Aniline Market

SKU: DMCH348 | Last Updated On: Jan 06 2023 | Available Formats

> Global Aniline Market Expected to reach a high CAGR 5.72% By 2029: DataM Intelligence

Global Aniline Market is segmented By Application (Dye and Pigment, Rubber-processing, Specialty Fiber, Plant Protecting Products, Methylene Diphenyl Diisocyanate (MDI) Production, and others), By End-user (Packaging, Building & Construction, Agriculture, Consumer Goods, Automotive and others), By Geography (Asia-Pacific, Europe, North America, South America ), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Aniline Market Overview

Global Aniline Market Expected to reach a high CAGR of 5.72% By 2029: DataM Intelligence

  • Aniline is an aromatic amine and has broad applications in consumer goods such as coatings, furniture, apparel, adhesives, and sealants.

  • Aniline is used as an intermediate in the production of specialty organic fibers, explosives, optical whiteners, etc. Optical whiteners made from aniline can be used in cotton, viscose, detergent, linen, and paper to obtain excellent whitening and brightening effects at a low cost. Aniline is also used on a smaller scale in the production of intrinsically conducting polymer and polyaniline.

  • Furthermore, aniline acts as a coating agent in furniture and contributes to improving texture, and durability. The aniline market is expected to grow due to the upsurge in end-use industries during the forecast period.

Aniline Market Scope and Summary

Metrics

Details

Market CAGR

5.72%

Segments Covered

By Application, By End-User, By Geography, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Aniline Market Dynamics and Trends

  • By Application, the global aniline market is segmented into Methylene Diphenyl Diisocyanate (MDI) Production, Rubber-processing, Dye and Pigment, Specialty Fiber, Plant Protecting Products, and others. Among all, MDI is expected to witness the highest demand and fastest growth during this forecast period. This is because, aniline is heavily required for MDI, which is used in the production of polyurethane foam. These are the key driving factors that may fuel the demand over the forecast period.

  • Also, with the increase in the consumption of rubber, the demand for aniline will increase which will trigger the growth of the global aniline market.

Aniline Market Segmentation Analysis

  • By End-use, the global aniline market is segmented into Building Industry, Automotive, Agriculture, Consumer Goods, and Others.

  • Among all, The building industry is by far the largest consumer of rigid and spray polyurethane foam. With the increasing number of building codes that promote energy-efficient structures, home builders and consumers are gradually preferring building strategies that deliver performance and save energy in the long run.

  • Thus, this segment is projected to grow at a higher CAGR and is expected to maintain its dominance over the forecast period.

Global Aniline Market Geographical Share

  • Geographically, the global aniline market has been segmented into North America, Europe, Asia-pacific, Africa, and others. Among all the regions, Asia Pacific is expected to register significant growth over the forecast period on account of the growing construction and automotive industries. The demand is majorly expected to rise from developing nations, such as China, India, and Indonesia.

  • The North American aniline market is distinguished by its high demand from the pharmaceuticals, packaging, and textile industries. On account of this, the market in the region is expected to exhibit moderate growth rates over the forecast period.

Aniline Market Companies and Competitive Landscape

Arrow Chemical Group, Mitsubishi Chemical Corporation, Wanhua Chemical, BASF Corporation, Bayer, Huntsman International LLC, The Chemours Company, Sinopec Nanjing Chemical Industries Co., Ltd, Jilin Connell Chemical Industry Co. Ltd, and Shandong Jinling Chemical Co., Ltd are among the few key operating players in the global aniline market.

 

Frequently Asked Questions

What is the Aniline Market growth?

The market is growing at a CAGR of 5.72%.

What is the Aniline Market size in 2021

The Aniline Market size was valued at USD YY million in 2021.

Who are the key players in Aniline Market?

Arrow Chemical Group, Mitsubishi Chemical Corporation, Wanhua Chemical, BASF Corporation, Bayer, Huntsman International LLC, The Chemours Company, Sinopec Nanjing Chemical Industries Co., Ltd, Jilin Connell Chemical Industry Co. Ltd, and Shandong Jinling Chemical Co., Ltd.

 

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