openPR Logo
Press release

What’s Driving the Synthetic and Bio-based Aniline Market Growth? Key Players are The Chemours Company, Huntsman Corporation, The Dow Chemical Company, Sumitomo Chemical: Group Companies of the Americas, Sinopec Argentina Exploration and Production, Inc

Synthetic & Bio-based Aniline Market

Synthetic & Bio-based Aniline Market

Synthetic & Bio-based Aniline Market to surpass USD 19 billion by 2024; according to a new research report by Global Market Insights, Inc. High growth in Asia Pacific packaging industry will augment the synthetic & bio-based aniline demand throughout the forecast years as the product is a precursor to MDI, which in turn is used in manufacturing polyurethane foams. Polyurethane is extensively used to manufacture rigid as well as flexible plastic packaging materials and their rising demand for interstate to transcontinental transportation of substances boosted by the growing logistics industry will supplement the synthetic & bio-based aniline market up to 2024. The global plastic packaging market was valued at around USD 285 billion in 2016 and is set to exceed 400 billion in 2024.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2064

The health hazards associated with aniline may hamper the industry growth as stringent government regulations and guidelines associated with its handling will make the production process more expensive. NIOSH has recommended that aniline be declared as a potential carcinogen, while OSHA has set the permitted exposure limit of the product at 2 ppm as an 8-hour time weighted average concentration. The product must be stored in a cool, dry, well-ventilated area in sealed containers with labels in accordance with OSHA’s hazard communication standard. These factors will increase the storage and handling cost which may affect the synthetic & bio-based aniline market growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. BASF
2. The Chemours Company
3. Huntsman Corporation
4. The Dow Chemical Company
5. Sumitomo Chemical: Group Companies of the Americas
6. Sinopec Argentina Exploration and Production, Inc.
7. Covestro
8. Tosoh Corporation
9. Wanhua Chemical Group Co., Ltd. (formerly Yantai Wanhua Polyurethanes Co., Ltd.)
10. Hindustan Organic Chemical Ltd
11. BorsodChem Zrt.
12. Jilin Chemical Fibre Co ., Ltd
13. Shandong Jinling Mining Co., Ltd
14. Volzhsky Orgsintez JSC

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2064

According to product, the industry is segmented into bio-based and synthetic types. Bio-based aniline will be commercialized in 2017 and will gain in market share in the later stage of the forecast timespan. Synthetic segment will grow by around 6% CAGR throughout the forecast timespan.

Rubber processing chemical is a significant application segment for the synthetic & bio-based aniline market which will generate a revenue beyond USD 1.5 billion in 2024. Increasing tire demand from the rapidly growing automotive industry in Asia Pacific and North America will drive aniline usage as rubber processing chemicals.

Among the end-users, product demand for transportation will exceed USD 2.5 billion by 2024, gaining by about 6.5% CAGR. Rising automotive production in Asia Pacific will augment the segment’s growth throughout the forecast spell. By 2024, adhesives & sealants segment will account for around 10% of the total market in terms of volume, gaining the synthetic & bio-based aniline market by above 6% CAGR.

Synthetic & Bio-based Aniline Market by Process
• Reduction of nitrobenzene
• Substitution of chlorobenzene

Synthetic & Bio-based Aniline Market by Product
• Synthetic aniline
• Bio-based aniline

Synthetic & Bio-based Aniline Market by Application
• MDI
• Rubber processing chemicals
• Agrochemicals
• Dyes & pigments
• Others

Synthetic & Bio-based Aniline Market by End-user
• Construction
• Rubber products
• Transportation
• Consumer goods
• Adhesives & sealants
• Packaging industry
• Textile
• Agriculture
• Others

Browse key industry insights spread across 160 pages with 265 market data tables & 13 figures & charts from the report, “Synthetic & Bio-based Aniline Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/synthetic-and-bio-based-aniline-market

Asia Pacific is a significant regional market which will account for around 40% of the global 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 synthetic & bio-based aniline market development.

Major manufacturers in the synthetic & bio-based aniline market include Chemours, BASF, Dow Chemicals, Huntsman, Sinopec, Sumitomo Chemical, Tosoh Corporation, Covestro, Hindustan Organic Chemicals, Yantai Wanhua Polyurethane Company, BorsodChem, Jilin Connell Chemical Industry, Volzhsky Orgsintez, Shandong Jinling Group, SP Chemicals, etc.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What’s Driving the Synthetic and Bio-based Aniline Market Growth? Key Players are The Chemours Company, Huntsman Corporation, The Dow Chemical Company, Sumitomo Chemical: Group Companies of the Americas, Sinopec Argentina Exploration and Production, Inc here

News-ID: 1790084 • Views: 219

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases


More Releases for Synthetic

Synthetic Graphite Market : Trends and Forecast
Stratview Research has launched a research report on Synthetic Graphite Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Synthetic Graphite Market from 2017 to 2022. This is segmented in five ways to provide a 360 degree holistic view. The segments are – · by Form (Synthetic Electrode, Synthetic Block, Synthetic Carbon Fiber, and Synthetic
Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Innovation Benchmarking in Synthetic Zeolite Market
A high volume of players are currently present in the global specialty zeolites market, as stated in a research report released by Transparency Market Research. The leaders of the market for 2015 – Tosoh Corporation, Arkema Group, BASF SE, and W.R. Grace & Co. – held a collective share of 34.7% in its overall value. The players in the market are spread out in terms of size, thereby creating a
Synthetic Leather Market Quantitative Apprehension 2025
Global Synthetic Leather Market: Snapshot Synthetic leather or artificial leather, is made using polyvinyl chloride, (PVC) or polyurethane (PU). Over the past few years, it has soared in popularity as it closely resembles natural leather in feel and appearance. Unlike actual leathers, manufacturers can create high durable and low-maintenance products such as purses, bags, diary covers, stationery items, belts, garments, wallets and a variety of sports items, which can be made
SYNTHETIC APERTURE RADAR (SAR) MARKET
Synthetic aperture radar market refers to the space and air-based SAR that functions on the principle of transmission and reception of the reflected signals that interact with the ground and aid in the imaging, tracking, detection and characterization. SAR finds significant applications over the conventional electro optical (EO) imaging systems, primarily owing to microwaves being able to penetrate through clouds and provide consistent 24 hour, all weather data efficiency. Increasing traction
Synthetic Marble Market Evolving Industry Trends 2025
Synthetic marble is a blend of fillers such as calcium carbonate and silica; and synthetic resins such as polyester and acrylate, pigments, and gel coat. Marble powder, calcium carbonate, and fine grained sand are the primary raw materials for the manufacture of synthetic marble. Synthetic marble has high tensile strength compared to natural marble and is more durable. It is also known as cultured marble or engineered marble. It is