The Asia-Pacific to Significantly Contribute to the Expansion of the Tert Butylamine Industry
Geographically, the Asia-Pacific is expected to account for a significant share in the industry over the forecast period. The market growth in the region can be attributed to the increasing demand for tert butylamine in the rubber industry. Within the rubber industry, the most common use of tert butylamine is in the production of tyres, which are further utilised in the automotive sector. The growing demand for light vehicles in emerging regions like China and India is estimated to fuel the demand for rubber.This, in turn, is likely to drive the industry growth in the region. Moreover, as tert butylamine is used in the preparation of various drugs and chemical intermediates, the sharp growth of the pharmaceutical sector amidst the COVID-19 pandemic is expected to positively influence the regional industry growth. Meanwhile, the growing demand for environment-friendly compounds in Europe and North America is expected to boost the sales of the product in these regions.
Tert Butylamine Industry Segmentation
Tert butylamine or tertiary butyl amine, an organic chemical compound, is one of the four isomeric amines of butane. This aliphatic amine is a colourless liquid with amine-like odour. It is represented by the formula (CH3)3CNH2. It finds applications in various sectors like rubber, agrochemicals, pharmaceuticals, and chemical intermediates. It is widely used as an accelerator in the rubber industry to improve the rate of vulcanisation. Industrially, it is obtained by reacting isobutene with hydrogen cyanide under acidic conditions.Based on application, the industry can be segmented into:
- Pharmaceuticals
- Pesticides/Insecticides
- Rubber Processing
- Gas Purification Agent
- Dyes
- Others
The regional markets for the product include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Growing Demand from Various Application Sectors to Boost the Demand for Tert Butylamine
The expanding applications of tert butylamine are driving the demand for the product across various industries. Tert butylamine is used in the synthesis of pharmaceutical products, particularly antihypertensive and Terbutalin drugs. Being an environment-friendly organic compound, it has become a preferred choice for use among the manufacturers of organic compounds, such as, dyes, rubber additives, and pesticides, thus, serving as an essential raw material. In the rubber industry, the primary application of tert butylamine is in the production of accelerator compounds, which help improve vulcanisation rate of rubber. An increase in demand for rubber products is further driving the demand for additives such as stabilizers, accelerators, and flame retardants, thus, propelling the market forward. Tert butylamine also finds application in the agrochemical industry to produce pesticides like Terbutryn and Terbacil, among others. The growing adoption of modern farming techniques and increasing investments to strengthen the agricultural sector are driving the demand for pesticides, which in turn, is boosting the sales of tert butylamine globally.Key Industry Players in the Global Tert Butylamine Market
The report gives a detailed analysis of the following key players in the global tert butylamine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- BASF SE
- Zibo Luhua Hongjin New Material Co., Ltd.
- Leisha Pharma Solutions Pvt. Ltd.
- Others
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Companies Mentioned
The key companies featured in this Tert Butylamine market report include:- BASF SE
- Zibo Luhua Hongjin New Material Co., Ltd.
- Leisha Pharma Solutions Pvt. Ltd.