Dublin, Jan. 11, 2016 (GLOBE NEWSWIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/ng..._market_by ) has announced the addition of the "Amines Market by Amine Type, & by Application - Global Trends and Forecast to 2020" report to their offering. The market size of amines is estimated to grow from USD 13.35 Billion in 2015 to USD 19.90 Billion by 2020, at an estimated CAGR of 8.3% between 2015 and 2020
Amines are used as a chelating agent, intermediate, formulator, neutralizing agent, activator, and corrosion inhibitors in various end use applications such as agricultural chemicals, cleaning products, gas treatment, personal care products, petroleum, water treatment, cement, paint & coatings, pharmaceuticals, textile, and wood treatment. Growth in end-use industries such as personal care, agriculture, water treatment, and petroleum is the driving the demand for amines. Various types of amines included in this report are ethyleneamine, alkylamines, fatty amines, specialty amines, and ethanol amines. In 2015, the ethanolamines segment account for the largest market share among all the types, in terms of volume, followed by alkylamines, fattyamines, ethyleneamines, and specialty amines. The specialty amines segment is estimated to register the highest CAGR between 2015 and 2020. Globally, the personal care products application is the largest segment in 2015. The growth is due to the rising population, change in lifestyle, and use of various beauty products, globally. The other applications is projected to register the highest CAGR followed by agriculture and personal care applications. Price and availability of raw materials is a key factor for amines manufacturers for determining the cost structure of their products. Raw materials used by the amines manufacturing are ammonia, ethylene oxide, ethanol, acetone, butyl alchol, and refined petroleum products. Most of these raw materials are petroleum-based derivatives and are vulnerable to the fluctuations in commodity prices. BASF SE (Germany), Huntsman Corporation (U.S.), Akzonobel (The Netherlands) are leading company and has an excellent foothold in the U.S. and China and is expected to hold a significant market share in the coming future. Entering into new industries and targeting new markets will enable these company to overcome the effects of volatile economy, leading to diversified business portfolio, and increase in its revenue. Other major manufacturers of amines are Clariant AG (Switzerland), Taminco (Belgium), Oxea GmbH (Germany), Delamine (Netherlands), and Tosoh Corporation (Japan) among other. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Global Amines Market, By Type 8 Amines Market, By Application 9 Amines Market, By Region 10 Competitive Landscape 11 Company Profiles - Akzonobel N.V - Basf Se - Clariant Ag - Delamines B.V - Huntsman Corporation - Mitsubishi Gas Chemical Company - Oxea Gmbh - Taminco - The Dow Chemical Company - Tosoh Corporation For more information visit http://www.researchandmarkets.com/research/ng..._market_by
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