GVR Report cover Aniline Market Size, Share & Trends Report

Aniline Market Size, Share & Trends Analysis Report By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

  • Published Date: ---
  • Base Year for Estimate: ---
  • Report ID: GVR1169
  • Format: Electronic (PDF)
  • Historical Data: ---
  • Number of Pages: 0

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 a vital role in manufacturing rigid polyurethane (PU) foams. Increasing demand for PU insulation in construction, automotive, 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 antiknock 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 a carcinogen. This yields a favorable regulatory environment for aniline market growth. MDI price volatility is anticipated to hinder global market growth. Increasing applications of aniline as a 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 the 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 the 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 this, the market in the region is expected to exhibit moderate growth rates over the forecast period. 

Some major companies operating in the 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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