Aniline Market

Aniline Market was valued at USD 8.56 Million in 2021 and expected to reach USD 12.0 Million by 2028 with the CAGR of 5.0% over the forecast period. 

Global Aniline Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing demand of aniline from the building and construction sector, rising demand of aniline for rubber processing industry and growing disposable income are major factors anticipate to drive the growth of Global Aniline Market. 

Scope of Global Aniline Market Report- 

Aniline is an organic compound also known as aminobenzene or phenylamine having 6 carbon (C) atoms, 7 hydrogen (H) atoms, and 1 nitrogen (N) atom in its chemical formula of C6H7N or C6H5NH2. Since aniline has an amino group in its structure, it is also an amine, hence it is classified as an aromatic amine. In liquid form, aniline occurs in the form of yellowish and slightly brownish oily liquid which has fishy and musty odour. Aniline, an organic base used to make dyes, drugs, explosives, plastics, and photographic and rubber chemicals. Aniline was first found in 1826 by destructive distillation of Indigo. It is also used for the production of polyurethane and different chemical products.  

The covid-19 pandemic has shown a negative impact on the global aniline market. Due to lockdown, construction and other industries where aniline is used were temporary closed. Also, supply chain disruption and other restrictions caused overall decline in the production of the global aniline market.  

The global aniline market is segmented on the basis of the distribution channel, application, end-users and geography. On the basis of distribution channel, the global aniline market is classified into direct or institutional sales, retail sales, and others. On the basis of application, the global aniline market is segmented into agricultural chemicals, rubber- processing chemicals, dyes and pigments, specialty fibers and other applications. On the basis of end users, the global aniline market is segmented into rubber, consumer goods, building and construction, automotive, agriculture and others.  

The regions covered in the global aniline market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. On the basis of country level, the market of global aniline market is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, South East Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc. 

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2021:	USD 8.56 Million
Base year considered	2020
Forecast Period CAGR %:	5.0%
Market Size Expected in 2028:	USD 12.0 Million
Tables, Charts & Figures:	175
Pages	195
Aniline Companies	Gemoil Singapore Pte Ltd, BASF SE, Bayer Material Science LLC, E.I du Pont De Nemours and Company Bayer MaterialScience LLC, Wanhua Chemical Group Co., Huntsman Corporation, Ltd., E. I. duPont de Nemours and Company, and Bayer MaterialScience LLC. and others.
Segments Covered	By Distribution Channel, By Application, By End-Users
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

 

Key Players of Global Aniline Market Report- 

Some major key players for the global aniline market are Gemoil Singapore Pte Ltd, BASF SE, Bayer Material Science LLC, E.I du Pont De Nemours and Company Bayer MaterialScience LLC, Wanhua Chemical Group Co., Huntsman Corporation, Ltd., E. I. duPont de Nemours and Company, and Bayer MaterialScience LLC. and others.  

Increasing Demand of Aniline from the Building and Construction Sector, Rising Demand of Aniline for Rubber Processing Industry and Growing Disposable Income are Major Factors Anticipate to Drive the Market Growth 

One of the major factors driving the growth of the global aniline market is increasing demand of aniline from building and construction sector. The building and construction sector uses aniline in the form of methylene diphenyl diisocyanate (MDI) is vital for the building and construction industry. This MDI is most important chemical used in producing rigid polyurethanes that are used as an insulating material which is used for roofs and walls because if its insulating properties. For instance; according to the US Department of Energy by the use polyurethane money can be saved because polyurethane maintaining uniform temperature with low noise levels. Thus, rising demand of aniline in building and construction is boosting the market growth.  

In addition, rising demand of aniline for rubber processing industry is also supplementing the market growth. Aniline is used in the production of car tyres, balloons and gloves nad other products in the rubber industry. Furthermore, aniline is also used in packaging industry and agriculture sector which is also supplementing the demand for the aniline. Moreover, the growing disposable income is also boosting the growth of global aniline market. As aniline is majorly used to produce furnishing products such as coaches, sofas and bedding. Increasing disposable income and high living standard levels will increase the demand for these products which will lead to increase the demand for aniline as well. For instance;  according to Investopedia, United States disposable income per capita was $52,800.  

However, variable raw material prices may hamper the market growth within the forecast period. In spite of that, bio-based aniline industries development are expected to provide more opportunities for the further growth of the market.  

Asia-Pacific is Expected to Witness a Significant Growth in the Global Aniline Market 

Asia- Pacific is expected to show a significant growth in the global aniline market within the forecast period due to the increasing demand in construction and automotive industry, presence of major key players and growing production of polyurethane in this region. The demand of aniline is increasing in emerging countries such as India, China and Indonesia. As India has a large agricultural area and also significant growth of automotive industry which lead to continuous requirement of automotive and agricultural products such as fertilizers, pesticides and insecticides, rubber tires. Thus, demand of these products is driving the growth of the global aniline market. In addition, major key players are present in these regions such as duPont de Nemours, Huntsman Corporation, Wanhua Chemical Group Co., E. I. and Company, and Bayer MaterialScience LLC. which are continuously launching products to be in the competition. Moreover, growing production of polyurethane is also augumenting the market growth in Asia Pacific. For instance; according to National Bureau of Statistics of China is the largest producer and consumer of polyurethane products and generated about CNY 7.3 trillion.  

Global Aniline Market Segmentation:

By Distribution Channel

• Institutional Sales 
• Retail Sales 
• Other  

By Application 

• Agricultural Chemicals 
• Rubber- Processing Chemicals 
• Dyes And Pigments 
• Specialty Fibers 
• Other Applications 

By End-Users

• Rubber 
• Consumer Goods 
• Building And Construction
• Automotive
• Agriculture 
• Others. 

Aniline Market Key Players:

• Gemoil Singapore Pte Ltd
• BASF SE
• Bayer Material Science LLC
• I du Pont De Nemours
• Wanhua Chemical Group Co.
• Huntsman Corporation, Ltd.
• I. duPont de Nemours and Company
• Bayer MaterialScience LLC.

Key Benefits of Global Aniline Market Report– 

• Global Aniline Marketreport covers in-depth historical and forecast analysis 
• Global Aniline Marketresearch report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level. 
• Global Aniline Marketreport helps to identify opportunities in marketplace.    
• Global Aniline Marketreport covers extensive analysis of emerging trends and competitive landscape.