Germany Amines Market Size & Outlook, 2023-2030
Germany amines market, 2018-2030 (US$M)
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Germany amines market highlights
- The Germany amines market generated a revenue of USD 2,341.0 million in 2023 and is expected to reach USD 3,301.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 5% 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 2,341.0 million |
| Market revenue in 2030 | USD 3,301.5 million |
| Growth rate | 5% (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, Germany accounted for 13.7% of the global amines market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany amines market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,301.5 million by 2030.
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Amines Market Scope
Amines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 46.19% in 2023. Horizon Databook has segmented the Germany amines market based on ethanolamines, fatty amines, alkylamines covering the revenue growth of each sub-segment from 2018 to 2030.
Ethanolamines accounted for the largest product segment in terms of both volume and revenue; the product segment witnessed moderate growth in the country owing to the high inventory stock with the manufacturers.
The key players are involved in expansion of their production capacity and geographical reach to increase revenues. BASF recently setup an ethanolamine and specialty amines manufacturing plant in Ludwigshafen, Germany in order to local demand.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany amines market , including forecasts for subscribers. This country databook contains high-level insights into Germany amines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany amines market size, by product, 2018-2030 (US$M)
Germany Amines Market Outlook Share, 2023 & 2030 (US$M)
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