A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Tertiary
Butyl Amine
Market. The
study, titled “Tertiary
Butyl Amine Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Tertiary
butyl amine is a transparent colorless compound with molecular
formula (CH3)3CNH2. It possesses amine-like odor. Tertiary butyl
amine is primarily used in rubber, agrochemicals, pharmaceuticals,
and chemical intermediates. It is employed as rubber accelerator to
improve the rate of vulcanization. Agrochemicals derived from this
compound include terbutryn, terbacil, and terbumeton.
Rubber
is not only used to manufacture tire in automobiles, but it is also
employed in engine gaskets, radiator seals, performance hoses,
ignition cables, and airbags. Asia Pacific holds more than 60% share
of the global rubber market. The region is expected to offer immense
growth to the tertiary butyl amine market during the forecast period.
Rise in demand for automobiles in Europe and Asia Pacific is
estimated to propel the rubber market. This, in turn, is likely to
boost the demand for tertiary butyl amine in the near future. Crop
protection chemicals are widely used in the agriculture industry to
enhance the crop yield.
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Market Research Report @
Crop
protection chemicals such as fungicides, herbicides, and insecticides
are employed to eliminate unwanted plants and pests. Increase in
usage of crop protection chemicals is anticipated to propel the
demand for tertiary butyl amine. Growth in population has raised food
security concerns. Developing and underdeveloped countries lack
proper infrastructure for storage and distribution of food grains.
This, in turn, is projected to fuel the demand for tertiary butyl
amine owing to its usage in agrochemicals.
In
terms of region, Asia Pacific is likely to exhibit significant demand
for tertiary butyl amine in the next few years, led by the expansion
in the rubber industry. Demand for rubber is high from tire and
automotive applications in major countries in the region such as
China and India. Increase in demand for new automotive vehicles is
estimated to fuel the demand for rubber. This, in turn is likely to
boost the demand of tertiary butyl amine. Large scale manufacturers
such as BASF SE are expanding their capacity in the region to meet
the rising demand for rubber additives such as tertiary butyl amine,
which is used as an accelerator in the rubber industry. Furthermore,
steady growth in automotive sales in Europe and North America is
projected to propel the demand for tertiary butyl amine in the next
few years.
Increase
in population in developing countries coupled with rise in demand for
food is driving the agrochemicals market across the globe. The usage
of tertiary butyl amine for the preparation of agrochemicals is
likely to enhance the demand for this compound during the forecast
period. Agrochemicals are being used increasingly in Latin America
and Middle East & Africa to boost the crop yield. This is
anticipated to augment the demand for tertiary butyl amine. The usage
of this compound for the preparation of drugs in the pharmaceuticals
industry is estimated to propel the tertiary butyl amine market.
Get
accurate market forecast and analysis on the Tertiary Butyl Amine
market. Request a sample to stay abreast on the key trends impacting
this market@
Major
companies operating in the tertiary butyl amine market include BASF
SE, Sigma-Aldrich Co. LLC., and Zibo Luhua Hongjin New Material
Co.,Ltd. In 2015, BASF SE increased its production capacity at its
plant in China to meet the rising demand for rubber additives for
tire applications in China and other countries of Asia Pacific.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
Transparency
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and analyze information.
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data repository is continuously updated and revised by a team of
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Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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