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Dimethylaminopropylamine Market Trends

ID: MRFR//1853-HCR | 135 Pages | Author: Priya Nagrale| November 2024

Dimethylaminopropylamine (DMAPA) Market OverviewThe global dimethylaminopropylamine (DMAPA) market is expected to register a CAGR of over 5% to reach around USD 521 million by the end of 2030.


Dimethylaminopropylamine (DMAPA) is a diamine produced by reacting dimethylamine and acrylonitrile, followed by hydrogenation process which yields DMAPA. It is a clear, colorless liquid completely miscible with water, alcohols, esters, and ketones; and partially miscible with diethyl ether, benzene, chlorinated hydrocarbons. It is widely used in producing surfactants which are further used in numerous personal care products such as soaps, shampoos, and cosmetics. It can also be used as a chemical intermediate in the production of water treatment chemicals, ion exchange resins, polyurethane catalysts, epoxy resin hardeners, corrosion inhibitors, agrochemicals, pharmaceuticals, and gasoline. Among the aforementioned applications, in 2018, the surfactants segment accounted for the largest share and is anticipated to register a high CAGR over the review period.


The global demand for DMAPA is driven by the growth in the cosmetics & personal care industry. Increasing demand for personal care products—particularly premium skin and hair care products, child beauty care products, and color cosmetics—is driving the market growth. Rising demand for skin-friendly products is the prime factor propelling the market growth worldwide due to its mild nature.


The consumption of DMAPA is increasing as a catalyst in manufacturing of PU foam as a result of the increasing use of polyurethane foam in the construction industry. The growing construction industry increase in residential construction activities is likely to drive the growth of the global DMAPA market during the review period worldwide.


Increased spending on personal care products in the developing markets, particularly by the youth on account of rising per capita disposable income and changing living standards, is likely to create opportunities for the players in the global DMAPA market.


One of the prominent trends  in the global DMAPA market is production capacity expansion. For instance, in September 2017, Eastman Chemical Company expanded its production capacity of DMAPA to meet the growing demand for personal care products globally.


Regional Analysis


The market in Asia-Pacific accounted for the largest share of the global DMAPA market in 2018; the regional market is also expected to register significant growth during the review period. The growing cosmetics & personal care industry with increased spending on cosmetics by the working population as a result of appearance consciousness, coupled with rising purchasing power, is driving the market growth in the region. The growing industrial base in the developing countries is expected to fuel the demand for surfactants, and thus, DMAPA.


Europe is projected to be a prominent market for dimethylaminopropylamine on account of the growing demand for premium skin and hair care products. In addition, growing water treatment industry with increasing regulations against wastewater discharge is likely to drive the market growth.


The North American dimethylaminopropylamine (DMAPA) market is expected to record significant growth during the review period. Expanding construction industry with rise in residential construction activity is expected to support the market growth.


The Latin American dimethylaminopropylamine (DMAPA) market is expected to exhibit considerable growth with respect to the growing construction industry, especially in Brazil and Mexico. The dimethylaminopropylamine (DMAPA) market in the Middle East & Africa is likely to show moderate growth during the review period with growing end use industries such as personal care & cosmetics and construction.


Segmentation


The global dimethylaminopropylamine market has been segmented based on application and region.


Based on application, the global dimethylaminopropylamine (DMAPA) market has been categorized into cosmetics & personal care, PU catalyst, pharmaceuticals, lubricant additives, water treatment, resins, agrochemicals, and others.


The global dimethylaminopropylamine (DMAPA) market, by region, has been segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.


Key Players


Some of the key players operating in the global DMAPA market are BASF SE (Germany), Huntsman International LLC (US), Merck KGaA (Germany), Haihang Industry Co., Ltd (China), Air Products and Chemicals, Inc. (US), Alkyl Amines Chemicals Limited (India), Solvay SA (Belgium), Tianjin Zhonxin Chemtech Co., Ltd (China), and The Chemours Company (US), Realet Chemical Technology Co. Ltd (China).Recent DevelopmentOct 2021 Third quarter 2021 net income of $225 million compared to $57 million in the prior-year period; third quarter 2021 diluted profits per share of $0.94 compared to $0.22 in the prior-year period. The revenue increase in our Performance Products division for the three months ended September 2021, compared to the period in 2020 similarly, was primarily due to higher average selling prices and greater sales volumes. Average selling prices rose primarily due to increasing demand in reaction to the ongoing recovery from the global economic slump, as well as a rise in raw material costs. Sales quantities increased as well, owing mostly to rising demand. The rise in segment-adjusted EBITDA was primarily due to higher revenue and margins, offset in part by higher fixed expenses. Sep 2021 BASF will raise the price of dimethylaminopropylamine (DMAPA) in North America by $0.15 per pound beginning October 1, 2021, or as existing contracts allow. Dimethylaminopropylamine (DMAPA) is a key starting material in producing betaines, which are used to make liquid soaps and shampoos. DMAPA is also utilized in manufacturing colors, lubricant additives, and rubber adhesion enhancers.


Intended Audience




  • Dimethylaminopropylamine Manufacturers




  • Traders and Distributors of Dimethylaminopropylamine




  • Research and Development Institutes




  • Potential Investors




  • Raw Material Suppliers




  • Nationalized Laboratories



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