South America Amines Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Amines are the compounds and functional groups that contain a basic nitrogen atom with a lone pair. They are formal derivatives of ammonia, wherein one or more hydrogen atoms have been replaced by a substituent such as an alkyl or aryl group. The major amines include amino acids, biogenic amines, trimethylamine, and aniline. Ephedrine and Pseudoephedrine are generally the best-known amines and are widely used for allergies that affect the respiratory tract.
South America Amines Market Segments Size & Growth:
South America Amines Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include rising demand for personal care products, growth in the construction sector, rising middle-class sectors, growth in the agriculture industry, high growth in end-user industries, increasing surfactant demand, rising need for crop protection chemicals, and massive developments in emerging economies. However, availability of specialised raw materials, volatility of raw material prices, and environmental regulations are thereby hindering the growth of the market. Various opportunities of amines market include emerging economies, and new amine grades in the market and impending applications.
South America Amines Market Segments Share:
South America amines market is categorised into a type which comprises ethylene amines, speciality amines, fatty amines, alkyl amines, and ethanolamines. Among them, Ethanol amine segment is anticipated to hold the largest share in the market during the forecast period because It has a huge variety of applications in agro-chemicals, dyes,
South America Amines Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
rubber industry, plastics, textiles, and many other applications. The fatty amines segment has the high demand for ethanolamine owing to its various increasing applications. By applications, the market is segmented into agro-chemicals, surfactants, water treatment, personal care, gas treatment, and others. The water treatment segment is expected to hold the highest growth rate in the market. Increasing firm regarding wastewater discharge from industrial & municipal sources, and water stress & security are under increased exploration and are monitored through stringent regulations which are estimated to fuel the increasing investments in wastewater industries which in turn drive the demand for fatty amines for various applications such as biocides and corrosion inhibitors. By the end of the forecast period, water treatment segment is expected to reach a value of around $617 million from a value of $ 466 million in 2017. By end-users, the market is segmented into petroleum, construction, chemical manufacturing, healthcare, agriculture, textile & dyes, reprography, and others.
By Geography, Brazil is projected to hold the largest share in the market and is projected to witness the highest growth rate during the forecast period because of fast-paced growth of key application industries in the region. The fast-growing industries such as manufacturing, energy, construction, and FMCG in emerging countries such as Argentina, Chile, and others are expected to drive product use over the forecast period. The high growth is a result of significant growth in end-use industries. Further, the presence of key chemical manufacturers in the country with extensive product portfolios are projected to
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South America Amines Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
boost the demand for the product shortly.
South America Amines Market Trends:
- Clariant and Wilmar have determined to establish a joint venture for amines and selected amines derivatives.
- The BASF SE company has planned to expand its portfolio of amines with approximately 300 different amines and has the world’s most diverse portfolio of this type of chemical intermediates.
South America Amines Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major market players, such as
- BASF SE
- The Dow Chemical Company
- Huntsman Corporation
- Clariant AG
- Mitsubishi Gas Chemical Company
- DuPont
Along with these companies, there were many other companies considered/cited in the report while analysing the South America amines market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
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