Asia Pacific Amines Market Size & Outlook, 2023-2030
Asia Pacific amines market, 2018-2030 (US$M)
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Asia Pacific amines market highlights
- The Asia Pacific amines market generated a revenue of USD 7,970.1 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, ethanolamines was the largest revenue generating product in 2023.
- Fatty amines is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 7,970.1 million |
| Market revenue in 2030 | USD 11,440.5 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Ethanolamines |
| Fastest growing segment | Fatty amines |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ethanolamines, Fatty amines, Alkylamines |
| Key market players worldwide | Arkema SA, Akzo Nobel NV, Basf SE, Dow Inc, Huntsman Corp, Mitsubishi Gas Chemical Co Inc, Eastman Chemical Co, Celanese Corp Class A, Solvay SA, Lanxess AG, LyondellBasell Industries NV Class A, SABIC, INEOS |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 46.6% of the global amines market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,440.5 million by 2030.
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Amines Market Scope
Amines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific amines market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to amines market will help companies and investors design strategic landscapes.
Ethanolamines was the largest segment with a revenue share of 55.27% in 2023. Horizon Databook has segmented the Asia Pacific amines market based on ethanolamines, fatty amines, alkylamines covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific amines market witnessed the highest growth owing to the rapidly growing end-use industries in emerging economies including China, India, Indonesia, and Hong Kong. The growing population and increasing manufacturing activities in the above mentioned countries is likely to bolster the demand for amines for the forecast period.
The presence of key raw material suppliers and manufacturers in the region with massive production capacities are expected to propel the market growth for amines and related products in the near future.
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Target buyers of Asia Pacific amines market databook
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Our clientele includes a mix of amines market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific amines market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific amines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific amines market size, by country, 2018-2030 (US$M)
Asia Pacific Amines Market Outlook Share, 2023 & 2030 (US$M)
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