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The size of aniline market is predicted to register more than 6% growth rate to exceed a valuation of USD 19 billion by 2024; according to this new research report. The significant growth in construction sector will spur the aniline market demand in forecast time frame, as product is extensively used in building construction for roofing and insulation purposes.The aniline market is categorized into process, product, application and end-user. The process is further segmented into nitrobenzene reduction and chlorobenzene substitution. In 2016, the reduction of nitrobenzene process is more popular and will likely generate over USD 17 billion in forecast spell.
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The product segment is divided into aniline types. Among these, synthetic aniline will likely grow over 6% CAGR in future. Bio-based products will likely witness significant gains in the coming years as it is recently commercialized and has lower ecological footprint when compared with the synthetic ones.
The aniline market application segment is fragmented into methyl di-p-phenylene isocyanate (MDI), dyes & pigments, agrochemicals, as a processing chemical in rubber industry, etc. Among these, rubber processing segment will generate revenue over USD 1.4 billion in forecast period. Increasing demand for tires in automotive sector in the U.S. and Asia region will boost the product usage in rubber processing industry.
The end-user segment in aniline market include construction, textiles, agriculture, rubber products, adhesives & sealants, transportation, packaging industry, consumer goods, etc. Among these, transportation industry will generate revenue over USD 2 billion with CAGR around 6.5% in forecast spell. Increasing automotive production coupled with rising road infrastructure construction activity in Asia Pacific is likely to spur the aniline market demand for this segment over the forecast period.
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Asia Pacific is a significant regional market which will account for around 40% of the global aniline industry in 2024. Rising polyurethane packaging material production in China along with the fast-developing automobile and construction industries will significantly contribute to the regional aniline market development.
The key producers in the aniline market include Jilin Connell Chemical Industry, Yantai Wanhua, Sinopec, The Chemours, Sumitomo Chemical, Dow, Hindustan Organic Chem, Volzhsky Orgsintez, Tosoh, BASF, Sinopec, SP Chemicals and Shandong Jinling, etc.
Browse key industry insights spread across 160 pages with 265 market data tables & 13 figures & charts from the report, “Aniline Market Size By Process (Reduction, Substitution), By Product (Synthetic, Bio-based) By Application (MDI, Rubber Processing Chemicals, Agrochemicals, Dyes & Pigments), By End-user (Construction, Rubber Products, Transportation, Consumer Goods, Adhesives & Sealants, Packaging Industry, Textile, Agriculture), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/synthetic-and-bio-based-aniline-market
Table of Contents (ToC) of the report:
Chapter 6. Aniline Market, By Application
6.1. Global market share by application, 2016 & 2024
6.2. Methyl di-p-phenylene isocyanate (MDI)
6.2.1. Market estimates and forecasts, 2013 - 2024
6.2.2. Market estimates and forecasts by region, 2013 – 2024
6.3. Rubber processing chemicals
6.3.1. Market estimates and forecasts, 2013 - 2024
6.3.2. Market estimates and forecasts by region, 2013 – 2024
6.4. Agrochemicals
6.4.1. Market estimates and forecasts, 2013 - 2024
6.4.2. Market estimates and forecasts by region, 2013 – 2024
6.5. Dyes & pigments
6.5.1. Market estimates and forecasts, 2013 - 2024
6.5.2. Market estimates and forecasts by region, 2013 – 2024
6.6. Others
6.6.1. Market estimates and forecasts, 2013 - 2024
6.6.2. Market estimates and forecasts by region, 2013 – 2024
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/synthetic-and-bio-based-aniline-market
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