The global tert-Butylamine (tBA) market is forecast to reach USD 480.1 Million by 2028, according to a new report by Reports and Data. It is an environment-friendly organic compound and is a primary raw material for the synthesis of various organic compounds such as rubber additives, pesticides, and dyes, among others.
The compound is a primary chemical intermediate for the production of antihypertensive drugs, used in the treatment of high blood pressure and the production of Terbutaline drugs applicable in asthma and bronchitis treatment. Tert-Butylamine is an effective solution for the removal of surfactants such as Polyvinylpyrrolidone (PVP) surfactants and capping agents like Potassium Bromide (KBr) from the nanoparticle surface.
The high demand for tert-Butylamine in healthcare and medical sectors along with the eco-friendly nature of the compound are driving the market. Factors expected to hamper the market for tert-Butylamine are the fluctuations in the prices of raw materials.
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The Asia Pacific region is expected to dominate the market for tert-Butylamine. Constant growth in the demand for rubber and pharmaceutical industries are propelling the demand for the market. Implementation of government policies for the development of the agricultural industry are anticipated to boost the consumption of the market in agricultural nations such as India and China.
Key participants include:
Zibo Fufeng Chemical Co., Ltd., BASF SE, Linshu Huasheng Chemical Co., Ltd., Sterling Chemicals, Tianjin Luhua Chemical Co., Ltd., Shandong Yanggu Huatai Chemical Co., Ltd., Eastman Chemical Company, Vinati Organics Limited, Zibo Luhua Hongjin New Material Co., Ltd., and Chemopharma, among others.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented into the global tert-Butylamine (tBA) market on the basis of product type, application, end-use industry, and region:
Product Type Outlook (Volume: Kilo Tons; Revenue: USD Million; 2018-2028)
Application Outlook (Volume: Kilo Tons; Revenue: USD Million; 2018-2028)
End-Use Industry Outlook (Volume: Kilo Tons; Revenue: USD Million; 2018-2028)
Regional Outlook (Volume: Kilo Tons; Revenue: USD Million; 2018-2028)
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