North America Amines Market Size & Outlook, 2023-2030
North America amines market, 2018-2030 (US$M)
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North America amines market highlights
- The North America amines market generated a revenue of USD 2,359.6 million in 2023.
- The market is expected to grow at a CAGR of 4.2% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,359.6 million |
| Market revenue in 2030 | USD 3,150.0 million |
| Growth rate | 4.2% (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, North America region accounted for 13.8% 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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North America 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 53.52% in 2023. Horizon Databook has segmented the North America amines market based on ethanolamines, fatty amines, alkylamines covering the revenue growth of each sub-segment from 2018 to 2030.
Amines are used as corrosion inhibitors in petroleum industry, construction industry and chemicalmanufacturing industry and in engineering tools manufacture. In pharmaceutical industry, they are used in antibiotics, CNS drugs, antithelmintics, antifungals and neoplastic chemotherapy.
Furthermore, amines are also employed in cosmetics and toiletries industries to manufacture fabric softeners, personal-care products, textile manufacturing, gas treatment and dishwater detergents. In addition.
They are employed as color reprography, dyes and in agrochemicals. U.S. dominated the North America Amines market, accounting for over 80% of the total volume in 2015. The market for the amines is growing considerably in the small emerging countries in this region.
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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 continent-level data and insights on the North America amines market , including forecasts for subscribers. This continent databook contains high-level insights into North America amines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America amines market size, by country, 2018-2030 (US$M)
North America Amines Market Outlook Share, 2023 & 2030 (US$M)
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