Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Amines Market

Amines Market Size

Report ID: GMI4838
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Amines Market Size

The global amines market was valued at USD 23.1 billion in 2024 and is estimated to grow at a CAGR of over 7.6% from 2025 to 2034.

To get key market trends

Download Free Sample

Amines industry fueled by burgeoning industrial growth and rapid urbanization worldwide. As industries expand, the demand for amines rises, given their integral role in various manufacturing processes across sectors. Moreover, urbanization drives the need for infrastructure development, construction materials, and consumer goods, all of which utilize amines, thus contributing to the market's expansion and sustained growth trajectory.

For instance, in October 2023, Alkyl Amines commenced commercial operations at its newly established plant in Maharashtra, India, marking a significant milestone.

Amines Market Report Attributes
Report Attribute	Details
Base Year:	2024
Amines Market Size in 2024:	USD 23.1 Billion
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	7.6%
2034 Value Projection:	USD 48.5 Billion
Historical Data for:	2021 – 2024
No. of Pages:	235
Tables, Charts & Figures:	165
Segments covered:	Type, Application, Function
Growth Drivers:	Increasing demand from the pharmaceutical industry Expanding applications in personal care and household products Growing use in agriculture
Pitfalls & Challenges:	Amines are subject to strict regulatory scrutiny due to their potential environmental Stringent environmental regulations and economic uncertainty

Learn more about the key segments shaping this market

Download Free Sample

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for amines was valued at USD 23.1 billion in 2024 and is projected to reach USD 48.5 billion by 2034, driven by a CAGR of 7.6% during the forecast period.

Pharmaceuticals held a 26.8% market share in 2024 and are expected to grow significantly, driven by the increasing prevalence of chronic diseases and the rising demand for active pharmaceutical ingredients (APIs).

The U.S. market was valued at USD 3.9 billion in 2024, driven by the expansion of end-use industries such as pharmaceuticals, agriculture, and water treatment.

Major players in the industry include Alkyl Amines & Chemicals, Amines & Plasticizers, Arkema, Balaji Amines, BASF, Daicel, Dow, Eastman Chemical, Evonik, Global Amines, Hexion, Huntsman, Indo Amines, Kao, Koei Chemical, Lanxess, Luxi Chemical, Mitsubishi Gas Chemical, NOF, Solvay, and Sterling Auxiliaries.