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World demand to
rise nearly 4% annually through 2017Worldwide demand for amines will grow nearly four percent per year to 7.0 million metric tons in 2017, led by robust growth in China, as well as strong gains in the other developing economies of Asia, the Africa/Mideast region, and Central and South America. Markets such as cleaning and personal care products will be the primary beneficiaries of growth in these countries as the rising number of middle class consumers drive market expansion. However, the same impact will not be felt in pesticides, the largest market overall, as declining support for food-based biofuels in developed countries results in a moderation in pesticide amine demand growth. Amine industry’s demand in the developed countries of North America and Western Europe will rise at more modest — though below average — paces, reflecting the more mature nature of these markets.
Consumer markets to benefit from growing middle class
The expansion of the middle class, particularly in China, but also in the other developing countries of Asia, the Africa/ Mideast region, and Central and South America, will drive the expansion of a number of consumer-related markets in which amines are used. Cleaning and personal care products are the most important of these markets due to widespread usage of amines in surfactants that are incorporated into detergents, soaps, shampoos, and other cleaning products, as well as cleansers, creams, and lotions. Increasingly these consumers will also demand more advanced, higher quality products that make greater use of amines, further bolstering amine demand growth.
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Large
pesticides market to remain key amines outlet
Amine demand growth in pesticides, the largest
market, will moderate following a prolonged period of strong advances. The
expanded use of food-based biofuels was a strong contributor to pesticide amine
demand growth from 2002 to 2012 as farmers in the Americas rapidly expanded the
production of pesticide-resistant crops in an effort to boost yields and
satisfy the increased biofuel crop demand. However, this application has
largely matured, restraining future increases in pesticideresistant crop
output. Despite the more modest prospects for pesticide amine demand going
forward, growth will continue to be supported by the modernization of
agricultural practices and capabilities in developing regions as countries
strive to boost food production to meet the rising demand of their increasingly
affluent populaces. Rising incidences of pesticide-resistant weeds will also
support demand as farmers increase application rates in an effort to control
weed growth and maintain yields.
Alkylamines,
specialty amines to grow the fastest
Based on versatility, relatively low cost, and
widespread use in each of the major markets, ethanolamines will continue to be
the largest amine product type, though advances will be restrained by faster
growth in alkylamine demand in the pesticide market. Along with alkylamines,
specialty amines will rise at an above average pace. Specialty amine demand
will benefit from increasing demand for new, more effective amine products in
the developed countries of Japan, North America, and Western Europe, especially
in markets such as plastics, lubricants, and personal care products. Fatty
amines and ethyleneamines will both experience healthy growth reflecting their
use in the large cleaning and personal care products markets.
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Read more on “World Amines to
2017”report below.
Company Profiles
Profiles
for 15 industry participants worldwide such as Akzo Nobel, BASF, Dow Chemical,
Huntsman and Taminco
Additional Information
This
study examines the world market for amines by product type (ethanolamines,
alkylamines, fatty amines, specialty amines, and ethyleneamines), and by market
(pesticides, cleaning products, personal care products, rubber, and other
markets). For the purposes of this study, aniline and other nitrogen compounds
not listed among the products specified above are excluded, although they are
sometimes considered amines. Also excluded from this study is
hexamethylenediamine for captive nylon production.
Historical
data for 2002, 2007, and 2012 and forecasts for 2017 and 2022 are provided in
metric tons. The term “demand” refers to global apparent consumption by volume.
At the country level, “demand” denotes production plus imports, less exports
and amines used in the manufacture of other amines (to avoid double counting).
Tabular details may not add to totals due to independent rounding. Ratios may
be rounded for the sake of clarity.
Table Of Contents
Introduction IX
I. Executive Summary 1
II. Market Environment
4
General 4
World Economic Overview 5
Recent Historical Trends 5
World Economic Outlook 7
World Manufacturing Outlook 10
World Demographic Outlook 12
World Cleaning Products Outlook 14
World Personal Care Product Outlook 16
World Rubber Outlook 18
Environmental & Regulatory Considerations 21
General 4
World Economic Overview 5
Recent Historical Trends 5
World Economic Outlook 7
World Manufacturing Outlook 10
World Demographic Outlook 12
World Cleaning Products Outlook 14
World Personal Care Product Outlook 16
World Rubber Outlook 18
Environmental & Regulatory Considerations 21
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