Press release
Diphenylamine Market Trends 2023 | Global Key Player; BASF SE, Huntsman International LLC., Chemtura Corporation, The Lubrizol Corporation, Merck KGaA, Duslo, a.s., Seiko Chemical Co.,Ltd, SONGWON, Nantong Xinbang Chemical Technology Chemical Co., Ltd., J
Diphenylamine (DPA) is a solid crystalline organic compound with a chemical formula (C6H5)2NH. Diphenylamine is a derivative of aniline, in which amine is bounded by two phenyl groups. DPA is used as an antioxidant in a broad range of industrial and transport lubricants owing to its excellent protection against high temperature oxidation. Moreover, it is widely used as a fungicide, chemical intermediates, and antioxidant in numerous end use industries such as agriculture, automotive, general industry, cosmetics & personal care, plastics & rubber, and others.
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As per our analysis, some of the important market factors and trends identified in the global diphenylamine market include rising automotive production & sales, growing mining activities, and rapid urbanization. Rising usage in agricultural activities coupled with the rise in the demand for quality crop production is expected to drive market growth over the forecast period. Moreover, increasing investment in the mining & construction activities as well as expansion of general industry in developing regions is predicted to fuel market growth. Rising demand for lightweight passenger vehicles and heavy duty commercial vehicles have boosted the global automotive production, which in turn, is expected to raise the diphenylamine based lubricants during the review period. Furthermore, rising investment in the construction activities such as colleges, hotels, hospitals, and stadiums are expected to fuel the demand for DPA. However, rising consumer awareness regarding the toxicity level associated with DPA is predicted to hamper the market growth during the assessment period.
Key Players:
BASF SE
Huntsman International LLC.
Chemtura Corporation
The Lubrizol Corporation
Merck KGaA
Duslo, a.s.
Seiko Chemical Co.,Ltd.
SONGWON
Nantong Xinbang Chemical Technology Chemical Co., Ltd.
JIANGSU FEIYA CHEMICAL INDUSTRY CO.,LTD
Segmentation:
The global diphenylamine market is classified on the basis of application, end use industry, and region. On the basis of application, diphenylamine market is segmented into antioxidants, fungicide, chemical intermediate, and others. On the basis of end use industry, the DPA market is segmented into automotive, agriculture, cosmetics & personal care, general industry, plastics & rubber, and others. On the basis of regions, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
Intended Audience:
• Diphenylamine manufacturers
• Traders and Distributors of diphenylamine
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory
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