Global Methylamine Market Size, Share, and COVID-19 Impact Analysis, By Form (Gas and Liquid), By End User (Agricultural Chemicals, Pharmaceuticals, Solvents, Plastics, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035
Industry: Chemicals & MaterialsGlobal Methylamine Market Insights Forecasts to 2035
- The Global Methylamine Market Size Was Estimated at USD 2.42 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 4.65% from 2025 to 2035
- The Worldwide Methylamine Market Size is Expected to Reach USD 3.99 Billion by 2035
- North America is expected to grow the fastest during the forecast period.
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According to a research report published by Spherical Insights and Consulting, the global methylamine market size was worth around USD 2.42 billion in 2024, growing to USD 2.50 billion in 2025, and is predicted to grow to around USD 3.99 billion by 2035 with a compound annual growth rate (CAGR) of 4.65% from 2025 to 2035. Increased use of specialty chemicals, growing application in emerging economies, and growing demand in the chemical, pharmaceutical, and agricultural sectors are all propelling opportunities for expansion in the methylamine market.
Global Methylamine Market Forecast and Revenue Size
- 2024 Market Size: USD 2.42 Billion
- 2025 Market Size: USD 2.50 Billion
- 2035 Projected Market Size: USD 3.99 Billion
- CAGR (2025-2035): 4.65%
- Asia Pacific: Largest market in 2024
- North America: Fastest growing market
Market Overview
The global ecosystem that includes the manufacturing, distribution, and consumption of methylamine (CH3NH2), a basic aliphatic amine that is mostly produced by the reaction of methanol and ammonia, is referred to as the methylamine market. The production of a wide range of end products in important industries, such as pharmaceuticals, agrochemicals, and specialty chemicals, depends on methylamine, a crucial chemical intermediate. According to Balaji Amines announced that its 40,000 tonne/year methyl amines plant at the Solapur greenfield chemicals project in Maharashtra is expected to be commissioned in the second half of fiscal 2023-24, with operations beginning by March 2024. One of the key elements that is anticipated to encourage product acceptance is the expansion of healthcare infrastructure and the growing agricultural sector in several nations, including China, India, and the United States. The methylamine market can increase largely due to rising demand from the chemical, pharmaceutical, and agricultural sectors. The global consumption of pharmaceutical products is significantly influenced by the growing pharmaceutical industry.
Key Market Insights
- Asia Pacific is expected to account for the largest share in the methylamine market during the forecast period.
- In terms of form, the gas segment is projected to lead the methylamine market throughout the forecast period
- In terms of end user, the pharmaceuticals segment captured the largest portion of the market
Methylamine Market Trends
- Growing Pharmaceutical Demand: Methylamine is being used more often as an intermediary in the manufacturing of active pharmaceutical ingredients (APIs).
- Growth in Agrochemicals: The market is expanding as a result of the growing usage of agrochemicals in the production of fungicides, herbicides, and pesticides.
- Increase in Industrial End Users: More use in the production of rubber compounds, surfactants, and solvents.
- Technological Advancements: Better production methods that have a smaller environmental impact and are more efficient.
- Growing industrialization in Latin America and Asia-Pacific is fueling demand in emerging markets.
Report Coverage
This research report categorizes the methylamine market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the methylamine market. Recent market developments and competitive strategies, such as expansion, Form launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the methylamine market.
Global Methylamine Market Report Coverage
Report Coverage | Details |
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Base Year: | 2024 |
Market Size in 2024: | USD 2.42 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 4.65% |
2035 Value Projection: | USD 3.99 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 240 |
Tables, Charts & Figures: | 122 |
Segments covered: | By Form, By End User and By Region |
Companies covered:: | BASF, Chemanol, Arclin, Balaji Amines, Sigma Aldrich, Dow Chemical, Fisher Scientific, Otto Chemie Pvt. Ltd., Huntsman Corporation, Alkyl Amines Chemicals, Eastman Chemical Company, Alkyl Amines Chemicals Limited, Hefei TNJ Chemical Industry Co., Ltd., Mitsubishi Gas Chemical Company, Inc., Others, and |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving factors:
Growing demand from a variety of sectors is propelling the methylamine market's noteworthy expansion. Growing demand in a variety of industrial End Users, especially in medicines and agriculture, seems to be driving a significant change in the worldwide methylamine market. Furthermore, trustworthy chemical intermediates like methylamine are needed for the creation of novel medication formulations and tailored treatment. Therefore, the methylamine market is anticipated to increase as a result of rising health consciousness. Growing R&D expenditures may result in new uses for methylamine, which would increase its market share.
Restraining Factors:
High manufacturing and storage costs, possible health risks from exposure, and strict environmental and safety laws are all factors restricting the methylamine market's growth. For manufacturers, these issues present significant challenges that restrict widespread adoption and market growth.
Market Segmentation
The global Methylamine market is divided into form and end user.
Global Methylamine Market, By Form:
Where is gas methylamine commonly utilized in industrial applications?
The gas segment led the methylamine market, generating the largest revenue share. Gas methylamine is frequently utilized in industrial settings since it is easy to handle in regulated settings and works well with a variety of chemical reactions. It is especially useful in large-scale manufacturing settings since it can be effectively incorporated into automated systems and transported through pipelines. The gaseous form is frequently used in the manufacturing of solvents, insecticides, and medications.
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The liquid segment in the methylamine market is expected to grow at the fastest CAGR over the forecast period. liquid methylamine is easier to store and incorporate into chemical reactions that call for solution-based inputs; it is the favored option in many applications. The synthesis of resins, dyes, surfactants, and other specialty compounds is one of its many applications.
Global Methylamine Market, By End User:
Why is methylamine used in the synthesis of pharmaceutical substances and intermediates?
The pharmaceuticals segment held the largest market share in the methylamine market. A common building block for the synthesis of many active pharmaceutical substances and intermediates is methylamine. Furthermore, the requirement for trustworthy chemical intermediates has increased due to the growth of pharmaceutical manufacture in emerging economies.
The agricultural chemicals segment in the methylamine market is expected to grow at the fastest CAGR over the forecast period. In the agricultural chemicals business, the methyl-based amine is an essential intermediary used in the production of fungicides, herbicides, and insecticides. Methylamine-based agrochemicals are becoming more and more in demand as agricultural methods throughout the world move toward greater output and efficiency.
Regional Segment Analysis of the Global Methylamine Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific Methylamine Market Trends
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Why is Asia Pacific a key region in the methylamine market?
Asia Pacific is a region driven by rapidly increasing end-use sectors, population growth, and industrialization. Countries like China, India, and Japan make significant contributions because of their vast plastic, pharmaceutical, and agrochemical production sectors. Chemical industry attracts both domestic and foreign investment due to lower production costs, easy access to raw materials, and supportive government regulations. According to research by the methylamine prices in India steadied at 841 USD/MT in March of 2025, helped by steady agricultural and pharmaceutical uptake.
Japan Methylamine Market Trends
What factors are supporting the growth of the methylamine market in Japan?
Methylamine consumption in Japan reached about 52,000 tons in 2024, showing a modest recovery that closely matched domestic output levels. The Japan market value was assessed at roughly USD 57 million, demonstrating stable demand across key sectors such as pharmaceuticals, agrochemicals, and industrial chemicals. Due to supplies from nations like South Korea, India, and Turkey, imports rose sharply, while export volumes fell even if unit prices rose.
China Methylamine Market Trends
What is the current consumption of methylamine in China?
China's methylamine market, where output is somewhat higher at 658,000 tons, and consumption is around 652,000 tons. The market's robust demand from the chemical, pharmaceutical, and agrochemical production industries contributed to its estimated USD 893 million valuation. Market prices rose as a result of post-holiday logistical limitations and rising feedstock costs, even with little volume growth.
North America Methylamine Market Trends
Which end-use sectors are contributing to the steady demand for methylamine in North America?
North America is propelled by steady demand from important end-use sectors such industrial chemicals, agrochemicals, and medicines. The growing use of methylamine in the synthesis of numerous chemical compounds, especially in crop protection products and pharmaceutical intermediates, is what is driving this increase. The market does, however, additionally confront difficulties, such as strict regulations, the expense of environmental compliance, and changes in the price of feedstocks, especially ammonia.
U.S Methylamine Market Trends
Why is methylamine consumption high in the United States?
The market is mostly driven by demand from the production of specialized chemicals, agrochemicals, and pharmaceuticals. High levels of consumption, particularly in the United States, are fueled by sophisticated medication and pesticide manufacturing as well as stringent product quality requirements. Rising feedstock costs and product specialization are likely to drive a greater rate of market value growth, even with low volume growth predictions. Strong indigenous production capability reduces reliance on imports for the region.
Canada Methylamine Market Trends
What factors contribute to maintaining reasonable methylamine consumption levels in Canada?
Canada's consistent demand from industrial, agricultural, and pharmaceutical End Users helped to maintain reasonable levels of consumption. To achieve certain quality requirements, the market is characterized by a reliance on indigenous manufacturing that is augmented by selective imports. Growing End Users in regulated sectors and specialized chemicals are key drivers of growth possibilities. Changes in feedstock prices and regulatory compliance still have a bearing on Canadian market dynamics.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global Methylamine market, along with a comparative evaluation primarily based on their Form of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes Form development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Worldwide Top Key Players in The Methylamine Market Include
- BASF
- Chemanol
- Arclin
- Balaji Amines
- Sigma Aldrich
- Dow Chemical
- Fisher Scientific
- Otto Chemie Pvt. Ltd.
- Huntsman Corporation
- Alkyl Amines Chemicals
- Eastman Chemical Company
- Alkyl Amines Chemicals Limited
- Hefei TNJ Chemical Industry Co., Ltd.
- Mitsubishi Gas Chemical Company, Inc.
- Others
Recent Development
- In September 2024, BASF lunched the opening of a new, global alkyl ethanolamine production facility at its Antwerp Verbund location. The company's production capacity for alkyl ethanolamines, such as dimethyl ethanolamine (DMEOA) and methyl diethanolamine (MDEOA), would increase by about 30% to more than 140,000 tons annually with this new investment.
- In February 2024, OQEMA and BASF announced their collaboration to extend their amines product portfolio and strengthen their market position, aiming to enhance customer offerings and drive growth across key European markets.
- In December 2023, BASF announced the completion of its capacity expansion for key specialty amines in the U.S. The expansion will enable increased production of polyetheramines and amine catalysts, marketed under its well-known Baxxodur and Lupragen™ brands, supporting growing demand.
- In February 2022, Eastman Chemical Company announced the completion of its tertiary amine capacity expansion, primarily for DIMLA 1214, at its Ghent, Belgium, and Pace, Florida sites. The expansion will help meet growing customer demand across key global markets.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the methylamine market based on the following segments:
Global Methylamine Market, By Form
- Gas
- Liquid
Global Methylamine Market, By End User
- Agricultural Chemicals
- Pharmaceuticals
- Solvents
- Plastics
- Others
Global Methylamine Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the methylamine market over the forecast period?The global methylamine market is projected to expand at a CAGR of 4.65% during the forecast period.
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2. What is the market size of the methylamine market?The global methylamine market size is expected to grow from USD 2.42 billion in 2024 to USD 3.99 billion by 2035, at a CAGR 4.65% of during the forecast period 2025-2035.
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3. Which region holds the largest share of the methylamine market?Asia Pacific is anticipated to hold the largest share of the methylamine market over the predicted timeframe.
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4. Who are the top companies operating in the global methylamine market?BASF, Chemanol, Arclin, Balaji Amines, Sigma Aldrich, Dow Chemical, Fisher Scientific, Otto Chemie Pvt. Ltd., Huntsman Corporation, Alkyl Amines Chemicals, Eastman Chemical Company, Alkyl Amines Chemicals Limited, Hefei TNJ Chemical Industry Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and others.
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5. What factors are driving the growth of the methylamine market?The methylamine market growth is driven by rising demand in pharmaceuticals, agrochemicals, advanced chemical manufacturing, technological advancements, and increasing industrialization in emerging economies worldwide.
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6. What are market trends in the methylamine market?Market trends include increasing focus on specialty methylamine derivatives, expansion of production capacities, integration of sustainable manufacturing processes, and rising End Users in pharmaceuticals and agrochemical sectors.
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7. What are the main challenges restricting wider adoption of the methylamine market?Key challenges include stringent environmental regulations, fluctuating raw material prices, safety concerns during production and handling, and complexities in complying with global regulatory standards, restricting the broader market.
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