DMAPA Market Growth and Key Manufacturers Analysis

Press release   •   Mar 14, 2018 09:14 EDT

The report "Dimethylaminopropylamine (DMAPA) Market by Application (Personal Care, PU Catalyst, Water Treatment, Agriculture, Pharmaceuticals, and Others), by Region - Global Trends & Forecasts to 2020",the global DMAPA market is projected to reach USD 326 Million by 2020 from the estimated USD 237.8 Million in 2014, at a CAGR of 5.4% between 2015 and 2020. Increasing demand for DMAPA based personal care products from emerging economies such as China, India, Brazil is mainly growth driver of this market.

Increasing demand from end-use industries such as personal care and automotive and increasing demand from emerging economies such as China, India, Brazil and the favorable properties of DMAPA-based products are some of the drivers for the growth of this market.

Top Industry players analyzed in report: BASF SE (Germany), Eastman Chemical Company (U.S.), Air Products & Chemicals Inc. (U.S.), Alkyl Amines Chemical Ltd. (India), Huntsman Corporation (U.S.), Solvay S.A. (Belgium), Hans Group Ltd. (China), Realet Chemical Technology Co. Ltd. (China), and others.

Market Ecosystem:

The ecosystem for the DMAPA market consists of suppliers of key raw materials such as methanol, ammonia, propylene, and other chemical agents. Many companies such as BASF SE, Eastman Chemical Company, Huntsman Corporation, and others have a backward integrated network to meet their production demands. The growth of DMAPA market is largely due increasing demand for personal care products such as shampoos, hair gel, bath preparations; textile, PU foam, agrochemicals, and others.

Asia-Pacific held the largest share in the global DMAPA market in 2014 and is expected to continue doing so during the forecast period. Asia-Pacific is also the fastest-growing market during the forecast period. Wide-scale industrialization, growing economy, and growing population are the main reasons for this high growth rate.

Mild nature of DMAPA-based personal care products makes personal care the largest application segment of the DMAPA market

Among the various applications, the personal care segment holds the largest share in the DMAPA market. This application segment is projected to be the fastest-growing application segment of the DMAPA market between 2015 and 2020. This growth is attributed to the increasing usage of high quality personal care products, the changing consumer lifestyle, and increase in the purchasing power of consumers. DMAPA-based personal care products are very mild in nature and very effective

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