions made by many prominent players in the fatty amines industry, are the key factors driving the growth of the fatty amines market across the globe. Factors such as changing technology within the additives industry, driven by cost, low VOC, and other legislation, are expected to upsurge the demand for bio-based, environment-friendly additives in the paints & coatings industry, which in turn is expected to upsurge the fatty amines market, thus acting as an opportunity for the worldwide growth of the fatty amines market.
The fatty amines market in South America is projected to grow at the highest CAGR in terms of both value and volume from 2019 to 2024. Brazil, Argentina, Colombia, Chile, and Uruguay are the key countries contributing to the increased demand for waste-water treatment plants and, thus, fatty amines in this region. Factors such as rising agribusiness in the South America region have increased the demand for fatty amines in this region.
To know about the assumptions considered for the study download the pdf brochure
Kao Corporation (Japan), Nouryon (Netherlands), Arkema S.A. (France), Lonza Group Ltd (Switzerland), Solvay SA (Belgium), Evonik Industries AG (Germany), Huntsman Corporation (US), Volant-Chem Corp. (China), Global Amines Company Pte. Ltd. (Singapore), India Glycols Limited (India), Indo Amines Limited (India), Procter & Gamble Co (US), ERCA SPA (Italy), Qida Chemical Co., Limited (China), Wuhan Obayer Science Co, Ltd. (China), and Ecogreen Oleochemicals GmbH (Germany) are some of the leading players operating in the fatty amines market. These players have adopted the strategies of expansions, acquisitions, divestments, collaborations, and joint ventures to enhance their positions in the market.
In October 2018, Nouryon, through its parent companies, The Carlyle Group (US) and GIC Private Ltd. (Singapore), acquired the Specialty Chemicals business of Akzo Nobel N.V. (Netherlands) for an enterprise value of USD 11.9 billion. The acquired business was included in the Nouryon company in October 2018. The purpose of this acquisition was to establish Nouryon among the leading players in the specialty chemicals sector, globally.
In July 2017, Lonza Group Ltd acquired Capsugel S.A. (US) from Kohlberg Kravis Roberts & Co L.P. (US) for USD 5.5 billion. The acquisition aided Lonza Group Ltd in accelerating its growth in the consumer healthcare industry. The acquisition established Lonza Group Ltd as a fully integrated solutions provider in active ingredients, thus strengthening its position in the tertiary amines market as well.
Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=724
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Address:630 Dundee Road Suite 430
State: IL 60062
Country: United States