Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.65 Billion | USD 7.5 Billion | 6.12% | 2022 |
FrequentlyAsked Questions
Tertiary amines are organic compounds that consist of a nitrogen atom along with three organic substituents.
The tertiary amines market is projected to grow owing to the increasing demand for organic compounds in the personal care sector where they are extensive.
According to study, 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.
The CAGR value of the tertiary amines market is expected to be around 6.12% during 2023-2030.
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 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., and SACHEM Inc.
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