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Global Tert Butylamine Market: By Application: Pharmaceuticals, Pesticides/Insecticides, Rubber Processing, Gas Purification Agent, Dyes, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Tert Butylamine Market Outlook
The global tert butylamine market is expected to grow at a CAGR of 6% in the forecast period of 2021-2026.
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The Asia Pacific to Significantly Contribute to the Expansion of the Tert Butylamine Industry
Geographically, the Asia Pacific is expected to account for a significant share in the industry over the forecast period. The market growth in the region can be attributed to the increasing demand for tert butylamine in the rubber industry. Within the rubber industry, the most common use of tert butylamine is in the production of tyres, which are further utilised in the automotive sector. The growing demand for light vehicles in emerging regions like China and India is estimated to fuel the demand for rubber. This, in turn, is likely to drive the industry growth in the region. Moreover, as tert butylamine is used in the preparation of various drugs and chemical intermediates, the sharp growth of the pharmaceutical sector amidst the COVID-19 pandemic is expected to positively influence the regional industry growth. Meanwhile, the growing demand for environment-friendly compounds in Europe and North America is expected to boost the sales of the product in these regions.
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Tert Butylamine: Industry Definition and Segmentation
Tert butylamine or tertiary butyl amine, an organic chemical compound, is one of the four isomeric amines of butane. This aliphatic amine is a colourless liquid with amine-like odour. It is represented by the formula (CH?)?CNH?. It finds applications in various sectors like rubber, agrochemicals, pharmaceuticals, and chemical intermediates. It is widely used as an accelerator in the rubber industry to improve the rate of vulcanisation. Industrially, it is obtained by reacting isobutene with hydrogen cyanide under acidic conditions.
Based on application, the industry can be segmented into:
- Pharmaceuticals
- Pesticides/Insecticides
- Rubber Processing
- Gas Purification Agent
- Dyes
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Demand from Various Application Sectors to Boost the Demand for Tert Butylamine
The expanding applications of tert butylamine are driving the demand for the product across various industries. Tert butylamine is used in the synthesis of pharmaceutical products, particularly antihypertensive and Terbutalin drugs. Being an environment-friendly organic compound, it has become a preferred choice for use among the manufacturers of organic compounds, such as, dyes, rubber additives, and pesticides, thus, serving as an essential raw material. In the rubber industry, the primary application of tert butylamine is in the production of accelerator compounds, which help improve vulcanisation rate of rubber. An increase in demand for rubber products is further driving the demand for additives such as stabilizers, accelerators, and flame retardants, thus, propelling the market forward. Tert butylamine also finds application in the agrochemical industry to produce pesticides like Terbutryn and Terbacil, among others. The growing adoption of modern farming techniques and increasing investments to strengthen the agricultural sector are driving the demand for pesticides, which in turn, is boosting the sales of tert butylamine globally.
Key Industry Players in the Global Tert Butylamine Market
The report gives a detailed analysis of the following key players in the global tert butylamine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- BASF SE
- Zibo Luhua Hongjin New Material Co., Ltd.
- Leisha Pharma Solutions Pvt. Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Tert-Butylamine Market Analysis
8.1 Key Industry Highlights
8.2 Global Tert-Butylamine Historical Market (2016-2020)
8.3 Global Tert-Butylamine Market Forecast (2021-2026)
8.4 Global Tert-Butylamine Market by Application
8.4.1 Pharmaceuticals
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Pesticides/Insecticides
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Rubber Processing
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Gas Purification Agent
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2016-2020)
8.4.4.3 Forecast Trend (2021-2026)
8.4.5 Dyes
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2016-2020)
8.4.5.3 Forecast Trend (2021-2026)
8.4.6 Others
8.5 Global Tert-Butylamine Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 BASF SE
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Zibo Luhua Hongjin New Material Co., Ltd.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Leisha Pharma Solutions Pvt. Ltd.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Others
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Figures and Tables
1. Global Tert-Butylamine Market: Key Industry Highlights, 2016 and 2026
2. Global Tert-Butylamine Historical Market: Breakup by Application (USD Million), 2016-2020
3. Global Tert-Butylamine Market Forecast: Breakup by Application (USD Million), 2021-2026
4. Global Tert-Butylamine Historical Market: Breakup by Region (USD Million), 2016-2020
5. Global Tert-Butylamine Market Forecast: Breakup by Region (USD Million), 2021-2026
6. North America Tert-Butylamine Historical Market: Breakup by Country (USD Million), 2016-2020
7. North America Tert-Butylamine Market Forecast: Breakup by Country (USD Million), 2021-2026
8. Europe Tert-Butylamine Historical Market: Breakup by Country (USD Million), 2016-2020
9. Europe Tert-Butylamine Market Forecast: Breakup by Country (USD Million), 2021-2026
10. Asia Pacific Tert-Butylamine Historical Market: Breakup by Country (USD Million), 2016-2020
11. Asia Pacific Tert-Butylamine Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Latin America Tert-Butylamine Historical Market: Breakup by Country (USD Million), 2016-2020
13. Latin America Tert-Butylamine Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Middle East and Africa Tert-Butylamine Historical Market: Breakup by Country (USD Million), 2016-2020
15. Middle East and Africa Tert-Butylamine Market Forecast: Breakup by Country (USD Million), 2021-2026
16. North America Historical Price Trends and Forecast 2016-2026
17. Europe Historical Price Trends and Forecast 2016-2026
18. Asia Pacific Historical Price Trends and Forecast 2016-2026
19. Latin America Historical Price Trends and Forecast 2016-2026
20. Middle East and Africa Historical Price Trends and Forecast 2016-2026
21. Global Tert-Butylamine Market Structure
Key Questions Answered in the Report
The global tert butylamine market is projected to grow at a CAGR of 6% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising demand for tert butylamine in the rubber industry, increasing demand for lightweight vehicles, growing demand from the pharmaceutical sector, expanding applications of tert butylamine, rising demand for pesticides, and increasing demand for additives such as stabilizers, accelerators, and flame retardants, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising demand for environment-friendly compounds and increasing adoption of modern farming techniques.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading application segments in the market are pharmaceuticals, pesticides/insecticides, rubber processing, gas purification agent, and dyes, among others.
The major players in the industry are BASF SE, Zibo Luhua Hongjin New Material Co., Ltd., and Leisha Pharma Solutions Pvt. Ltd., among others.
Analyst Review
The global tert butylamine market is being driven by the rising investments into the agricultural industry. Aided by the rising demand for pesticides, the market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 6%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By application, the market is segmented into pharmaceuticals, pesticides/insecticides, rubber processing, gas purification agent, and dyes, among others. The major regional markets for tert butylamine are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BASF SE, Zibo Luhua Hongjin New Material Co., Ltd., and Leisha Pharma Solutions Pvt. Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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