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Global Amine Oxide Market: Industry Analysis and Forecast (2020-2026)

Global Amine Oxide Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at 3.6 % through 2020 to 2026, reaching nearly US$ 564 Mn.

Global Amine Oxide Market

The global Amine Oxide market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Amine Oxide report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Amine Oxide Market Overview:

Amine oxides are usually used as the protecting group for amines as well as other chemical intermediates including shampoos, conditioners, detergents, and hard surface cleaners. Growing demand for home care products is expected to play a crucial role in the global amine oxide market growth.
Global Amine Oxide Market Dynamics:

The rising consumer population plays a vital role in the amine oxide market size, as amine oxide is commonly used in the personal care industry. The increase in the number of consumers in various economies including India, China, Indonesia, Thailand, and Vietnam, and Latin American and African nations is expected to drive the demand for household care and personal care items during the forecast period.

For Instance, India Brand Equity Foundation, as per Assocham, the market size of India’s beauty, cosmetic, and grooming market with US$20 billion by 2025 from the current US$6.5 billion on the back of the rise in middle-class disposable income and rising people’s expectations to live good lives and look good. Also, according to the food and agriculture organization (FAO), it is estimated that the world population will rise to US$8.2 billion in 2030. Thus, the rising population will drive the market demand for amine oxide or amine-N-oxide as surfactants in the personal care industry.

The increasing harmful effects of chlorine bleach and the growing use of green bleach alternatives the expected to restrain the amine oxide market demand during the forecast period.
Global Amine Oxide Market Segment Analysis:

By Type, the amine oxide market is bifurcated into Non-ionic Surfactants, Decanamine, 1-Tetradecanamine, 1-Dodecanamine, Hexadecanamine, Octadecanamine, and Others. Non-ionic surfactants accounted for the largest share of the amine oxide market in 2019.

Non-ionic surfactants and foam stabilizers are used as long-chain alkyl amine oxides that have a polarity close to that quaternary ammonium salts and are highly polar molecules. These surfactants are widely used in the home & personal care industries, and the agrochemical industries, because of the mildness associated with non-ionic surfactants.

By Application, the market is bifurcated into Consumer Products, Agrochemicals, Industrial chemicals, Coatings, and Others. Consumer products held the largest share in the amine oxide market in 2019 and are expected to grow at a CAGR of 3.3% during the forecast period 2020-2026. Consumption of personal care and home care products is driving the consumer products sector. An increase in demand for mild surfactants, particularly from the personal care industry is expected to drive the segment demand.

Global Amine Oxide Market

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Global Amine Oxide Market
Global Amine Oxide Market Regional Insights:

Asia Pacific is dominating the Amine Oxide Market

The Asia Pacific held 34.9% of amine oxide in 2019 thanks to higher demand for consumer products from various economies. Growing demand for the use of sulfur-free and milder personal care products is expected to propel the amine oxide market growth. Japan and South Korea are one of the major manufacturers of amine oxide also known as amine-N-oxide or N-oxide in the Asia Pacific.

According to the International Trade Administration, South Korea is the world’s 9th largest cosmetics industry, accounting for about 2.8% of the global industry. Meanwhile, overall cosmetics imports in 2019 increased by 5.4% compared to 2018. Thus, the demand for the amine oxide market is therefore anticipated to increase in the APAC region during the forecast period.

Global Amine Oxide Market

The objective of the report is to present a comprehensive analysis of the Global Amine Oxide market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

Porter, svor, pestel analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Amine Oxide market dynamics, structure by analyzing the market segments and project the Global Amine Oxide market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Amine Oxide market make the report investor’s guide.
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Global Amine Oxide Market
Global Amine Oxide Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Amine Oxide Market Key Players

• Tianjin Tianzhi Fine Chemical
• AkzoNobel
• P&G
• Hangzhou Top Chemical
• Kao Chemicals
• Stepan
• Pioneer Chemical
• Air Products
• Rhodia
• Shengxuan Bio-Chemical
• Oxiteno
• DX Chemical
• Pilot Chemical
• Flower’s Song
• Taiwan NJC Corporation (TNJC)
• Evonik
• Clariant
• Victorian Chemical
• Lubrizol
• Chengdu Kehongda Technology
• New Japan Chemical
• Others

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