Fatty Amines Market to Widen at a CAGR of 4.2% through 2020
Verfasser: ShashiiPawar on Thursday, 13 July 2017Fatty amines are nitrogen-based derivatives of fatty acids/olefins derived from the raw materials such as petrochemicals, fats, and oils. Fatty amines contain either a mix of carbon chains or single chain with a number of carbons ranging from 8-22. Fatty amines find usage in many applications such as water treatment, agro-chemicals, oilfield chemicals, asphalt additives, anti-caking and others which include mining, personal care, fabric softener, paints & coatings and many more.
Fatty Amines Market: Segmentation
In terms of revenue, the global fatty amines market was valued at US$ 1,721 Mn in 2014, and is estimated to be worth US$ 2,193 Mn by 2020, whereas, in terms of volume, the global fatty amines market accounted for 615 Kilo Tonne in 2014, and is anticipated to reach a volume of 718 Kilo Tonne by 2020.
The application segment of the global fatty amines has been estimated and forecasted using the top-down approach. The water treatment chemicals segment accounted for the largest market with more than 29% of the global value for fatty amines in 2014. Moreover, it is anticipated to grow at a significant CAGR of 4.7% during the forecast period.