Market Overview:
The global amines for natural gas industries market is estimated to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for amines from the oil & gas industry and other applications. Asia Pacific is expected to be the fastest-growing region in the global amines for natural gas industries market during the forecast period.
Product Definition:
Amines are organic compounds that contain one or more nitrogen atoms attached to a hydrocarbon group. Amines are important in the natural gas industry because they can be used as absorbents to remove acid gases from natural gas streams.
MEA:
Middle East and Africa Amines for Natural Gas Industries market is expected to witness significant growth over the forecast period owing to increasing natural gas consumption in power generation, transportation, household cooking and heating purposes. In addition, growing industrialization coupled with rising per capita income is anticipated to drive the MEA amines for natural gas industries market over the forecast period.
DEA:
DEA or 1,4-Dihydroxy-2,5-pyrrolinediol is a chemical compound and it's a natural gas by product. It is an organic liquid that has the same molecular structure as of ethane (C3H8) but with hydroxyl group replaced by hydrogen. The application of this product in natural gas industries helps to remove impurities such as sulfur and nitrogen which are not compatible for further use in downstream processes.
Application Insights:
The oil & gas industry was the largest application segment in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to rising use of amines in drilling fluids, fracturing fluid additives, and other petrochemicals products such as lubricants, biocides, emulsifiers and corrosion inhibitors.
Amine-based products are used for their ability to reduce friction by increasing the viscosity index of oils while improving oil¢â‚¬â„¢s resistance against wear & tear caused due to high temperatures during its life cycle from extraction till consumption. These factors are anticipated to drive demand for amines across various end-use industries including automotive over the coming years.
Regional Analysis:
Asia Pacific dominated the global amines for natural gas industries market in 2017 and is expected to continue its dominance over the forecast period. The presence of major petrochemical companies such as BASF, Sinopec, and Chevron are fueling regional growth. China is also projected to witness high demand for natural gas owing to rapid industrialization along with increasing oil & gas production from shale reserves across the region.
MEA accounted for a significant share in terms of volume as well as revenue in 2017 on account of rising demand from end-use industries such as oil & gas, automotive, construction material manufacturing etc. In addition MEA has witnessed an increase in LNG imports which will further boost product consumption over the next eight years (2018-2030).
Growth Factors:
- Increasing demand for amines in natural gas industries from end-use applications such as oil refineries, petrochemical plants, and fertilizer plants.
- Growing investments in the development of new amine production facilities to cater to the increasing demand for amines in natural gas industries.
- Rising prices of crude oil and natural gas which is resulting in an increase in the demand for amines as a processing agent in these industries.
- Technological advancements that are helping improve the efficiency and performance of amine-based processes used in natural gas industries operations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Amines for Natural Gas Industries Market Research Report
By Type
MEA, DEA, MDEA
By Application
Oil & Gas Industry, Other
By Companies
DOW, Ineos Oxides, Huntsman, DOW
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Amines for Natural Gas Industries Market Report Segments:
The global Amines for Natural Gas Industries market is segmented on the basis of:
Types
MEA, DEA, MDEA
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DOW
- Ineos Oxides
- Huntsman
- DOW
Highlights of The Amines for Natural Gas Industries Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- MEA
- DEA
- MDEA
- By Application:
- Oil & Gas Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Amines for Natural Gas Industries Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Amines are a type of natural gas industry chemical used to make plastics, coatings, and other materials.
Some of the major companies in the amines for natural gas industries market are DOW, Ineos Oxides, Huntsman, DOW.
The amines for natural gas industries market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Amines for Natural Gas Industries Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Amines for Natural Gas Industries Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Amines for Natural Gas Industries Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Amines for Natural Gas Industries Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Amines for Natural Gas Industries Market Size & Forecast, 2018-2028
4.5.1 Amines for Natural Gas Industries Market Size and Y-o-Y Growth
4.5.2 Amines for Natural Gas Industries Market Absolute $ Opportunity
Chapter 5 Global Amines for Natural Gas Industries Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Amines for Natural Gas Industries Market Size Forecast by Type
5.2.1 MEA
5.2.2 DEA
5.2.3 MDEA
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Amines for Natural Gas Industries Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Amines for Natural Gas Industries Market Size Forecast by Applications
6.2.1 Oil & Gas Industry
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Amines for Natural Gas Industries Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Amines for Natural Gas Industries Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Amines for Natural Gas Industries Analysis and Forecast
9.1 Introduction
9.2 North America Amines for Natural Gas Industries Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Amines for Natural Gas Industries Market Size Forecast by Type
9.6.1 MEA
9.6.2 DEA
9.6.3 MDEA
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Amines for Natural Gas Industries Market Size Forecast by Applications
9.10.1 Oil & Gas Industry
9.10.2 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Amines for Natural Gas Industries Analysis and Forecast
10.1 Introduction
10.2 Europe Amines for Natural Gas Industries Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Amines for Natural Gas Industries Market Size Forecast by Type
10.6.1 MEA
10.6.2 DEA
10.6.3 MDEA
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Amines for Natural Gas Industries Market Size Forecast by Applications
10.10.1 Oil & Gas Industry
10.10.2 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Amines for Natural Gas Industries Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Amines for Natural Gas Industries Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Amines for Natural Gas Industries Market Size Forecast by Type
11.6.1 MEA
11.6.2 DEA
11.6.3 MDEA
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Amines for Natural Gas Industries Market Size Forecast by Applications
11.10.1 Oil & Gas Industry
11.10.2 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Amines for Natural Gas Industries Analysis and Forecast
12.1 Introduction
12.2 Latin America Amines for Natural Gas Industries Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Amines for Natural Gas Industries Market Size Forecast by Type
12.6.1 MEA
12.6.2 DEA
12.6.3 MDEA
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Amines for Natural Gas Industries Market Size Forecast by Applications
12.10.1 Oil & Gas Industry
12.10.2 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Amines for Natural Gas Industries Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Amines for Natural Gas Industries Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Amines for Natural Gas Industries Market Size Forecast by Type
13.6.1 MEA
13.6.2 DEA
13.6.3 MDEA
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Amines for Natural Gas Industries Market Size Forecast by Applications
13.10.1 Oil & Gas Industry
13.10.2 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Amines for Natural Gas Industries Market: Competitive Dashboard
14.2 Global Amines for Natural Gas Industries Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DOW
14.3.2 Ineos Oxides
14.3.3 Huntsman
14.3.4 DOW
