Amines Market is Expected to Witness a Sustainable Growth by 2019
In a recent market study publication by Transparency Market Research (TMR), “ Amines Market – Global Industry Size, Market Share, Trends, Analysis and Forecast, 2013 – 2019 ”, the global amines market is expected to observe expansion at 3.5% CAGR from 2013 to 2019. If the figures hold true, the market will have a valuation of US$13.45 billion in 2019 increasing from US$10.57 billion in 2012.TMR states, by volume, the market will display a CAGR of 3.1% between 2013 and 2019 and will reach 4,501.3 kilo tons by 2019. In 2012, the global amines market stood at 3,635.3 kilo tons by volume.Amines are chemical intermediaries that are used for formulations in areas such as agriculture, paints and coatings, surfactants, construction, among others which account as the major factors driving the global amines market. Use of amines in the chemicals sector for crop protection, in a recent development, is a vital growth factor for the market. coatings market, which is indirectly aidi...