The Global Tallow Amine Market was valued at USD10.45 Billion in 2023 and is estimated to reach USD 13.96 Billion by 2033, growing at a CAGR of 4.2% from 2023 to 2033.  

Scope of the market:

Tallow is a hard fat consisting of glyceryl esters of oleic, stearic acids, and palmitic which is extracted from fatty deposits of animals. Amines that are derived from fats are called tallow amines.Tallow amines get easily dissolved in chloroform, alcohols, benzene, and ethers and are immiscible in water. Tallow amines are widely used in mineral floating agents, dyeing assistants, anti-rusting agents, additives of lubricating oil, and germicides. Tallow amines are also used in leather dressings, foods, candles, and lubricants. Moreover, tallow amines are used as a softening agent and antistatic agent which improves the feel of textiles and reduces static cling, mainly useful for synthetic fiber. Companies could explore opportunities in related industries where tallow amines are used to replace less efficient or more hazardous chemicals. For instance, new markets can have better opportunities in water treatment processes or renewable energy sectors like biofuel production. According to Volza’s Global Export Data, tallow amine export shipments stood from the world at 5K exported by 436 world exporters to 589 buyers. The top 3 exporters to Tallow Amine are India with 1253 shipments followed by Mexico with 1226 and China with 1080 shipments.

Economic Impact of COVID-19:

The supply chain got disrupted which faced significant challenges in the tallow amine market. Tallow amine as a by-product of the meat processing industry faced shortage as meat plants were hit the hardest due to the outbreak and subsequent shutdown. Industries such as construction and mining were temporarily closed which resulted in a reduction of demand for chemicals used in these sectors. Additionally, food production was an essential category the demand from the agriculture sectors showed significant growth duringthe pandemic. The shutdown also hampered the expansion of many industries or their investments or new purchases which impacted the sales of chemical products.

The analysis of the COVID-19 recovery trajectory provides an overview of the main strategies that industries are implementing to respond to and recover from the economic crisis. It also focuses on the post-pandemic and pre-pandemic era of the Global Tallow Amine Market through PEST analysis, SWOT, Quantitative and Qualitative analysis, Attractive analysis, and DROs.

Key Players:

• Kao Chemicals
• SINO-JAPAN CHEMICAL CO., LTD
• Shandong Paini Chemical Co., Ltd
• Shandong Kerui
• Indo Amines Ltd
• Prasol Chemicals Pvt Ltd
• Huntsman International LLC
• JiangYinHuaYuan Chemical
• Oriental Union Chemical Corporation
• Qida Chemical Co., Ltd
• Croda International Plc
• Ecogreen Oleochemical GmbH
• LantianFinechem
• Others

The above key players in the Global Tallow Amine Marketcan be changed according to the client’s requirements. Forming strategic partnerships with players in industries like agriculture, mining, and oil and gas could give deeper penetration.

Moreover, the key players aim towards expansion, joint ventures, collaboration, mergers, and acquisitions to advance capabilities in the Tallow Amine Market.Strategic acquisitions and growth-driven mergers are highly desirable in the current landscape, with the Technology and Health sectors demonstrating leadership.A thriving M&A market is anticipated to be sparked by the opportunity provided by solid company balance sheets, better financing terms, and industry-specific drivers.

Recent Developments in the GlobalTallow Amine Market:

Global Amines completes the acquisition of Clariant’s Quats business.             

On 1^st June 2023, Global Maines Company Pte Ltd announced it had completed the acquisition of Clariant’s Quats business, and the sales of the business included certain assets in Germany, Indonesia, and Brazil.

Global Tallow Amine Market Key Benefits:

1. The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
2. Quantitative and Qualitative analysis of the current market.
3. Estimations for the forecast period 2033.
4. Historical data and forecast data.
5. Recent developments and trends in the market.   
6. Market share of the market players, company profiles, SWOT analysis, and competitive landscape.
7. Covid-19 Impact analysis

Global Tallow Amine Market Segmentation:

By Type:

• Solid Tallow Amine
• Liquid Tallow Amine Market

By Application:

• Mining Industry
• Construction Industry
• Other

By Region:

Asia-Pacific

• Japan
• China
• India
• Australia
• New Zealand
• Rest of Asia-Pacific

 North America

• US
• Canada
• Mexico

Europe

• Germany
• France
• Italy    
• Spain
• UK
• Rest of Europe

Rest of the World

Each of the market segments has been analyzed in detail for market trends, recent trends and developments, drivers, restraints, opportunities, and competitive analysis.

Research Scope:

Report Scope	Details
Base Year	2023
Forecast Years	2023 to 2033
Historical Years	2019 to 2023
Market Size 2023	10.45BN
Market Revenue 2033	13.96 BN
Growth Rate 2023- 2033	4.2%
Report Coverage	Trends, SWOT Analysis, Competitive Landscape, DROs, Revenue Forecast, PEST Analysis.
Segments Covered	Component, Deployment, Organization, Technology, Industry Vertical Platform, Region
Companies Mentioned	Kao Chemicals, SINO-JAPAN CHEMICAL CO., LTD, Shandong Paini Chemical Co., Ltd, Shandong Kerui, Indo Amines Ltd, Prasol Chemicals Pvt Ltd, Huntsman International LLC, JiangYinHuaYuan Chemical, Oriental Union Chemical Corporation, Qida Chemical Co., Ltd, Croda International Plc, Ecogreen Oleochemical GmbH, LantianFinechem
Customization	Yes

 

Regional Analysis:

North American tallow amine market dominates over other regions. Factors such as technology changes, consumer preference towards sustainable products,and use in water treatments and construction are pushing the market towards growth in this region. Moreover, the Canada and United States have rigid environmental regulations that impact chemical manufacturing including tallow amines. For instance, the Toxic Substance Control Act (TSCA) in the U.S.influencesthe import, production, and using chemicals which asa result shifts companies towards sustainable practices and products.After the pandemic, the rising demand for mining sectors and oil and gas has increased the demand for tallow amines. New applications with existing industries or entirely new sectors can give new opportunities in the Tallow Amines Market in the North American region. Being the by-product of meat, this market can face challenges due to health concerns, changing consumer preferences, or fluctuations in the meat industry.

APAC hosts a broad range of industries that use tallow amines such as oil and gas, mining, agriculture, and water treatment. Increasing industrialization in countries like China, and India together with their agricultural sectors drives the growth of the market in this region. Fast economic growth fuels the expansion of the industries that used tallow amine in the Asia Pacific. Infrastructure projects and urbanization in emerging countries are becoming the key drivers including water treatment, and demanding construction. Companies have new opportunities to expand their presence in emerging countries and growing industrial applications.

Key questions answered by this report.

1. Top market players contributing to the revenue?
2. Trending strategies by the players?
3. Which region will be the leading one in the forecast period?
4. Factors that drive the Global Tallow Amine Market?
5. Which factors will affect the Global Tallow Amine Market?
6. How Covid-19 pandemic impact the growth of the Global Tallow Amine Market?
7. Which Segment accounted for the Global Tallow Amine Marketshares?

 

Frequently Asked Questions (FAQ) :