Aniline Market Size, Share, Industry, Forecast and Outlook (2023-2030)

Global Aniline Market is segmented By Application (Dye and Pigment, Rubber-processing, Specialty Fiber, Plant Protecting Products,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, 2023-2030

Aniline Market Overview

 A Report by DataM Intelligence estimates the Global Aniline market to grow at a CAGR Of 5.72% during the forecast period 2023- 2030. The market is expected to grow due to increasing demand of product from Packaging, Building & Construction, Agriculture, Consumer Goods, Automotive. The competitive rivalry intensifies with Mitsubishi Chemical Corporation, BASF Corporation., Bayer, and others operating in the market.

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

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Aniline Market 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

Major players are 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.