Market Size of Amines Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 15.42 Billion |
Market Size (2029) | USD 19.45 Billion |
CAGR (2024 - 2029) | 4.75 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Amines Market Analysis
The Amines Market size is estimated at USD 15.42 billion in 2024, and is expected to reach USD 19.45 billion by 2029, growing at a CAGR of 4.75% during the forecast period (2024-2029).
Major factor driving the market studied is the accelerating demand for pesticides from developing countries.
- Increasing usage of bio-based products for agriculture in developed countries is expected to hinder the growth of the market studied.
- Increasing usage of genetically modified herbicide-tolerant seeds is likely to act as an opportunity in the future.