Global Methylamine Market Outlook to 2026
Methylamine (CH3NH2) is the simplest primary amine, which is a colorless gas with a fish-like odor. It is prepared by Hofmann Rearrangement at a laboratory scale and by the reaction of methanol with ammonia under a catalyst at a commercial scale. So, it's a derivative of ammonia, where a methyl group replaces one hydrogen atom. It is widely used in pesticides and pharmaceuticals. Methylamine is usually transported in the anhydrous form in pressurized containers. It causes irritation to the nose and throat if inhaled at very high concentrations.
According to Researcher, the global Methylamine market is expected to witness a considerable growth rate during the forecast period. The Major applications of methylamine are in the electronics, pharmaceuticals, and agriculture sectors, which are driving the market. The agricultural segment is likely to dominate the market share owing to its high demand for pesticides where methylamines are used. The increase in population is an opportunity for the market since it accelerates the growth of the agricultural industry. Methylamine usually exists in 2 forms, i.e., liquid and gas, among which liquid is the primary type and dominates the market share.
Globally, North America dominates the global methylamine market in terms of consumption. The Asia-pacific region is the second-largest market and is likely to grow faster in the forecast period due to high demand from emerging economies like India and China for agricultural purposes.
The global Methylamine market is consolidated. The major players in the global Aniline market are BASF SE, Eastman Chemical Company, Balchem Corporation, Alkyl Amines Chemicals Ltd., among others.
Global Methylamine Market report provides deep insight into the current and future state of the Methylamine market across various regions. The study comprehensively analyzes the Methylamine market by segmenting based on type (gas and liquid), application (Alkyl Alkanolamines, N-methylpyrrolidone, Pesticides, Pharmaceuticals & other applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
According to Researcher, the global Methylamine market is expected to witness a considerable growth rate during the forecast period. The Major applications of methylamine are in the electronics, pharmaceuticals, and agriculture sectors, which are driving the market. The agricultural segment is likely to dominate the market share owing to its high demand for pesticides where methylamines are used. The increase in population is an opportunity for the market since it accelerates the growth of the agricultural industry. Methylamine usually exists in 2 forms, i.e., liquid and gas, among which liquid is the primary type and dominates the market share.
Globally, North America dominates the global methylamine market in terms of consumption. The Asia-pacific region is the second-largest market and is likely to grow faster in the forecast period due to high demand from emerging economies like India and China for agricultural purposes.
The global Methylamine market is consolidated. The major players in the global Aniline market are BASF SE, Eastman Chemical Company, Balchem Corporation, Alkyl Amines Chemicals Ltd., among others.
Global Methylamine Market report provides deep insight into the current and future state of the Methylamine market across various regions. The study comprehensively analyzes the Methylamine market by segmenting based on type (gas and liquid), application (Alkyl Alkanolamines, N-methylpyrrolidone, Pesticides, Pharmaceuticals & other applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
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BQ-18359720
04-Jan-2021
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04-Jan-2021
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