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Tuesday May 05, 2015
Tuesday May 05, 2015
Global amines market is expected to reach USD 14.07 billion by 2020, according to a new study by Grand View Research, Inc. Growing application scope in paints & coatings, personal care products, crop protection, surfactants and water treatment is expected to play an important role in driving market growth over the next six years. Governments of China, India and Middle East have increased their expenditure on infrastructure improvement, which is expected to have a positive impact on amines demand in surfactant.
Ethanolamines were the largest product segment, accounting for more than 50% of market volume in 2013. Increased use of ethanolamine as a cleaning agent and corrosion inhibitor is expected to drive market growth in the near future. Fatty amines are expected to be the fastest growing product segment, growing at a CAGR of 3.7% from 2014 to 2020. Personal care products market growth is expected to drive fatty amines demand over the next six years.
To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/amines-industry
For More Information visit - http://www.grandviewresearch.com/
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