Amine Oxides Market

Amine Oxides Market Outlook (2022-2032)

The global amine oxides market is valued at US$ 320.2 million in 2022 and is predicted to expand at a CAGR of 4.4% to reach a market size of US$ 494.8 million by the end of 2032.

Sales of amine oxides accounted for around 3.5% share of the global amines market at the end of 2021.

Report Attributes	Details
Amine Oxides Market Size (2021A)	US$ 308.2 Million
Estimated Market Value (2022E)	US$ 320.2 Million
Forecasted Market Value (2032F)	US$ 494.8 Million
Global Market Growth Rate (2022-2032)	4.4% CAGR
North America Market Share (2021)	~33.4%
East Asia Market Growth Rate (2022-2032)	~3.8% CAGR
United States Market Growth Rate (2022-2032)	~3.1% CAGR
Market Share of Top 5 Companies	~53.4%
Key Companies Profiled	Stepan Company AkzoNobel N.V. The Lubrizol Corporation Solvay Huntsman Corporation Clariant Corporation Innovo Chemicals American Elements PrathamStarchem Pvt. Ltd. GFS Chemicals The Dow Chemical Company HangzhouWenjian Calcium Industry Co., Ltd CAO Industries Omya UK Chemicals

Sales Analysis of Amine Oxides (2017-2021) Vs. Market Estimations (2022-2032)

Amine oxides are amphoteric surfactants that are majorly used with other surfactants, which can either be cationic, non-ionic, or anionic, depending on the pH of the water. These oxides, being chemical compounds, are oxides of tertiary amines and are the analogous derivation of primary and secondary amines as well. They have polarity close to quaternary ammonium salts as they have high polar molecules.

Amine oxides are used in several end-use industries such as agricultural adjuvants, oilfield chemicals, personal and home care, etc. Attributed to the augmenting demand for amine oxides in end-use industries, the global offers a plethora of opportunities for manufacturers.

• Short Term (2022 Q2 to 2025): Properties of amine oxides, such as being versatile, along with their usage at high temperature and pressure, to support short-term demand growth.
• Medium Term (2025-2028): Rise in demand for surfactants in several end-use industries - personal care, oil field chemicals, and agricultural adjuvants - to fuel short-term market growth.
• Long Term (2028-2032): Innovation and development trends in the global amine oxides market to fuel long-term market expansion.

Over the historical period of 2017 to 2021, the global amine oxides market registered a CAGR of 2.9%, and according to Fact.MR, a market research and competitive intelligence provider, the market is projected to expand at 4.4% CAGR from 2022 to 2032.

Market share analysis of amine oxides based on application and region. Under the application segment, flower amine oxides currently dominate with 45.6% market share.

Why is Demand for Amine Oxides Set to Rise Steadily across Regions?

“Rising Application of Amine Oxides across Industries”

Rise in the demand for mild surfactants in the personal care industry is set to support global market growth. Personal care products that contain amine oxides offer enhanced performance at high temperatures and are widely used in home cleaning products.

Amine oxides are surface-active agents used as emollients, thickeners, conditioners, stabilizers, etc. These are used to change the surface tension of water, which helps increase wetting surfaces, foaming, emulsifying, cleaning, etc. Rise in the demand for home cleaning products is expected to augment overall market growth.

Attributed to the versatility of amine oxide to be able to work under varying temperatures and pressures, they are finding a strong foothold in oil field chemicals and agricultural adjuvants. Therefore, a rise in the usage of amine oxides in several applications will support market growth throughout the forecast years of 2022-2032.

“Demand for Green Bleach Alternatives Rising Steadily”

Although amine oxides present many benefits, the use of green alternatives and the destructive effects of chlorine bleach are likely to create challenges for market players.

One of the foremost downsides of chlorine bleach cleaners is listed to be the irritating mist produced with cleaners, which is delivered from trigger sprayers. Furthermore, chlorine bleach can lead to harmful impacts on the eyes, lungs, and skin. According to the research, it is also summarized that human tissues are externally or internally burnt. Baking soda, which is a green bleach alternative, is therefore preferred instead of chlorine bleach.

As such, the damaging effects of chlorine bleach, coupled with the escalating usage of green bleach alternatives, are expected to support the growth of the amine oxides market over the coming years.

Country-wise Insights

Why is the United States Amine Oxide Market So Prominent?

The United States amine oxides market holds 86.7% share in the North American market and is projected to expand at a CAGR of 3.1% during the assessment period of 2022-2032.

The U.S. is one of the most prominent consumers of amine oxides owing to it being one of the essential chemicals used in home cleaning products. The United States is one of the largest manufacturers of amine oxides, followed by Europe. Also, rise in the usage of amine oxides in the pharmaceutical industry is propelling market growth in the country.

Will Germany Be a Lucrative Market for Amine Oxide Suppliers?

Germany’s amine oxides market holds 32.1% share in the European market and is expected to rise at the rate of 3.2% throughout the assessment period.

Amine oxides are widely used in consumer products such as hard surface cleaners, conditioners, detergents, shampoos, etc. With the personal care industry in Germany witnessing significant growth, it will be the largest revenue generator in the European market.

In addition, ECHA has laid down strict rules and regulations for allowing the usage of amine oxides in the production of household products. Demand for amine oxide will increase potentially on the back of innovation and product launches in the personal care industry, along with changing consumer behavior.

Category-wise Insights

Which Type of Amine Oxide is Majorly Preferred by Consumers?

The global market, under type, is segmented into alkyl dimethyl amine oxide, 1-dodecanamine, 1-tetradecanamine, decanamine, hexadecanamine, octodecanamine, and others.

Amongst these, alkyl dimethyl amine oxide holds the largest market share of 34.7% and is set to evolve at the rate of 3.6% during the forecast years of 2022-2032.

The factor attributed to the growth of this segment is the use of alkyl dimethyl amine oxide as one of the most commercially used amine oxides in consumer products such as conditioners, shampoos, surface cleaners, detergents, etc. The escalated usage of these in home cleaning products, emollients, emulsifiers, stabilizers, etc., is expected to support segment market growth over the coming years.

Why are Amine Oxides Widely Used in Consumer Products?

The global market under application segment is segmented into consumer products, agrochemical production, coatings production, industrial chemicals, and other applications.

Amongst them, consumer products hold a major share of 45.6% in the global market. The segment is predicted to expand at 3.4% CAGR across the assessment period of 2022-2032.

Segment dominance is attributed to the greater usage of amine oxides in consumer products such as thickeners, emollients, emulsifiers, etc. Demand for consumer products such as detergents, shampoos, conditioners, etc., will keep rising over the coming years, which will greatly support segment growth.

Competitive Landscape

Prominent amine oxide manufacturers are Stepan Company, AkzoNobel N.V., The Lubrizol Corporation, Solvay, Huntsman Corporation, Clariant Corporation, Innovo Chemicals, American Elements, PrathamStarchem Pvt. Ltd., GFS Chemicals, The Dow Chemical Company, HangzhouWenjian Calcium Industry Co., Ltd, CAO Industries, and Omya UK Chemicals.

These amine oxide manufacturers are opting for acquisitions as part of their core strategy, which is being done to diversify into other business domains to reduce market risks. In addition, having expertise in product innovation is being promoted by market players, which is the backbone of the global market strategy of amine oxide manufacturers.

• Stepan Company 2020 launched Ammonyx LO, a lauramine oxide application, finding greater application as viscosity builders, foam enhancers, lubricants, and emulsifiers in end-use industries of personal care, HI&I, etc.
• Air Products in 2021 completed the acquisition of the remaining 50% stake in a joint venture in gasification technology with Shenhua Coal Liquid & Chemical Co. Ltd. of China. The company is a subsidiary of the China Energy Group.

Fact.MR has provided detailed information about the price points of key manufacturers of amine oxides positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Amine Oxides Industry Research

• By Type :

  • Alkyl Dimethyl Amine Oxide
  • 1-Dodecanamine
  • 1-Tetradecanamine
  • Decanamine
  • Hexadecanamine
  • Octodecanamine
  • Others

• By Application :

  • Consumer Products
    • Shampoos
    • Conditioners
    • Detergents
    • Others
  • Agrochemicals Production
    • Herbicide Spray Drift
    • Agriculture Adjuvants
    • Others
  • Coatings Production
  • Industrial Chemicals
    • Chemical Intermediates
    • Oilfield Chemicals
    • Others
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA