China Amines Market Size & Outlook, 2023-2030
China amines market, 2018-2030 (US$M)
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China amines market highlights
- The China amines market generated a revenue of USD 3,683.3 million in 2023 and is expected to reach USD 5,457.1 million by 2030.
- The China market is expected to grow at a CAGR of 5.8% 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 2023 | USD 3,683.3 million |
| Market revenue in 2030 | USD 5,457.1 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Ethanolamines |
| Fastest growing segment | Fatty amines |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 21.5% of the global amines market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China amines market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,457.1 million by 2030.
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Amines Market Scope
Amines Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 55.94% in 2023. Horizon Databook has segmented the China amines market based on ethanolamines, fatty amines, alkylamines covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing demand for detergents, personal care products as well as cleaning products and crop protection chemicals will fuel the demand for ethanol amines over the forecast period. Further, fatty amines product segment is expected to witness significant market growth owing to the use of the product for the manufacture of anti-cracking agents, and corrosion inhibitors owing to the increasing mining and construction activities in the country.
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Target buyers of China 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the China amines market , including forecasts for subscribers. This country databook contains high-level insights into China amines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China amines market size, by product, 2018-2030 (US$M)
China Amines Market Outlook Share, 2023 & 2030 (US$M)
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