Tertiary Amines Market Size, Share, Growth Report 2032

Industry Prospective:

The global tertiary amines market size was worth around USD 4.65 Billion in 2022 and is predicted to grow to around USD 7.5 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 6.12% between 2023 and 2030.

The report analyzes the global tertiary amines market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the tertiary amines industry.

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Tertiary Amines Market: Overview

Tertiary amines are organic compounds that consist of a nitrogen atom along with three organic substituents. These compounds have wide-scale applications in some of the fastest-growing sectors such as pharmaceuticals, personal care, and agriculture, among others. The tertiary amines industry refers to the production and distribution of tertiary amines that have applications like curing agents, surfactants, and catalysts. With the growing demand in the end-user verticals, the market for tertiary amines is expected to surge in the coming years. However, the industry players could come across several challenges and restrictions. Tertiary amines are produced by using one of several methods such as reductive animation, alkylation, coupling reactions, and many more.

Key Insights: 

• As per the analysis shared by our research analyst, the global tertiary amines market is estimated to grow annually at a CAGR of around 6.12% over the forecast period (2023-2030)
• In terms of revenue, the global tertiary amines market size was valued at around USD 4.65 billion in 2022 and is projected to reach USD 7.5 billion, by 2030.
• The tertiary amines market is projected to grow at a significant rate due to the growing demand in the personal care sector
• Based on product segmentation, C-14 TA was predicted to show maximum market share in the year 2022
• Based on end-user segmentation, personal care was the leading user in 2022
• On the basis of region, North America was the leading revenue generator in 2022

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Tertiary Amines Market: Growth Drivers

Growing demand in the personal care sector to propel market growth

The global tertiary amines market is projected to grow owing to the increasing demand for organic compounds in the personal care sector where they are extensive. The higher demand is driven by the compound’s ability to act as a surfactant, emulsifier, and pH adjuster making it a highly desirable product in the industry. Many personal care companies use tertiary amines as emulsifiers by incorporating them in products like lotions, creams, and other products. In these items, the compound assists in mixing oil-based ingredients and water thus creating a smooth texture. Furthermore, tertiary amines act as excellent antibacterial agents and can be used in the production of antiperspirants or deodorants.

Tertiary Amines Market: Restraints

Constantly changing prices of raw materials to restrict the market growth

The global tertiary amines industry may face growth restrictions owing to the constantly fluctuating prices of the raw materials used in the production of tertiary amines. Some of the resources include products such as olefins, ammonia, and hydrogen. All of these raw materials are highly sensitive to several geographical or political issues such as the trade relations between partner countries and associates. Furthermore, weather conditions can also affect the availability of these materials. The high research & development cost could act as a barrier since the production of new tertiary amines-based products requires heavy investments.

Tertiary Amines Market: Opportunities

Increasing demand for bio-based products to provide multiple growth opportunities

The growing demand for bio-based products could create more opportunities for further expansion of the global tertiary amines market during the forecast period. Bio-based products are made of naturally occurring biological resources. These products are designed to have minimum or no impact on the environment and hence promote sustainable growth. With the rising emphasis on sustainability, the demand for bio-based tertiary amines could create higher revenue. This version of the compound is created using biological resources such as vegetable oils, animal fats, and other bio-based feedstocks.

Tertiary Amines Market: Challenges

Limited availability of raw materials to produce bio-based tertiary amines to challenge market growth

One of the key segments that greatly impacts the production of bio-based tertiary amines is the limited availability of raw materials required to produce them. Bio-based feedstock such as vegetable oils and animal fats may not be available in desired quantities and hence this may restrict the tertiary amines industry players from experimenting with the production and distribution of eco-friendly tertiary amines. Factors such as climate conditions, land use competition, and inconsistent quality are the main reasons for the lack of a sufficient supply of bio-based feedstock.

Tertiary Amines Market: Segmentation

The global tertiary amines market is segmented based on end-user, application, product, and region,

Based on end-user, the global market segments are agricultural chemicals, water treatment, cleaning products, pharmaceuticals, textiles & fibers, petroleum industry, personal care, and others. In 2022, the industry witnessed the highest growth in the personal care segment since the sector is one of the largest consumers of tertiary amines. It is used in a wide range of products including skincare and hair care. With the rise in population and the growing expenditure, both by male and female sections of society, on personal grooming, the demand for personal care has reached new heights in recent times. Furthermore, the businesses operating in the sector have amped up the speed of new product launches due to the growing competition in the market. In 2020, L’Oreal’s revenue was about USD 35 billion.

Based on application, the global tertiary amines industry segments are biocides, surfactants, corrosion inhibitors, floatation agents, drilling material, and others.

Based on product, the global market is segmented into C-16 TA, C-14 TA, C-12 TA, C-10 TA, C-8TA, and others. During the forecast period, the C-14 TA segment is expected to continue its dominance as it has in previous years. It is a quaternary ammonium compound and is widely used as an emulsifying agent or as a surfactant in a range of applications such as detergents, fabric softeners, hair conditioners, and cosmetics.

The popularity of the compound is mainly due to its excellent surface-active properties which assist in reducing surface tension thus allowing better solubility in water. However, the segmental growth may face roadblocks due to the growing environmental concerns over the excessive use of C-14 TA. It may grow at a CAGR of more than 6%.

Recent Developments:

• In May 2022, Kao Corporation, a Japan-based chemical and cosmetics company, announced the completion of its new tertiary amine production plant in the Pasadena region of Texas, USA. The company plans to tackle the growing demand for cleaning and sterilizing applications of the compound with this facility along with other industrial applications
• In April 2022, a research team at the University of Illinois announced the discovery of a new reaction that can be used to produce tertiary amines. These specially-created molecules are expected to have large-scale medical applications

Tertiary Amines Market: Report Scope

Tertiary Amines Market: Regional Analysis

North America to register the highest growth

The global tertiary amines market is projected to register the highest growth in North America owing to the extensive demand for the compound in several end-user verticals such as drilling activities, medicinal applications, and personal care amongst many others. The US may emerge as the largest revenue generator during the forecast period as many companies in this region have increased their respective investment toward either building new production facilities or expanding the capacity of the existing ones.

In addition to this, the rising revenue in the personal care sector could lead to a higher growth rate. Moreover, the extensive oil drilling activities have led to an increase in demand for tertiary amines. As per official reports, North America is home to more than 5500 oil wells and the region is investing heavy resources, including monetary and non-monetary, in further exploring its oil sector to meet the growing demand of commercial and residential consumers.

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Tertiary Amines Market: Competitive Analysis

The global tertiary amines market is led by players like:

• Lonza Group
• Eastman Chemical Company
• Global Amines Company Pte. Ltd.
• Huntsman Corporation
• Air Products and Chemicals Inc.
• Kao Corporation
• Evonik Industries AG
• Albemarle Corporation
• Arkema S.A.
• Balaji Amines Ltd.
• Volant-Chem Corp.
• The Dow Chemical Company
• Sino-Japan Chemical Co. Ltd.
• Temix International SRL
• Solvay SA
• Indo Amines Ltd.
• Alkyl Amines Chemicals Ltd.
• Clariant AG
• Penta Manufacturing Company
• Mitsubishi Gas Chemical Company Inc.
• Toho Chemical Industry Co. Ltd.
• WeylChem Group of Companies
• BASF SE
• Jiahua Chemicals Inc.
• SACHEM Inc.

The global tertiary amines market is segmented as follows:

By End-User

• Agricultural Chemicals
• Water Treatment
• Cleaning Products
• Pharmaceuticals
• Textiles & Fibers
• Petroleum Industry
• Personal Care
• Others

By Application

• Biocides
• Surfactants
• Corrosion Inhibitors
• Floatation Agents
• Drilling Materials
• Others

By Product

• C-16 TA
• C-14 TA
• C-12 TA
• C-10 TA
• C-8 TA
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa