Aniline Market – Global Industry Growth, Size, Share, Trends And Analysis To 2020: Grand View Research, Inc.

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Global aniline market is anticipated to witness accelerated growth on account of rising demand for polyurethane rigid foam in various end-use applications.

Global aniline market is anticipated to witness accelerated growth on account of rising demand for polyurethane rigid foam in various end-use applications. Aniline which is also known as aminobenzene or phenylamine, is an aromatic amine produced by ensuing nitration and hydrogenation of benzene with a metal catalyst. Aniline is utilized mainly to manufacture MDI (methylene diphenyl diisocyanate) and plays a vital role in insulation applications across diverse fields such as construction, plastics and automotive industries.

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Aniline was declared a toxic carcinogen previously by NIOSH (National Institute for Occupational Safety and Health, U.S.) recommendation; however EPA (Environmental Protection Agency, U.S.) revised the designation and provided a boost to the aniline market development. Polyurethane foams are used in seats & mattresses production is also expected to drive aniline demand in automobile and household industry respectively.

Aniline market can be segmented on the basis of application into MDI, rubber processing chemicals and dyes & pigments. Currently, MDI sector accounts for maximum demand for aniline in the global market. However, other segments, mainly rubber processing chemicals and dyes are expected to witness tremendous growth over the next seven years. On the basis of end-use industries, aniline can be categorized into packaging, automotive, consumer goods, rubber products, insulation, agriculture, paper & pulp and photography.

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Asia Pacific is expected to secure maximum market growth on account of rapidly developing automotive and construction industries, mainly in India and China. Increasing electronics industry and subsequent application of aniline for insulation is anticipated to boost market growth in Taiwan and Korea. European and North America are nearly mature markets, but are expected to display opportunities for growth on account of major aniline manufacturing facilities in UK, France, Germany and U.S, Canada regions respectively. Emerging MDI facilities in Middle East, mainly Saudi Arabia and Egypt are expected to complement aniline demand in these markets.

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Major market players are actively participating in M&A and R&D to develop the global aniline market. Jilin Connell Chemical Industry Co., Dow Polyurethanes Ltd, BASF, Bayer Material Science, Lianheng Isocyanate (JV of Huntsman), Shanghai Chlor-Alkali Chemical and Shanghai Co Hua Yi are anticipated to create growth opportunities for the aniline market.

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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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