Aniline Market Report

Aniline Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Format: PDF  |  Report ID: GVR1169

Increasing demand for polyurethane rigid foams is expected to remain a key factor driving global aniline market growth. More than half the global aniline production is attributed to methylene diphenyl diisocyanate (MDI) production. MDI plays vital role in manufacturing rigid polyurethane (PU) foams. Increasing demand for PU insulation in construction, automotives and plastic industries is expected to drive aniline market growth over the forecast period. Aniline serves a raft of end-use industries including rubber products, consumer goods, agriculture, transportation, adhesives/sealants, textiles, packaging, manufacturing, coatings, photography, electronics, pulp & pare and pharmaceuticals. Increasing aniline penetration in pharmaceuticals is expected to have a positive impact on the global market. Aniline demand as a solvent and gasoline anti knock additive is expected to escalate owing to increasing gasoline demand and rapid industrialization particularly in developing nations. EPA revised (2002) NIOSH’s recommendation (1992) for designating aniline as carcinogen. This yields favorable regulatory environment for aniline market growth. MDI price volatility is anticipated to hinder the global market growth. Increasing applications of aniline as metal corrosion inhibitor is touted to provide opportunities for market participants over the next six years. 

Asia Pacific is expected to register significant growth over the forecast period on account of growing infrastructure and automotive industries. Major companies are expanding their aniline production capacities in China in order to cater to the high demand from emerging economies in the region. Increasing electronics production in Korea, Taiwan and China is expected to further drive Asia Pacific market growth. Growth of automotive industry in Brazil and increasing construction spending in Mexico is expected to drive aniline demand in these Latin American markets. North American aniline market is characterized by its high demand from pharmaceuticals, packaging and textile industries. On account of which, the market in the region is expected to exhibit moderate growth rates over the forecast period. 

Some major companies operating in global aniline market include BASF, Yantai Wanhua Polyurethane Co Ltd, DuPont, Huntsman, Jinling Chemical Co, Dow Chemicals and Bayer. Other key industry participants include Sinopec Nanjing Chemical Industrial Corporation – (NCIC), Tosoh Corp, Mitsubishi Chemical Corp, Sumitomo Chemical Co Ltd, and Volzhsky Orgsintez JSC.

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