Aniline Market Report 2023 | Share, Size, Growth, Trends and Forecast by 2028
IMARC Group, a leading market research company, has released a report titled "Aniline Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". offers a comprehensive analysis of the industry, which comprises insights on the global aniline market share. The global market size reached 9.4 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 12.9 Million Tons by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
Aniline is an organic compound widely regarded as a foundational element in organic chemistry. As a versatile precursor, it plays a critical role in producing various important substances. It is extensively used in manufacturing vibrant dyes, contributing to the textile and printing industries. Aniline is also utilized in the production of plastics and synthetic rubber, making it indispensable in various industrial applications. At present, aniline is gaining immense traction across the globe due to its essential role in manufacturing dyes, plastics, pharmaceuticals, and synthetic rubber, meeting the needs of diverse industries.
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Aniline Market Trends and Drivers:
The global aniline market is primarily driven by the rising product utilization in the production of polyurethane insulation materials owing to the rapid expansion of the construction and automotive industries. Moreover, the increasing use of aniline in manufacturing dyes that are commonly used in textiles and printing has augmented the product demand. Apart from this, the escalating demand for aniline in the pharmaceutical industry, as it is a precursor to several pharmaceutical products, has catalyzed market growth. Apart from this, the emergence of specialized applications such as antioxidants and rubber-processing chemicals is propelling market growth. Besides this, expanding industrial activities due to inflating consumer disposable incomes, especially in developing economies, represents another major growth-inducing factor. Furthermore, numerous advancements in chemical technology that enable more efficient production processes are contributing to market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Technology
Vapour-Phase Process
Liquid-Phase Process
Breakup by Application:
Methylene Diphenyl Diisocyanate (MDI)
Others
Breakup by End-Use Industry:
Insulation
Rubber Products
Consumer Goods
Transportation
Packaging
Agriculture
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
BASF Corporation
Bayer Material Science
Borsodchem Mchz
First Chemical Corporation
Jilin Connell Chemical Industry Co., Ltd.
Hindustan Organics Chemicals Limited
Huntsman International
Mitsubishi Chemical
Mitsui Chemical
Narmada Chematur Petrochemicals Limited
Petrochina Co. Ltd.
Sabic
Sp Chemicals Holdings Ltd.
Sumitomo Chemical
Sumika Bayer Urethane Co., Ltd.
The Dow Chemical Company
Tosoh Corporation
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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