Global Fatty Amines Market Share Analysis

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The fatty amines market is projected to grow from USD 2.9 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 6.5% from 2019 to 2024. The growing demand for agrochemicals in the agriculture industry is driving the growth of fatty amines market. The acquisitions, as well as plant and distribution channel expansions made by many prominent players in the fatty amines industry, are the key factors driving the growth of the fatty amines market across the globe. Factors such as changing technology within the additives industry, driven by cost, low VOC, and other legislation, are expected to upsurge the demand for bio-based, environment-friendly additives in the paints & coatings industry, which in turn is expected to upsurge the fatty amines market, thus acting as an opportunity for the worldwide growth of the fatty amines market.