Benzylamine Market to Observe Strong Development | 2026
Benzylamine
is an organic compound colorless liquid with strong odor of ammonia.
Benzylamine is also found in apple. It consists of benzyl group
attached to an amine functional group. Benzylamine is a common
precursor in organic synthesis. It is found in a plant called Moringa
oleifera, which is used to treat diabetes in traditional medicine.
Benzylamine has the boiling point of 185°C. It can be produced by
reaction between benzyl chloride and ammonia. Benzylamine has strong
alkaline properties. It is totally soluble in water. Benzylamine is
miscible in ethanol, diethyl ether, and acetone. Benzylamine is a
masked source of ammonia. It is also called as N-benzylamine,
monobenzylamine, benzene methanamine, phenyl methylamine, or
aminotoluene. Benzylamine is considered a versatile intermediate for
a variety of applications. Benzylamine and its derivatives are used
as chemical intermediates in the production of textile auxiliaries,
agrochemicals, dye stuff, pigments, amino acids, and other organic
compounds. The wide range of applications in various end-user
industries such as pharmaceutical, chemical, agrochemicals, paints &
coatings, textile, and animal health drives the demand for
benzylamine.
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Benzylamine
Market: Segmentation
Based
on end-user industry, the benzylamine market can be segmented into
pharmaceutical, agrochemicals, paints & coatings, textile,
chemical, and others. The paints & coatings segment can be
sub-segmented into industrial coatings and transportation coatings.
The chemical segment is expected to hold a prominent market share
during the forecast period. It is used as a precursor in several
chemical synthesis processes that are employed for deriving different
chemical compounds. However, the pharmaceutical segment is
anticipated to register a significant growth rate during the forecast
period. Benzylamine is used as a building block for chemical
synthesis; for example, in the production of active pharmaceutical
ingredients (APIs). In the agriculture industry, benzylamine is used
in the production of agrochemicals. However, overall share of
benzylamine in agrochemicals is expected to decline during the
forecast period owing to change in trend toward use of biopesticides
led by environmental constraints is a major factor responsible for
the anticipated decline in the market share held by the agrochemicals
segment.
Benzylamine
Market: Region-wise Outlook
Based
on region, the global benzylamine market can be divided into North
America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. In terms of demand, Asia Pacific expected to hold a major
share of the global benzylamine market in 2017 and the same trend is
likely to continue during the forecast period. The market in Asia
Pacific is projected to expand at a significant growth rate during
the forecast period. Growth of the pharmaceutical industry (wherein
benzylamine is largely used as a precursor in the production of
drugs) and growth of end-user industries such as agrochemicals,
textile, plastics, and paints & coatings are major factors
anticipated to boost the demand for benzylamine in Asia Pacific
during the forecast period. China and India are expected to hold a
major share of the market for benzylamine in APAC during the forecast
period. Europe is anticipated to follow Asia Pacific between 2018 and
2026. It would be followed by North America from 2018 to 2026. The
market in Latin America and Middle East & Africa is anticipated
to register a sluggish growth rate during the forecast period.
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Benzylamine
Market: Key Players
A
large number of companies operate in the global benzylamine market.
Several regional and local traders, distributors, and importers that
supply benzylamine to end-users operate in the market. Prominent
companies operating in the benzylamine market are Lanxess, Eastman
Chemical Company, BASF AG, KOEI CHEMICAL Co., Ltd., and Shandong
Yuexing Chemical Co., Ltd.

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