Blogforpr

  Market Synopsis According to the MRFR analysis, the global alkylamines market was valued at around USD 7billion in 2020. It is expected to reach around USD 9million by the end of 2028 at a CAGR of around 5.0%. Alkylamines are ammonia derivatives with one or more alkyl groups replacing one or more hydrogen atoms. The number of carbon atoms linked directly to the nitrogen atom is used to classify amines. On the nitrogen atom, a primary (1°) amine has one alkyl (or aryl) group, a secondary (2°) amine has two, and a tertiary (3°) amine has three. The alkyl groups are known as substituents, while the parent species is the NH4+ ion. Growing demand for alkylamines as a raw material in the production of a variety of products—such as solvents, pesticides, feed additives, pharmaceuticals, rubber processing chemicals, and water treatment chemicals—is driving the market forward. The increasing usage of solvents in the manufacturing of spandex, polyurethane elastomers, and polyimide films,