U.S. Amines Market Size & Outlook, 2023-2030
U.S. amines market, 2018-2030 (US$M)
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U.S. amines market highlights
- The U.S. amines market generated a revenue of USD 1,981.8 million in 2023 and is expected to reach USD 2,674.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.4% 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 1,981.8 million |
| Market revenue in 2030 | USD 2,674.3 million |
| Growth rate | 4.4% (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, U.S. accounted for 11.6% 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 Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 54.67% in 2023. Horizon Databook has segmented the U.S. amines market based on ethanolamines, fatty amines, alkylamines covering the revenue growth of each sub-segment from 2018 to 2030.
U.S. amines demand is expected to be moderate over the next eight years. Good growth opportunities are expected to exist in various application segments including water treatment as well as the personal care market.
Growth in these industries is expected to have a positive impact on the amines demand over the next eight years. Furthermore, rising demand for detergents, personal care products as well as cleaning products and crop protection chemicals will fuel amine demand over the forecast period.
The export market is highly important for U.A. amine manufacturers as industry participants aim to expand into other markets despite the relative maturity of U.S. end-use segments.
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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 country-level data and insights on the U.S. amines market , including forecasts for subscribers. This country databook contains high-level insights into U.S. amines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. amines market size, by product, 2018-2030 (US$M)
U.S. Amines Market Outlook Share, 2023 & 2030 (US$M)
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