Fatty Amines Global Market Report 2024

The fatty amines market size has grown strongly in recent years. It will grow from $4.07 billion in 2023 to $4.45 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth observed in the historical period can be attributed to factors such as the demand for surfactants in cleaning products, growth in the agrochemical industry, applications in water treatment, involvement in paper and pulp processing, use in personal care products, and applications in the oil and gas processing sector.

The fatty amines market size is expected to see strong growth in the next few years. It will grow to $6.39 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The anticipated growth in the forecast period can be attributed to factors such as the expansion of the specialty chemicals sector, an increased focus on water treatment, the adoption of bio-based and sustainable alternatives, a rising demand for bio-based herbicides, and increased activity in oil and gas exploration. Major trends expected in the forecast period include technological advancements in formulations, a surge in demand for agrochemicals, a focus on bio-based fatty amines, expansion in personal care products, and a rising demand for textile chemicals.

The anticipated increase in demand for agrochemicals is expected to drive the growth of the fatty amines market in the future. Agrochemicals comprise a broad category of chemical products designed for use in agriculture to enhance crop production and protect plants from pests, diseases, and weeds. Fatty amines play a significant role in the agrochemical industry, contributing to their widespread use. They enhance the performance and efficiency of various agricultural products by reducing surface tension, ensuring formulation stability, serving as adjuvants to improve soil penetration, enhancing crop protection, promoting rainfastness, and reducing spray drift during pesticide application. For instance, in May 2023, according to Eurostat, an EU-based statistical office, the European Union saw the sale of 355,175 tons of pesticides in 2021, representing a modest increase of 2.7%. This data underscores the growing demand for agrochemicals. Therefore, the increasing need for agrochemicals is identified as a key driver propelling the growth of the fatty amines market.

The anticipated rise in demand for personal care products is expected to drive the growth of the fatty amines market in the future. Personal care products encompass a wide range of items that individuals use for personal grooming, hygiene, and beautification purposes. Fatty amines play a crucial role in personal care products as surfactants, effectively lowering the surface tension between water and oil, facilitating their efficient mixing. For instance, in September 2023, according to the Bureau of Labor Statistics, a U.S.-based government agency, the average consumer expenditure on personal care products increased by 12.3 percent, reaching $866 in 2022, up from $771 in 2021. This data highlights the growing demand for personal care products. Consequently, the increasing consumer interest in personal care products is identified as a key factor propelling the growth of the fatty amines market.

The fatty amines market is undergoing significant transformation through the development of novel applications and technological innovation. Technological advancements and the creation of new applications play a pivotal role in driving demand across various industries, including fabric conditioning, paint and coatings, detergents, and mining. As an example, in November 2021, a research article published by the European Federation for Medicinal Chemistry (EFMC), a Belgium-based non-profit organization representing European medicinal chemistry societies, highlighted a breakthrough in the direct synthesis of multiple medium and long-chain primary fatty amines in one pot. Researchers achieved this synthesis with analytical yields as high as 97% by employing a combination of a lipase, a carboxylic acid reductase (CAR), and a transaminase (TA). This innovative synthesis method allows for the production of primary fatty amines directly from renewable triglycerides and oils. As part of this research, a preparative reaction on a 75 mL scale for trilaurin was conducted, resulting in an isolated yield of 73% for the corresponding amine. Such advancements demonstrate the potential for sustainable and efficient production methods within the fatty amines market, further highlighting the impact of technological innovation on the industry.

Major companies in the fatty amines market are actively engaging in partnerships to develop new products and strengthen their positions within the market. Collaborations and partnerships in the fatty amines market play a crucial role in fostering innovation, leveraging complementary expertise, and expediting the development and commercialization of advanced products by combining resources and capabilities. As an illustration, in November 2021, ChemSynergy GmbH, a Germany-based supplier of oleochemicals and derivatives, entered into a partnership with Kao Chemicals Europe S.L., a Europe-based chemical and cosmetics company. This collaboration aims to utilize ChemSynergy's manufacturing, research, and development capabilities in the oleochemical industry to solidify its position in the market. The partnership with KAO Chemicals Europe, a prominent producer in the personal care, health, and hygiene sectors, aligns with ChemSynergy's mission to deliver high-quality, client-focused chemical specialties. Within this partnership, ChemSynergy GmbH has taken on the responsibility for KAO Chemicals Europe's oleochemical distribution and filling business, focusing on tertiary amines and fatty alcohols. This strategic collaboration exemplifies the industry's trend toward partnership initiatives to enhance capabilities and offerings in the fatty amines market.

In October 2021, Verdant Specialty Solutions, a U.S.-based chemicals company, completed the acquisition of Baze Chemical for an undisclosed amount. This strategic move provides Verdant with access to specialized ethoxylation capacity in the Gulf Coast region. By acquiring Baze Chemical, Verdant Specialty Solutions, known for offering over 375 surfactants and specialty solutions, expands its portfolio to include a broader range of chemistries and market sector expertise. The acquisition of Baze Chemical represents Verdant's second add-on investment in six months, following its corporate carve-out from Solvay. Baze Chemical, the acquired company, is a U.S.-based ethoxylate specialty chemical company.

Major companies operating in the fatty amines market report are BASF SE, Evonik Industries AG, Zhejiang Xinhua Chemical Co. Ltd., Solvay S.A, DuPont, Arkema SA, AkzoNobel NV, Kao Corporation, KLK OLEO, Huntsman Corporation, Albemarle Corporation, Oxiteno, Lonza Group Ltd., Nouryon, Clariant AG, Sigma-Aldrich Corporation, Ashland Global Holdings Inc., Croda International plc, India Glycols Limited, Ecogreen Oleochemicals GmbH, Temix Oleo Srl, Indo Amines Limited, Procter & Gamble Chemicals Company, Global Amines Company Pty. Ltd., Volant Chem Corp., Qida Chemical Co. Limited, ERCA SPA, Shandong Haili Chemical Industry Co. Ltd., Gujarat Fluorochemicals Limited, Nippon Shokubai Co. Ltd.

Asia-Pacific was the largest region in the fatty amines market in 2023. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the fatty amines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fatty amines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary product types of fatty amines encompass primary fatty amines, secondary fatty amines, and tertiary fatty amines. Primary fatty amines serve various purposes as cationic surfactants, finding applications in textile softeners, dyeing aids, anti-static agents, pigment aids, bactericides, and germicides. They are also utilized as corrosion inhibitors, amphoteric surfactants (commonly in shampoos and detergents), asphalt emulsifiers, anticaking agents for fertilizers, releasing agents for molded rubber parts, fuel additives, and sludge inhibitors. Fatty amines perform diverse functions, including emulsification, flotation, anti-caking, dispersion, corrosion inhibition, and they serve as chemical intermediates. These versatile fatty amines are extensively used across various industries such as agrochemicals, oilfield chemicals, asphalt additives, water treatment, chemical synthesis, personal care products, and household applications. Their wide range of applications highlights the importance of fatty amines in different sectors.

The fatty amines market research report is one of a series of new reports that provides fatty amines market statistics, including fatty amines industry global market size, regional shares, competitors with a fatty amines market share, detailed fatty amines market segments, market trends and opportunities, and any further data you may need to thrive in the fatty amines industry. This fatty amines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fatty amines market consists of sales of fatty amines that are used in agrochemicals and personal care products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.


The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.