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US amines demand to reach 3.1 billion pounds in 2019
US demand for amines will expand at a modest pace, reaching 3.1 billion pounds in 2019. The growing use of pesticideresistant crops will drive amine demand in agricultural chemicals. Ethanolamines and specialty amines will benefit from rising demand for natural gas as power generation companies continue to replace coalfired power plants with more efficient natural gas burning plants. Rising construction activity will help drive strong demand for polyetheramines, as well as other amines used in adhesives. However, the use of amines in wood treatment chemicals will not recover significantly as consumers shift to woodalternative decking, and as treated wood producers increasingly turn to non-metalbased preservatives that are not formulated with amines. Additionally, faster growth will be limited by the maturity of some of the largest markets for amines such as cleaning products and personal care products.
New herbicide resistant crops to boost agricultural market
Amine demand in agricultural chemicals has expanded rapidly in recent years as the widespread planting of glyphosateresistant crops resulted in robust growth in herbicides demand, and as Monsanto (the sole US producer of glyphosate) chose to pursue market share in 2010 by cutting prices. More recently, growing weed resistance to glyphosate, both in the US and abroad, has continued to drive amine demand for glyphosate as farmers have increased usage to maintain weed control. Agricultural companies have also responded by developing new varieties of corn and soybeans resistant to other herbicides beyond glyphosate, including the well-known herbicides 2,4-D and dicamba. Increased usage of these crops going forward will spur growth in amine demand as farmers increase their herbicide consumption on crops containing the new genes.
Regulations favoring natural gas to benefit ethanolamines
Government regulations intended to improve air quality and reduce greenhouse gas emissions will further drive amine demand going forward. Industry efforts to comply with the increasingly stringent regulations will boost natural gas consumption (and production) as coal-fired power plants are retired in favor of more efficient, and less polluting, natural gas power plants. Ethanolamines and specialty amines utilized to remove sulfur and other impurities from the natural gas as it is processed and transported will benefit the most.
Polyetheramines to be fastest growing amine type
Robust growth in building construction will help boost the production of coatings and adhesives, benefiting most of the commodity amines. Polyetheramines, which have found growing usage in adhesives and advanced composites, will be among the biggest beneficiaries, and achieve the fastest growth of all amine types overall. However, rapid consumer adoption of wood-alternative decking options will limit demand for amines in wood preservatives. Additionally, an industry shift toward non-metal-based preservatives will further restrain amine demand, as these newer products do not require amines in their formulations.
Company Profiles
Profiles 24 competitors in the US industry including Akzo Nobel, BASF, Dow Chemical, Eastman Chemical & Huntsman
Additional Information
This study examines the US market for amines by product type (ethanolamines, alkylamines, fatty amines, specialty amines, ethyleneamines, and polyetheramines) and by market (agricultural chemicals, cleaning products, personal care products, water treatment, natural gas processing, petroleum, and other markets). For the purposes of this study, aniline and other nitrogen compounds not listed among the products specified above are excluded, although they are sometimes considered amines. Also excluded from this study is hexamethylenediamine for captive nylon production.
Historical data for 2004, 2009, and 2014 and forecasts for 2019 and 2024 are provided in pounds and current dollars at the manufacturers’ level. The term “demand” refers to US sales or apparent consumption, and denotes US production plus imports, less exports and those amines used in the manufacture of other amines (to avoid double counting). Tabular details may not add to totals due to independent rounding. Ratios may be rounded for the sake of clarity.