Monoisopropylamine Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By End-Use (Agrochemicals, Pharmaceuticals, Surfactants, Others), By Sales Channel (Direct Sale, Indirect Sale), By Region and Competition, 2020-2035F

Market Overview

Global Monoisopropylamine Market was valued at 267.34 Thousand Tonnes in 2024 and is expected to reach 441.78 Thousand Tonnes by 2035 with a CAGR of 4.70% during the forecast period. 

The Global Monoisopropylamine Market is witnessing steady growth due to the increasing demand for this chemical in various industrial applications. Monoisopropylamine (MIPA) is an organic compound primarily used in the manufacturing of herbicides, surfactants, and pharmaceuticals. It serves as a key ingredient in the synthesis of agrochemicals, especially herbicides like glyphosate, driving significant demand from the agricultural sector. The 2022 Agricultural Chemical Use Survey, conducted by NASS, gathered data on the application of fertilizers, pesticides, and pest management practices across 22 vegetable crops. This survey targeted producers in 17 states, with a particular emphasis on those states that are significant producers of the surveyed crops. Snap bean growers applied herbicides to 78% of their planted acres, surpassing the use of insecticides and fungicides, which were applied to 52% and 41% of planted acres, respectively. The rising global demand for crop protection solutions and sustainable agricultural practices is expected to further propel market growth. In addition to its agricultural applications, MIPA is utilized in the production of surfactants and cleaning agents, contributing to its expanding presence in the personal care and household cleaning industries. The growing trend of personal hygiene products and household care is creating opportunities for market expansion. Furthermore, MIPA is used in the formulation of corrosion inhibitors, textiles, and pharmaceuticals, broadening its application scope.

Geographically, the Asia Pacific region is one of the largest consumers of MIPA, driven by rapid industrialization, a strong agricultural base, and increasing investments in agrochemical production. North America and Europe also hold significant market shares, primarily due to the advanced pharmaceutical and agrochemical industries.  However, the market faces challenges related to environmental concerns regarding chemical waste and the need for sustainable production processes. Regulatory frameworks aimed at controlling hazardous chemicals further influence the production and consumption dynamics. Despite these challenges, the Global Monoisopropylamine Market is expected to grow as demand for crop protection, cleaning agents, and pharmaceuticals continues to rise, along with innovations in manufacturing processes to mitigate environmental impacts.

Key Market Drivers

Rising Demand for Herbicides in Agriculture

The increasing demand for herbicides, particularly in the context of global agricultural growth, remains one of the primary drivers for the Global Monoisopropylamine (MIPA) Market. MIPA is a critical ingredient in the formulation of glyphosate-based herbicides, which are extensively used worldwide for weed control in various crops such as soybeans, corn, cotton, and wheat. The global rise in population has led to greater pressure on food production systems, resulting in a significant surge in the need for agricultural productivity. Herbicides help improve crop yields by reducing the competition from weeds, which can severely affect the growth of crops. As more farmers seek efficient methods for weed control, MIPA’s role in herbicide production becomes increasingly important. Additionally, the growing trend toward large-scale farming and monoculture practices requires the use of herbicides to manage the vast amounts of crops planted on a single field. The global push for sustainable agricultural practices further boosts the adoption of MIPA-based herbicides. These herbicides, especially glyphosate, are often considered more eco-friendly compared to traditional, chemical-intensive weed control methods. Moreover, regulatory pressures on the agriculture sector are pushing for the use of safer, more effective chemicals that minimize environmental and health risks, thereby promoting the consumption of MIPA. As emerging markets in Asia, Africa, and Latin America continue to develop their agricultural sectors, the demand for herbicides to support growing food production needs is expected to increase. MIPA's critical role in these formulations positions it as a key chemical in meeting global agricultural challenges, thereby ensuring continued demand growth.

Expanding Personal Care and Household Products Market

Monoisopropylamine is increasingly important in the personal care and household products markets, where it is used as a raw material for the production of surfactants. These surfactants, including amides, amines, and alkylated amines, are essential components in many everyday products such as shampoos, soaps, detergents, and cleaning agents. Health, Residential, and Personal Care Services encompass expenditures for medical services typically provided in non-traditional settings, such as schools, community centers, workplaces, as well as by ambulance services and residential mental health and substance abuse facilities. Spending in this category increased by 9.7% in 2022, reaching $246.5 billion, a rise from the 6.7% growth in 2021. The accelerated growth in 2022 was mainly attributed to a significant rise in spending for Medicaid home and community-based waivers. The growing demand for personal care products, driven by increasing disposable incomes and the rising awareness of hygiene and grooming, is a significant factor driving the MIPA market. Consumers are becoming more conscious of the ingredients in their daily-use products, with a preference for formulations that are both effective and safe.  Health, Residential, and Personal Care Services encompass expenditures for medical services typically provided in non-traditional settings, such as schools, community centers, workplaces, as well as by ambulance services and residential mental health and substance abuse facilities. Spending in this category increased by 9.7% in 2022, reaching $246.5 billion, a rise from the 6.7% growth in 2021. The accelerated growth in 2022 was mainly attributed to a significant rise in spending for Medicaid home and community-based waivers.

This has led to the development of new surfactant technologies, where MIPA plays a crucial role. Moreover, there is a noticeable shift in consumer preferences towards eco-friendly and biodegradable personal care products. As sustainability becomes a higher priority, manufacturers are formulating products with less environmental impact, often utilizing MIPA-based surfactants due to their superior performance in cleaning and biodegradability. This trend is evident in the growth of organic and natural personal care products that rely on these sustainable ingredients. The expansion of the global household products market also contributes to the growing demand for MIPA, particularly in cleaning agents, detergents, and fabric softeners. The increasing demand for high-performance, eco-friendly, and multipurpose cleaning products is pushing companies to explore new ingredients like MIPA, which can improve product efficacy while aligning with sustainability goals. In addition, the growth of online retail platforms for personal care and household products has made it easier for consumers to access a wide range of such products, further driving the market for MIPA-based formulations.

Increased Use of MIPA in Pharmaceuticals

The pharmaceutical industry represents a significant and growing segment of the Monoisopropylamine market. MIPA is widely used in the synthesis of a variety of active pharmaceutical ingredients (APIs), particularly in the production of antihistamines, antibiotics, and analgesics. The rise in chronic diseases, an aging global population, and increasing healthcare access have led to heightened demand for pharmaceutical products. According to IBEF data, India boasts the largest number of USFDA-compliant pharmaceutical plants outside the United States and more than 2,000 WHO-GMP certified facilities. These facilities cater to demand from over 150 countries globally, with a total of more than 10,500 manufacturing sites.

This surge in demand creates a substantial need for chemical intermediates like MIPA that are vital for drug manufacturing. The pharmaceutical industry is under constant pressure to develop innovative treatments that can address a variety of health conditions. As a result, MIPA is increasingly being used in the development of new drug delivery systems, which allow for more effective and targeted treatments. Moreover, MIPA is used to synthesize compounds that facilitate the creation of vaccines, a crucial area of focus given the global health crises like the COVID-19 pandemic. The pharmaceutical sector’s shift towards personalized medicine also favors the use of MIPA in the development of tailored drug formulations. As new molecular entities are being developed, MIPA serves as a versatile building block for these cutting-edge therapies. Additionally, the rise in over-the-counter (OTC) drugs and self-medication practices globally is driving the need for pharmaceutical ingredients like MIPA in everyday medicines. As healthcare spending continues to grow, especially in emerging economies, the demand for high-quality pharmaceuticals, and the chemicals used in their production, such as MIPA, will follow suit. Pharmaceutical companies are also focusing on reducing the time-to-market for new drugs, which has led to an increased reliance on efficient chemical intermediates like MIPA to speed up production cycles, further enhancing the market potential for MIPA.

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Key Market Challenges

Regulatory Challenges and Compliance Issues

The Global Monoisopropylamine Market faces significant challenges due to the complex and stringent regulatory landscape that governs its production, distribution, and usage. As a chemical compound with various industrial applications, including in the production of herbicides, pharmaceuticals, and surfactants, monoisopropylamine is subject to regulations from multiple bodies, including the Environmental Protection Agency (EPA) in the United States, the European Chemicals Agency (ECHA) in Europe, and other national or regional environmental and health authorities. The increasing focus on environmental sustainability, worker safety, and product traceability has led to heightened scrutiny on chemicals like monoisopropylamine.

Companies in this market must comply with regulations governing the safe handling, transportation, and disposal of chemicals, as well as those related to emissions, product formulations, and end-user safety. Non-compliance can result in substantial fines, product recalls, and reputational damage, further straining market participants. In particular, regulations such as REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) in Europe and TSCA (Toxic Substances Control Act) in the U.S. may impose restrictions on the use of certain chemicals, making it challenging for manufacturers to meet compliance standards without extensive investments in research and development (R&D) to adjust their product formulations.

Volatile Raw Material Prices and Supply Chain Disruptions

Another major challenge confronting the Global Monoisopropylamine Market is the volatility of raw material prices and supply chain disruptions. Monoisopropylamine is derived from petrochemical feedstocks, particularly isopropanol and ammonia, both of which are susceptible to fluctuations in global commodity prices. The prices of these raw materials are influenced by a range of factors, including geopolitical tensions, fluctuations in crude oil prices, and changes in production capacities in major supply regions. These volatile prices directly impact the production cost of monoisopropylamine and, in turn, influence the final price of the product. For instance, the COVID-19 pandemic has highlighted the vulnerability of global supply chains, as lockdowns, transportation restrictions, and labor shortages led to significant disruptions in the supply of critical raw materials. While the situation has stabilized in many regions, periodic disruptions continue to impact supply chains, leading to shortages, increased prices, and delays. Additionally, the reliance on petrochemical-based raw materials means that the Global Monoisopropylamine Market is also affected by fluctuations in the global energy sector, making long-term price forecasting and cost control difficult.

To mitigate these risks, companies often seek to establish long-term contracts with suppliers to secure raw material prices or diversify their supply sources. However, these strategies come with their own set of challenges, including managing relationships with multiple suppliers, negotiating favorable terms, and ensuring that supply chains remain robust amid global uncertainties. Furthermore, supply chain inefficiencies, transportation bottlenecks, and the rising cost of logistics continue to exacerbate the challenges of raw material procurement.

Key Market Trends

Growth in the Automotive Industry

Monoisopropylamine is becoming increasingly valuable in the automotive industry, where it is utilized in the formulation of corrosion inhibitors, coolants, and lubricants. The global automotive industry, especially in emerging economies, has experienced robust growth in recent years. As vehicle production and ownership rise, so does the demand for automotive fluids, which help maintain vehicle performance and longevity.  In April 2024, Fueled by the surge in automobile production in China, Nipsea Group, the parent company of Nippon Paint China, is set to launch a new plant in Tianjin in June with an investment of 960 million yuan ($133 million). The Singapore-based company’s Tianjin facility will specialize in industrial coatings to address the growing demand from China’s automotive sector.

 MIPA-based additives play a critical role in improving the effectiveness of these fluids, providing enhanced protection for engine parts, preventing corrosion, and reducing wear and tear. As vehicles are exposed to harsh weather conditions, corrosion resistance becomes essential, especially in regions with high humidity or road salt use. The demand for high-performance lubricants and corrosion inhibitors is expected to grow in tandem with the increasing number of vehicles on the road. Furthermore, the trend towards electric vehicles (EVs) and hybrid vehicles, which require specialized lubricants and cooling systems, has expanded the scope for MIPA-based products. Electric vehicles, with their unique components such as high-voltage batteries and electric motors, need specially formulated coolants and corrosion inhibitors to ensure optimal performance. As the EV market continues to grow, MIPA-based solutions are set to play a crucial role in supporting the performance and durability of these advanced vehicles. The automotive sector’s focus on fuel efficiency and vehicle performance has further fueled the adoption of MIPA-based products in the production of automotive fluids and additives. With an increasing number of automobile manufacturers incorporating MIPA-based ingredients into their formulations, the growth in global vehicle production and sales will continue to drive the demand for MIPA.

Technological Advancements in MIPA Production

The ongoing advancements in the production technology for Monoisopropylamine are significantly contributing to the market's growth. As demand for MIPA rises across various industries, manufacturers are focusing on improving the efficiency of its production processes to meet the growing needs of end-users. Innovations in catalytic processes, including the development of more efficient catalysts, are making MIPA production more cost-effective and sustainable. These advancements help reduce raw material costs, optimize reaction conditions, and enhance yield, making MIPA a more attractive option for industries such as agriculture, pharmaceuticals, and automotive. Moreover, improvements in reaction mechanisms are enabling the production of MIPA at higher purity levels, which is critical for applications in sensitive sectors like pharmaceuticals and food-grade products. Another key trend is the adoption of greener manufacturing technologies that reduce the environmental footprint of MIPA production. Manufacturers are increasingly adopting bio-based feedstocks and processes that minimize energy consumption and reduce harmful emissions. These innovations not only help meet regulatory standards but also align with the growing consumer demand for sustainably produced products. The development of green MIPA production methods is expected to attract investment from industries and consumers alike, driving the market further. Furthermore, advancements in automation and process control systems in MIPA production facilities allow for more precise control over the production process, improving consistency and reducing the risk of defects. These technological advancements in MIPA production ensure that manufacturers can meet the rising demand for this versatile chemical while maintaining cost-effectiveness and sustainability, making it a key enabler for market expansion.

Segmental Insights  

End-Use Insights

Based on the End-Use, The Agrochemicals segment was dominating the Global Monoisopropylamine Market. Monoisopropylamine is widely used in the agrochemical industry, primarily in the formulation of herbicides, fungicides, and insecticides. It plays a crucial role in the synthesis of chemicals like glyphosate, one of the most common and effective herbicides globally. The increasing demand for high-yield, pest-resistant crops to meet the needs of a growing global population has driven the expansion of agrochemicals, particularly in emerging economies.

The agricultural sector is increasingly relying on advanced chemicals that enhance crop protection and productivity, leading to a surge in demand for monoisopropylamine-based products. The compound's ability to enhance the efficacy of agrochemical formulations, while also improving their stability and shelf life, makes it a key ingredient in the industry. Furthermore, the agrochemical industry's expansion, driven by the need for efficient pest management and sustainable farming practices, is expected to continue fueling the demand for monoisopropylamine in the foreseeable future. In addition to herbicides, monoisopropylamine is used in the formulation of surfactants that enhance the spreadability and adhesion of agrochemical sprays, improving their effectiveness. This versatile application makes it an indispensable chemical in modern agriculture, further solidifying its position as the dominant segment in the Global Monoisopropylamine Market.

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Regional Insights

Asia-Pacific region was the most dominating region in the Global Monoisopropylamine Market. This dominance is primarily driven by the rapid industrialization and agricultural expansion across countries like China, India, and Southeast Asian nations, where the demand for agrochemicals and other industrial chemicals is on the rise. Asia-Pacific is a significant player in the global agrochemical industry, and monoisopropylamine is extensively used in the production of herbicides, fungicides, and insecticides. With the region’s large agricultural base, there is a continuous demand for crop protection chemicals, making monoisopropylamine a vital component in the formulation of these products. Additionally, the growing population in Asia-Pacific increases the need for improved crop yields and efficient pest management, further driving the demand for monoisopropylamine in agrochemical formulations.

The region is also seeing a strong growth in its pharmaceutical and surfactant sectors, where monoisopropylamine plays a crucial role. Pharmaceutical manufacturers in countries like India and China rely on monoisopropylamine for the synthesis of active pharmaceutical ingredients, while surfactant producers use it for various applications in personal care and detergents. The rapid economic growth in the Asia-Pacific region, coupled with the expansion of manufacturing capabilities, has made it a hub for chemical production and consumption. The presence of large multinational companies and a favorable regulatory environment also contribute to the region's dominance. With the continuous rise in industrial activities and agricultural advancements, Asia-Pacific is expected to maintain its leading position in the Global Monoisopropylamine Market.

Recent Developments

• In December 2022, the Directorate General of Trade Remedies (DGTR) recommended extending the anti-dumping duty on monoisopropylamine imports from China. This recommendation followed a request from Alkyl Amines seeking an extension of the anti-dumping duty on the chemical intermediate monoisopropylamine imported from China.

Key Market Players

• BASF SE
• Dow Inc
• Eastman Chemical Company
• Alkyl Amines Chemicals Limited
• Anhui Haoyuan Chemical Group Co., Ltd.

Report Scope:

In this report, the Global Monoisopropylamine Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Monoisopropylamine Market, By End-Use:

o   Agrochemicals

o   Pharmaceuticals

o   Surfactants

o   Others

• Monoisopropylamine Market, By Sales Channel:

o   Direct Sale

o   Indirect Sale

• Monoisopropylamine Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Monoisopropylamine Market.

Available Customizations:

Global Monoisopropylamine market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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