Canada Amines Market Size & Outlook, 2023-2030

The amines market in Canada is expected to reach a projected revenue of US$ 340.8 million by 2030. A compound annual growth rate of 3.6% is expected of Canada amines market from 2024 to 2030.
Revenue, 2023 (US$M)
$266.9
Forecast, 2030 (US$M)
$340.8
CAGR, 2024 - 2030
3.6%
Report Coverage
Canada

Canada amines market highlights

  • The Canada amines market generated a revenue of USD 266.9 million in 2023 and is expected to reach USD 340.8 million by 2030.
  • The Canada market is expected to grow at a CAGR of 3.6% 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.


Amines market data book summary

Market revenue in 2023USD 266.9 million
Market revenue in 2030USD 340.8 million
Growth rate3.6% (CAGR from 2023 to 2030)
Largest segmentEthanolamines
Fastest growing segmentFatty amines
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEthanolamines, Fatty amines, Alkylamines
Key market players worldwideArkema 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, Canada accounted for 1.6% of the global amines market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. amines market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 2,674.3 million by 2030.

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Amines Market Scope

Amines market segmentation & scope
Ethanolamines
Fatty amines
Alkylamines
Others
Crop protection
Surfactants
Water treatment
Personal care
Gas treatment
Others

Amines Market Companies

Name Profile # Employees HQ Website

Canada 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 52.87% in 2023. Horizon Databook has segmented the Canada amines market based on ethanolamines, fatty amines, alkylamines covering the revenue growth of each sub-segment from 2018 to 2030.


The growing use of pesticide-resistant crops in Canada will drive amine demand in agricultural chemicals as greater amounts of glyphosate and other amine-based pesticides are applied. Ethanol amines and specialty amines will benefit from rising demand for natural gas as power generation companies continue to replace coal-fired power plants with highly efficient natural gas burning plants.

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Target buyers of Canada amines market databook

  • Our clientele includes a mix of amines market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada amines market , including forecasts for subscribers. This country databook contains high-level insights into Canada amines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada amines market size, by product, 2018-2030 (US$M)

Canada Amines Market Outlook Share, 2023 & 2030 (US$M)

Canada amines market size, by product, 2018-2030 (US$M)

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