Albany, NY -- (SBWire) -- 08/10/2016 --This report links all sectors of the global amines market, labeling them in a categorized manner into appropriate segments using a premeditated pattern specifically chosen for it. The report offers exhaustive detail on all the market drivers as well as restraints, correlating them with the current and future feasible areas of growth. It should be noted that all market figures and revenues are stated in U.S. dollars. After applying market specific segmentation, the report also delves into a geographic categorization using the larger regional markets of North America, Asia, Pacific, Europe, and the Rest of the World.
The research document enunciates a comprehensive analysis of the global amines market in terms of historic, current, and overall growth. Multiple factors are considered to examine the positive and negative aspects in the amines market, including market size, growth rate, and overall promoting factors. The report primarily compiles a detailed picture of the amines market using Porter's Five Force Model, a research model that utilizes buyers' and sellers' impacts, emerging competitors, product analysis, distributor rights, and competitiveness of the market. The report also details the historical data of the amines market in a way that gives the user a better perspective on the current market scenario. A SWOT analysis is also included, along with all major developments in the amines market. The report contains a segment dedicated to the top players in the amines market and studies their major developments, previous business strategies, and financial overviews.
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Overview
As chemical intermediates that are primarily utilized for manufacturing various textile chemicals and drugs, amines almost always use ammonia as a base raw material. In fact, a large part of the global manufacture of ammonia goes into the production of amines. A typical look at the amines market reveals the three major segments of primary, secondary, and tertiary amines. These categories show the kind of molecular structure that composes a particular amine.
One of the key drivers for the global amines market is the growing rate of agriculture in emerging countries. Technological advancements allow the crop yield to increase considerably, thereby supplementing the growing population as well as the manufacture of ammonia. Other market drivers include the increasing scope of application in water purification along with a growing awareness of maintaining personal hygiene.
Ethanolamines, a type of primary amines, constituted about 50% of the global amines market in 2012. The segment is expected to continue growing at a steady pace. Crop chemicals demanded the largest amount of amines – more than 30% - from the global amines market in 2012. Geographically speaking, the major companies do not hold a large part of the amines market; instead the market is fragmented through numerous regional suppliers.
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Companies mentioned
The list of top players in the global amines market includes Taminco Corporation, Rhodia, Huntsman Corporation, Mitsubishi Gas Chemical Company Inc., The Dow Chemical Company, BASF SE, BASF-YPC Company Ltd., Arkema SA, Alkyl Amines Chemicals, Ltd., and AkzoNobel N.V.
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Amines Market - Usage of Amines in Surfactant Has Been Significantly Growing
Amines are chemical intermediates that are mainly used for formulations in the manufacturing of drugs and textiles chemicals Currently, most amines manufacturers use ammonia as a raw material. Most of the ammonia produced is consumed in the manufacturing of amines.