The global amines market size was estimated at USD 22.84 billion in 2023 and is projected to reach USD 30.74 billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030. Market growth is largely driven by the rising demand for surfactants across multiple industries, coupled with increased public awareness of health and food safety, which is boosting the need for products derived from amines.

Amines are organic derivatives of ammonia, and their key end-use industries include crop protection, surfactants, water treatment, personal care, and gas treatment applications. Among these, surfactant production represents a significant portion of amine consumption. Amines such as ethanolamine and fatty amines are extensively used in the manufacture of surfactants, which are essential for detergents, cleaning products, and other hygiene-related applications. The growing use of surfactants across various industries, driven by rising hygiene awareness and expanding detergent markets in regions like Asia Pacific, North America, and Europe, is expected to have a positive impact on the amines market during the forecast period.

Another prominent application of amines is in crop protection chemicals, where they enhance the uptake and absorption of active ingredients, thereby helping to control weed growth effectively. The benefits of amines in crop protection are significant, including compatibility with fertilizers, effective performance in hard water, and potential use in sustainable formulations such as turpentine-derived amines. The rapidly increasing global population, heightened awareness of food and health safety, declining arable land, and the growing need for improved crop yields are all expected to further drive the demand for amines in the agricultural sector over the forecast period.

Key Market Trends & Insights:

• The Asia Pacific amines market dominated the global industry in 2023, accounting for a revenue share of 45.6%. This regional leadership is driven by the rapid growth of key end-use industries such as crop protection, surfactants, and personal care, along with increasing industrialization, rising population, and growing awareness of health and food safety, which collectively fuel the demand for amines in the region.

• Among countries in the region, China is expected to register the highest CAGR from 2024 to 2030, reflecting strong industrial growth, increasing production capacities, and rising demand for amine-based products in both domestic and export markets.

• Based on product type, the ethanolamine segment dominated the global amines market, holding a revenue share of 52.2% in 2023. Ethanolamines are widely used in the production of surfactants, crop protection chemicals, and other industrial applications, making them the most significant contributor to market revenue.

• In terms of application, the surfactants segment led the market, accounting for a revenue share of 27.5% in 2023. The strong performance of this segment is driven by the growing use of detergents and cleaning products across industries, rising hygiene awareness among consumers, and the expanding demand for functional and eco-friendly surfactant formulations in key regions.

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Market Size & Forecast:

• 2023 Market Size: USD 22.84 Billion

• 2030 Projected Market Size: USD 30.74 Billion

• CAGR (2024-2030): 5.1%

• Asia Pacific: Largest market in 2023

Key Companies & Market Share Insights:

Some of the key players operating in the global amines market include BASF SE, The Dow Chemical Company, Arkema, Huntsman Corporation, and Solvay S.A. These established companies maintain a competitive edge over regional players by strategically integrating operations across the value chain, which ensures seamless supply chain management and helps in reducing production and operational costs.

In addition, leading manufacturers continuously focus on developing new amine products and innovative production technologies to meet the evolving demands of end-use industries such as surfactants, crop protection, water treatment, and personal care. Many of these companies also engage in backward integration, which allows them to procure raw materials internally, thereby lowering operational costs and improving supply reliability.

Notable manufacturers, including BASF SE, SABIC, Dow, INEOS Group, and LyondellBasell Industries Holdings B.V., are actively backward integrated across the amines value chain. This integration enables them to produce various raw materials in-house, strengthen control over production processes, and enhance overall market efficiency and competitiveness.

Key Players

• Arkema S.A.

• Akzo Nobel N.V.

• BASF SE

• SABIC

• The Dow Chemical Company

• Huntsman Corporation

• Mitsubishi Gas Chemical Company

• Taminco Corporation

• Celanese Corporation

• Solvay S.A.

• INEOS Group

• Lanxess Corporation

• LyondellBasell Industries Holdings B.V

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Conclusion:

The global amines market is expected to grow steadily over the forecast period, supported by strong demand from key applications such as surfactants and crop protection chemicals, driven by rising hygiene awareness and the need for improved agricultural productivity. Growth is further reinforced by ongoing industrial applications in water treatment, personal care, and gas treatment, while regional markets—especially in Asia Pacific—continue to lead due to expanding industrial activity and increased consumption of amine based products. Overall, technological developments, evolving product formulations, and broader adoption across end use sectors contribute to a positive outlook for the amines industry.