Amines broadly allude to the group of intermediates chemicals that are generated by responding ammonia with different ethylene and propylene subsidiaries. They are favoured for their properties as a reactive agent, emulsifier, detergent, solvent, and corrosion inhibitor.
The global demand for amines is increasing rapidly due to diversified uses in various applications ranging from industrial to personal use. Ethanolamines, alkylamines, fatty amines, specialty amines, and ethylene amines are the five important types of amines. Ethanolamine held the largest share in consumption, with the demand of alkylamines growing fast in other applications. The demand for amines is projected to grow due to their wide industrial usage and end-user demand from different applications because of the increased focus on applications such as personal care, cleaning solutions, others. Personal care is the largest segment to consume amines, which held 17% of the total amines market, followed by the cleaning solutions segment in 2012. The drivers of the industry are improving life style, growing population, need of clean and pure water, and so on.
Due to increase in consumption of amines in the Asia-Pacific region, new projects and environmental rules and regulations related to amines are taking place. The increasing purchasing power in developing countries; economic growth, potential projects supported by respective governments; and need for high performance products may add to the greater demand in the future. The Asia-Pacific region is the driving market, and China is the leading country in this region due to the increased demand from the allied industries and large population needs. The emerging economies such as India, Brazil, and Russia are further lined up for the improved growth in this market with healthier socioeconomic factors.
Taminco NV (Belgium), Huntsman Corporation (U.S.), Dow Chemicals (U.S.), Clariant (Switzerland), Air Products and Chemicals Inc (U.S.), AkzoNobel (the Netherlands), Alkyl Amines Chemicals Ltd (India), Arkema (France), BASF SE (Germany), Celanese Corporation (U.S.), Daicel Chemical Industries Ltd. (Japan), Dow Chemical (U.S.), and others are among the important manufacturers of amines.