Amines Market Growth Factors, Future Demands, Challenges and Regional Outlook to 2029

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Amines Market is Segmented by Product (Ethanolamine, fatty amines, alkylamines, others), Application (Crop protection, surfactants, water treatment, personal care, gas treatment, others) and Region, Global trends and forecast from 2022 to 2029

The Amines Market is expected to grow at 5.8% CAGR from 2022 to 2029. It was valued 16.35 billion at 2020. It is expected to reach above USD 27.16 billion by 2029.

Segment Analysis
By product the market is segmented into ethanolamine, fatty amines, alkylamines, others. With a 54% market share in 2021, ethanolamine was the most popular product. In the form of monoethanolamine and triethanolamine, ethanolamine is mostly employed as a cleaning agent. In lubricants, machining fluids, and cooling systems for industrial, automotive, and marine applications, it also serves as a corrosion inhibitor. Because they are used to make corrosion inhibitors, froth flotation agents, dispersants, emulsifiers, and additives for use in mining, construction, and refinery processes, fatty amines are predicted to expand at the quickest rate.

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