The Tallow Amine Market is expected to register a CAGR of 4% during the forecast period. The market share of tallow amine is estimated at US$ 9.3 billion in 2022 and is projected to reach US$ 13.77 billion by 2032. Moreover, the demand for tallow amine is increasing due to the fact that tallow amine is used as fuel and lubricant, dyes and pigments.
Tallow amines represents the wide range of non-ionic surfactants derived from animal fats i.e. tallow. Tallow is a hard fat is comprised of glyceryl esters of oleic, palmitic, and stearic acids. Tallow amines are hydrophilic surfactants with a weak ammonia smell.
Tallow amines are immiscible in water, and are easily dissolved in alcohols, chloroforms, benzene, and ethers. Animal fats are hydrolyzed to give mixture of fatty acids mainly comprised of palmitic, oleic, linoleic and myristic. These fatty acids are converted into amines by nitrile process.
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Tallow amine is finding various applications in numerous industries. Tallow amines are widely used as cationic collector in mining industry, as an emulsifier and wetting agent in agrochemicals formulation. Tallow amines are also used as additives in fuel and lubricants.
They are used as an additives in fuel & lubricants as well as dyes & pigments. Tallow amines are also used as corrosion inhibitors and thickeners for many industrial applications. Tallow amines are also finding its application is soaps formulation and leather dressing. In certain regions and countries such as France, there are regulations and bans being imposed on the tallow amine due to the uncertain health risks.
Tallow Amine Market: Dynamics
Changing farming techniques and advancement of the farming technology has reshaped the agriculture industry. Rapidly growing population has fueled the agricultural production across the world. Advancement of technology and agriculture science there is rise in the adoption of agrochemicals.
The up surging demand for high productivity or high agricultural yield is boosting the demand for agrochemicals, rising demand for agrochemicals will drive the growth of tallow amine market.
In this rapidly growing modern industrial there is substantial advancement in the technology and industrial activities. Advancement of technology is boosting the demand for efficient fuels and lubricants, growing demand for fuel and lubricants will positively influence the tallow amines market.
Rising urban population and increasing GDP growth has increased the construction activities and infrastructure spending, Increasing demand for asphalt boost the growth of tallow amine market. Growing Textile as well as Paints & Coatings industry will have a positive impact on the tallow amine market.
Rapid industrialization across the globe is increasing the mining and exploration activities around the world, growth of mining industry will fuel the demand for tallow amine. Increasing number of regulations and imposition of ban on certain types of tallow amine in certain regions will hamper the growth of tallow amine market.\
Tallow Amine Market: Key Participants
Examples of some of the market participants operating in the global Tallow Amine market are:
Kao Chemicals, Oriental Union Chemical Corporation, SINO-JAPAN CHEMICAL CO.,LTD.,JiangYin HuaYuan Chemical Co.,Ltd., Lantian Finechem, Shandong paini Chemical Co., Ltd., Shandong Kerui, Prasol Chemicals Pvt Ltd., and Huntsman International LLC among others.
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The Tallow amine market research report presents a comprehensive assessment of the Tallow amine market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The Tallow amine market research report provides analysis and information according to Tallow amine market segments such as geographies, application and industry.
Key Segments
By Grade:
- Reagent Grade
- Industrial Grade
By Form:
- Solid
- Liquid
By Application:
- Emulsifier
- Cationic collector
- Additives
- Anti-caking agent
- Corrosion inhibitor
- Thickener
- Anti-static agent
By End-Use:
- Mining
- Fuel & Lubricants
- Construction
- Dyes & Pigments
- Agrochemicals
- Others
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Tallow Amine Market: Regional Outlook
Agrochemicals and dyes & pigment production activities are growing in the Asia Pacific region. Also, in Asia Pacific there is significant rise in construction activities and infrastructural development, especially in the developing countries such as China & India.
Rising mining activities coupled with above factors is estimated to make Asia Pacific a prominent market region for tallow amine market. Despite being the matured market Europe and North America can be considered as potential market regions owing to increasing demand for fuel & lubricants, dyes & pigments and rising construction activities.
The regions of Africa are very rich in terms of natural resources reserves and there are several countries in Africa which have untapped natural resource reserves, owing to which there is substantial number of mining activities ongoing in Africa, also there is rise in the number of agrochemical industry in the regions such as Middle East and Africa, owing to which Middle East and Africa can be considered as promising market for tallow amine.
Explore FMI’s Extensive ongoing Coverage on Chemicals & Materials Domain
Amines Market: The global amines market is projected to witness significant growth during the assessment period, starting from 2021 to 2031.
Amino Acids Market: The amino acid market is anticipated to have a moderate CAGR of 7.4% during the forecast period of 2022-2032. According to FMI, the amino acid market is expected to grow from US$ 24.2 billion in 2021 to US$ 62.1 billion by 2032.
Amino Resin Market: The global amino resin market is expected to reach US$ 19.3 billion by 2032, with a significant CAGR of 6.1% during the forecast period. Currently, the market is expanding at a size of US$ 10.75 billion.
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