Isopropylamine market size to grow by USD 110.91 million from 2022 to 2027: Expansion of the rubber and plastic industry to boost growth - Technavio

NEW YORK, April 24, 2023 /PRNewswire/ -- The global isopropylamine market size is estimated to increase by USD 110.91 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 5.96%. The expansion of the rubber and plastic industry is driving market growth. Goods in these industries are made by processing plastic materials and raw rubber. Plastic production is still increasing, with the rising demand for plastic products such as mobile phones and car bumpers. Rubber is made either by processing latex naturally secreted by certain plants or by an industrial process. It is also used in many industrial applications. Isopropylamine acts as a regulating agent for plastics and as an additive in the petroleum industry. These factors are expected to fuel the growth of the market during the forecast period. Discover some major insights on market size, historic period (2017-2021), and forecast period (2023-2027) before buying the full report - Request a sample report

Isopropylamine market – Customer landscape

Our report analyzes the life cycle of the global isopropylamine market from the innovator's stage to the laggard's stage. The report illustrates the lifecycle of the global isopropylamine market, focusing on the adoption rates of the major countries such as the US, Canada, China, India, Japan, and Germany. To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycles
• Drivers of price sensitivity 
• To unlock the detailed information on the customer landscape - Request a sample now!

Isopropylamine market – Vendor analysis

Vendor landscape –

The global isopropylamine market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer isopropylamine in the market are Arkema Group, BASF SE, DuPont de Nemours Inc., Eastman Chemical Co., Leo Chemo Plast Pvt. Ltd., Nanjing Qinzuofu Chemical Co. Ltd., OQ SAOC, Restek Corp., Shanghai Jianbei Organic Chemical Co. Ltd., Solvay SA, Tokyo Chemical Industry Co. Ltd., and Zhejiang Jianye Chemical Co. Ltd. and others.

The competition among vendors is high. The high competition and decreasing profit margins pose a threat to the existing players and new entrants. Key manufacturers have been focusing on increasing their presence over the past few years through the expansion of their production facilities. The rising consumption of isopropylamine in end-user industries, such as coatings, pharmaceuticals, cosmetics, personal care, chemicals, and other industries, is providing opportunities for existing vendors to expand their product offerings and increase their production capacities.

Vendor offerings -

• BASF SE - The company offers isopropylamine for the production of plant protection agents and pharmaceuticals.
• DuPont de Nemours Inc. - The company offers isopropylamine for the production of glyphosate pesticide.
• Eastman Chemical Co. - The company offers isopropylamine for herbicides and home and industrial care intermediates.
• For exclusive analysis on some key vendors and their offerings – Request a sample report

Isopropylamine market - Segmentation assessment

Segment overview
Technavio has segmented the market based on end-user (agriculture, pharmaceuticals, rubber and plastics, paints and coatings, and others) and geography (APAC, North America, Europe, South America, and Middle East and Africa). 

• The agriculture segment will account for a significant share of market growth during the forecast period. The agriculture sector is a major end-user of isopropylamine, which is used in manufacturing herbicides, insecticides, and other agrochemical products. The demand for isopropylamine from the agriculture sector is fueled by the rising demand for agrochemical products to support food security and agricultural productivity. The growing demand for high-yielding crops, the increasing global population, and the need to improve agricultural productivity are expected to drive the demand for isopropylamine in the agriculture sector during the forecast period.

Geography overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global isopropylamine market.

• APAC is estimated to account for 43% of the growth of the global market during the forecast period. Factors such as the increasing demand for personal care, pharmaceuticals, and agricultural products is driving the growth of the market in the region. APAC is one of the largest consumers of personal care products. The demand for these products is expected to increase during the forecast period, which will drive the demand for isopropylamine as a surfactant.

For major market insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a sample report

Isopropylamine market – Market dynamics

Key trends – The increasing demand from the pharmaceutical industry is a key trend in the market. Isopropylamine is a nitrogen-based organic compound and also constitutes an indirect source of ammonia. Amines are derived by replacing one or more hydrogen molecules from ammonia with other alkyl molecules. They are generally used in the pharmaceutical industry and contain a ring-like structure known as the aryl group. The demand for isopropylamine is increasing in the pharmaceutical industry because of the increasing awareness about health issues. Amines have gelling, stabilizing, and texture-enhancing properties. They also have several pharmaceutical uses as well as medical and pharmaceutical applications for tissue regeneration, allergy relief, dental care, bone repair, and drug manufacturing. Such factors are expected to boost the growth of the market during the forecast period.

Major challenges - Volatility in crude oil prices is challenging the growth of the global isopropylamine market. Propylene is a major raw material for isopropyl production and a petroleum derivative. Fluctuations in crude oil prices harm the production capacity and the cost of production of propylene. Propylene is directly produced from oil or its derivatives, such as naphtha or liquefied petroleum gas. Due to a decline in oil prices in recent years, players in the oil and gas industry have been implementing cost-cutting measures such as layoffs. The supply of and demand for isopropylamine raw materials are directly affected by the volatility in crude oil prices owing to changing exchange rates, import/export levels, and cutting down production capacity. Such factors may impede the growth of the market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this isopropylamine market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the isopropylamine market between 2023 and 2027
• Precise estimation of the size of the isopropylamine market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the isopropylamine market across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of isopropylamine market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 13: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global isopropylamine market 2017 - 2021 
• Exhibit 17: Historic Market Size – Data Table on Global isopropylamine market 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 18: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 Geography Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.4 Country Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 21: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 22: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 23: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 24: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 25: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 26: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 27: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 28: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 29: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 30: Chart on Comparison by End-user
• Exhibit 31: Data Table on Comparison by End-user

• 6.3 Agriculture - Market size and forecast 2022-2027 
• Exhibit 32: Chart on Agriculture - Market size and forecast 2022-2027 ($ million)
• Exhibit 33: Data Table on Agriculture - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Chart on Agriculture - Year-over-year growth 2022-2027 (%)
• Exhibit 35: Data Table on Agriculture - Year-over-year growth 2022-2027 (%)

• 6.4 Pharmaceuticals - Market size and forecast 2022-2027 
• Exhibit 36: Chart on Pharmaceuticals - Market size and forecast 2022-2027 ($ million)
• Exhibit 37: Data Table on Pharmaceuticals - Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Chart on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
• Exhibit 39: Data Table on Pharmaceuticals - Year-over-year growth 2022-2027 (%)

• 6.5 Rubber and plastics - Market size and forecast 2022-2027 
• Exhibit 40: Chart on Rubber and plastics - Market size and forecast 2022-2027 ($ million)
• Exhibit 41: Data Table on Rubber and plastics - Market size and forecast 2022-2027 ($ million)
• Exhibit 42: Chart on Rubber and plastics - Year-over-year growth 2022-2027 (%)
• Exhibit 43: Data Table on Rubber and plastics - Year-over-year growth 2022-2027 (%)

• 6.6 Paints and coatings - Market size and forecast 2022-2027 
• Exhibit 44: Chart on Paints and coatings - Market size and forecast 2022-2027 ($ million)
• Exhibit 45: Data Table on Paints and coatings - Market size and forecast 2022-2027 ($ million)
• Exhibit 46: Chart on Paints and coatings - Year-over-year growth 2022-2027 (%)
• Exhibit 47: Data Table on Paints and coatings - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 52: Market opportunity by End-user ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview
• Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 54: Chart on Market share by geography 2022-2027 (%)
• Exhibit 55: Data Table on Market share by geography 2022-2027 (%)

• 8.2 Geographic comparison 
• Exhibit 56: Chart on Geographic comparison
• Exhibit 57: Data Table on Geographic comparison

• 8.3 APAC - Market size and forecast 2022-2027 
• Exhibit 58: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 59: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 61: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 8.4 North America - Market size and forecast 2022-2027 
• Exhibit 62: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 65: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 8.5 Europe - Market size and forecast 2022-2027 
• Exhibit 66: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 69: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 8.6 South America - Market size and forecast 2022-2027 
• Exhibit 70: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 8.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 74: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 8.8 US - Market size and forecast 2022-2027 
• Exhibit 78: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on US - Year-over-year growth 2022-2027 (%)

• 8.9 India - Market size and forecast 2022-2027 
• Exhibit 82: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 85: Data Table on India - Year-over-year growth 2022-2027 (%)

• 8.10 Germany - Market size and forecast 2022-2027 
• Exhibit 86: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 89: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 8.11 China - Market size and forecast 2022-2027 
• Exhibit 90: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 93: Data Table on China - Year-over-year growth 2022-2027 (%)

• 8.12 Canada - Market size and forecast 2022-2027 
• Exhibit 94: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 97: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 8.13 Market opportunity by geography 
• Exhibit 98: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 99: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 100: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 101: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 102: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 103: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 104: Matrix on vendor position and classification

• 11.3 Arkema Group
• Exhibit 105: Arkema Group - Overview
• Exhibit 106: Arkema Group - Business segments
• Exhibit 107: Arkema Group - Key news
• Exhibit 108: Arkema Group - Key offerings
• Exhibit 109: Arkema Group - Segment focus

• 11.4 BASF SE
• Exhibit 110: BASF SE - Overview
• Exhibit 111: BASF SE - Business segments
• Exhibit 112: BASF SE - Key news
• Exhibit 113: BASF SE - Key offerings
• Exhibit 114: BASF SE - Segment focus

• 11.5 DuPont de Nemours Inc. 
• Exhibit 115: DuPont de Nemours Inc. - Overview
• Exhibit 116: DuPont de Nemours Inc. - Business segments
• Exhibit 117: DuPont de Nemours Inc. - Key news
• Exhibit 118: DuPont de Nemours Inc. - Key offerings
• Exhibit 119: DuPont de Nemours Inc. - Segment focus

• 11.6 Eastman Chemical Co.
• Exhibit 120: Eastman Chemical Co. - Overview
• Exhibit 121: Eastman Chemical Co. - Business segments
• Exhibit 122: Eastman Chemical Co. - Key offerings
• Exhibit 123: Eastman Chemical Co. - Segment focus

• 11.7 Leo Chemo Plast Pvt. Ltd. 
• Exhibit 124: Leo Chemo Plast Pvt. Ltd. - Overview
• Exhibit 125: Leo Chemo Plast Pvt. Ltd. - Product / Service
• Exhibit 126: Leo Chemo Plast Pvt. Ltd. - Key offerings

• 11.8 Nanjing Qinzuofu Chemical Co. Ltd. 
• Exhibit 127: Nanjing Qinzuofu Chemical Co. Ltd. - Overview
• Exhibit 128: Nanjing Qinzuofu Chemical Co. Ltd. - Product / Service
• Exhibit 129: Nanjing Qinzuofu Chemical Co. Ltd. - Key offerings

• 11.9 OQ SAOC
• Exhibit 130: OQ SAOC - Overview
• Exhibit 131: OQ SAOC - Product / Service
• Exhibit 132: OQ SAOC - Key offerings

• 11.10 Restek Corp.
• Exhibit 133: Restek Corp. - Overview
• Exhibit 134: Restek Corp. - Product / Service
• Exhibit 135: Restek Corp. - Key offerings

• 11.11 Shanghai Jianbei Organic Chemical Co. Ltd. 
• Exhibit 136: Shanghai Jianbei Organic Chemical Co. Ltd. - Overview
• Exhibit 137: Shanghai Jianbei Organic Chemical Co. Ltd. - Product / Service
• Exhibit 138: Shanghai Jianbei Organic Chemical Co. Ltd. - Key offerings

• 11.12 Solvay SA
• Exhibit 139: Solvay SA - Overview
• Exhibit 140: Solvay SA - Business segments
• Exhibit 141: Solvay SA - Key news
• Exhibit 142: Solvay SA - Key offerings
• Exhibit 143: Solvay SA - Segment focus

• 11.13 Tokyo Chemical Industry Co. Ltd. 
• Exhibit 144: Tokyo Chemical Industry Co. Ltd. - Overview
• Exhibit 145: Tokyo Chemical Industry Co. Ltd. - Product / Service
• Exhibit 146: Tokyo Chemical Industry Co. Ltd. - Key offerings

• 11.14 Zhejiang Jianye Chemical Co. Ltd. 
• Exhibit 147: Zhejiang Jianye Chemical Co. Ltd. - Overview
• Exhibit 148: Zhejiang Jianye Chemical Co. Ltd. - Product / Service
• Exhibit 149: Zhejiang Jianye Chemical Co. Ltd. - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 150: Inclusions checklist
• Exhibit 151: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 152: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 153: Research methodology
• Exhibit 154: Validation techniques employed for market sizing
• Exhibit 155: Information sources

• 12.5 List of abbreviations 
• Exhibit 156: List of abbreviations

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