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Amine Oxide Market Forecast to Reach $564 Million by 2026
Increasing Demand for Amine Oxide As Thickeners in Paints and Coatings is Also Anticipated To Boost the Growth of the Amine Oxide Market.

BriefingWire.com, 3/13/2022 - [FURL=https://www.industryarc.com/Report/15393/amine-oxide-market.html?utm_source=briefingwire&utm_medium=Pressrelease&utm_campaign=Paidpressrelease]Amine Oxide Market[/FURL] is forecast to reach $564 million by 2026, after growing at a CAGR of 3.6% during 2021-2026. Amine oxides, which are also known as amine-N-oxide and N-oxide, are mild surfactants and is thus considered to be the main factor driving the market for amine oxides in skin-friendly personal care products. In industrial applications, such as thickeners, emollients, emulsifiers and conditioners, amine oxide is often used for various end-use applications. Also, the increasing use of long-chain alkyl amine oxides as foam stabilizers and amphoteric surfactants is estimated to raise the growth of the market. However, the release of toxic chemicals and gases into the environment during the manufacture of these chemicals and rising green alternatives is expected to restrict the amine oxide industry growth.

Key Takeaways

The Asia-Pacific region dominated the amine oxide market due to the growing demand for personal care products market in countries such as Japan, China, and South Korea.

Owing to the versatility of amine oxides to function at different temperatures and pressures, there is also an increase in the use of this chemical in other applications such as in agricultural adjuvants and oil field chemicals.

Increasing demand for amine oxide as thickeners in paints and coatings is also anticipated to boost the growth of the amine oxide market.

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Amine Oxide Market Segment Analysis- By Geography

The Asia Pacific region held the largest share with 35.9% in amine oxide market in 2020. Globally the demand for amine oxide market is dominated by Asia Pacific region due to the higher demand for consumer products from various countries. Also, the growing demand for the use of sulfur-free and milder personal care products is expected to fuel the overall growth of the market for amine oxides. In several member countries of the Organization for Economic Co-operation and Development (OECD), amine oxide is known as a high production volume class of compounds. Japan and South Korea is one of the major manufacturers of amine oxide also known as amine-N-oxide or N-oxide in Asia Pacific.

Amine Oxide Market Drivers

Increasing Demand for Amine Oxide in Agriculture Industry

Rising Population will Tend Towards the Growth of the Personal Care Products Which will Further Drive the Market

Amine oxide market top 10 companies are Air Products and Chemicals, Inc., BASF, Akzonobel N.V., Stepan Company, Pilot Chemical, Solvay, The Lubrizol Corporation, Lonza Company, Huntsman Corporation and Clariant Corporation among others.

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