Global Aniline Market Outlook to 2026

SKU ID : BQ-18359889 | Publishing Date : 26-Oct-2020 | No. of pages : 0

Aniline (C6H5NH2) is an oily organic compound consisting of a phenyl group attached to an amino group. It is also known as Aminobenzene or Phenylamine. Aniline is the simplest aromatic amine in its homologous series. It is colorless in appearance and has an unpleasant odor. Aniline is a flammable liquid and slightly soluble in water.

According to Researcher, the global Aniline market is expected to witness a significant growth rate during the forecast period. The high demand for Aniline derivatives such as Methylene diphenyl diisocyanate (MDI) can be used for the manufacturing of various products such as adhesives, automotive interiors, furnishing, consumer goods, etc. is one of the major drivers for the Aniline market. Another important driver for the Aniline market is its increasing applications in the manufacturing of rubber processing chemicals and pharmaceuticals. But, the fluctuations in the cost of raw materials and the availability of active ingredients is one major restraint for the Aniline market.

In terms of end-users, the building and construction industry is likely to dominate the market, owing to its growing demand.

The Asia Pacific region is currently the global leader in this market given the robust and growing demand for the construction and automation industry. China is one of the world’s largest producers and consumers of polyurethane products. The construction industry in India has been growing at a significant rate. The Government of India (GOI) plans to build 20 million homes by 31 March 2022, under the scheme “housing for all”. This is followed by North America.

The global Aniline market is highly fragmented. The major players in the global Aniline market are BASF SE, Covestro AG, Huntsman International LLC, Wanhua Chemical Group Co., Ltd., Jilin Connell Chemical Industry Co. Ltd, among others.

Recently, Lanxess (a specialty chemicals company) has developed a new range of MDI polyether prepolymers that are made from renewable and bio-based raw materials, which are capable of replacing the fossil-based polyether prepolymers that are used to manufacture PU elastomers. These new prepolymers are marketed under the brand name Adiprene Green. It will allow the PU processors to produce products (like roll covers, press sleeves, non-pneumatic tires, etc.) with a reduced Carbon dioxide (CO2) footprint.

GlobalAniline Market report provides deep insight into the current and future state of the Aniline market across various regions. The study comprehensively analyzes the Aniline market by segmenting based on end-user industry (agriculture, automotive, buildingand construction, consumer goods, packaging & rubber), application (agricultural chemicals, dye, and pigment, Methylene Diphenyl Diisocyanate (MDI), rubber-processing chemicals, specialty fiber & 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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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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