So. Mai 12th, 2024

According to the ChemAnalyst report titled “Global Aniline Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032,” the global aniline market has experienced significant expansion in the historical period from 2015 to 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.30%, reaching 12 million tonnes by 2032. This growth is primarily driven by increasing demand from end-use industries such as Methylene Diphenyl Diisocyanate (MDI), Rubber-processing Chemicals, and Dyes & Pigments.

 

>> Click Here To Get Latest Aniline Market Sample Report

 

Aniline, also known as phenylamine (C6H5NH2), is an organic compound consisting of an amino group and a phenyl group. It is an oily, combustible liquid that is either colorless or slightly yellow and is produced through the catalytic hydrogenation of nitrobenzene. Aniline is highly soluble in ether and alcohol but has low solubility in water. One of the primary applications of aniline is as a key feedstock for the production of Methylene Diphenyl Diisocyanate (MDI), which is a crucial ingredient in polyurethane (PU) foams used for insulation in the construction, automotive, and plastic industries, thereby driving the demand for aniline.

 

The aniline market is significantly influenced by the construction sector, automotive industry, rubber industries, and agrochemicals. Aniline and its derivatives are used in the production of rubber tires for automobiles and rubber gloves. Aniline has a wide range of applications in pharmaceuticals and is used as a coloring agent for fibers. It is also employed for agricultural purposes as a pesticide and fungicide. The primary application of aniline is in the production of polyurethane, which is used to make various products, including plastics. Methylene Diphenyl Diisocyanate (MDI), a product made using aniline, is used to produce polyurethanes, elastomers, adhesives, sealants, surface coatings, fibers, and more, depending on the applications.

 

In the coming years, the use of aniline as an anti-knock additive in gasoline is expected to increase significantly. The pharmaceutical and rubber sectors are also expected to contribute to the demand for aniline. The growing demand for rigid PU foam in the construction and electronics industries and flexible PU foam in the furniture and transportation sectors is anticipated to drive the global aniline market’s growth in the forecast period. The rising demand for innovative MDI materials for energy-efficient insulating materials in buildings and refrigeration systems will further accelerate market growth.

 

The global aniline market is segmented based on end-use, sales channel, and region. In terms of end-user industries, the market includes Methylene Diphenyl Diisocyanate (MDI), Rubber-processing Chemicals, Dyes & Pigments, and others. Methylene Diphenyl Diisocyanate (MDI) manufacturing is the major consumer of the aniline market, accounting for more than 74% of the market in 2022. Due to its extensive application, MDI manufacturing is expected to be the fastest-growing segment in terms of aniline demand.

 

Regionally, the Asia Pacific region dominates the aniline market, followed by Europe. In 2022, Asia Pacific held a market share of approximately 55%. This is attributed to the increasing use of methylene diphenyl diisocyanate (MDI), which is made from aniline and is used to produce various sealants and insulating materials for infrastructure purposes. The expansion of residential and commercial building construction activities due to population growth in developing nations such as India, Japan, and China is one of the primary reasons favoring market expansion. China, as the world’s largest producer and consumer of polyurethanes and a significant automotive manufacturing hub, offers substantial potential for the global aniline market.

 

Major players in the global aniline market, as highlighted in the report, include Covestro AG, Huntsman Corporation, BASF SE, Wanhua Chemical Group, Sumitomo Mitsui Chemical, Tosoh Corporation, BorsodChem MCHZ, Jilin Connell Chemical Industry Co., Ltd, Inner Mongolia Connell Chemical Industry Co., Ltd, Gujarat Narmada Valley Fertilizers & Chemicals Limited, SP Chemicals Co., Ltd., Bondalti Chemicals, S.A, Sinopec Nanjing Chemical Industries Co., Ltd., Karun Petrochemical Company, and others.

 

>> Click Here To Read Full Report:

https://www.chemanalyst.com/industry-report/aniline-market-282

 

“Constantly increasing demand for aniline from several end-use industries, including Methylene Diphenyl Diisocyanate (MDI), Rubber-processing Chemicals, and Dyes & Pigments, which are further used in various downstream industries such as Construction, Automobiles, Rubber, and Agrochemicals, is anticipated to augment market growth in the forecast period. Asia Pacific is expected to continue its dominance during the forecast period, driven by increased demand for rubber and plastics in response to rapid industrialization and urbanization,” commented Mr. Karan Chechi, Research Director at TechSci Research, a research-based global management consulting firm promoting ChemAnalyst worldwide.

 

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