Demand for Amines in Cleaning Products to Reach 1.6 Million Metric Tons in 2020

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Dec 13, 2016, 03:00 ET

CLEVELAND, Dec. 13, 2016 /PRNewswire/ -- Demand for amines used in cleaning products is expected to increase 4.4 percent per year to 1.6 million metric tons in 2020. Growth will be fueled by rising populations and per capita incomes in developing economies, especially in the Asia/Pacific region, where consumers with improved earning capacity are turning to higher-performance cleaning products that more often use amines in their formulation. Comparatively rapid gains in the developing countries of Asia will be offset somewhat by slow amine demand growth in North America, Western Europe, and Japan, as these areas will contend with slower economic growth and overall market maturity. These and other trends are presented in Global Amines Market, 3rd Edition, a new study from The Freedonia Group, a Cleveland-based industry research firm.

http://www.freedoniagroup.com/industry-study/global-amines-by-product-market-and-region-3rd-edition-3475.htm

In more developed nations, cleaning product markets will be influenced by a number of trends, including the need for milder and more environmentally compatible cleaning products. According to analyst Jason Carnovale, "Amphoteric surfactants will see increased use, which will benefit demand for amines." However, specialty amine-based surfactants are already used in many cleaning products in these markets, so the opportunities for additional market penetration will be limited. Because of overall slow growth in cleaning product demand in these countries, related amine demand growth will increase only modestly. This situation is different in emerging markets, where a greater share of cleaning products -- and to an extent, personal care products -- are based on lower value commodity surfactants.

Fatty amines see the greatest use among amine types in the cleaning products market. Fatty amines are intermediates used in the production of most types of amine surfactants, which in turn are used in a variety of detergents, general cleaners, and specialized cleaning products.

Related studies include:
#3448 Specialty Surfactants (August 2016)
http://www.freedoniagroup.com/industry-study/specialty-surfactants-3448.htm

#3434 World Rubber Processing Chemicals (July 2016)
http://www.freedoniagroup.com/industry-study/world-rubber-processing-chemicals-3434.htm

About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, market share information and profiles of the leading industry players. Reports can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.

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SOURCE The Freedonia Group