Portland, OR, Nov. 21, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global tertiary amines market was estimated at $4.3 billion in 2021 and is expected to hit $5.6 billion by 2031, registering a CAGR of 2.8% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
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Report Coverage & Details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $4.3 Billion |
| Market Size in 2031 | $5.6 Billion |
| CAGR | 2.8% |
| No. of Pages in Report | 368 |
| Segments Covered | Product Type, Application, End-use, and Region. |
| Drivers | Rising demand from the cosmetics and personal care industry |
| Restraints | Toxic nature of tertiary amines |
| Opportunities | Increase in water treatment activities |
Covid-19 Scenario-
- The outbreak of the pandemic increased the demand for cleaning products & disinfectants which augmented the utilization of tertiary amines in industrial, household, and institutional cleaners.
- This drift is likely to continue even when the pandemic is gone.
The global tertiary amines market is analyzed across product type, application, end use, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
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By type, the C-14 TA segment held more than one-fourth of the global tertiary amines market revenue in 2021, and is expected to dominate by 2031. The C-12 TA segment, on the other hand, would manifest the fastest CAGR of 3.1% throughout the forecast period.
By application, the surfactants segment garnered more than two-fifths of the total tertiary amines market share in 2021, and is expected to dominate by 2031. The others segment, simultaneosuly, would project the fastest CAGR of 2.9% throughout the forecast period.
By end-use, the cosmetics and personal care segment held nearly one-third of the global tertiary amines market revenue in 2021, and is expected to dominate by 2031. The pharmaceuticals segment, however, would cite the fastest CAGR of 3.0% throughout the forecast period.
Based on region, the market across Asia-Pacific generated nearly three-fifths of the global tertiary amines market share in 2021, and is anticipated to retain the lion’s share by 2031. The same region would manifest the fastest CAGR of 3.2% during the forecast period. The other provinces analyzed through the report include LAMEA, Europe, and North America.
The key market players analyzed in the global tertiary amines market report include Solvay, Arkema, BASF SE, DuPont de Nemours, Inc., Alkyl Amines Chemicals Limited, Hexion Inc., Huntsman International LLC, Albemarle Corporation, Kao Corporation, and Eastman Chemical Company.
These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance and developments by the top players.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
